| New York Times: |
Sources: executives in Meta's AI division discussed “de-investing” in Llama and also discussed using models from competitors like OpenAI and Anthropic — Unhappy with his company's artificial intelligence efforts, Meta's C.E.O. is on a spending spree as he reconsiders his strategy … | Financial Times: |
Sources: Meta is looking to raise $3B in equity and $26B in debt, from private capital firms, including Apollo Global and KKR, to fund its data center build out — Apollo, Brookfield and Pimco among the lenders in talks with Mark Zuckerberg's social media group| Alex Heath / The Verge: |
| Josh Gerstein / Politico: |
SCOTUS upholds a Texas law that requires porn websites to verify that their visitors are 18 or older, rejecting a First Amendment challenge to the law — The Supreme Court has upheld a Texas law that requires porn websites to verify that their visitors are 18 or older.| Ryan Daws / AI News: |
Anthropic tested Claude's ability to manage a physical “storefront” to mixed results, as the AI struggled with pricing strategy and inventory management — Anthropic tasked its Claude AI model with running a small business to test its real-world economic capabilities.| Miranda Bryant / The Guardian: |
Denmark plans to clamp down on AI-generated deepfakes by changing copyright law to give its citizens rights to their own body, facial features, and voice — Amendment to law will strengthen protection against digital imitations of people's identities, government says| Kevin Breuninger / CNBC: |
Trump says the US is “terminating all discussions on trade with Canada” in response to Canada's decision to impose a digital services tax on US tech firms — - President Donald Trump on Friday said the United States is immediately “terminating ALL discussions on Trade with Canada.”| Kylie Robison / Wired: |
Sources: OpenAI is not releasing an internal paper on AI stages as it may complicate OpenAI's ability to declare AGI and block Microsoft from its tech — The partnership between OpenAI and Microsoft in many ways hinges on the definition of artificial general intelligence … | Reed Albergotti / Semafor: |
Anthropic launches the Anthropic Economic Futures Program to bolster research on the impacts of AI and encourage new proposals on how to mitigate the downsides — THE SCOOP — Artificial intelligence startup Anthropic is launching an effort to address the economic consequences … | Cade Metz / New York Times: |
PitchBook: US VC investment in AI startups rose 33% QoQ to $65B in Q1, up 550% from the quarter prior to ChatGPT's 2022 release — Companies like OpenAI, Amazon and Meta have supersized their spending on artificial intelligence, with no signs of slowing down.| Ben Steverman / Bloomberg: |
Trump's tax bill expands Qualified Small Business Stock benefits for VCs, founders, startup staff, including increasing maximum tax-free gains from $10M to $15M — Silicon Valley's favorite tax break may be getting an upgrade. — Venture capitalists, along with successful tech founders … | Reuters: |
Sources: Trump is planning EOs on July 23 to help US AI growth, including easing grid access for new power projects and offering federal land for data centers — The Trump administration is readying a package of executive actions aimed at boosting energy supply to power the U.S. expansion … | Marina Temkin / TechCrunch: |
On the a16z podcast, Bryan Kim said a16z backed Cluely because speed in marketing and building beats crafting a perfect “artisan” product due to AI competition — When Cluely, a startup claiming to be building a product that helps people “cheat” on everything … | Luz Ding / Bloomberg: |
Alibaba unveils text-to-image and image-to-image generation model Qwen VLo, with progressive generation tech, which shows the image creation process — The Hangzhou-based company introduced Qwen VLo, part of a series of AI services under the company's Qwen brand.| Ross Douthat / New York Times: |
Q&A with Peter Thiel on economic and technological stagnation, US growth and dynamism, supporting President Trump in 2016, the future and risks of AI, and more — The original tech right power player on A.I., Mars and immortality. — 1.7k … Ross Douthat: Is Silicon Valley recklessly ambitious?| The Information: |
Sources: mass production of Microsoft's next AI chip is delayed to 2026 and is expected to underperform Nvidia's Blackwell chip, released in late 2024 — Microsoft has spent years designing its own artificial intelligence chips, in part to reduce its dependence on Nvidia. It isn't going so well.| Reuters: |
Germany's DPC says DeepSeek's app illegally transfers user data to China and asks Apple and Google to block it from their app stores in the country — Germany has taken steps towards blocking Chinese AI startup DeepSeek from the Apple (AAPL.O) and Google (GOOGL.O) app stores due to concerns … | The Information: |
Source: OpenAI recently began renting Google's TPUs to power ChatGPT, marking its first significant use of non-Nvidia chips; Meta also considered using TPUs — OpenAI, one of the world's biggest customers of Nvidia artificial intelligence chips, recently began renting Google's AI chips … | Laura Onita / Financial Times: |
UK retailers are building an arsenal of anti-theft tech powered by AI, computer vision, and facial recognition, as organized crime fuels a shoplifting epidemic — Companies are building up an arsenal of antitheft technology as organised crime fuels an epidemic of petty larceny In May and June …
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| Ashley Gold / Axios: |
| Lauren Feiner / The Verge: |
| Sam Apple / Wired: |
| Michael Pooler / Financial Times: |
| Michelle Ma / Bloomberg: |
| Ben Schoon / 9to5Google: |
| Hannah Lang / Reuters: |
| Aisha Malik / TechCrunch: |
| David Uzondu / Neowin: |
| Chance Miller / 9to5Mac: |
| Aisha Malik / TechCrunch: |
| Megan Morrone / Axios: |
| Callan Quinn / Decrypt: |