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How a new Amazon-built transatlantic fiber-optic link in Ireland is symbolic of the country's AI ambitions, but also of its chronic lack of defense spending (Bloomberg)

Meta introduces a $20/month Meta One Premium tier for its glasses and limits its Conversation Focus feature to three hours of use per month for free users (Sean Hollister/The Verge)

The US sentences Guo Wengui, a self-exiled billionaire Chinese tycoon who defrauded his online followers out of hundreds of millions, to 30 years in prison (Associated Press)

ByteDance is building a $39B data center complex in a free-trade zone in Brazil's Ceará, set to be its largest facility outside of China with a 1GW capacity (Peter Millard/Bloomberg)

[Thread] The US' now-lifted export controls on Anthropic models created uncertainty, are an own goal, and will push service providers towards Chinese AI models (Alex Stamos/@alexstamos)

Anthropic says "some routine tasks like coding and debugging" on Fable 5 "will fall back to Opus 4.8" in "the near term" as it works to "reduce false positives" (@anthropicai)

A look at Manifest, an annual convention for prediction markets where many purists worry that Kalshi and Polymarket are undermining the technology's public good (Christopher Beam/Bloomberg)

BYD, Nio, and other Chinese carmakers are rushing to design and increase the use of locally developed chips with AI functions in a bid for chip self-sufficiency (Financial Times)

South Korean government data: the country's exports grew 70.9% YoY in June to $102.25B, an all-time monthly high, anchored by a record $44.82B in chip shipments (Steven Borowiec/Nikkei Asia)

LeapXpert, which lets companies and sports franchises monitor staff business chats via apps like WhatsApp for compliance, raised $180M led by Riverwood Capital (Lucinda Shen/Axios)

Chinese robot maker UBTech launches U1, a line of humanoid robots for personal companionship with lifelike silicone skin and emotional AI, priced from $17,650 (Minxiao Chang/South China Morning Post)

Leaked Apple supplier docs show iPhone 18 Pro and Pro Max may use Qualcomm modems in the US and Apple's own C2 chips elsewhere, A20 Pro packaging tech, and more (Marko Zivkovic/AppleInsider)

Japan commits up to $6.16B over five years to Noetra, a consortium led by SoftBank, Honda, NEC, and Sony, to develop a domestic AI foundation model by 2027 (Nikkei Asia)

Internet pioneer Vint Cerf, who has served as Google's VP and Chief Internet Evangelist since 2005, plans to step down from his role next week and retire (Tim Fernholz/TechCrunch)

Tim Cook and EU tech chief Henna Virkkunen held "constructive" talks; sources say they discussed how Apple can launch Siri AI in the EU while avoiding fines (Financial Times)

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)