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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 (Bloomberg)

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 (Wen-Yee Lee/Reuters)

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 (Juro Osawa/The Information)

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 (Madhumita Murgia/Financial Times)

Interviews with employees and insiders reveal how CXMT is amassing tech, funding, and state support to challenge top memory chipmakers and build local suppliers (Gao Yuan/Bloomberg)

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 (SemiAnalysis)

Sources: Manus' investors and management are discussing unwinding Meta's $2B buyout at the same valuation, with Tencent in talks to become the largest investor (Zijing Wu/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 (Financial Times)

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

MiniMax is looking to raise as much as $2B by selling 35.6M shares at ~$34 each and offering ~$830M in zero-coupon convertible bonds due in 2027 (Bloomberg)

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 (Boone Ashworth/Wired)

How the internet, smartphones, social media, and now generative AI are accelerating a drop in the reading of longer works like books (Rose Horowitch/The Atlantic)

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 (Foo Yun Chee/Reuters)

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 (Bloomberg)

Fidji Simo says she has decided to leave her full-time role at OpenAI and transition to being a part-time adviser after her medical condition worsened (Wall Street Journal)

Mercor acquires Deeptune, which builds reinforcement learning environments for AI agents, three months after CEO Brendan Foody backed Deeptune's $43M Series A (Lily Mae Lazarus/Fortune)

Sources: Netflix executives are increasingly worried about declining engagement and are exploring adding live TV and bundling streaming services like Peacock (Wall Street Journal)

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 (Hannah Lang/Reuters)

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 (Andrew Ackerman/Washington Post)

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 (Sarah Perez/TechCrunch)

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 (Duncan Riley/SiliconANGLE)

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" (Maxwell Zeff/Wired)

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 (Sam Clark/Politico)

OpenAI is discontinuing ChatGPT Atlas, its standalone desktop browser, in favor of the new ChatGPT desktop app (Zac Hall/9to5Mac)

Sources: AI contractor marketplace Mercor is discussing raising new funds at a roughly $20B valuation, less than a year after raising money at a $10B valuation (Bloomberg)

OpenAI merges Codex and ChatGPT desktop apps for Mac and Windows under a new ChatGPT desktop app, allowing users to switch between Codex, Chat, and Work (Zac Hall/9to5Mac)

GPT-5.6 Sol costs $5 per 1M input tokens and $30 per 1M output tokens, GPT-5.6 Terra costs $2.50 and $15, and GPT-5.6 Luna costs $1 and $6 (OpenAI)

OpenAI broadly releases GPT-5.6, and launches ChatGPT Work, an AI agent that can gather context across apps and files to create documents, on macOS and Windows (Axios)

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" (Beatrice Nolan/Fortune)

Kraken Technology, which designs and builds autonomous maritime platforms, such as uncrewed subsurface vessels, raised a $175M Series B at a $1B valuation (John Reynolds/Tech.eu)

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" (Jarred Sumner/bun.com)

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 (Ivan Mehta/TechCrunch)

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 (Ina Fried/Axios)

Meta launches a Meta Model API, which Mark Zuckerberg says will have "aggressive and attractive" pricing at ~25% of the cost of OpenAI's and Anthropic's models (Kurt Wagner/Bloomberg)

Meta releases Muse Spark 1.1, capable of more advanced coding and a "step-change" from the first generation, available to US developers via a public API preview (Dominic Preston/The Verge)

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 (Gené Teare/Crunchbase News)

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 (Anthropic)

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" (Lily Mae Lazarus/Fortune)

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 (Maggie Eastland/Bloomberg)

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 (Julie Bort/TechCrunch)

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 (Aaron Tilley/The Information)

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 (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 (Nikunj Ohri/Reuters)

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 (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 (Saritha Rai/Bloomberg)

Internal DOJ memo: attorneys on crypto cases should expect less cooperation from Binance, which is adding asset freeze requirements; Binance denies any changes (Leo Schwartz/The Information)

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 (Paul Sandle/Reuters)

Interpol and law enforcement agencies arrest 5,811 suspects and seize $293M in an operation combating social engineering scams and fraud across 97 countries (Sergiu Gatlan/BleepingComputer)

Leaked renders via Android Headlines show the Samsung Galaxy Z Flip 8, Z Fold 8, Watch 9, and Watch Ultra 2; the Galaxy Z Fold 8 is likely the new wide foldable (Lawrence Bonk/Engadget)

Sources: Sonos' layoffs include some top design and product executives, like VP of Design Dana Krieger; CEO Tom Conrad says the changes reduce management layers (Chris Welch/Bloomberg)