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WAICO Founded: 29 Nations Sign China-Led AI Governance Pact
On July 16, 2026, 29 nations signed the founding pact for WAICO, a new Shanghai-based intergovernmental AI governance body led by China.
Hassabis Proposes Independent AI Standards Body Modeled on FINRA
Google DeepMind CEO Demis Hassabis has called for a US-led independent standards body to test frontier AI models, modeled on the finance industry's FINRA, with a goal of launching by end of 2026.
SambaNova Raises $1B in Series F First Close at $11B Valuation
SambaNova completed the first close of a $1 billion Series F round at an $11 billion valuation, led by General Atlantic, to secure its AI chip supply chain and expand inference capacity.
Anthropic's $19B TeraWulf Deal: Kentucky AI Data Center
Anthropic signed a 20-year, $19B lease with TeraWulf for a 401MW Kentucky AI data center campus, part of its aggressive compute buildout.
Microsoft Merges Copilot Apps, Adds Paid AutoPilot Agents
Microsoft plans to unify its consumer and enterprise Copilot apps by August 2026, adding a paid AutoPilot agent tier led by Scout.
Tesla Caps Employee AI Spending at $200/Week, Exempts xAI's Grok
Tesla now limits third-party AI tool spending to $200 per employee weekly, effective July 6, 2026, while exempting xAI's Grok and Composer from the cap.
Together AI Raises $800M at $8.3B Valuation
Together AI raised $800M in Series C funding led by Aramco Ventures' Prosperity7, valuing the open-source AI infrastructure firm at $8.3 billion.
California Taps Anthropic's Claude at 50% Off in Largest State AI Deal
California will get Claude access at a 50% discount for state agencies and opt-in local governments, marking the largest AI deployment by a U.S. state government to date.
Four Gemini Researchers Leave Google in Six Days for Anthropic and OpenAI
Jonas Adler and Alexander Pritzel departed Google's Gemini team for Anthropic on June 24, joining John Jumper and Noam Shazeer in the most concentrated AI talent exodus from Google to date.
OpenAI Jalapeno: First Custom Inference Chip Built with Broadcom
OpenAI unveiled Jalapeno, its first custom AI inference ASIC co-developed with Broadcom in just 9 months. It targets ~50% inference cost reduction and gigawatt-scale deployment by end of 2026.
SpaceX Acquires Cursor for $60B: The Largest Startup Deal in History
SpaceX acquired Anysphere (Cursor) for $60B in an all-stock deal announced June 16-17, 2026. The move pairs the world's leading AI code editor with SpaceX's compute and xAI resources.
NVIDIA XR AI Open Beta: Multimodal AI Agents for AR Glasses and XR Devices
NVIDIA launched XR AI, an open-source framework for building multimodal AI agents on AR glasses and XR devices, debuting at AWE 2026 with VITURE Helix as its first commercial deployment.
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