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River

Financial Times:

A profile of Asha Sharma, an outsider elevated by Satya Nadella to lead Xbox, where she made sweeping job cuts and shed game studios within her first few months

Bloomberg:

Memo: Tang Jie, founder of Z.ai, the Chinese lab behind the GLM models, argues frontier AI capabilities should stay "as open and widely accessible as possible"

Grace Kay / The Information:

Cursor is building a general-purpose AI agent codenamed Sand, aimed at non-developers, that handles emails, texts, and documents to rival Claude Cowork

Bloomberg:

OpenAI, Meta, and SpaceXAI may be able to put pressure on Anthropic by emphasizing cost efficiency, as business customers increasingly scrutinize AI spending

Mark Gurman / Bloomberg:

Apple is already taping out M7 with major NPU upgrades, and plans M7 Ultra with 1.5TB RAM, and M8, for 2028; new Pencils are coming with a new iPad Pro

Sam Learner / Financial Times:

Users of AI coding tools are flooding open-source projects with low-quality contributions, overwhelming maintainers and potentially eroding community engagement

Zusha Elinson / Wall Street Journal:

A look at the growing anti-AI movement in the Bay Area, as the disappearance of Sam Kirchner, co-founder of a hard-line activist group, has the movement on edge

Financial Times:

AirDNA: during the FIFA World Cup group stage, platforms such as Airbnb saw 52K+ new listings in US host cities, while hotel bookings fell short of expectations

Lucia Moses / Business Insider:

NYC-based Vendelux, a live B2B event information platform for CMOs and marketing and sales teams, raised a $50M Series B led by Tribeca Venture Partners

Laura Dubois / Financial Times:

EU Justice Commissioner Michael McGrath says the EC is set to propose new digital rules by year-end aimed at protecting consumers from online spending traps

Ben Cohen / Wall Street Journal:

A look at Bending Spoons' hiring process: the company, which owns Vimeo, AOL, and Evernote, received 800,000 job applications last year and made only 286 hires

Kaitlyn Tiffany / The Atlantic:

Psychologist Peter Gray argues that school stress, not smartphone use, is the main driver of the teen mental health crisis, challenging Jonathan Haidt's thesis

M.G. Siegler / Spyglass:

Apple's lawsuit could sidetrack OpenAI's hardware aspirations for years, or possibly forever, as the startup gets into yet another controversy and messy divorce

Ernesto Van der Sar / TorrentFreak:

Filing: Google urged the European Commission not to target DNS resolvers, VPNs, or IPs to fight piracy, calling the measures ineffective and easily circumvented

Guillermo Gallacher / Indeed Hiring Lab:

US software development job postings on Indeed have grown by ~15% since the launch of Claude Code in February 2025, while overall job postings fell by 7%

New York Times:

How members of the extremist group Boko Haram are using AI chatbots to design explosives, fix or upgrade weapons, and brainstorm attack ideas

Bloomberg:

SK Hynix's historic US stock market listing is a bet that the AI boom is breaking the memory chip industry's decades-long boom-and-bust cycle

Max Spero / Pangram Labs:

An analysis of 1M+ social media posts from April 24 to June 30: ~25% of longform posts with 250+ words were fully AI-generated; on LinkedIn, the figure was 41%

Robbie Whelan / Wall Street Journal:

Sources detail the Trump admin's heavy-handed intervention to aid Intel, including pushing it to expand local capacity and pressuring Apple to use Intel's fabs

Bloomberg:

Activist investor Elliott has built a large stake in car insurance software maker CCC, which is exploring a potential sale and has a ~$3.5B market cap

Maxwell Zeff / Wired:

OpenAI's head of safety, Johannes Heidecke, is leaving as OpenAI integrates its research and safety teams; Mia Glaese will become VP of research and safety

Thinking Machines Lab:

Thinking Machines says its mission is to build AI that people and organizations can shape and make their own, and that "extends human will and judgment"

Corbin Bolies / Variety:

Meta says it will discontinue a feature that allowed users to generate images in Meta AI using public Instagram accounts, following days of criticism

Marcus Mendes / 9to5Mac:

In response to Apple's trade secret theft lawsuit, OpenAI says "we have no interest in other companies' trade secrets"

Eric Geller / Cybersecurity Dive:

CISA says weak security controls around the use of public GitHub repos allowed a contractor to accidentally leak private cloud access keys and other credentials

Lucas Ropek / TechCrunch:

Bluesky interim CEO Toni Schneider becomes the company's permanent CEO, four months after succeeding Jay Graber

Noam Scheiber / New York Times:

A US NLRB judge rules that Atlassian had illegally fired an employee in 2023 for pushing back against manager layoffs, and orders reinstatement and compensation

CNBC:

Greg Brockman will continue to oversee OpenAI's products as the company doesn't plan to hire anyone to replace Fidji Simo after she stepped down

Karen Freifeld / Reuters:

The Department of Commerce loosens export controls to the UAE, letting G42 and US companies like Apple, Meta, and xAI export AI chips to UAE without a license

Bloomberg:

China drops a numerical target for urban job creation in its five-year plan, the first such omission since the 1990s, amid volatility fueled by AI displacement

Sarah Perez / TechCrunch:

Filing: college social app Fizz accuses Maveron's Jerry Lu of giving confidential info to rival Sidechat after he met with Fizz as a potential investor in 2022

Bloomberg:

Phia, a shopping app co-founded by Phoebe Gates that has raised $43.5M, appears to be using fake clicks or "cookie stuffing" to claim affiliate commissions

Cristian Dina / The Next Web:

Munich-based QuantumDiamonds, which uses quantum sensors to detect chip defects, raised €91M, including €76M under the European Chips Act

M.G. Siegler / Spyglass:

Like the Claude app it imitates, the new ChatGPT "Super App", which merges Codex with ChatGPT, is a tangle of toggles and strange UI decisions

Katherine Sayre / Wall Street Journal:

An RIAA-led coalition representing labels and artists proposes two tags for AI content: one for entirely AI-generated songs and another for "AI-assisted" tracks

Cameron Faulkner / The Verge:

Xreal launches $299 A01 Plus AR glasses, weighing just 62 grams and featuring 1080p micro OLED panels with a 120Hz refresh rate and a 50-degree field of view

Muvija M / Reuters:

The UK designates Microsoft, Google, Amazon, and Oracle as critical third-party financial sector suppliers, bringing them under direct regulatory oversight

Saritha Rai / Bloomberg:

Malaysia Prime Minister Anwar Ibrahim plans to debut an agentic AI avatar of himself within days, which is meant to help the public navigate government services

Vildana Hajric / Bloomberg:

Circle says it received US regulator approval to start a national digital-currency trust bank, allowing it to offer institutional custody services

Matt Kapko / CyberScoop:

A US court sentences a former ransomware negotiator to 70 months in prison for colluding with BlackCat to extort $75.3M from five of his employer's clients

Adam Satariano / New York Times:

In preliminary findings, the EU Commission said Facebook's and Instagram's "addictive design" violates the DSA, telling Meta to make changes or risk hefty fines

Bloomberg:

Polymarket is seeking CFTC and NFA approval to offer margin trading in the US, which would let users bet on events with less capital upfront and attract traders

Wen-Yee Lee / Reuters:

Taiwan's leading DRAM maker Nanya Technology expects its capex to exceed ~$6.2B in 2027, up ~4x YoY, and reports unaudited Q2 revenue of ~$2.6B, up 684% YoY

Juro Osawa / The Information:

Memo: MiniMax CEO Junjie Yan tells employees he will forgo his salary until MiniMax achieves AGI and promises to allocate personal shares to employee incentives

Madhumita Murgia / Financial Times:

OpenAI and Google are selling their advanced AI models to Singapore-based subsidiaries of Alibaba, Baidu, and Tencent, exposing a gap in the US' AI controls

Gao Yuan / Bloomberg:

Interviews with employees and insiders reveal how CXMT is amassing tech, funding, and state support to challenge top memory chipmakers and build local suppliers

SemiAnalysis:

A look at Meta Superintelligence Labs' growth in the past year, including a top-tier RL environment and compute ramp that could catch up to Anthropic and OpenAI

Zijing Wu / Financial Times:

Manus' investors and management are discussing unwinding Meta's $2B buyout at the same valuation, with Tencent in talks to become the largest investor

Financial Times:

Carlyle agrees to sell US data center power and infrastructure platform Copia to EQT; sources: the deal values Copia at $2.6B, a more than 5x return for Carlyle

Mike Wheatley / SiliconANGLE:

Oxylabs, which develops web data scraping infrastructure, received a $130M investment at a $3.6B valuation from Warburg Pincus, its first outside investment

Boone Ashworth / Wired:

1X says its humanoid robot Neo's five-fingered hands have tendon-style actuators that give it 25 degrees of freedom of movement, nearly the same as a human hand

Rose Horowitch / The Atlantic:

How the internet, smartphones, social media, and now generative AI are accelerating a drop in the reading of longer works like books

Foo Yun Chee / Reuters:

SAP will make it easier for customers to switch to rival service providers or end contracts, averting a possible EU antitrust fine after a September 2025 probe

Bloomberg:

SK Hynix raises $26.5B in the largest ever US market debut by a foreign company, selling 177.9M ADRs for $149 each; the sale was more than 7x oversubscribed

Lily Mae Lazarus / Fortune:

Mercor acquires Deeptune, which builds reinforcement learning environments for AI agents, three months after CEO Brendan Foody backed Deeptune's $43M Series A

Wall Street Journal:

Netflix executives are increasingly worried about declining engagement and are exploring adding live TV and bundling streaming services like Peacock

Hannah Lang / Reuters:

Coinbase's chief legal officer, Paul Grewal, is stepping down after six years; VP of legal Molly Abraham moves into his role with the title of general counsel

Andrew Ackerman / Washington Post:

Federal Reserve Chair Kevin Warsh names Marc Andreessen and Xbox CEO Asha Sharma to lead a task force on the economic impact of new technologies, including AI

Sarah Perez / TechCrunch:

Google says it will automatically add a disclosure to ads that are made with its AI advertising tools, expanding the disclosure beyond election ads to all ads

Duncan Riley / SiliconANGLE:

PitchBook: US venture funding hit $412.7B in H1 2026, up 30% on all of 2025, with AI startup funding accounting for 86%, or $355.9B; Q2 saw seven $1B+ rounds

Maxwell Zeff / Wired:

Anthropic, set to add usage-based billing for Fable 5 on July 12, aims to return the model to Claude's subscription plans "when sufficient capacity allows"

Sam Clark / Politico:

The EU Parliament advances a bill letting tech companies scan for CSAM, reviving a proposal rejected in March, with an exemption for E2EE services like WhatsApp

Zac Hall / 9to5Mac:

OpenAI is discontinuing ChatGPT Atlas, its standalone desktop browser, in favor of the new ChatGPT desktop app

Beatrice Nolan / Fortune:

Microsoft President Brad Smith says the US now has AI "regulation without transparent or complete rules", and adds that "without rules, businesses can't plan"

John Reynolds / Tech.eu:

Kraken Technology, which designs and builds autonomous maritime platforms, such as uncrewed subsurface vessels, raised a $175M Series B at a $1B valuation

Jarred Sumner / bun.com:

Bun's creator says he rewrote Bun from Zig to Rust using a Claude Fable 5 prerelease version in 11 days, noting it would've taken three engineers "about a year"

Ivan Mehta / TechCrunch:

Character.AI launches three human-written, AI-generated microdramas, whose characters users can chat with, and aims to eventually let users make their own shows

Ina Fried / Axios:

Meta prices Muse Spark 1.1 at $1.25/1M input tokens and $4.25/1M output tokens; Alexandr Wang says improving coding and agentic performance was a key focus

Gené Teare / Crunchbase News:

European startups raised $24B in Q2, up 66% YoY and the strongest quarter in four years; UK startups raised $10.4B, above Germany's $3.2B, and France's $2.4B

Anthropic:

Anthropic debuts a "reflection" dashboard in beta for Free, Pro, and Max users with memory turned on, to track their Claude activity over 1, 3, 6, or 12 months

Lily Mae Lazarus / Fortune:

Databento, which sells financial data feeds, raised a $97M Series B led by NEA, taking its total funding to $127M, and says it is "profitable every month"

Maggie Eastland / Bloomberg:

Micron raises its US capex commitment to $250B through 2035, adding $50B for New York, Idaho, Virginia, and other projects, and invests $500M in GlobalWafers

Julie Bort / TechCrunch:

Ollama, which helps developers run open-weight AI models locally, raised a $65M Series B led by Theory Venture, following a $15M Series A led by Benchmark

Aaron Tilley / The Information:

PrismML shrunk Qwen 3.6 to 27B parameters and ran it on an iPhone 17 Pro, bigger than any prior mobile model; sources: Apple talked with PrismML about its tech

Reuters:

Memo: Meta plans to start manufacturing its in-house AI chip, codenamed Iris, from September, as part of its plan to boost its computing power to 14GW in 2027

Nikunj Ohri / Reuters:

India scraps import duties on some parts used to make devices like phones until March 31, 2029, removing 7.5% and 5% levies, which might help Apple and Xiaomi

Bloomberg:

Apple supplier Luxshare fell in its Hong Kong trading debut, closing down 1.6%, after raising ~$3.1B in the city's biggest listing in 2026 so far

Saritha Rai / Bloomberg:

Enterprise AI agent startup Lyzr is raising a $100M Series B at a ~$500M valuation, up from $250M in a Series A in 2026, and says agents wrote investment memos

Leo Schwartz / The Information:

Internal DOJ memo: attorneys on crypto cases should expect less cooperation from Binance, which is adding asset freeze requirements; Binance denies any changes

Paul Sandle / Reuters:

US cybersecurity and data resilience company Rubrik plans to invest $500M+ in the UK over the next five years and establish its European headquarters in London