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Microsoft Cuts 4,800 Jobs as It Restructures Around AI, Hits Xbox Hardest
Microsoft announced layoffs affecting 4,800 employees, about 2.1% of its global workforce, as part of a restructuring centered on artificial…
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SpaceXAI Launches Grok 4.5, Built for Coding and Agentic Tasks
SpaceXAI (formerly xAI) released Grok 4.5, its first model developed in partnership with coding startup Cursor, describing it as tuned…
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OpenAI Wins US Approval for Broad GPT-5.6 Rollout
On July 8, 2026, OpenAI received U.S. government approval to broadly release GPT-5.6, ending a restricted preview limited to about…
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Chinese AI Models Gain Ground as OpenAI, Anthropic Face New Cost War
Chinese AI models from developers such as DeepSeek and Z.ai are capturing significant market share from OpenAI and Anthropic by…
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JadePuffer: First Fully Autonomous AI-Driven Ransomware Attack Documented
Security firm Sysdig documented JadePuffer, described as the first fully autonomous ransomware attack carried out almost entirely by an AI…
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Even Realities Hits $1 Billion Valuation With $150 Million Funding for Camera-Free AI Glasses
Even Realities, a Shenzhen-based smart glasses startup founded by former Apple engineers, raised $150 million in a pre-Series B round…
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Zuckerberg Admits Meta’s AI Agent Push “Hasn’t Really Accelerated” After Layoffs
At a July 2, 2026 internal town hall, Meta CEO Mark Zuckerberg told employees that the company’s AI agent development…
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Oracle Cuts 21,000 Jobs Over Past Year Amid AI-Driven Restructuring
Oracle reduced its workforce by about 21,000 employees, roughly 13%, over the past 12 months, with headcount falling from 162,000…
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xAI Launches Grok Voice Agent Builder for No-Code Voice Agents
On July 1, 2026, xAI released Voice Agent Builder in beta, a no-code platform that lets developers create production voice…
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Illinois Governor Signs Nation-Leading AI Safety Law
Illinois Governor JB Pritzker signed the Artificial Intelligence Safety Measures Act (SB 315) into law on July 6, 2026, establishing…
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Zhipu AI Stock Surges After Open-Sourcing GLM-5.2 Model
Zhipu AI’s Hong Kong-listed stock surged as much as 48% and closed up 32.8% after the Beijing-based firm unveiled GLM-5.2,…
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Google DeepMind Delays Gemini 3.5 Pro to July 17 for Full Rebuild
Google DeepMind has postponed the launch of Gemini 3.5 Pro to July 17, 2026, opting to rebuild the model from…