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How the Trump administration shifted from a "light-touch" approach to AI policy to an interventionist stance that led to restrictions on top AI models in the US (Leo Schwartz/The Information)
Sources: Trump Media pitched a monthly fee of as much as $100K for the Truth API, with fast access to Trump's posts, for banks, algorithmic traders, and others (Reuters)
Sources: AI inference chip startup Etched is raising funds at a ~$20B valuation and is raising capital at a $10B valuation in a separate round led by Sequoia (Wall Street Journal)
Memo: the DOJ says federal employees can now download TikTok on government devices, citing TikTok US' transfer of control, lifting a 2022 congressional ban (David Shepardson/Reuters)
China's BrainCo unveils what it says is the world's first integrated "brain-to-robot" platform that lets users control robots using an EEG headset (Minxiao Chang/South China Morning Post)
Anthropic says Claude Fable 5 will be included in Max and Team Premium plans at 50% of limits from July 20 and via usage credits for Pro and Team Standard users (Claude/@claudeai)
Japan plans to buy 27,500 Nvidia Rubin chips to develop a domestic AI foundation model for robots, in a Noetra-led effort that includes SoftBank, Sony, and NEC (Bloomberg)
Thira, an AI startup founded by Apptio co-founders to develop AI agents that handle back-office tasks such as IT support, raised a $21M seed led by Madrona (Todd Bishop/GeekWire)
Sources: China's National AI Industry Investment Fund gained voting rights in DeepSeek by joining its $7.4B round; other investors like Tencent and JD got none (Bloomberg)
Data infrastructure startup Cribl acquires CardinalOps, which offers AI-powered threat detection tools and had raised $40M, sources say for around $100M (Meir Orbach/CTech)
London-based Risk Ledger, which helps organizations manage supply chain cyber risks, raised a £24M Series B led by Axiom Equity, taking total funding to £33.8M (Ionut Arghire/SecurityWeek)
China's National Data Administration says the country's daily AI token consumption hit 140T in March 2026, up from 100T in December 2025 and 100B in early 2024 (Minxiao Chang/South China Morning Post)
Feathery, which develops an AI operating and decisioning system for financial services, raised $30M in total funding, including a recently completed Series A (FinTech Global)
SEC filing: GameStop says it owns 9.8% of eBay, signaling its intent to press ahead with a bid for the company after its unsolicited $56B offer was rejected (Reuters)
Analysis: recent open weight models lag frontier closed models' cyber capabilities by 4 to 7 months, a narrower gap than the 6 to 10 months through most of 2025 (AI Security Institute)
A review of Microsoft's 13-inch Surface Laptop shows 8GB of RAM is not enough for a good Windows 11 experience; PC makers have unveiled upcoming 8GB laptops (Antonio G. Di Benedetto/The Verge)
As China's rules for humanlike AI interaction take effect, many users are bemoaning the loss of the virtual companions they had created on Chinese AI platforms (Bloomberg)
A profile of PsiQuantum, which raised $1B in 2025, is building a quantum computer with photonic chips made by GlobalFoundries and is closely monitored by DARPA (James O'Donnell/MIT Technology Review)
ASML reports Q2 net sales of €9.3B, above €8.8B est., a €2.9B net profit, above €2.6B est., and raises its 2026 net sales forecast from €36B-€40B to €43B-€45B (April Roach/CNBC)
ASML says Intel has decided to use ASML's next-gen High NA EUV machines to make some of its flagship Panther Lake laptop chips; a High NA machine costs ~$400M (Max A. Cherney/Reuters)

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