Bob M
DeepSeek Pauses $74 Billion Funding Round After Founder Leak
Key Takeaways
- DeepSeek verbally told investors to hold off on signing agreements for its second funding round, which targeted a valuation of about 500 billion yuan ($74 billion). - The pause stems from founder Liang Wenfeng's frustration over leaked investor-meeting comments that went viral on Chinese social
Jensen Huang's First X Post Backs Open Weights. 25 Companies. Here's the Split.
TL;DR
- NVIDIA CEO Jensen Huang posted on X for the first time ever on July 24, 2026. Thirty years of silence, broken with a policy letter, not a product launch. - 25 companies co-signed: Microsoft, Meta, IBM, Dell, Palantir, Hugging Face, Perplexity, and several others. - Huang'
AI Kill Switch Act: $20M Fines for Ignoring DHS
Key Takeaways
- The AI Kill Switch Act, introduced July 23, 2026 by Reps. Ted Lieu (D-CA) and Nathaniel Moran (R-TX), gives DHS authority to order shutdowns or slowdowns of frontier AI models during emergencies. - Companies with $500 million+ in annual AI revenue or models trained with $100 million+
Claude Opus 5 Brings Near-Fable-5 Power at Half Price
Key Takeaways
- Claude Opus 5 ships at $5 per million input tokens and $25 per million output tokens, unchanged from Opus 4.8 and explicitly half of Fable 5's rates. - Anthropic's pitch is one sentence: "near-Fable-5 intelligence at half the price." -
FLUX 3 Generates 20-Second Video Audio and Robot Actions
TL;DR
- FLUX 3 from Black Forest Labs is the first model jointly trained on images, video, and audio in a single unified architecture, launched in 2026. - Headline feature: text-to-video clips up to 20 seconds with native synchronized audio including dialogue, sound effects, and ambient noise. - Four
White House Accuses Moonshot AI of Stealing Anthropic's Fable
Key Takeaways
- Michael Kratsios, director of the White House Office of Science and Technology Policy, publicly accused Moonshot AI of distilling Anthropic's Fable model to build its K3 model on July 23, 2026. - Treasury Secretary Scott Bessent said he is considering adding Moonshot AI to a