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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…
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SpaceX to Acquire AI Coding Startup Cursor for $60 Billion
SpaceX has agreed to acquire Anysphere, the company behind the AI coding assistant Cursor, in a $60 billion all-stock deal…
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Nobel Laureate John Jumper Leaves Google DeepMind to Join Anthropic
John Jumper, the Nobel Prize-winning creator of AlphaFold, is departing Google DeepMind after nearly nine years to join Anthropic. His…
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Meta Builds Cloud Business to Sell Excess AI Compute Capacity
Meta is developing a cloud infrastructure business, reportedly called Meta Compute, to sell excess AI computing capacity and models, positioning…
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White House Nears Voluntary Frontier AI Model Release Deal With OpenAI, Google and Anthropic
The White House is advancing negotiations with OpenAI, Anthropic and Google on a voluntary framework governing the release of advanced…
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AI Data Center Builder Crusoe in Talks to Raise $3 Billion at $30 Billion Valuation
Data center builder Crusoe is in talks to raise $3 billion in funding that could value the company at roughly…
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General Atlantic in Talks to Lead $2 Billion Round for China’s Kling AI at $18 Billion Valuation
General Atlantic is pursuing a $2 billion investment in Kling AI, the video-generation unit of Chinese tech company Kuaishou, valuing…