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July 7, 2026, 7:35 AM
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| Fanny Potkin / Reuters: |
Sources: Beijing recently held meetings with Alibaba, ByteDance, Z.ai, and others to discuss restricting overseas access to advanced open and closed AI models — Chinese authorities have held meetings with top tech firms over the past month about potentially restricting overseas access … | Kai Nicol-Schwarz / CNBC: |
OpenRouter: Chinese AI models have drawn 30%+ of token use by US companies each week since February 8, peaking at 46%, up from 11% over the previous 12 months — Chinese-built AI models are gaining traction among U.S. companies as they narrow the performance gap with leading American rivals … | New York Times: |
Alibaba's Qwen models have made it an AI powerhouse, but the company has struggled to turn their global popularity into a profitable business — The Chinese company's models have won over developers worldwide, but they are open source — so they can be used and modified freely.| 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 5%+ — Samsung Electronics (005930.KS) on Tuesday forecast a 19-fold jump in second-quarter operating profit from a year earlier …
More: Samsung Newsroom, Bloomberg, GSMArena.com, New York Times, Spyglass, SammyGuru, SiliconANGLE, CNBC, SamMobile, Benzinga, Nikkei Asia, Financial Times, Wall Street Journal, Wccftech, and Korea JoongAng Daily
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Forums: r/DRAM_ETF and r/wallstreetbets
| Anthropic: |
Anthropic researchers detail J-space, a small set 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 and curves on the screen into recognizable words.
More: Business Standard, Anthropic, Axios, Anthropic on YouTube, The Rundown AI, The Neuron, Digit, The Indian Express, Gizmodo, Implicator.ai, VentureBeat, and RuntimeWire
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Bluesky: @amyhoy and @shibbi.me
Forums: Hacker News, r/LocalLLaMA, r/ClaudeAI, and r/singularity
| Bloomberg: |
Microsoft's Xbox plans to cut ~3,200 jobs over the next year, including 1,600 on Monday, and divest up to five studios, including Ninja Theory, in a “reset” — Compulsion and Double Fine studios will become independent; Undead Labs and Ninja Theory will be sold.
More: Kotaku, The Verge, Game File, XBOX Wire, IGN, Aftermath, IGN, Kotaku, Benzinga, GamesIndustry.biz, Reuters, Video Games Chronicle, Polygon.com, Silicon Republic, GamesRadar, TechRaptor, Gameranx, Digital Foundry, 80 Level, Forbes, The Information, PC Gamer, Rock, Paper, Shotgun, Push Square, @theweek, TechSpot, The Daily Upside, Yahoo Finance, Game Developer, Aftermath, Double Fine, Capital Brief, Blue's News, Cord Cutters News, Blaze Media, Windows Central, GeekWire, Rogue, Pure Xbox, Los Angeles Times, TBPN, Fortune, ScreenRant, MarketWatch, UPI, T3, Aftermath, New York Times, KFTC-TV, Washington Post, iPhone in Canada, The Verge, and Yahoo Tech
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| Ben Fritz / Wall Street Journal: |
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| Tom Warren / The Verge: |
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| Wall Street Journal: |
OpenAI, Anthropic, and other top AI labs are offering startups token credits and special promotions, as the AI labs seek lasting streams of enterprise revenue — Pitched battle for business users comes as AI companies seek lasting streams of revenue — Hans Ibarra, a founder building … | Reuters: |
Sources: DeepSeek is in the early stages of developing its own AI chip designed for inference, in a bid to reduce its reliance on Nvidia and Huawei hardware — Chinese startup DeepSeek is developing its own AI chip, according to three people familiar with the matter, a push that could reduce … | 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 …
More: The Hans India, Engadget, Fox Business, Blockonomi, COINOTAG, The Independent, Digit, and Simply Wall St. Bluesky: @glinden
| Andrew Chung / Reuters: |
SCOTUS declines to block a Texas law requiring app stores and developers to verify the age of mobile device users, and for minors to obtain parental consent — The U.S. Supreme Court declined on Monday to block a Texas law requiring app stores and developers to verify the age of mobile device users …
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| Benoit Berthelot / Bloomberg: |
Paris-based UMA, founded by ex-Tesla Optimus scientist Rémi Cadene and ex-Google DeepMind researcher Pierre Sermanet, demos its Northstar AI humanoid robot — A former Tesla Inc. scientist who worked on Elon Musk's Optimus robot unveiled plans to produce a lightweight humanoid robot … | Gao Yuan / Bloomberg: |
Survey: Chinese companies plan to allocate 46% of their AI accelerator budget to domestic products in the next 12 months, up from 30% today, a shift from Nvidia — Chinese companies are ditching Nvidia Corp.'s advanced accelerators in favor of domestic silicon, underscoring how tensions …
More: Trak.in, Tech in Asia, and DigiTimes
| 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 …
More: CNBC, Proxima Fusion, Financial Times, Pathfounders, FinSMEs, Neowin, Sifted, Axios, Benzinga, RuntimeWire, Ventureburn, and Anadolu Ajansı …. X: @soundboy
| Reuters: |
Counterpoint: China smartphone sales fell 13% YoY during the 618 shopping festival as brands raised prices to offset memory costs; Honor fell 33% and Xiaomi 24% — Smartphone sales in China fell 13% year-on-year during the month-long 618 shopping festival, as brands raised prices …
More: Benzinga
| Mauro Orru / Wall Street Journal: |
UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center buildout across Europe, the US, and the Asia Pacific — Nscale raised $2 billion earlier this year as investors continue to see promise in AI — Nscale Global Holdings said it had secured …
More: PR Newswire, Tech Funding News, Capacity, Telecompaper, and UKTN
| Tim Fernholz / TechCrunch: |
US autonomous military vehicle startup Forterra says it deployed 100+ Lancer UGVs, based on Polaris ATVs, in Ukraine since 2025, completing 1,100+ missions — Forterra, a US builder of autonomous vehicles, revealed today that more than 100 of its self-driving ATVs have been deployed … | Financial Times: |
European banking watchdogs ECB and ESRB warn that frontier AI models pose “systemic risks to the financial system”, giving lenders four months to prepare — IT weaknesses could be exploited by frontier models in a ‘matter of minutes or hours’, say ECB and ESRB| Kelsey Vlamis / Business Insider: |
xAI rebrands to SpaceXAI and unveils a new logo; Elon Musk said in May that xAI would be dissolved as a separate company and become the AI products from SpaceX — - xAI has officially been rebranded to SpaceXAI. — The change follows SpaceX's historic IPO and acquisition of xAI earlier this year.
More: Mashable, Engadget, Gizmodo, TESLARATI, and RuntimeWire
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