• Meta launches a Meta Model API, whose pricing Zuckerberg says will be "aggressive and attractive" at ~25% of the cost of OpenAI and Anthropic models (Kurt Wagner/Bloomberg)
• Meta releases Muse Spark 1.1, capable of more advanced coding and a "step-change" from the first generation, available to US developers via a public API preview (Dominic Preston/The Verge)
• European startups raised $24B in Q2, up 66% YoY and the strongest quarter in four years; UK startups raised $10.4B, above Germany's $3.2B, and France's $2.4B (Gené Teare/Crunchbase News)
• Anthropic launches a "reflection" dashboard in beta for Free, Pro, and Max users to track Claude usage patterns over 1-, 3-, 6-, or 12-month intervals (Anthropic)
• Databento, which sells financial data feeds, raised a $97M Series B led by NEA, taking its total funding to $127M, and says it is "profitable every month" (Lily Mae Lazarus/Fortune)
• Micron raises its US capex commitment to $250B through 2035, adding $50B for facilities in NY, ID, VA, and elsewhere, and invests $500M in GlobalWafers (Maggie Eastland/Bloomberg)
• Ollama, which helps developers run open-weight AI models locally, raised a $65M Series B led by Theory Venture, following a $15M Series A led by Benchmark (Julie Bort/TechCrunch)
• PrismML says it ran a 27B-parameter Qwen 3.6 model on an iPhone 17 Pro, bigger than any prior on-device model; sources: Apple held talks with PrismML about it (Aaron Tilley/The Information)
• Internal memo: Meta plans to begin production of its in-house AI chip, codenamed Iris, in September, and aims to boost its computing power to 14GW in 2027 (Reuters)
• India scraps import duties on some parts used to make devices like phones until March 31, 2029, removing 7.5% and 5% levies, which might help Apple and Xiaomi (Nikunj Ohri/Reuters)
• Apple supplier Luxshare fell in its Hong Kong trading debut, closing down 1.6%, after raising ~$3.1B in the city's biggest listing in 2026 so far (Bloomberg)
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• Interpol and law enforcement agencies arrest 5,811 suspects and seize $293M in an operation combating social engineering scams and fraud across 97 countries (Sergiu Gatlan/BleepingComputer)
| • A Majority of European Lawmakers Voted Against Letting Big Tech Read Our Messages. They’re Going to Anyway.
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| • Sony's RX10 V superzoom finally arrives with a new design and 4K 120p video
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