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Cursor unveiled its first from-scratch AI model, an agent-first Git platform called Origin and an iOS app, days after SpaceX’s $60 billion acquisition of its parent.

Web3 gaming unicorn Immutable cut 29 roles and gutted its in-house game studios to focus on Audience, an AI marketing platform for the broader games industry.

SK Hynix filed to raise about $29 billion through a Nasdaq ADR listing set for July 10, roughly double earlier estimates, to fund its AI memory expansion.

Anthropic launched Claude Tag, a Slack agent teams summon with @Claude to delegate tasks, with shared channel memory and the ability to act on its own.

Qualcomm agreed to acquire Modular, the AI software startup led by Chris Lattner, to build a hardware-agnostic software layer and challenge Nvidia in data center AI.

ByteDance’s record offshore loan would nearly double its 2024 facility and help fund capital spending that could reach $70 billion this year on AI data centers.

ByteDance unveiled Doubao 2.1 Pro, which it claims beats Claude Opus 4.6 at 80% lower cost, and previewed Seedance 2.5, a 30-second video model.

A new Anthropic privacy policy taking effect July 8 lets the company ask some flagged Claude users to upload government IDs and submit biometric selfies.

The back-to-back exits of Noam Shazeer and AlphaFold’s John Jumper expose Google’s retention struggles as funded rivals lure away frontier AI researchers.

Google is investing about $75 million in indie studio A24, pairing it with DeepMind to build AI filmmaking tools in its first stake in a studio.