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India’s Supreme Court Declares Zero Tolerance for AI-Generated Fake Legal Precedents
India’s Supreme Court issued a July 2, 2026 judgment declaring zero tolerance for AI-generated fake legal precedents, striking down National…
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Eliyan Achieves Unicorn Status with $145 Million Series C for AI Infrastructure Interconnects
Eliyan Corp., a Silicon Valley chip interconnect startup, achieved unicorn status with a $1 billion valuation following a $145 million…
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Nvidia to Invest $5 Billion in Ilya Sutskever’s Safe Superintelligence
Nvidia has committed $5 billion to Safe Superintelligence (SSI), the AI startup founded by former OpenAI chief scientist Ilya Sutskever,…
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Judge Approves Anthropic’s $1.5 Billion Copyright Settlement
A federal judge finalized Anthropic’s $1.5 billion copyright settlement, approving payouts of $3,000 per work to roughly 500,000 authors and…
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Nvidia Ships a Small Quantity of H200 AI Chips to China Under New License
A senior U.S. trade official said only a small quantity of Nvidia’s H200 AI chips have been shipped to China…
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Humanoid Raises $152 Million, Becomes Europe’s First Pure-Play Humanoid Robotics Unicorn
London-based Humanoid has raised $152 million in Series A funding at a $1.35 billion valuation, becoming Europe’s first pure-play humanoid…
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Alibaba Leads $439 Million Funding Round for AI Video Startup AIsphere
Alibaba Group has led a funding round for Chinese AI video startup AIsphere, bringing its Series C financing to 2.98…
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Cyera to Acquire Oasis Security for $1 Billion to Secure AI Agent Identities
Data security company Cyera has agreed to acquire Oasis Security for approximately $1 billion, in a deal paid mostly in…
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Oracle lays off 21,000 employees in just 12 months due to AI adoption and costly AI infrastructure ambitions
Oracle laid off 21,000 employees over a 12-month period, attributing the cuts to its adoption of artificial intelligence and heavy…
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Elon Musk Rebrands xAI as SpaceXAI and Launches Grok 4.5
Elon Musk’s AI company has rebranded from xAI to SpaceXAI following its integration into SpaceX after SpaceX’s June 2026 IPO.…
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Microsoft lays off nearly 5,000 employees across Xbox, commercial sales
Microsoft cut approximately 4,800 positions, or 2.1% of its global workforce, on July 6, 2026, with the Xbox division and…
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Gemma 4: Byte for byte, the most capable open models
Google introduced Gemma 4, which it describes as its most intelligent open-weight model family to date, released under an Apache…