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A joint preliminary evaluation by the UK's AISI and the US' CAISI finds Kimi K3 trails leading US frontier closed weight models on cyber capability (AI Security Institute)

The US, China, and other APEC economies release a statement supporting open models, while emphasizing respect for security, data protection, and IP rights (Evelyn Cheng/CNBC)

Sources: OpenAI's models breached Hugging Face from July 11 to 13 and OpenAI realized their models were behind the hack several days later (Reuters)

Sources: Prentis, which develops computer use models and is co-founded by Reid Hoffman and Marc Pincus, is in talks to raise $100M at a $1B valuation (Marina Temkin/TechCrunch)

An appeals court narrowly blocks Texas from enforcing a monitoring and filtering requirement under its children's online safety law, over Section 230 preemption (Jonathan Stempel/Reuters)

Google says it appreciates the engagement by the Trump administration and US government on the EU's $1B fine; Trump called the fine "illegal" (Rocio Fabbro/Bloomberg Law)

An OpenAI staffer says the Hugging Face breach is "a big warning shot" externally but internally "related incidents have been happening for a while" (Harry Booth/Time)

Cognition acquires the makers of Poke, an AI assistant that users can access via messaging services, in a deal valuing Poke's parent in the "low nine figures" (Sarah Perez/TechCrunch)

Sources: Waymo is exploring exiting its Uber partnership, with their relationship souring amid an intense lobbying battle over the future of robotaxis (Rafe Rosner-Uddin/Financial Times)

Paper, which allows designers to connect directly with production code and the AI agents that create it, raised a $34M Series A led by Accel and ICONIQ (Chris Metinko/Axios)

The DOJ is prosecuting a Cop City protester for allegedly providing CBP with a "duress" passcode that wiped the contents of his GrapheneOS phone (Timothy Pratt/The Guardian)

Trump says the US will initiate a probe into the EU's practice of "robbing" US tech giants with fines, threatening the bloc with "substantial" tariffs (Kevin Breuninger/CNBC)

Letter: Qualcomm tells customers it plans to raise prices by double digit percentage points, after exhausting its ability to absorb higher costs from suppliers (Ian King/Bloomberg)

Anthropic expects Opus 5 "classifiers to intervene around 85% less often than they do for Fable 5"; Opus 5 is not included in its 30-day data retention policy (Igor Bonifacic/Engadget)

Anthropic says Opus 5 is the company's "most aligned model to date"; it is Anthropic's fourth model release in less than two months (Madison Mills/Axios)

Meta updates Meta AI with Muse Spark 1.1-powered agentic capabilities, connecting to Gmail and Google Calendar to perform tasks like creating daily updates (Ina Fried/Axios)

Opus 5 improves coding, reasoning efficiency, and prompt-cache-friendly tool use, and is priced at $5/1M input tokens and $25/1M output, same as Opus 4.8 (David Gewirtz/ZDNET)

Anthropic launches Claude Opus 5, which it says comes close to Fable 5 performance at half the price; it is the new default model on Claude Max (Anthropic)

World Foundation, the nonprofit behind the World protocol, raised $52.5M led by Pantera through a strategic sale of its WLD token with a one-year lockup (Yogita Khatri/The Block)

Facebook plans to test a full-screen "immersive video" player when users open the app, replacing the newsfeed, in select international markets this year (Alex Weprin/The Hollywood Reporter)

Midjourney bought astrology app Co-Star, which uses AI to offer personalized advice, in the spring and is building its first standalone image-generation app (Natalie Lung/Bloomberg)

In their letter defending open-weight AI, tech companies urge lawmakers to avoid "premature restrictions" that "stifle competition or drive innovation overseas" (Ashley Capoot/CNBC)

Sources: Anduril is in talks with investors for a new funding round that could see it valued at around $100B; the company raised $5B at a $61B valuation in May (Reuters)

Meta, Nvidia, Microsoft, a16z, and others sign a letter defending open-source AI; Jensen Huang, in his first X post, says open models strengthen cybersecurity (Leo Schwartz/The Information)

Delhi High Court rules OpenAI's use of ANI content to train ChatGPT wasn't copyright infringement as the news agency didn't show ChatGPT reproduced its reports (Munsif Vengattil/Reuters)

Meta launches Facebook Verified, a free program it says will verify that users are real humans by analyzing a facial recognition selfie and assigning badges (Mat Smith/Engadget)

India orders GitHub to remove Bitchat, the offline messaging app built by Jack Dorsey that is used by anti-government protestors amid internet blackouts (Shaurya Malwa/CoinDesk)

Meta launches Seller, a free standalone app version of Facebook Marketplace; Seller includes AI features that scan photos to fill out listings automatically (Eli Tan/New York Times)

Poolin, previously regarded as one of the world's largest crypto mining pool providers, files for Chapter 11 and seeks to sell its Texas mining assets for $52M (Brian Danga/The Block)

Sources: Shanghai-based GPU maker MetaX confidentially filed for a Hong Kong listing, targeting an IPO by the year-end, amid a surge of fundraising from rivals (Zoe SL Chan/South China Morning Post)

Preliminary findings: the EU Commission says TikTok's accounts for minors violate the DSA, citing features that could expose children to bullying and predators (Foo Yun Chee/Reuters)

The US OCC denies Wise's application to create a national trust bank, citing incompatibility with new Federal Reserve policies; Wise says it plans to reapply (Simone Lobo/Reuters)

Sources: OpenAI told Hugging Face only this week its models caused the July 11 hack; the models appear to have been active online for days before being stopped (Wall Street Journal)

A look at China's push to catch up with US AI chips; sources: its Vice Premier warned AI companies that anyone who resisted using local chips was a traitor (Wall Street Journal)

Flush with AI cash, South Korean groups are making their biggest US investment push in years, with their Q1 US foreign direct investment up 100%+ YoY to $10.2B (Financial Times)

Mobileye founder and CEO Amnon Shashua plans to step down after nearly three decades, as the company pushes into robotaxis and humanoid robots (Kirsten Korosec/TechCrunch)

Singapore-based Ropedia, which captures real-world human experience via video and converts it into model-ready multimodal datasets, raised a $22M pre-Series A (Kyt Dotson/SiliconANGLE)

Sources: SpaceX started turning away satellite operators seeking dedicated Falcon 9 rides beyond 2028, and stopped building some non-reusable Falcon components (Bloomberg)

Amazon tells third-party sellers to label product ads with AI-generated people to comply with a NY law requiring the disclosure of "synthetic performers" in ads (Annie Palmer/CNBC)

Google says it has $811B in contracted future spending commitments as of June, up nearly $500B from March, covering chips, data centers, electricity, and more (Davey Alba/Bloomberg)

Ukraine ratchets up its attacks on warehouses of Wildberries, Russia's biggest online retailer and which employs 48,000, hitting five facilities over five days (Sam Meredith/CNBC)

Amazon closed its San Francisco-based AGI Lab as part of layoffs in its AGI unit earlier this week; the lab's former head David Luan left in February (The Information)

Sources: AI robotics startup Genesis AI is in talks to raise around $500M in a new funding round at a $3B pre-money valuation (Bloomberg)

AMD is working with Cerebras to connect AMD's server racks to Cerebras wafers, running their chips simultaneously to make workloads faster; CBRS closed up 4.86% (Phoebe Liu/The Information)

Nvidia signs a $1.5B accord with Amkor, involving a prepayment by Nvidia to help bolster Amkor's chip packaging facility in Arizona; AMKR jumps 16%+ after hours (Bloomberg)

Sierra acquires Takeoff, which develops "long-horizon" agents, for an undisclosed sum; founded in 2025, Takeoff neared $10M in annualized revenue in early July (The Information)

Sources: Stripe is in talks to acquire OpenRouter, which helps developers use AI models and could fetch ~$10B; PitchBook: OpenRouter was valued at $1.3B in May (Wall Street Journal)

SAP reports Q2 cloud revenue up 22% YoY to €6.28B, vs. €6.26B est., total revenue up 9.4% to €9.88B, and lowers its 2026 non-IFRS operating profit guidance (Grace Yoon/Wall Street Journal)

The Pentagon signs an up-to-10-year agreement with Oracle worth up to $7B to consolidate the department's on-premises software licenses into a single contract (Mike Stone/Reuters)

Oracle signs 10-year software contract with Pentagon worth up to $7 billion (Jordan Novet/CNBC)