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Grok 4.5 is available in Grok Build, in Cursor, and from the SpaceXAI console, but not in the EU; it costs $2 per 1M input tokens and $6 per 1M output tokens (Axios)

SpaceXAI launches Grok 4.5, its first model built in partnership with Cursor, designed to "handle difficult, long-running" legal, finance, and coding tasks (Carmen Arroyo/Bloomberg)

OpenAI rolls out two versions of GPT-Live: GPT-Live-1, powering ChatGPT Voice for Go, Plus, and Pro users, and GPT-Live-1 mini, the default for free users (Sabrina Ortiz/The Deep View)

OpenAI launches GPT-Live, a new generation of voice models built on a full-duplex architecture, meaning they can listen and speak at the same time (OpenAI)

Prime Intellect, which helps companies build their own AI agents by offering computing power and specialized tools, raised a $130M Series A at a $1B valuation (Marina Temkin/TechCrunch)

Arkenstone Defense, which is building software to handle back-office work for defense tech startups, emerges from stealth with a $35M seed led by J2 Ventures (Barratt Dewey/Tectonic Defense)

China's Nexchip Semiconductor says it aims to raise around $890.37M in its Hong Kong share sale by offering 216.2M shares at ~$4.12/share, the top of its range (Rajasik Mukherjee/Reuters)

Israeli startup Alta, which develops an AI agent platform for marketing, sales, and business development teams, raised a $25M Series A led by IN Venture (Meir Orbach/CTech)

GM-backed Chinese autonomous driving company Momenta saw a muted trading debut in its Hong Kong IPO, up 2.8% to value the company at ~$9B, after raising $751M (Jiahui Huang/Wall Street Journal)

Sources: China plans to let some of its biggest AI companies buy a small number of Nvidia's H200 chips to offset a domestic computing shortage in recent months (Qianer Liu/The Information)

Mistral launches Robostral Navigate, a hardware-agnostic robotics navigation model trained via simulation that uses a single camera and basic language prompts (Benoit Berthelot/Bloomberg)

Crypto VC firm Paradigm raised $1.2B, its fourth fund, to invest in areas outside of crypto, like AI and robotics; Paradigm had $11.9B in AUM at the end of 2025 (Rebecca Torrence/Bloomberg)

Nvidia lost ~$1T in market value in less than two months, dropping 16% from its May all-time-high, trading at 18x forward earnings, its lowest level since 2019 (Bloomberg)

The OpenAI Deployment Company agrees to acquire Northslope, an applied AI company founded by ex-Palantir employees, its second acquisition after buying Tomoro (Madison Mills/Axios)

Kaon AI, which builds personalized story worlds using its AI-based FlowGPT and Emochi tools, raised $60M from B Capital and others, and says Emochi has 2M DAUs (Corbin Bolies/Variety)

Former GitHub CEO Thomas Dohmke's Entire launches a decentralized Git network to handle high coding agent traffic, with servers in the US, the EU, and Australia (Radhika Rajkumar/ZDNET)

SK Hynix's IPO prospectus analysis, as it seeks to raise ~$28B on the Nasdaq: highly leveraged to HBM, deep and broad China ties, and health and safety concerns (Tim Culpan/Culpium)

Internal documents: Amazon is working on an Alexa project, codenamed Moonraker, to handle more complex, multistep tasks, projecting $100M+ in GPU costs in 2026 (Eugene Kim/Business Insider)

DuckDuckGo updates its browser for iOS, Windows, and macOS to block most video ads by default, including those on YouTube, based on uBlockOrigin's filter lists (Anna Washenko/Engadget)

Sources: Jeff Bezos' Blue Origin is raising $10B at a $130B pre-money valuation, its first outside funding round, including $4B from Coatue and $2B from Bezos (New York Times)

Filing: Chinese AI model maker Z.ai is seeking to raise ~$4B from the sale of 19.8M shares at ~$202 to ~$216 each, after its Hong Kong stock soared 1,400%+ YTD (Bloomberg)

Israeli startup Velocity, which helps place targeted ads on consumer and B2B AI platforms, raised a $27M seed led by NFX and Red Dot, and serves 20 clients (Chris Metinko/Axios)

Omdia expects a 22% YoY drop in global smartphone shipments priced below $400 for 2026 amid soaring DRAM and NAND costs; Q1 memory costs were ~60% of materials (Zaker Li/Omdia)

Sources: MiniMax is working on a 2.7T-parameter model internally called M3 Pro, which it could release as early as Q3 as open source; M3 has 428B parameters (Juro Osawa/The Information)

Apple reaches a deal with Broadcom worth $30B+ to make 15B+ chips in the US over the next five years, Apple's largest as part of its $600B US investment pledge (Rolfe Winkler/Wall Street Journal)

South Korea's Kospi index is down 20%+ from its record high in June, falling 5%+ on Wednesday; Samsung and SK Hynix fall 5%+ amid long-term chip deal concerns (Financial Times)

France's competition watchdog orders Meta to negotiate in good faith with news organizations over copyright payments, after two groups filed complaints in 2025 (Benoit Berthelot/Bloomberg)

China's CNVD says it found "security backdoor vulnerabilities" in Claude Code that "send sensitive information" like "location and identity to remote servers" (Raffaele Huang/Wall Street Journal)

The EU General Court dismisses Apple's legal challenges against its designation as a DMA "gatekeeper" for its App Store and iOS; Apple filed the case in 2024 (Foo Yun Chee/Reuters)

Chip startup SambaNova raised a $1B Series F led by General Atlantic at an $11B valuation and signs JPMorgan as a customer to deploy its chips for in-house AI (Bloomberg)

US lawmakers are considering strategies to curb US companies' growing adoption of Chinese AI models, as a House committee investigation investigates the risks (Kai Nicol-Schwarz/CNBC)

A look at effective altruism's fall after SBF's arrest and how the soon-to-be rich from upcoming AI IPOs give the movement a chance to return larger than ever (Andrew Fedorov/New York Magazine)

Palantir insiders and investors fear the company's enthusiastic embrace of President Trump's policies could drive away corporate clients and engineering talent (Financial Times)

The global AI boom has thrust CPUs back into the spotlight as Nvidia, Qualcomm, MediaTek, and others challenge Intel and AMD in the AI data center CPU market (Nikkei Asia)

Oratomic, which is developing quantum computing hardware and software, raised a $300M Series A led by ARCH Venture Partners, Spark Capital, and Khosla Ventures (Matt Swayne/The Quantum Insider)

A look at Chinese lidar maker Hesai, blacklisted by the US DOD in 2024, as it expands in the US; Hesai says it has ~33% of the global automotive lidar market (CNBC)

Paris-based Skello, which provides AI-powered HR tools for frontline workforce management, raised €200M led by Bridgepoint to support its European expansion (David Cendon Garcia/EU-Startups)

Sources: Meta is testing AI glasses that continuously record audio and take photos every few seconds, letting users query or recall what they saw or heard (Hannah Murphy/Financial Times)

Nvidia and AI chip startup d-Matrix are combining their hardware in a new system to power AI models, the latest example of Nvidia partnering with rivals (Phoebe Liu/The Information)

OpenAI says it will launch GPT-5.6 Sol, along with Terra and Luna, publicly on Thursday; a source says the US Department of Commerce cleared a broad rollout (Axios)

Lisbon-based Bizay, a customized products marketplace for SMBs, raised a $55M Series D led by Indico, as it aims to accelerate its US expansion (Tamara Djurickovic/Tech.eu)

Sources: Apple begins testing CXMT's DRAM chips for devices sold in China; Apple's interest thrusts CXMT and its relationship with Beijing into the spotlight (Financial Times)

Sleep apnea device maker ResMed agrees to sell its software business MatrixCare to PE firm Frazier for $490M in cash; ResMed bought MatrixCare for $750M in 2018 (Puyaan Singh/Reuters)

Meta says it will update its glasses with a new feature that disables the camera if someone tampers with the glasses' privacy LED light (Victoria Song/The Verge)

Meta says Muse Image includes an invisible watermarking system called Content Seal and previews a web tool to check whether an image was generated with Meta AI (Karissa Bell/Engadget)

Sources detail Xbox's big reset after its Game Pass strategy failed; Xbox spent nearly $80B on content deals, but gamers prefer to stick with a handful of games (Cecilia D'Anastasio/Bloomberg)

Samsung announces a Galaxy Unpacked event on July 22 in London, where it is expected to debut new foldables, including a Fold 8 with a shorter and wider design (Chris Welch/Bloomberg)

As part of Meta's Muse Image rollout, Instagram users with public accounts need to opt out to block AI generations of their content by other users (Reece Rogers/Wired)

Anthropic plans to lease a 16-story building in Lower Manhattan and double its NYC workforce to 1,000 people this year, as AI companies expand in the city (New York Times)

OpenAI Chief Futurist Joshua Achiam is leaving the company later this month after nearly nine years (Maxwell Zeff/Wired)