| Milana Vinn / Reuters: |
Sources: Stripe and PE firm Advent have jointly offered $60.50/share to acquire PayPal, a 28% premium to Tuesday's close, valuing it at $53B+; PYPL jumps 15%+ — Payments company Stripe and private equity firm Advent International have made a joint offer to acquire PayPal Holdings Inc … | Reuters: |
China says Apple Intelligence has been registered for use on iPhones in the country; the service will integrate Alibaba's Qwen and may add Baidu's AI features — China's cyberspace regulator said on Wednesday that Apple's on-device generative AI service “Apple Intelligence” has been registered for use on iPhones in the country.| Max A. Cherney / Reuters: |
ASML says Intel has decided to use ASML's next-gen High NA EUV machines to make some of its flagship Panther Lake laptop chips; a High NA machine costs ~$400M — Intel (INTC.O) has decided to use a high-end machine from ASML to manufacture some of its flagship Panther Lake laptop chips … | April Roach / CNBC: |
ASML reports Q2 net sales of €9.3B, above €8.8B est., a €2.9B net profit, above €2.6B est., and raises its 2026 net sales forecast from €36B-€40B to €43B-€45B — ASML on Wednesday raised its guidance for the second time this year and reported stronger … | Thinking Machines Lab: |
Thinking Machines Lab debuts Inkling, an open-weight MoE model with 975B total and 41B active parameters, trained to be broad rather than optimized for one area — Try on Tinker Model card Hugging Face — Our mission is to build AI that extends human will and judgment.| CNBC: |
IBM's stock closed down 25.21% on Tuesday, sinking more than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates — International Business Machines shares plummeted 25% on Tuesday after the hardware, software and consulting provider released … | Bloomberg: |
Source: OnePlus will begin to cease operations in the US and Europe as early as this week and Realme will exit China as part of a restructuring by parent Oppo — OnePlus, a consumer electronics brand that gained a loyal following with its lineup of aggressively priced Android smartphones … | The Information: |
Sources: Apple is looking for chip companies to buy to boost its AI server chip efforts as it struggles with the performance of its servers running on M2 Ultra — Apple is on the lookout for acquisitions of chip companies to boost its efforts to build server chips for running AI, said people familiar with the company's efforts.| Wall Street Journal: |
A group of 26 current and former employees sues Meta for allegedly using AI in layoffs in May to unfairly target workers with disabilities or on protected leave — Lawsuit alleges social-media company relied on AI that disproportionately targeted workers with disabilities or who were on medical or parental leave| Stu Woo / Wall Street Journal: |
China enacts rules forbidding companionship chatbots from encouraging emotional reliance, banning virtual relationships with minors, and more — Beijing sets emotional boundaries between humans and machines — SINGAPORE—Regulators in China have found unexpected common ground … | Mark Gurman / Bloomberg: |
Apple raises its AppleCare+ prices for Macs and iPads by $0.50 per month and $5 per year; the increases are exclusively for new sign-ups — Apple Inc. slightly raised the cost of individual AppleCare+ service subscriptions, marking its latest price increase in the face of a global memory shortage and other challenges.| Bernhard Warner / New York Times: |
Daniel Ek's Neko Health, which offers AI-based full-body scans, raised $700M co-led by Lightspeed and O.G. Venture Partners, sources say at a ~$7B valuation — The health tech start-up co-founded by Spotify's Daniel Ek is worth billions more after a new $700 million funding round.| Sean Hollister / The Verge: |
Court filing: Google says it is ready to add third-party app stores within Google Play in the US on July 22, as Google and Epic withdraw their settlement motion — Get ready for rival app stores inside of Google Play. … Epic Games and Google have just jointly withdrawn their attempt … | Liam Denning / Bloomberg: |
Uber and Waymo are engaged in a DC lobbying battle over AV legislation, with Uber supporting a hybrid human-robotaxi model and Waymo pushing for pure robotaxis — The latest leading indicator of the robotaxi revolution is a tiff. Waymo LLC, a unit of Alphabet Inc., and Uber Technologies Inc. are nominally partners.| Jagmeet Singh / TechCrunch: |
Indian AI coding startup Emergent raised a $130M Series C at a $1.5B post-money valuation, up from $300M in January, bringing its total funding raised to $230M — Indian AI coding startup Emergent has raised $130 million in a Series C funding round at a $1.5 billion post-money valuation, a five-fold jump in six months.| Maxwell Zeff / Wired: |
OpenAI employees donated a combined $215K+ to Guardrails Alliance, a super PAC seeking stricter AI rules and opposing Greg Brockman-backed Leading the Future — OpenAI employees have donated more than $215,000 to a political effort opposing Leading the Future, a group backed by the company's president, Greg Brockman.| Rebecca Bellan / TechCrunch: |
Anthropic, Blackstone, and Hellman & Friedman's $1.5B AI implementation company, announced in May, launches with the name “Ode with Anthropic” and 100 engineers — AI models are becoming ever more capable, but exactly what enterprise adoption will look like remains a big question.| Barbara Moens / Financial Times: |
Sources: the EU is set to fine Google hundreds of millions of euros over alleged self-preferencing of its services in Search and restrictions on app developers — Decisions will test whether the EU can police digital markets without reigniting tensions with Washington| Megan Morrone / Axios: |
OpenAI launches Codex Micro, a $230 desktop keypad built in collaboration with keyboard maker Work Louder, with backlit keys, a rotary knob, and a tiny joystick — OpenAI opened orders Wednesday for Codex Micro — a limited-edition desktop keypad that lets agentmaxxers monitor and control their AI minions.| Jess Weatherbed / The Verge: |
Samsung unveils a new Flex Titanium foldable display that is slimmer, more durable, and less prone to creasing, debuting in its upcoming Galaxy Z Fold 8 series — The Flex Titanium display tech is slim, strong, and reduces crease visibility.| Meytal Vaizberg / Globes: |
Israel-based Hemispheric, whose AI model can analyze brain activity measured non-invasively and turn it into quantitative metrics for diagnoses, raised $52M — The Israeli company's AI model can analyze brain activity measured by non-invasive means and turn it into quantitative metrics designed … | Patrick Coffee / Wall Street Journal: |
How TikTok Shop sellers are using AI creators and AI twins to boost affiliate sales; eMarketer: US sales on TikTok Shop will grow 48% YoY to $23.41B in 2026 — Brands issue warnings as more creators use avatars and duplicates of themselves to boost affiliate sales| Jiyoung Sohn / Wall Street Journal: |
Hyundai's South Korea auto workers have gone on a partial strike over wages, AI, and the prospect of it deploying Boston Dynamics' humanoid robot in factories — Auto workers for Hyundai Motor in South Korea are on a partial strike worried about their future job prospects| Ryan Lawler / Axios: |
Lumin Digital, which provides cloud-based digital banking software to banks and credit unions, raised more than $115M at a $1.6B post-money valuation — Lumin Digital, which provides digital banking software to banks and credit unions, raised more than $115 million at a $1.6 billion post-money valuation … | OpenAI: |
OpenAI details GPT-Red, an internal automated red-teaming model that helps it find and fix prompt injection vulnerabilities at scale before wider deployment — Training strong automated safety red-teamers to improve robustness. — Summary — Problem — Red-teaming is essential … | Greg Bensinger / Reuters: |
Dave Brown, AWS SVP of Compute, AI, and Platform, is leaving the company after 19 years for a new job; he is a member of the S-team that advises CEO Andy Jassy — Amazon (AMZN.O) veteran Dave Brown, a senior vice president in Amazon Web Services and member of the elite internal group advising CEO Andy Jassy …
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.| Politico: |
How Anthropic is pursuing a state-by-state push for ever-tougher AI safety laws, in contrast with OpenAI's “reverse federalism” strategy for common state rules — SAN FRANCISCO — Artificial intelligence giant Anthropic is pursuing a strategy of one-upmanship that encourages states … | Sankalp Phartiyal / Bloomberg: |
India pledges $13.3B to boost domestic chipmaking, building on a $10B incentive program from 2021 that attracted investments from companies like Micron and Tata — India pledged a further 1.28 trillion rupees ($13.3 billion) to boost domestic chipmaking, advancing its ambitious bid to become a global manufacturing hub.| Marina Temkin / TechCrunch: |
Sources: OpenAI researcher Miles Wang is leaving to launch a startup developing AI models for drug discovery, and is in talks to raise ~$200M at a $2B valuation — Miles Wang, an OpenAI researcher whose work includes using AI to accelerate scientific and biological discovery …
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Stop vibe coding analytics — Equals AI turns questions about your business into auditable spreadsheet models and dashboards. Build once, iterate for years.
Simplifying benefits management in Zoho People — Let's consider a new hire on their first day of orientation. They receive a brief introduction to the benefits plans, and almost immediately, questions start to surface …
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
| Paula Doenecke / Bloomberg: |
| Derek B. Johnson / CyberScoop: |
| Muvija M / Reuters: |