Techmeme
July 7, 2026, 1:01 PM

Top News

Fanny Potkin / Reuters:
Sources: China met with Alibaba, ByteDance, Z.ai, and others to discuss potentially limiting foreign access to advanced AI models, penalties for AI theft, more  —  Chinese authorities have held meetings with top tech firms over the past month about potentially restricting overseas access …
Reuters:
Sources: DeepSeek is at an early stage of developing its own AI chip designed for inference, in a push that could reduce its reliance on Nvidia and Huawei chips  —  Chinese startup DeepSeek is developing its own AI chip, according to three people familiar with the matter …
Anthropic:
Anthropic researchers detail J-space, a small collection of neural patterns in Claude that reveals internal thoughts that don't appear in the model's output  —  As you read this sentence, circuits in your brain are adjusting your posture, controlling your breathing, and transforming lines …
David Gewirtz / ZDNET:
Anthropic expands Claude Cowork to web and mobile in beta for Max plan subscribers, and says 90%+ of Cowork usage is unrelated to software development  —  ZDNET's key takeaways  — Claude Cowork is becoming a cloud-based AI helper.  — Desktop still offers the fullest Cowork experience.
Bloomberg:
Sources: Amazon is looking to raise at least $25B from a US dollar bond sale to fund its AI infrastructure investments; the size could increase based on demand  —  Amazon.com Inc. is looking to raise at least $25 billion from a US dollar bond sale, marking its latest jumbo debt offering …
Diana Novak Jones / Reuters:
Court filing: Meta says four US states seek $1.4T over claims it designed Facebook and Instagram to addict youth and misled the public; its market cap is ~$1.5T  —  Meta Platforms (META.O) said in a court filing on Monday that four states were seeking $1.4 trillion in penalties over accusations …
Reuters:
Samsung estimates Q2 operating profit of ~$58.44B, up 19x from Q2 2025 and above ~$57.02B est., and revenue up 129% YoY to ~$111.7B; Samsung's stock drops 6%+  —  Samsung Electronics (005930.KS) on Tuesday forecast a 19-fold jump in second-quarter operating profit from a year earlier …
Lily Mae Lazarus / Fortune:
Super.com, which offers a savings app for lower-income consumers, raised a $65M Series D led by TPG at a $1.2B valuation and says it is profitable  —  In 2022, Hussein Fazal flew 200 of his employees to Las Vegas to cash a $200 check at a payday loan shop.  He then asked them to buy a week …
Brody Ford / Bloomberg:
Sources: Microsoft, looking to reduce AI costs, is starting to replace models from OpenAI and Anthropic with its MAI models in products like Excel and Outlook  —  Microsoft Corp., looking to reduce AI costs, is starting to replace OpenAI and Anthropic with its own models in software products like Excel and Outlook.
Abner Li / 9to5Google:
Google announces a Pixel event on August 12 in NYC, where it is expected to launch Pixel 11 series of phones and Pixel Watch 5  —  Made by Google 2026 is officially taking place on Wednesday, August 12.  This is a week earlier compared to last year, with Google once again opting for an earlier Pixel hardware unveil.
More: PC GuideX: @markgurman and @mkbhd
Guinevere Grant / Bloomberg:
Norm, which runs an AI law firm that provides AI-powered legal services to clients alongside human lawyers, raised $120M led by Khosla at a $1.2B valuation  —  Norm Ai has raised $120 million from investors in a new funding round to help automate legal services and rethink how the industry bills for its work.
Bloomberg:
Munich-based nuclear fusion startup Proxima Fusion raised €411M led by trading firm XTX and UK-based East X at a €2.4B valuation, with participation from Google  —  German startup Proxima Fusion has raised €411 million ($469 million) from a range of investors …

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