/Infrastructure
AMD Helios: Microsoft signs on to rack‑scale AI system that rivals Nvidia
Microsoft announced it will deploy AMD’s new Helios rack‑scale AI system in Azure data centers, marking a significant shift in AI infrastructure competition.
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Costco Wholesale Corporation
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/Business
Netflix paid $587M for Ben Affleck’s AI filmmaking startup
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.
/Technology
GM considers rebadging China's Wuling Bingo Pro as entry‑level Chevrolet EV
General Motors is looking to rebadge the Wuling Bingo Pro for Chevrolet, potentially making it the brand’s first all‑electric hatchback in emerging markets.
/AI
Adapter Launches New 'Cognition' Layer for AI Tools
Founder Adam Ghetti unveils Adapter, a knowledge‑graph infrastructure that lets developers build AI tools with better data control and lower costs.
/Technology
AI race splits in two as China wages open-weight insurgency
Chinese labs like Moonshot AI are cornering the market for cheap, customizable intelligence, threatening to turn America’s prestige models into expensive niche products.
/Infrastructure
Microsoft Announces AI‑Native Kubernetes Enhancements at Build 2026
Microsoft unveiled managed Ray, AI Runway, and free system node pools for AKS, positioning Azure Kubernetes Service as the control plane for distributed AI workloads.
/Startups
Databricks hits $188B valuation, extending its run as AI’s favorite second act
Databricks announced a new funding round that values the company at $188 billion, marking a continued surge in enterprise AI investment.
/Web3
Stable Launches StablePay: Instant, Zero‑Fee Global Payments App Built on Stablecoin Rails
Stable’s new StablePay app lets users send and receive USDT instantly and for free, simplifying cross‑border payments with a familiar mobile‑app experience.
/Technology
‘The dawn of a new space era’: Vikram‑1, India’s 1st private orbital rocket, aces debut launch
Skyroot Aerospace successfully launched its Vikram‑1 rocket into low‑Earth orbit on July 18, making India the third country with private orbital launch capability.
/Startups
Singularity lands $80M at $400M valuation to build cheap drone interceptors
Air defense startup Singularity Defense Corp. raises $80 million in new funding at a $400 million valuation to mass‑produce low‑cost interceptors that can knock down cheap drones and missiles.
/Technology
Apple Raises Prices for Apple Music and Apple One Subscriptions
Apple increased the price of its Apple Music Individual plan to $11.99/month and raised several Apple One bundle prices, citing rising licensing costs.
/Infrastructure
3M and Microsoft announce strategic partnership to advance AI data‑center infrastructure
3M will deploy its Expanded Beam Optical technology in Microsoft Azure data centers, while Microsoft will adopt 3M’s AI tools across enterprise functions.
/Technology
AI agentic payments enter mainstream as Visa, Mastercard, Ripple back x402 standard
The x402 protocol, built by Coinbase and now backed by Visa, Mastercard, Ripple and others, enables software agents to pay each other with stablecoins, opening a new machine‑to‑machine payment ecosystem.
/Startups
A SpaceX vet raised $65M to pull wire harnesses out of the Cold War era
Senra, founded by former SpaceX engineer Jordan Black, announced a $65 million Series B round to modernize wire‑harness manufacturing for aerospace and defense customers.
/AI
Satya Nadella has issued a shocking warning to companies using AI
Microsoft CEO Satya Nadella cautions enterprises that they pay twice for AI—once for usage and again for the data they provide—urging them to build proprietary learning environments.
/AI
Chai Discovery raises $400M for AI drug discovery as big pharma bets on machine learning over blockchain
The AI‑driven biotech startup secured $400 million, with backers including OpenAI, Pfizer and Eli Lilly, to accelerate antibody design.
/AI
Anthropic's extravagant tokenizer complicates AI pricing
Anthropic’s new tokenizer for its Sonnet 5 model increases token counts, making the same content more costly to process and complicating AI pricing models.
/Technology
Meta Slashes AI API Price to One‑Fourth of Competitors
Meta launches Muse Spark 1.1 with a paid API tier at roughly 25 % of rival prices, marking its first move to monetize AI models and undercut competitors.
/AI
Refiant goes where rivals only promised with a 10 million-token AI model
AI optimization startup Refiant launched Protea, a suite of long‑context models with a 10 million‑token window, the largest publicly available yet.
/Business
Tesla's Profit Per Vehicle Has Been Dropping Significantly
CleanTechnica reports Tesla’s net profit per vehicle fell 40% from 2025 to 2026, raising concerns about the company’s profitability trajectory.
/AI
Ollama Closes $65M Series B, Reaches 8.9M Developers on Local Open-Weight AI
Ollama, the open-weight AI platform that lets developers run large language models on their own hardware, closed a $65 million Series B on July 10, 2026, boosting its developer network to 8.9 million monthly active users.
/Technology
Meta’s new AI chips will begin production in September
Meta is on track to start making the latest versions of its AI‑specific chip in September, aiming to lower GPU costs amid a component shortage.
/AI
OpenAI admits it "didn't get everything quite right" with ChatGPT Work launch and scrambles to fix UX and costs
OpenAI is addressing backlash over its new ChatGPT Work product, citing UX issues and rapid usage limits that prompted a swift update plan.
/AI
OpenAI launches GPT‑5.6, the most powerful model yet
OpenAI unveiled GPT‑5.6, a new family of models that promise higher performance and lower cost per token, marking a significant leap in AI capability.