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July 2, 2026, 1:20 PM
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Top News

Financial Times:
Sources: OpenAI has discussed giving a 5% stake to the US government, seeking to clear political obstacles by securing buy-in from the Trump administration  —  Sam Altman's start-up in early talks for a public ownership deal as political pressure rises.  OpenAI has discussed giving …
Nikkei Asia:
Sources: Apple has told suppliers to prepare to produce ~10M foldable iPhones in 2026, up from 7M to 8M previously, and 80M iPhones in total across new models  —  TAIPEI — Apple is planning an ambitious iPhone launch for the second half of this year and first half of 2027 with at least five …
Bloomberg:
The European Court of Justice rules that Google's earlier defeat against a €4.1B European Commission penalty over abusing Android's market power should stand  —  Google lost its long-running fight against a €4.1 billion ($4.7 billion) European Union antitrust fine after the bloc's top judges …
Todd Bishop / GeekWire:
Microsoft invests $2.5B and forms a new company that will embed 6,000 staff with customers to design, deploy, and improve AI systems based on business outcomes  —  Microsoft is launching a new AI “company.”  It won't be a separate legal entity, and most of its 6,000 people already work at Microsoft.
Samantha Elkins / NBC News:
Cloudflare sets a September 15 deadline for AI companies to differentiate their web crawlers into search, AI training, and AI agents or face being blocked  —  Cloudflare gave AI crawlers a September deadline to separate the bots that gather content for search from those that harvest …
Phoebe Liu / The Information:
Nvidia promises to financially backstop young cloud providers, like Firmus and Sharon AI, by renting back unused GPUs, in exchange for a share of their revenues  —  Nvidia is using its powerful balance sheet to help more companies buy its expensive AI chips, and possibly make some money back too.
New York Times:
Filings: Trump purchased up to $5M each in Broadcom, Meta, Amazon, Apple, Microsoft, and Nvidia stocks on July 23, the same day he unveiled his AI action plan
Michael Nuñez / VentureBeat:
Z.ai launches ZCode, an “Agentic Development Environment” purpose-built for its GLM-5.2 model; Z.ai's GLM Coding Plan tiers range from $16.20 to $144 per month  —  The move marks the company's most aggressive push yet into the fast-growing AI-powered coding tool market …
Bloomberg:
Sources: Apple is in negotiations to buy chips from CXMT and YMTC, two Chinese semiconductor makers on a Pentagon blacklist, for use in devices sold in China  —  Apple Inc. is in negotiations to purchase chips from two Chinese semiconductor makers on a Pentagon blacklist to help reduce …
Joe Warminsky / The Record:
The US DOJ says Peter Stokes, a 19-year-old dual US-Estonian citizen, was extradited from Finland to face charges of participating in Scattered Spider hacks  —  A 19-year-old man with dual U.S. and Estonian citizenship was extradited from Finland to Chicago this week to face criminal charges …
Mark Gurman / Bloomberg:
Sources: Apple is working on four new iPad Pros and an entry-level 14" MacBook Pro for H1 2027 with a new design in line with its upcoming touch-screen laptops  —  Apple Inc. is preparing an upgraded iPad Pro line and a redesigned entry-level MacBook Pro for next year, adding to a slate …
Bloomberg:
Amazon's emissions rose 16% YoY in 2025, driven by data center construction and delivery fuel, while Google's “ambition-based” emissions jumped 18% YoY in 2025  —  Amazon and Google report jumps in their greenhouse gas output as the data center boom gains momentum.
Zheping Huang / Bloomberg:
Kling AI, the Kuaishou AI video generator spin-off, raised $2B at a $15B pre-money valuation and says the round could extend to as much as $3B  —  China's Kling AI has raised an initial $2 billion in venture capital funding as the spinoff from Kuaishou Technology seeks to expand its video AI operations.
Andrew Hutchinson / Social Media Today:
X launches Live Studio, an updated livestreaming hub within Creator Studio with a simplified desktop setup, chat control options, thumbnail uploads, and more  —  Listen to the article  —  X announced an updated live-streaming command center within its Creator Studio platform …
Stephen Totilo / Game File:
Sony says all new PlayStation games will only be sold in digital formats from January 2028, as digital media preference “significantly outpaces physical discs”  —  New games sold for PlayStation consoles will only be available digitally and won't be sold on discs effective January 2028, Sony has announced.
Pew Research Center:
A survey of US adults finds 56% support banning social media for under-16s, while 21% oppose; majorities across demographic and partisan groups support a ban  —  Nearly six-in-ten U.S. adults support banning anyone under the age of 16 from using social media sites, according to a new Pew Research Center survey.
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Sam Altman / Financial Times:
Sam Altman proposes a “US-led international forum” to establish AI standards, provide analysis of capabilities and risks, and make AI models available to allies  —  The labs develop the technology, but citizens and their elected representatives must make the rules
Gené Teare / Crunchbase News:
Global VC funding hit a record $510B in H1 2026, with OpenAI and Anthropic accounting for $217B, or 43% of the total; in Q2, VCs put $205B into 5,000+ startups  —  Global venture funding reached a record $510 billion in the first half of 2026, surpassing the $440 billion invested in all of 2025 …
More: SiliconANGLE

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Newest

Wall Street Journal:
Emails disclosed in a court filing detail the uneasy back-and-forth between Dario Amodei and DOD's Emil Michael and how Anthropic's relationship with DOD souredFind
20 minutes ago
Bloomberg:
Sources: Palmer Luckey's Erebor Bank is in talks to raise money at an $8B+ valuation, up from $4.35B in 2025; its deposits are up from $1.1B in March to $4.05BFind
80 minutes ago
Zheping Huang / Bloomberg:
Kling AI, the Kuaishou AI video generator spin-off, raised $2B at a $15B pre-money valuation and says the round could extend to as much as $3BFind
1½ hours ago
Qianer Liu / The Information:
Sources: Anthropic has initiated early-stage development of a custom AI server chip and held preliminary discussions with Samsung about manufacturing the chipFind
3½ hours ago
Gené Teare / Crunchbase News:
Global VC funding hit a record $510B in H1 2026, with OpenAI and Anthropic accounting for $217B, or 43% of the total; in Q2, VCs put $205B into 5,000+ startupsFind
3½ hours ago
Todd Bishop / GeekWire:
Microsoft invests $2.5B and forms a new company that will embed 6,000 staff with customers to design, deploy, and improve AI systems based on business outcomesFind
4 hours ago
Sam Altman / Financial Times:
Sam Altman proposes a “US-led international forum” to establish AI standards, provide analysis of capabilities and risks, and make AI models available to alliesFind
5½ hours ago
Full Time-Sorted List

From Mediagazer

Jessica Toonkel / Wall Street Journal:
A look at Comcast co-CEO Brian Roberts' earlier bundling strategy for connectivity and content, and his plan now to unbundle in order to keep growing

Alex Weprin / The Hollywood Reporter:
Filing: Trump's earnings from Hollywood last year include $10.7M for Melania, tens of millions in legal settlements, Screen Actors Guild Pension, and more

Charlotte Tobitt / Press Gazette:
A photographer sues The Daily Mail in New York over “systematic” lifting of thousands of images from social media without permission from copyright holders

More News

Min-Jeong Lee / Bloomberg:
SoftBank and its telecom unit launch SB Neo to offer AI chips and cloud services to big companies, aiming to provide 10GW of capacity in the US by around 2030
New York Times:
President Trump says Micron will invest $250M in Trump Accounts; Micron says it will come via an employee matching program and a $250 deposit in some US states

Earlier Picks

Reuters:
Alibaba and its US payment processor AUS agree to pay $600M to resolve DOJ allegations that they failed to stop illegal sales of ~80K drugs and other products
Ty Roush / Forbes:
Alex Karp calls US reliance on AI labs for military tech “effing insane”, pans AI fees for businesses, and touts Palantir's Nvidia Nemotron deal for US agencies
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