• Microsoft faces investor criticism over opaque financial reporting across capex, its OpenAI deal, and Azure, which is buried in the Intelligent Cloud segment (Jonathan Weil/Wall Street Journal)
• Rockstar says GTA 6 gameplay leaking "in this way has been heartbreaking", calling it "unfortunate" that the "game experience may now be impacted" by spoilers (John Walker/Kotaku)
• Public polling suggests the US' severe anti-data center backlash is primarily driven by local environmental and economic concerns, not anti-Big Tech sentiment (Andy Masley)
• Q&A with SemiAnalysis founder Dylan Patel on Anthropic and OpenAI controlling global compute, $11T of AI capex between 2024 and 2029, China's compute, and more (Dwarkesh Patel/Dwarkesh Podcast)
• Investigation: Meta explored slashing many teams by ~60% to become "AI native", but pulled back after staff revolted and data showed AI agents were ineffective (Katie Paul/Reuters)
• Shanghai-based MiniMax reports H1 2026 revenue up 283% YoY to ~$116.6M, above 2025's 159% YoY growth, as its M3 model lags behind rivals like Z.ai's GLM-5.2 (Bloomberg)
• Sources and documents: Huawei proposes exporting its high-end Ascend 950-series chips to build Egyptian government AI data centers, testing US tech diplomacy (Mackenzie Hawkins/Bloomberg)
• A profile of Leopold Aschenbrenner, who worked for SBF and OpenAI before launching Situational Awareness; Aschenbrenner married Dario Amodei's chief of staff (Wall Street Journal)
• Sources: Moonshot AI is in early talks over revenue-sharing agreements with Microsoft, Amazon, and Google to host Kimi K3, and is seeking up to a 30% share (Reuters)
• Bill Gates says his Jeffrey Epstein association was a "huge mistake" driven by a desire to raise funds, and hopes the ties will not undermine his AI arguments (Ina Fried/Axios)
• Z.ai confirms Ox Alpha is a new iteration of its GLM series and says it will release the weights for it tonight; Ox Alpha topped OpenRouter's leaderboard (Luz Ding/Bloomberg)
• Bill Gates says tech executives are privately "very worried" about AI disruption but publicly downplay the risks to protect fundraising and planned IPOs (Karen Weise/New York Times)
• Bill Gates says "the AI era will be one of the most turbulent times in human history" and "we are not preparing adequately", calling for a regulatory framework (Bill Gates/GatesNotes)
• Revolut rolls out its euro-pegged stablecoin EURR, initially to eligible customers in Denmark, Poland, and Portugal; Stripe-owned Bridge issues the stablecoin (Charlie Wells/Bloomberg)
• Navitas Semiconductor agrees to buy Claros, which develops data center power management hardware and software, for ~$232.8M; Claros raised a $30M seed in March (Nate Doughty/Washington ...)
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