• Kimi K3 hype shouldn't alarm the US about "losing the AI race" to China; K3 is a good model but not frontier-level and likely lacks dangerous cyber capabilities (Transformer)
• ASML plans to give its ~45K employees globally a €20K bonus, issued as a share award that vests in 2030, joining other chip industry companies offering payouts (Sarah Jacob/Bloomberg)
• AI inference startup General Compute gets a $400M loan from tech investment firm Upper90, seemingly the first deal to use inference-specific chips as collateral (Tim Fernholz/TechCrunch)
• Sources: the EU is set to approve the $55B acquisition of EA under its subsidy rules on July 30; the deal includes Saudi Arabia's PIF, Silver Lake, and Affinity (Foo Yun Chee/Reuters)
• San Francisco sends legal notices to Apple and Google, demanding they take down 13 AI apps used to make deepfake nude images; Google says it deleted five apps (Matt Burgess/Wired)
• Sources: Apple has sent personal legal warnings to ~40 former employees who now work at OpenAI, directing them to preserve documents and meet with its lawyers (Michael Acton/Financial Times)
• At the World AI Conference, Xi Jinping touts open-source AI, pledges to help the Global South build AI capabilities, and calls unequal AI access an "injustice" (Reuters)
• The Alphabet Workers Union sends a layoff protections petition with 4,500+ signatures to Sundar Pichai, calling for guaranteed severance, buyouts, and more (Sanya Mansoor/The Guardian)
• Sources: Z.ai is on track to achieve an annual recurring revenue of $1B, a first for a Chinese AI company, after achieving its full-year sales target in July (Bloomberg)
• Sources: Dave Brown, the outgoing SVP of AWS Compute, AI, and Platform, will join Meta in the coming weeks, where he will work on Meta's data center build-out (Anissa Gardizy/Wall Street Journal)
• Sources: Tata plans India's first large-scale chip fab, in Dholera, Gujarat, mostly using 90nm nodes, a far humbler start than the 28nm node it touted earlier (Bloomberg)
• In an internal meeting, Satya Nadella criticized Claude Fable 5 for being "editorially controlled", saying its refusal to do "any random thing" makes no sense (Jordan Novet/CNBC)
• Source: Demis Hassabis plans to hold meetings with US policymakers in Washington next week about his proposed US-based Standards Body for "Frontier-class" AI (Shirin Ghaffary/Bloomberg)
• Court doc: a US federal jury says Japanese chipmaker Kioxia owes Viasat $229M for infringing Viasat's patent for flash memory that helps devices use less energy (Blake Brittain/Reuters)
• Source: Microsoft plans to release an AI security tool this month that uses models from Anthropic, OpenAI, and itself, as a cost-effective alternative to Mythos (Aaron Holmes/The Information)
| • Lyft’s CEO Says, ‘We’re the Good Uber’
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• Pete Hegseth’s Plan for ‘High T’ Troops Is a Junk-Science Fever Dream
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• Verizon Promo Codes: $200 Verizon Gift Cards | July 2026
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| • Samsung's Freestyle+ projector is now available for $1,200
• Caviar is selling a ridiculous Lionel Messi-themed Galaxy Z Fold 8 Ultra a week before its official unveiling
• Engadget Podcast: Is Siri AI actually useful in iOS 27 and macOS Golden Gate?
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• EU defangs a key pillar of its climate policy to allow more pollution
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• Tesla's selling a $225 balance bike for toddlers
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• Coca-Cola's dairy company fairlife hit with a ransomware attack
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