• Netflix reports Q2 revenue up 13% YoY to $12.56B, vs. $12.59B est., and says it will give fewer engagement updates starting in 2027; NFLX drops 7%+ after hours (Lillian Rizzo/CNBC)
• Kimi-K3 is now #1 on the Frontend Code Arena benchmark, surpassing Claude Fable 5; the model scored 88.3 on Terminal Bench 2.1, only below GPT-5.6 Sol's 88.8 (Michael Nuñez/VentureBeat)
• DoorDash launches a limited beta of DoorDash CLI, which lets users place orders via an AI agent, available by waitlist to macOS developers in the US and Canada (Sarah Perez/TechCrunch)
• Google updates its AI video editor Vids with Gemini Omni and a feature that lets users create custom digital avatars using a selfie and voice recording (Sarah Perez/TechCrunch)
• Moonshot AI releases Kimi K3, a 2.8T-parameter AI model that it says rivals Opus 4.8 and GPT-5.5, and plans to release model weights by July 27 (Kimi)
• After reports of GPT-5.6 deleting files, OpenAI says the issue most often occurs in full-access mode without sandboxing and it is working to mitigate the risk (Tibo/@thsottiaux)
• Crypto.com raised $400M from Citadel Securities in its first institutional funding round, valuing the Singapore-based crypto exchange at $20B (CoinDesk)
• Sources: Google is months behind schedule on delivering Gemini 3.5 Pro because the company has been trying to improve its capabilities, particularly in coding (Bloomberg)
• Beehiiv launches Community, which lets subscribers chat with each other, adds programmatic ads and an AI tool that helps creators manage their audiences (Ivan Mehta/TechCrunch)
• Meta's Oversight Board says top AI models may be restricting free expression in its first evaluation of LLMs, as it seeks to expand its influence beyond Meta (Karissa Bell/Engadget)
• Google says users in the US can now link to and interact with some apps in AI Mode, including Instacart, Canva, and YouTube Music (Aisha Malik/TechCrunch)
• Roblox unveils Build, which lets users create basic games through text prompts directly within its mobile app, powered by Roblox's models and open-source models (Jay Peters/The Verge)
• Fora, which connects travel agents with travelers and offers agents AI tools, raised a $60M Series D at a $1B valuation led by Forerunner and Tactile Ventures (Dominic-Madori Davis/TechCrunch)
• Google renames NotebookLM to Gemini Notebook and rolls out an update giving every notebook a secure cloud computer, letting it write and execute code natively (Josh Woodward/Google)
• San Diego-based Self Inspection, which uses AI to assess body damage on a car with as little tech as a smartphone camera, raised $10M led by Sheryl Sandberg (Sean O'Kane/TechCrunch)
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| • Microsoft accused of unfair labor practices by US and Canadian video game unions
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