BusinessJustin McLeod raises $18M for Overtone, an AI-driven voice-first introductions serviceJustin McLeod, founder of Hinge, has raised $18 million for Overtone, a new dating company that emphasizes voice and AI-curated introductions rather than conventional profile-and-swipe mechanics.2 min read
BusinessSaudi AI firm HUMAIN to provide 50 MW of compute to Cohere, partner on Arabic modelsHUMAIN, Saudi Arabia’s state-backed AI infrastructure champion, will supply at least 50 megawatts of computing capacity to Canadian large language model developer Cohere beginning in late 2027.2 min read
BusinessMeta may cap engineers' AI token spending as costs rise, says Adam MosseriAdam Mosseri, head of Instagram at Meta, suggested on Lenny’s Podcast that within a year or two the company might need to limit engineers’ AI token spending if it matches their salary or employment cost.2 min read
BusinessReflection AI Secures $1 Billion Compute Agreement with NebiusReflection AI, an $8 billion startup developing open-weight AI models, has signed a $1 billion compute deal with European AI infrastructure provider Nebius for access to Nvidia’s latest chips.2 min read
BusinessPixVerse raises $439M in Series C extension, valuation tops $2 billionSingapore-based video-generation startup PixVerse has closed a $439 million Series C extension, bringing its valuation above $2 billion.3 min read
BusinessNous Research nears new funding round at $1.5 billion valuationNous Research, developer of the open-source agent Hermes, is closing a new financing round led by Robot Ventures that values the company at $1.5 billion.3 min read
BusinessAnthropic opens Sydney office and names Theo Hourmouzis GM for Australia and New ZealandAnthropic has appointed Theo Hourmouzis as General Manager for Australia and New Zealand and officially opened a Sydney office as part of expanded regional investment.3 min read
BusinessExperts Doubt Viability of Space-Based Data Centers Backing SpaceX ValuationA public spat between Sam Altman and Elon Musk has highlighted skepticism among experts about the business case for orbital data centers, a key rationale for SpaceX’s roughly $2 trillion valuation.3 min read
BusinessTencent leads consortium that repurchases Chinese AI startup Manus after Beijing reverses Meta saleBeijing has forced the reversal of Manus’s $2 billion sale to Meta in December 2025 and arranged a buyback led by Tencent, which will take the largest minority stake.2 min read
BusinessSamsung tells Health app users to allow AI training or lose synchronized dataSome Samsung Health users received an in-app notice asking them to permit Samsung to use their health data for artificial intelligence training and modeling.2 min read
BusinessSK Hynix Nasdaq debut highlights strong investor interest in AI-driven memory demandSK Hynix made a high-profile Nasdaq debut on July 10, 2026, with shares opening at $170, about 14% above the offering price, rekindling investor optimism in AI-related semiconductor demand.2 min read
BusinessUST integrates Anthropic's Claude into engineering workflows for physical productsUST has started embedding Anthropic’s Claude across its engineering platforms to assist in chip validation, manufacturing verification, and industry-specific workflows in healthcare, telecom and banking.4 min read
