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Source: OpenAI still believes it is on track to unveil its first device in 2026 and release it in 2027; Apple's lawsuit may complicate hiring and supply chains (Mark Gurman/Bloomberg)

Anthropic hires Tom Blomfield, a Monzo co-founder and one of the biggest names in UK tech, to join its compute team; he is taking a leave of absence from YC (Robert Scammell/Business Insider)

Intel plans to invest €5B to expand chip manufacturing at its Leixlip facility in Ireland; in 2025, Intel canceled a planned €30B factory in Magdeburg, Germany (Financial Times)

Nearly 200 economists, including 15 Nobel laureates and Anthropic's Jack Clark, sign a letter titled We Must Act Now, warning of rapid AI-led job displacement (Ben Casselman/New York Times)

Samsung says it now aims to begin operations at its first chipmaking plant in South Korea's Yongin by 2029, bringing the timeline forward from 2030 or 2031 (Henry Siu/The Information)

Meta says it will spend an extra $40B on its nearly 4,000-acre data center campus in Louisiana, aiming for 5GW+ of compute, pushing its total spend beyond $250B (Riley Griffin/Bloomberg)

The EU blacklists Russian intelligence group members it says were responsible for spying on and hacking targets across the EU and Ukraine from as early as 2010 (Politico)

China says President Xi will deliver a keynote speech at the opening ceremony of the three-day World AI Conference in Shanghai on Friday, his first appearance (Bloomberg)

SK Hynix's stock falls 15%+ in Seoul, its largest-ever decline, after a strong Nasdaq debut, as investors book profits amid its US stock valuation uncertainty (Lee Ying Shan/CNBC)

Investigation: Western intelligence officials identify a Russian military intelligence unit in Tokyo that smuggles high-tech components for the war in Ukraine (New York Times)

European Commission President Ursula von der Leyen says after the summer the bloc is set to propose a "social media start date for minors" with "gradual access" (Barbara Moens/Financial Times)

Sources: Shein is targeting a $40B+ valuation after winning Beijing's approval for a Hong Kong IPO, set for as early as Q3; Shein canceled its US IPO in 2024 (Wall Street Journal)

A Denmark-based research team is using quantum computers to accelerate AI for predicting proteins, showing a near-term commercial application for quantum tech (Isabella Ward/Wired)

A look back at the 2007 heist of a Verizon data center in London, highlighting the role of physical data security as cyber defenses grow more sophisticated (Nathaniel Rich/New York Times)

Munich-based defense tech startup Helsing raised a $1.8B Series E from Dragoneer, Iconiq, and others at an $18B valuation; Germany made a €270M order this year (Mark Bergen/Bloomberg)

Docs: Uber lobbied for a "phased transition" to AVs, giving it an edge over self-driving developers; Uber says AV industry proposals overlook drivers' rights (Aarian Marshall/Wired)

Eating disorder therapists say patients are increasingly using AI chatbots for advice, while AI also appears to be directing more patients to helplines (Julie Jargon/Wall Street Journal)

A look at ADI Predictstreet's troubled launch, marked by tiny trading volumes, withdrawal bugs, and other issues, as it tried to challenge Kalshi and Polymarket (Wall Street Journal)

A Taiwanese minister says TSMC plans two more advanced chip packaging plants in the Chiayi Science Park, with all four set to generate $9.35B+ in annual output (Wen-Yee Lee/Reuters)

Open-weight AI models are facing an existential policy test in the US, with Anthropic leading a campaign against Chinese models over distillation concerns (Nathan Lambert/Interconnects AI)

How museums are using AI chatbots to reach new audiences, as some museum staff worry AI-generated inaccuracies and bias could undermine them as trusted sources (Naomi Rea/Financial Times)

A profile of Asha Sharma, an outsider elevated by Satya Nadella to lead Xbox, where she made sweeping job cuts and shed game studios within her first few months (Financial Times)

Memo: Tang Jie, founder of Z.ai, the Chinese lab behind the GLM models, argues frontier AI capabilities should stay "as open and widely accessible as possible" (Bloomberg)

Sources: Cursor is building a general-purpose AI agent codenamed Sand, aimed at non-developers, that handles emails, texts, and documents to rival Claude Cowork (Grace Kay/The Information)

OpenAI, Meta, and SpaceXAI may be able to put pressure on Anthropic by emphasizing cost efficiency, as business customers increasingly scrutinize AI spending (Bloomberg)

Anthropic says it is "extending Claude Fable 5 access on all paid plans, as well as keeping Claude Code's weekly rate limits 50% higher, through July 19" (The Economic Times)

Sources: Apple is already taping out M7 with major NPU upgrades, and plans M7 Ultra with 1.5TB RAM, and M8, for 2028; new Pencils are coming with a new iPad Pro (Mark Gurman/Bloomberg)

AI coding tool users are flooding open-source projects with low-quality contributions, overwhelming maintainers and potentially eroding community engagement (Sam Learner/Financial Times)

A look at the growing anti-AI movement in the Bay Area, as the disappearance of Sam Kirchner, co-founder of a hard-line activist group, has the movement on edge (Zusha Elinson/Wall Street Journal)

AirDNA: during the FIFA World Cup group stage, platforms such as Airbnb saw 52K+ new listings in US host cities, while hotel bookings fell short of expectations (Financial Times)

NYC-based Vendelux, a live B2B event information platform for CMOs and marketing and sales teams, raised a $50M Series B led by Tribeca Venture Partners (Lucia Moses/Business Insider)

EU Justice Commissioner Michael McGrath says the EC is set to propose new digital rules by year-end aimed at protecting consumers from online spending traps (Laura Dubois/Financial Times)

A look at Bending Spoons' hiring process: the company, which owns Vimeo, AOL, and Evernote, received 800,000 job applications last year and made only 286 hires (Ben Cohen/Wall Street Journal)

Current AI market dynamics point to frontier models becoming commodity infrastructure as the token crunch eases, with value shifting to products built on top (Benedict Evans)

Psychologist Peter Gray argues that school stress, not smartphone use, is the main driver of the teen mental health crisis, challenging Jonathan Haidt's thesis (Kaitlyn Tiffany/The Atlantic)

Apple's lawsuit could sidetrack OpenAI's hardware aspirations for years, or possibly forever, as the startup gets into yet another controversy and messy divorce (M.G. Siegler/Spyglass)

Apple's OpenAI lawsuit follows months of simmering tensions and highlights OpenAI's hardware chief Tang Tan's strained relationship with former boss John Ternus (Mark Gurman/Bloomberg)

Filing: Google urged the European Commission not to target DNS resolvers, VPNs, or IPs to fight piracy, calling the measures ineffective and easily circumvented (Ernesto Van der Sar/TorrentFreak)

US software development job postings on Indeed have grown by ~15% since the launch of Claude Code in February 2025, while overall job postings fell by 7% (Guillermo Gallacher/Indeed Hiring Lab)

How members of the extremist group Boko Haram are using AI chatbots to design explosives, fix or upgrade weapons, and brainstorm attack ideas (New York Times)

SK Hynix's historic US stock market listing is a bet that the AI boom is breaking the memory chip industry's decades-long boom-and-bust cycle (Bloomberg)

An analysis of 1M+ social media posts from April 24 to June 30: ~25% of longform posts with 250+ words were fully AI-generated; on LinkedIn, the figure was 41% (Max Spero/Pangram Labs)

Sources detail the Trump admin's heavy-handed intervention to aid Intel, including pushing it to expand local capacity and pressuring Apple to use Intel's fabs (Robbie Whelan/Wall Street Journal)

Sources: activist investor Elliott has built a large stake in car insurance software maker CCC, which is exploring a potential sale and has a ~$3.5B market cap (Bloomberg)

OpenAI's head of safety, Johannes Heidecke, is leaving as OpenAI integrates its research and safety teams; Mia Glaese will become VP of research and safety (Maxwell Zeff/Wired)

Thinking Machines says its mission is to build AI that people and organizations can shape and make their own, and that "extends human will and judgment" (Thinking Machines Lab)

SK Hynix CEO Kwak Noh-Jung says the memory industry is heading for its worst-ever supply shortage in 2027 and demand will outstrip supply beyond 2030 (Reuters)

Meta says it will discontinue a feature that allowed users to generate images in Meta AI using public Instagram accounts, following days of criticism (Corbin Bolies/Variety)

In response to Apple's trade secret theft lawsuit, OpenAI says "we have no interest in other companies' trade secrets" (Marcus Mendes/9to5Mac)

CISA says weak security controls around the use of public GitHub repos allowed a contractor to accidentally leak private cloud access keys and other credentials (Eric Geller/Cybersecurity Dive)