Anthropic and Physical Intelligence Had Acquisition Talks
A weekend rumor about Anthropic acquiring robotics startup Physical Intelligence sparked debate, though both companies denied the deal. The Information confirmed talks occurred this spring.
A weekend rumor about Anthropic acquiring robotics startup Physical Intelligence sparked debate, though both companies denied the deal. The Information confirmed talks occurred this spring.
Entertainment apps are merging into a single platform, with AI enabling content personalization and cross-format integration, as seen in Netflix, Spotify, YouTube, and TikTok.
OpenAI announced the appointment of David Vélez and Robin Vince to its boards on July 21, 2026. Both leaders bring extensive experience in financial services and technology-driven growth.
Microsoft and Mistral announced a multi-billion-dollar deal to build AI infrastructure across Europe, with Mistral investing thousands of Nvidia GPUs.
Music streaming service Deezer said more than 50% of daily uploads are AI-generated tracks, with a peak of 90,000 daily uploads in June 2026.
U.S. Treasury Secretary Scott Bessent warned of sanctions against Chinese AI companies if intellectual property theft is proven, following concerns about open-source models like Moonshot AI’s Kimi K3.
A federal judge has approved Anthropic's $1.5 billion copyright settlement, resolving a class-action lawsuit over AI training data use.
Neil Rimer, co-founder of Index Ventures, predicts a redistribution of AI wealth, either voluntary or forced, as tech leaders face growing pressure to address wealth inequality.
Databricks announced a $188 billion valuation following a funding round led by Coatue, with a $3 billion raise reported by other outlets.
Vertu’s Alphafold smartphone, priced at $6,880, features Hermes Agent, an AI designed to automate executive workflows.
Meta is reportedly in talks to sell up to $10 billion in AI compute to Anthropic over two years, according to the New York Times.
Agility Robotics is opening a 60,000-square-foot facility in Fremont, California, to train its humanoid robots as Tesla prepares to manufacture its Optimus robots nearby.