• Sources: Anthropic has initiated early-stage development of a custom AI server chip and held preliminary discussions with Samsung about manufacturing the chip (Qianer Liu/The Information)
• Global VC funding hit a record $510B in H1 2026, with OpenAI and Anthropic accounting for $217B, or 43% of the total; in Q2, VCs put $205B into 5,000+ startups (Gené Teare/Crunchbase News)
• Microsoft establishes an organization with 6,000 staff specializing in engineering, corporate training, and management to support businesses with AI deployments (Todd Bishop/GeekWire)
• Sam Altman proposes a "US-led international forum" to establish AI standards, provide analysis of capabilities and risks, and make AI available to allies (Sam Altman/Financial Times)
• SoftBank and its telecom unit launch SB Neo to offer AI chips and cloud services to big companies, aiming to provide 10GW of capacity in the US by around 2030 (Min-Jeong Lee/Bloomberg)
• Z.ai launches ZCode, an "Agentic Development Environment" optimized for its new GLM-5.2 model; Z.ai's GLM Coding Plan costs from $16.20 to $144 per month (Michael Nuñez/VentureBeat)
• Filings: Trump purchased up to $5M each in Broadcom, Meta, Amazon, Apple, Microsoft, and Nvidia stocks on July 23, the same day he unveiled his AI action plan (New York Times)
• Amazon says Leo reached 396 satellites in low-Earth orbit following a recent launch, which is "enough to support continuous service across initial latitudes" (Thomas Ricker/The Verge)
• German software giant SAP says it is encouraging workers to invent new, more valuable jobs aided by AI, in a bid to avoid layoffs; SAP cut ~10K staff in 2024 (Jim Tankersley/New York Times)
• The US DOJ says Peter Stokes, a 19-year-old dual US-Estonian citizen, was extradited from Finland to face charges of participating in Scattered Spider hacks (Joe Warminsky/The Record)
• President Trump says Micron will invest $250M in Trump Accounts; Micron says it will come via an employee matching program and a $250 deposit in some US states (New York Times)
• Cloudflare sets a September 15 deadline for AI companies to differentiate their web crawlers into search, AI training, and AI agents or face being blocked (Samantha Elkins/NBC News)
• Germany-based Quantum Systems, which sells surveillance drones used by Ukraine, raised $1.2B led by Blackstone, Noteus, Airbus, and Advent at an ~$8B valuation (Yazhou Sun/Bloomberg)
• An interview with Amazon SVP of Devices Panos Panay on designing custom chips for Echo and Fire TV devices, experimenting with AI-enabled gadgets, and more (Arjun Kharpal/CNBC)
• The European Court of Justice rules that Google's earlier defeat against a €4.1B European Commission penalty over abusing Android's market power should stand (Bloomberg)
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• Anthropic Added a New Security Measure to Get Back Into the Trump Administration’s Good Graces
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• OpenAI reportedly wants all AI companies to give the US government a stake in their businesses
• Google loses final appeal over $4.7 billion EU Android antitrust fine
• X is making a fresh push for live video with new creator payouts
• Apple is reportedly planning a visual refresh of the entry-level MacBook Pro next year
• Apple's Hide My Email may not be hiding anything
• Report suggests SpaceX is testing a handheld AI device, Musk says it's 'utterly false'
• Xbox is reportedly testing a way to digitize your disc-based games
• Meta is reportedly building its own cloud business
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