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Daniel Levi @ Startups News · 07/01/2026 13:15 EDT

Meta makes cloud push to sell excess AI compute, following SpaceX’s playbook as Big Tech seeks returns on AI spending

For the past two years, Big Tech has poured hundreds of billions of dollars into AI chips, data centers, and computing infrastructure with one goal in mind: to build enough capacity to stay ahead in the AI race. Now, a ... Read more

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Startups News
Nickie Louise @ Startups News · 07/01/2026 12:50 EDT

Anthropic restores Claude Fable 5 and Mythos 5 after Trump administration lifts U.S. export controls

Less than three weeks after Washington forced Anthropic to pull two of its newest AI models from much of the market, the company is bringing them back. The U.S. Department of Commerce has lifted the export controls that halted access ... Read more

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Startups News
Daniel Levi @ Startups News · 07/01/2026 12:05 EDT

Building a new AI chip has become one of the most expensive bets in technology. It can take years of engineering work and hundreds of millions of dollars before a single processor reaches production. Oxmiq, the AI chip startup founded ... Read more

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Startups News
Nickie Louise @ Startups News · 07/01/2026 10:15 EDT

Top Tech News Today, July 1, 2026

It’s Wednesday, July 1, 2026, and here are the top tech stories making waves today, from AI and startups to regulation and Big Tech. The fight for tech dominance is no longer confined to apps, chips, or cloud platforms. It ... Read more

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Startups News
Nickie Louise @ Startups News · 07/01/2026 09:43 EDT

Abu Dhabi’s MGX closes record $49 billion AI fund to invest across AI infrastructure, chips, and AI companies after backing OpenAI, Anthropic, and xAI

The race to finance artificial intelligence just reached another milestone. Abu Dhabi investment firm MGX has closed a record $49 billion AI fund, creating one of the largest investment vehicles dedicated to artificial intelligence at a time when investors are ... Read more

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Startups News
Daniel Levi @ Startups News · 07/01/2026 09:18 EDT

Microsoft plans to lay off thousands as AI spending reshapes its workforce

Microsoft is preparing another round of job cuts that could affect thousands of employees, according to a new report. The layoffs, which could be announced as early as next week, come as the software giant continues to pour tens of ... Read more

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Startups News
Nickie Louise @ Startups News · 06/30/2026 18:50 EDT

Venture Capital & Startup Funding Roundup, June 30, 2026

It’s Tuesday, June 30, 2026, and today’s venture funding tells a clear story: investors are no longer paying simply for AI. They’re backing the infrastructure, software, and specialized hardware that make AI useful inside real businesses. The strongest rounds announced in ... Read more

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Startups News
Daniel Levi @ Startups News · 06/30/2026 12:27 EDT

Anthropic’s Claude Code accused of hiding proxy fingerprints inside system prompts to identify China-linked users

Developers trust AI coding assistants with some of their most sensitive work. They grant access to source code, project files, shell commands, and, in many cases, credentials needed to build and deploy software. That level of access rests on one ... Read more

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Startups News
Daniel Levi @ Startups News · 06/30/2026 11:26 EDT

Amazon launches $1B AI engineering unit to help customers build agentic AI faster

Amazon is putting $1 billion behind a new AWS engineering organization that will place AI experts directly inside customer teams for weeks at a time, betting that hands-on support will speed up enterprise adoption of agentic AI. The initiative, announced ... Read more

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Startups News
Nickie Louise @ Startups News · 06/30/2026 10:54 EDT

Queue emerges from stealth with $12.6M in funding to launch the world’s first fully autonomous robotic pharmacy

America’s pharmacies are under pressure from every direction. Pharmacists are leaving the profession, stores are closing, and many prescriptions now lose money to fill. The result is a system that is struggling to keep up with patient demand. A Palo ... Read more

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Startups News
Nickie Louise @ Startups News · 06/30/2026 09:53 EDT

Top Tech News Today, June 30, 2026

It’s Tuesday, June 30, 2026, and today’s biggest tech stories show the industry entering a harder, more physical phase of the AI boom. Companies are watching token costs like cloud bills. Governments are tracking AI servers as if they were ... Read more

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Startups News
Daniel Levi @ Startups News · 06/30/2026 09:26 EDT

China’s open-source AI models gain ground as U.S. frontier AI faces new rollout restrictions

Just a day after Western companies began shifting AI workloads to cheaper Chinese models to cut costs, a new challenge has emerged for America’s frontier AI developers. Fresh rollout restrictions on leading U.S. models are giving Chinese open-source rivals another ... Read more

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Startups News
Daniel Levi @ Startups News · 06/29/2026 20:06 EDT

Anthropic CEO warned that open-source AI could become “very dangerous” as Western companies quietly switch to Chinese AI models

Anthropic CEO Dario Amodei cautioned Congress that releasing powerful AI models without centralized oversight could create irreversible risks. Nearly three years later, enterprises are increasingly adopting open-weight Chinese models that are closing the gap with America’s leading AI systems. For ... Read more

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Startups News
Nickie Louise @ Startups News · 06/29/2026 18:45 EDT

Venture Capital & Startup Funding Roundup, June 29, 2026

It’s Monday, June 29, 2026, and today’s funding activity offers a clear picture of where venture capital believes the next decade of technology will be built. Investors aren’t chasing AI simply because it carries the label. They’re backing the infrastructure ... Read more

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20.07.2026 10:10
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