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Texas AG Ken Paxton opens an investigation into StubHub following complaints of last-minute ticket cancellations for FIFA World Cup matches (Giles Turner/Bloomberg)
Cloudflare sets a September 15 deadline for AI companies to differentiate their web crawlers into search, AI training, and AI agents or face being blocked (Samantha Elkins/NBC News)
President Trump says Micron will invest $250M in Trump Accounts; Micron says it will come via an employee matching program and a $250 deposit in some US states (New York Times)
The US DOJ says Peter Stokes, a 19-year-old dual US-Estonian citizen, was extradited from Finland to face charges of participating in Scattered Spider hacks (Joe Warminsky/The Record)
German software giant SAP says it's encouraging workers to invent new, more valuable jobs aided by AI, to try to avoid layoffs; SAP cut nearly 10K staff in 2024 (Jim Tankersley/New York Times)
Amazon says Leo now has 396 satellites in low-Earth orbit, following a July 1 launch, which is "enough to support continuous service across initial latitudes" (Thomas Ricker/The Verge)
Filings: Trump purchased up to $5M each in Broadcom, Meta, Amazon, Apple, Microsoft, and Nvidia stocks on July 23, the same day he unveiled his AI action plan (New York Times)
Z.ai launches ZCode, an "Agentic Development Environment" purpose-built for its GLM-5.2 model; Z.ai's GLM Coding Plan tiers range from $16.20 to $144 per month (Michael Nuñez/VentureBeat)
SoftBank and its telecom unit launch SB Neo to offer AI chips and cloud services to big companies, aiming to provide 10GW of capacity in the US by around 2030 (Min-Jeong Lee/Bloomberg)
Sam Altman proposes a "US-led international forum" to establish AI standards, provide analysis of capabilities and risks, and make AI models available to allies (Sam Altman/Financial Times)
Microsoft invests $2.5B and forms a new company that will embed 6,000 staff with customers to design, deploy, and improve AI systems based on business outcomes (Todd Bishop/GeekWire)
Global VC funding hit a record $510B in H1 2026, with OpenAI and Anthropic accounting for $217B, or 43% of the total; in Q2, VCs put $205B into 5,000+ startups (Gené Teare/Crunchbase News)
Sources: Anthropic has initiated early-stage development of a custom AI server chip and held preliminary discussions with Samsung about manufacturing the chip (Qianer Liu/The Information)
Kling AI, the Kuaishou AI video generator spin-off, raised $2B at a $15B pre-money valuation and says the round could extend to as much as $3B (Zheping Huang/Bloomberg)
Sources: Palmer Luckey's Erebor Bank is in talks to raise money at an $8B+ valuation, up from $4.35B in 2025; its deposits grew from $1.1B in March to $4B now (Bloomberg)
Emails disclosed in a court filing detail the uneasy back-and-forth between Dario Amodei and DOD's Emil Michael and how Anthropic's relationship with DOD soured (Wall Street Journal)
Bending Spoons, which owns Vimeo and AOL, closed up 40% in its US market debut on Wednesday at a $25.7B valuation, after raising $1.68B in its IPO (Bloomberg)
Sources: the White House is in advanced talks with AI companies on voluntary standards and release timelines for new models to be announced as soon as next week (George Hammond/Financial Times)
Amazon's emissions rose 16%+ YoY in 2025, driven by data center construction and delivery fuel, while Google's "ambition-based" emissions jumped 18% YoY in 2025 (Bloomberg)
India-based short video app ShareChat's parent company Mohalla Tech plans to raise up to $400M in an IPO in 2027; ShareChat has ~65M micro-drama viewers monthly (Sankalp Phartiyal/Bloomberg)

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