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Anthropic says Fable 5 will be available via usage credits for Claude users from July 7, and is working with partners to draft an AI jailbreak severity standard (Anthropic)

Getty Images announces plans to end its Shutterstock merger after the UK CMA conditioned approval of the deal on Shutterstock selling its editorial business (Elias Schisgall/Wall Street Journal)

FOIA docs: White House officials used auto-deleting Signal chats even after Trump advised against its use in April 2025, raising federal recordkeeping concerns (The Atlantic)

SpaceX cuts monthly Starlink prices in half in the Memphis area, as it endures blowback and legal challenges from opponents of its Colossus data centers (Carmen Arroyo/Bloomberg)

Lime raised $174M in its US IPO, selling 6.68M shares at $25 each, at the midpoint of the marketed range, giving Lime a market value of $1.6B (Bloomberg)

Vimeo owner Bending Spoons raised $1.68B by selling 58M shares at $29 each, valuing it at ~$18.4B, in one of the largest US IPOs by a European company in 2026 (Subrat Patnaik/Bloomberg)

Pie, a startup that uses AI to optimize marketing for brick-and-mortar small businesses, emerges from stealth with a $19.5M Series A led by Lightspeed (Lisa Bonos/Inc)

Anthropic says the Department of Commerce has lifted export controls on Claude Fable 5 and Mythos 5 and that it will begin restoring access Wednesday (@anthropicai)

Sources: Microsoft plans to announce job cuts next week affecting less than 2.5% of its 220,000-person workforce, including roles in sales, consulting, and Xbox (Ashley Stewart/Business Insider)

Trump lifts limits on Anthropic's Fable and Mythos models (Politico)

Sources: Kalshi agreed to pay $20M to sponsor the World Cup knockouts, after initially balking at FIFA's $150M asking price, alongside ADI Predictstreet (Bloomberg)

Almost 1,700 UK investors sue Binance and Changpeng Zhao for at least £150M, alleging Binance sold them risky derivative products without regulatory approval (Kirstin Ridley/Reuters)

Filing: President Trump reports $1.4B+ in income from his family's crypto ventures in 2025, including $500M+ from WLF and $635M from the sale of his $TRUMP coin (Reuters)

Sources: TikTok settles a lawsuit before a second California trial over social media harm to minors for an undisclosed sum; Meta and Snap remain defendants (Bloomberg)

Sources: Mark Zuckerberg met with Kalshi CEO Tarek Mansour about a possible takeover last year, before directing Meta employees to build a prediction market app (Bobby Allyn/NPR)

Omen AI, which provides real-time coolant health monitoring for data centers, raised a $31M Series A led by Nava Ventures, bringing its total funding to $41.5M (Tim Fernholz/TechCrunch)

Google shuts down the Tenor API, affecting GIF pickers on platforms like Discord, WhatsApp, and Bluesky; Nikita Bier says X has migrated elsewhere (Ben Schoon/9to5Google)

Claude Sonnet 5 costs $2 per 1M input tokens and $10 per 1M output tokens through August 31, after which prices rise to $3 and $15, respectively (Zac Hall/9to5Mac)

Anthropic launches Claude Sonnet 5, saying it nears Opus 4.8 performance at lower prices and is substantially better than Sonnet 4.6 for agentic work (Anthropic)

A study of 22K US companies shows those spending most heavily on AI are adding workers faster than peers, but most gains are among tech companies and startups (Financial Times)

Source: OpenAI engineers earlier this month told some colleagues they had figured out a way to more than halve the cost of inference (Stephanie Palazzolo/The Information)

Anthropic launches Claude Science, an AI workbench that uses existing Claude models like Opus 4.8 to integrate 60+ scientific databases and specialized toolkits (Rebecca Bellan/TechCrunch)

Ottawa-based Dominion Dynamics, which is building software, sensors, and drones to autonomously monitor the Arctic, raised a CA$139M Series A led by Georgian (Josh Scott/BetaKit)

Visa, Mastercard, Stripe, BlackRock, Coinbase, and 140+ companies join Open Standard to launch Open USD, a stablecoin that shares earnings from its reserves (Kyle Baird/The Block)

Schneider Electric agrees to buy industrial AI company Cognite in a $3.1B all-cash deal, and plans to combine Cognite with its industrial software company Aveva (Frank Connelly/Bloomberg)

SCOTUS agrees to hear Apple's appeal of a 2025 contempt ruling in its Epic case after a district judge found Apple violated an order to make App Store changes (Mike Scarcella/Reuters)

Google launches Nano Banana 2 Lite, a low cost text-to-image model that delivers outputs in four seconds, and rolls out Gemini Omni Flash to developers (The Keyword)

Filings: Microsoft's Ireland hub generated $47B in pretax profits for FY 2025, or 38.1% of its global total; new EU rules require country-by-country reporting (Wall Street Journal)

MDOTM, which makes AI software for asset and wealth managers, raised $27M led by Expedition Growth Capital, bringing its total funding to $36.5M (Ryan Lawler/Axios)

Cybersecurity company Aikido Security acquires Root, which has raised about $37.6M and develops an AI platform for securing open-source components (Duncan Riley/SiliconANGLE)

AWS launches an internal organization for AI-focused forward-deployed engineers, backed by $1B in resources, following OpenAI and others in launching FDE teams (Russell Brandom/TechCrunch)

AI inference startup Etched raised $800M from investors including Jane Street and a TSMC-linked venture firm, and says it has signed sales contracts worth $1B (Dina Bass/Bloomberg)

Cyber unicorn Aikido acquires Israeli startup Root for $70-$100 million (Meir Orbach/CTech)

The DOD seeks to recruit engineers experienced in frontier AI, machine learning and automation, and data systems, to embed them "down to the unit level" (John Harney/Bloomberg)

An Indonesian court sentences Gojek co-founder and ex-education minister Nadiem Makarim to 10 years in prison for power abuses over a Chromebook contract (New York Times)

Q&A with Grindr CEO George Arison on turning Grindr into an "AI-native company", "impos[ing]" AI on staff, facing "opposition", using AI as a CEO, and more (Jordyn Holman/New York Times)

How Spain's LaLiga uses nationwide IP blocking to combat illegal sports streams, impacting an estimated 550K+ domains, putting it in conflict with Cloudflare (Bloomberg)

As OpenAI and Anthropic prepare to go public, San Francisco tech workers making six figures say they cannot compete with the new AI elite and may have to leave (Emmy Martin/New York Times)

Meituan open-sources LongCat-2.0, a 1.6T-parameter model that it says was trained on a 50K-chip cluster of domestic Chinese processors, without giving details (Reuters)

AI and vibe coding fuel a surge in game releases; ATTN Economy says 181K mobile games launched in six months to May, up 118% on iOS and 73% on Android YoY (Orlando Crowcroft/Financial Times)

The UK CMA proposes requiring Apple and Google to relax UK developer payment "steering" rules, and Apple to open NFC; Google says it "already made the changes" (Sam Tabahriti/Reuters)

Hotels, tour operators, and travel agencies rush to launch proprietary online tools and loyalty schemes to fend off future competition from AI travel agents (Stephanie Stacey/Financial Times)

AI may help transform air traffic control by processing vast amounts of data, spotting collision risks early, and easing staff shortages as air travel grows (Peter Campbell/Financial Times)

Dubai- and London-based 1001, which uses AI to improve aviation, port, and energy infrastructure efficiency in the Gulf, raised $30M led by Lux Capital (Matthew Martin/Semafor)

US political campaign managers and consultants are using AI to analyze voter data, create campaign materials, and more; survey: 87% of campaigners use AI daily (Stuart A. Thompson/New York Times)

Five Chinese tech and advanced manufacturing companies launch Hong Kong listings, seeking to raise up to $5.6B, led by Apple supplier Luxshare's $3.15B offering (Reuters)

Sources: Chinese smartphone makers like Xiaomi, Oppo, and Vivo told suppliers they will again cut 2026 shipment targets, with Xiaomi cutting 30% to ~95M units (Nikkei Asia)

Source: the Trump administration has talked with SpaceX about donating shares to Trump Accounts, which provide children with tax-advantaged savings accounts (Semafor)

Nebex, a fintech startup aiming to act as a broker platform connecting US space tech suppliers, foreign governments, and investors, raised a $30M seed led by GV (Bloomberg)

Australia's ACCC sues Amazon for allegedly introducing ads to Prime Video under unfair contract terms and forcing existing subscribers to pay more to avoid them (Peter Vercoe/Bloomberg)