| Mark Gurman / Bloomberg: |
Sources: OpenAI's first device will be a moveable, screen-free smart speaker with a camera and sensors, meant to serve as a humanlike AI companion — OpenAI's much-anticipated push into consumer devices is slated to begin with a mobile, screen-free smart speaker designed to be a new type … | Milana Vinn / Reuters: |
Sources: Stripe and PE firm Advent International have jointly offered $60.50/share to acquire PayPal, a 28% premium to Tuesday's close, valuing it at $53B+ — Payments company Stripe and private equity firm Advent International have made a joint offer to acquire PayPal Holdings Inc (PYPL.O) … | Derek B. Johnson / CyberScoop: |
The Trump administration launches the “Gold Eagle” federal clearinghouse for sharing AI cyber threat information between the government and private sector — The White House said the clearinghouse has already started to receive intelligence on vulnerabilities and prioritize patches.| David Ingram / NBC News: |
OpenAI says Apple's claim that OpenAI never responded to its concerns is false; emails: an Apple lawyer mixed up two OpenAI staffers in Apple's initial outreach — A lawyer for Apple apologized for mixing up two OpenAI employees with the names Wang and Chang.| Mark Gurman / Bloomberg: |
OpenAI says it is “not aware of any evidence” that Apple's lawsuit alleging trade-secret theft has merit, adding that it believes in fair competition — OpenAI said on Tuesday that it's “not aware of any evidence” that an Apple Inc. lawsuit alleging trade-secret theft has merit.| Lulu Yilun Chen / Bloomberg: |
Sources: DeepSeek has started planning for an IPO in China and may file as soon as this year, allowing it to debut in 2027 — Chinese AI pioneer DeepSeek has begun preparations for an initial public offering and may file as soon as this year, setting the stage for what could be a landmark debut for the country's technology industry.| The Information: |
Sources: DeepSeek's annualized revenue recently reached $400M to $500M as it seeks to raise ~$7.4B at a ~$74B valuation, up from ~$50B after raising ~$7B in May — Strong revenue growth at DeepSeek is empowering the Chinese open-source AI star to raise its second-funding round of 50 billion yuan … | Muvija M / Reuters: |
The UK government proposes a default overnight social media curfew for 16- and 17-year-olds and disabling features like auto-play and infinite scroll by default — Britain will introduce a default overnight curfew on social media apps for 16- and 17-year-olds, the government said … | MacKenzie Sigalos / CNBC: |
PrismML launches Bonsai 27B, a model based on Qwen3.6 27B that it says runs natively on Apple devices via MLX; its CEO says Apple is evaluating the tech — Apple is in talks with a small Silicon Valley company that says it can shrink powerful artificial intelligence models enough to run directly … | Politico: |
The European Commission proposes exempting wearable tech from rules requiring removable batteries, clearing a hurdle for Meta's smart glasses, after US pressure — Commission exempts smart glasses like Meta's from batteries regulation, clearing a major hurdle to European expansion.| Amy Thomson / Bloomberg: |
IBM reports preliminary Q2 revenue up 1% YoY to $17.2B, below $17.9B est., as CEO Arvind Krishna says customers are shifting spending to chips; IBM falls 25% — International Business Machines Corp. shares slid by the most in at least 58 years after the company reported preliminary second-quarter sales … | Connor Jones / The Register: |
Researcher: SpaceXAI's Grok Build CLI uploaded user repos to a Google Cloud Storage bucket; uploads have now stopped and Musk says prior uploads will be deleted — Researcher confirms the uploads have stopped, but says xAI's privacy command was not what fixed them| Zac Hall / 9to5Mac: |
Anthropic announces a new Claude for Teachers initiative, as part of which it will provide K-12 teachers in the US free access to premium Claude features — Anthropic is providing free access to premium Claude AI features to K-12 teachers in the United States. The effort is part of a new Claude for Teachers initiative.| Sean Hollister / The Verge: |
Court filing: Google says it is ready to add third-party app stores in Google Play in the US on July 22, as Google and Epic withdraw their joint motion — Get ready for rival app stores inside of Google Play. … Epic Games and Google have just jointly withdrawn their attempt … | Wall Street Journal: |
Meta is sued by 26 current and former employees, who allege its use of AI in May layoffs unfairly targeted 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| Lucas Ropek / TechCrunch: |
Anthropic faces ridicule and criticism for an ad titled “There's hope in hard questions” that unsettled viewers with weird graveyard imagery and doomer-ist tone — Anthropic is known for its creative marketing, but the AI company may have been a little bit too creative when it conjured up its most recent advertisement.| Financial Times: |
Sources: Oracle leads the race to sell “air-gapped” cloud services to Japan that the US says are key to secure intelligence sharing between Tokyo and its allies — Larry Ellison's group proposes ‘air-gapped’ network as US pressures Tokyo to tighten security of sensitive data| Diana Novak Jones / Reuters: |
A US judge dismisses a proposed class action accusing Apple of failing to stop the dissemination of CSAM through iCloud, saying Section 230 shields the company — A U.S. judge has dismissed a proposed class action accusing Apple (AAPL.O) of failing to stop the dissemination … | Bloomberg: |
As China's rules for humanlike AI interaction take effect, many users are bemoaning the loss of the virtual companions they had created on Chinese AI platforms — For days, 19-year old student Yan Yongqi has been consumed by grief over the imminent loss of her virtual boyfriend of more than a year.| Wall Street Journal: |
The UAE gained broader US AI chip access after aiding the US in the Iran war, letting G42 buy freely for at least nine months; G42 plans to become a US company — Gulf state's main AI firm can freely buy the chips and has a plan to become a U.S. company — The United Arab Emirates … | Ryan Lawler / Axios: |
NYC-based Hadrius, which provides AI-native compliance tools for financial services, raised a $22M Series A led by CRV with participation from Y Combinator — Hadrius, which makes compliance software for financial firms, raised a $22 million Series A, CEO Thomas Stewart tells Axios exclusively.| 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.| Lauren Feiner / The Verge: |
New York Governor Kathy Hochul signs a moratorium blocking new environmental permits for data centers over 50MW for up to one year, the first state to do so — But a version approved by state lawmakers could go even further. … New hyperscale data centers can't set up shop in New York … | Marina Temkin / TechCrunch: |
Sources: OpenAI researcher Miles Wang is leaving the company to launch an AI drug discovery startup, 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, is leaving the ChatGPT maker … | Samantha Subin / CNBC: |
TerraFirma, a construction tech company founded by two former SpaceX engineers to build remote-controlled construction equipment, raised $115M — As SpaceX's Elon Musk sells investors on a space economy with life beyond Earth, a two-year-old construction startup founded … | Ivan Penn / New York Times: |
Monitoring Analytics: PJM's recent electricity auction is expected to add $6.3B to customers' bills in 13 states and DC through 2029 due to data center demands — A power auction conducted by a giant grid operator is expected to add $6.3 billion in additional charges to consumers and businesses … | Max A. Cherney / Reuters: |
Sources: CoreWeave is exploring the use of financial derivatives as a potential hedge against a future drop in memory and storage chip prices — AI cloud computing company CoreWeave (CRWV.O) is exploring the use of financial derivatives as a potential hedge against a future drop in memory … | Mike Wheatley / SiliconANGLE: |
InstaLILY, which develops AI agents to automate sales, operations, and service workflows, raised a $60M Series B led by Energize Capital — Enterprise automation startup InstaLILY Inc. said today it has closed on a hefty $60 million Series B round of funding that brings its total amount raised to date to almost $100 million.
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.
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| Demis Hassabis: |