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The AI research lab Prentis, founded by Reid Hoffman and Mark Pincus, is seeking a $100 million round to accelerate its AI development and commercialization efforts.
Endpoint‑security startup Glow emerged from stealth on July 22, 2026 with a $180 million Series A, positioning itself as the next generation of AI‑driven security for enterprise devices.
Apple is partnering with payment processor Klarna to launch the Apple Upgrade lease‑to‑own program, set to launch July 28, offering multi‑year payment plans for its devices.
A judge temporarily halted the $110 billion acquisition of Warner Bros. Discovery by Paramount Skydance after a coalition of state attorneys general filed an antitrust lawsuit.
Netflix announced it paid $587 million in cash for InterPositive, a startup co‑founded by Ben Affleck that uses AI to improve post‑production workflows.
The European Central Bank has selected 36 firms, including Revolut, to test a beta version of the digital euro in a 12‑month pilot.
Instalily AI secured $60 million Series B to support its AI‑forward‑deployed engineer product, targeting enterprise systems and data‑model maintenance.
The U.S. Office of the Comptroller of the Currency approved a federal trust bank charter for Circle, boosting confidence in its stablecoin USDC and strengthening regulatory oversight.
CleanTechnica reports Tesla’s net profit per vehicle fell 40% from 2025 to 2026, raising concerns about the company’s profitability trajectory.
Apple filed a federal lawsuit against OpenAI, accusing the AI lab of stealing trade secrets to develop its own consumer hardware.
Stripe’s new API uses machine learning to predict churn and optimize pricing, providing businesses with smarter subscription billing tools.
Apple has filed a lawsuit in California, claiming that OpenAI stole trade secrets related to hardware design from former Apple employees, a lawsuit that could reshape the competitive landscape for AI hardware development.
Tesla announced a nationwide network of AI‑managed charging stations that automatically schedule and pay for charging sessions, aiming to reduce wait times and improve energy efficiency.
Microsoft announced a 2.1% workforce reduction, with 3,200 Xbox staff and 1,600 more to leave in FY2027, as it scales back its gaming unit.
Microsoft has formed a new unit, the Microsoft Frontier Company, to help enterprises build and manage AI applications, backed by a $2.5 billion investment and a team of 6,000 engineers.
Microsoft announced a 4,800‑person layoff on July 6, 2026, largely affecting its Xbox and commercial sales divisions as the company realigns resources in response to AI‑driven industry shifts.
Microsoft announced a 4,800‑role cut, with 1,600 layoffs at Xbox, amid a broader shift toward AI‑driven enterprise solutions.
Tesla announced a $200‑per‑week limit on employee AI token spend, excluding its own xAI products, to control rising costs and steer usage toward in‑house models.
Meta Platforms has rolled out a comprehensive privacy‑first data policy, aiming to address growing regulatory pressure in the U.S. and EU. The policy includes enhanced user controls, clearer data usage disclosures, and a commitment to reduce third‑party data sharing.
Amazon Web Services has created a forward‑deployed engineering organization to embed AI engineers within enterprise customers, mirroring similar ventures by OpenAI and Anthropic.