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Google Cloud revenue jumps 82% as Gemini hits 950m users
Alphabet's Q2 results show AI demand outpacing spending, with a $514bn cloud backlog and $811bn in future commitments.
AMD to invest up to $5bn in Anthropic
Two gigawatts of Instinct MI450 from H1 2027, with equity tied to deployment milestones.
Google reportedly building chip with Gemini baked into silicon
"Frozen v2" could serve six to ten times more tokens per watt than Google's newest TPUs, but only if Gemini's architecture stays stable.
Anthropic's $1.5bn copyright settlement gets final court approval
A federal judge signed off on the largest copyright settlement in US history over pirated books used to train Claude.
Microsoft preps Project Perception to rival Anthropic's Mythos
The cybersecurity platform mixes AI models from Microsoft, OpenAI and Anthropic to hunt and fix vulnerabilities more cheaply.
Apple briefly overtakes Nvidia as most valuable company
A sharp Nvidia selloff let Apple take the crown for hours on 17 July before Nvidia closed back on top.
Xi launches China-led AI body, 29 nations sign, West absent
The new World AI Cooperation Organization, headquartered in Shanghai, drew Global South members but no major Western democracy.
Thinking Machines Lab launches Inkling, a 975B-parameter open model
Mira Murati's start-up pitches its first open-weights release as a base for fine-tuning, not a frontier leader.
New York pauses permits for big new data centres
Governor Hochul's executive order halts state environmental approvals for facilities of 50 megawatts or more while officials study the grid impact.
Meta ships Muse Spark 1.1 and starts charging for its own model
Meta launched Muse Spark 1.1, its self-described most capable coding and agentic model, and for the first time put its own model behind a paid Meta Model API.
Ben Bernanke Joins Anthropic's Long-Term Benefit Trust
The former Fed chair and Nobel laureate becomes the fourth trustee of Anthropic's independent oversight body, arriving just as the company reportedly heads towards an IPO.
Ant Group's LingBot-VA 2.0: a robot brain that runs on one GPU
Ant's robotics unit unveiled what it calls the first embodied-native world action model, claiming 93.6% success in simulation and single-GPU deployment.
AI Mega-Funding Week: The Fast Brief on Where the Money Went
The week of 10 July 2026 delivered a burst of outsized AI rounds — from a $5.55B legal-AI valuation to a $450M robotics debut. Here are the raises, the pattern, and what comes next.
Gemini 3.5 Pro Still in Preview; GA Reportedly Set for 17 July
Google rebuilt Gemini 3.5 Pro from scratch, delaying it into July. Leaked reporting now points to a 17 July launch — and a security-benchmark twist.
GPT-5.6 Goes Public: Sol, Terra, Luna and the Prices
OpenAI lifted the 13-day government-gated preview on 9 July and shipped GPT-5.6 as a three-tier family. Here is the fast version: the models, the prices, what is default, and the two side launches.
Anthropic Passes OpenAI on Revenue Run-Rate: The Quick Brief
Anthropic disclosed a ~$47B annualized run-rate, roughly 35% above OpenAI's latest figure. Here is the number, the cause, the catch, and what comes next.
White House to finalise voluntary AI-release standards this week
The brief: Washington is finalising pre-launch AI-testing rules with OpenAI, Google and Anthropic, reportedly due as early as this week.
Anthropic launches Claude Science, an AI workbench for researchers
The brief: Anthropic shipped Claude Science on 30 June 2026, uniting 60+ databases and tools for scientists — its latest push beyond the chatbot into AI for research.
Meta admits AI restructuring underdelivered after ~8,000 job cuts
The brief: Meta says its AI overhaul is running slower than expected despite ~8,000 layoffs. Zuckerberg expects a payoff in 3–6 months; results so far haven't landed.
OpenAI proposes handing the US government a 5% stake
The brief: OpenAI reportedly offered Washington a 5% stake worth ~$42.6 billion to ease pressure. It's conceptual, may need Congress, and Sanders wants far more.
Weak June jobs report puts AI automation in the frame
The brief: US payrolls rose just 57,000 in June, far below forecast, and the miss is being tied to AI — though the causation is far from settled.
Anthropic and Samsung in early talks on a custom AI chip
The brief: Anthropic is reportedly exploring a custom AI chip with Samsung, which could become its fourth silicon supplier.
UN and ITU launch AI for Good Global Commission with frontier CEOs
The brief: the UN's first frontier-AI governance body seats the CEOs building the technology.
US lifts export controls on Claude Fable 5 and Mythos 5
The brief: after an 18-day standoff and a lawsuit, Washington rescinds the first-ever ban on a commercial AI product.