Thursday, 23 July 2026
Cursor ships a router to cut model costs 60%
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Cursor Router classifies each coding request and picks the model for it, trained on 600,000+ live requests, with Intelligence, Balance, and Cost modes.
Kalanick's Atoms raises $1.7B
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Travis Kalanick's industrial robotics holding company Atoms raised $1.7 billion led by a16z, reuniting him with Uber as an investor.
Etched raises $300M at $10.3B valuation
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Inference-chip startup Etched doubled its valuation in about seven months, closing a Sequoia-led Series C weeks after booking its first $1B in chip orders.
200 startups urge Trump: don't ban China AI
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The newly formed Little Tech Association, backed by Y Combinator and Proton, asked Trump officials not to impose a blanket ban on Chinese open-weight AI models.
ChatGPT Health relaunches to all US users
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OpenAI reopened ChatGPT Health nationwide with Apple Health and medical-record integration via b.well, six months after a limited pilot drew weak feedback.
AMD to invest up to $5B in Anthropic
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AMD and Anthropic signed a chip-and-investment deal: up to 2 gigawatts of Instinct MI450 GPUs for Anthropic, up to $5 billion in AMD equity investment.
Runway launches a generative-media router
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Runway's new Media Router picks the best image, video, or audio model for a job across its own and third-party models as the market gets crowded.
$40B Aligned Data Centers deal closes
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BlackRock's GIP, Abu Dhabi's MGX, and an Nvidia/Microsoft-backed group closed the largest-ever data center M&A deal, buying Aligned's 6.4GW portfolio.
Gemini app nears 1 billion users
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Sundar Pichai said the Gemini app reached 950 million monthly active users on Alphabet's Q2 earnings call, adding roughly 200 million users in four months.