Anthropic’s revenue surged to $47 billion by May 2026, a jump from $9 billion in 2025, according to Menlo Ventures’ Matt Murphy.
OpenAI announced a $750 billion infrastructure investment through 2030, a 25% increase from earlier estimates, as it seeks to expand its data center operations.
Substack has introduced a feature that identifies AI-generated content in newsletters, using Pangram to estimate human vs. AI contribution in posts, comments, and replies.
Arcee's CTO Lucas Atkins argues Chinese open-weight AI models pose no greater threat than other open-source software, despite concerns over security and competition.
Monday.com is cutting 20% of its workforce, or about 630 employees, to refocus on AI projects.
Yope, a private social network, raised $12.3 million in seed funding to develop a platform with no algorithms or ads, targeting young users.
Travis Kalanick’s robotics company Atoms raised $1.7 billion in a funding round led by Andreessen Horowitz, with Uber also participating.
AMD announced technical preview support for Radeon AI PRO R9700 and PRO W7900 GPUs in its enterprise AI reference stack, including the AMD GPU Operator and AIMs.
AMD introduces ROCm AIC, a new KV cache storage tier, to address growing bottlenecks in AI inference. The solution supports up to 10 million token contexts and reduces HBM waste by 600 GB per request.
AMD launches Spur, a GPU-first job scheduler, to address challenges in managing GPU clusters for AI and HPC workloads. The tool supports up to 64 MI300X GPUs across 8 nodes.
Anthropic released the Economic Index Connector for Claude on July 22, 2026, enabling users to explore AI's economic impact through direct data queries.
