OpenAI Launches Presence to Deploy Enterprise AI Agents
OpenAI launched Presence, a deployment product that helps enterprises run governed AI agents for voice and chat tasks like customer support, with human handoff and policy controls built in.
#Amazon
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Google Designs a Gemini-Specific AI Chip Called Frozen v2
Google is designing Frozen v2, a chip that hardwires parts of its Gemini model into silicon and could serve six to ten times more tokens per watt, targeting deployment by 2028.
Anthropic Lines Up Investor Meetings for an October IPO
Anthropic is scheduling investor meetings ahead of a potential IPO as soon as October, a move that could take the Claude maker public before rival OpenAI.
Meta to Start Making Its Iris AI Chip in September, Memo Shows
By
Olivia Grant
• 3 mins read
Meta plans to begin manufacturing its in-house Iris AI chip in September as it aims to double computing capacity to 14 gigawatts next year and cut its reliance on Nvidia.
Microsoft Cuts 4,800 Jobs in Latest AI-Era Layoff Round
By
Samantha Reed
• 3 mins read
Microsoft cut about 4,800 jobs, roughly 2.1% of its workforce, hitting Xbox and commercial sales hardest, the latest tech layoffs to intensify fears about AI and work.
Nvidia’s Kyber AI Rack Reportedly Delayed to 2028 on Board Snag
By
Olivia Grant
• 3 mins read
Nvidia’s Kyber rack for its 2027 Rubin Ultra chips has slipped more than a year to 2028 over a hard-to-manufacture circuit board, SemiAnalysis says, with no proven fallback.
AI Spending Set to Surpass US Defense Budget by 2027
By
Samantha Reed
• 2 mins read
Big Tech’s AI capital spending is projected to reach about 3.2% of US GDP by 2027, overtaking national defense spending as a share of the economy for the first time.
Anthropic Details Fable 5 Cyber Safeguards, Proposes Jailbreak Scale
By
Marcus Lee
• 4 mins read
Anthropic published the cybersecurity rules behind its redeployed Claude Fable 5 model and proposed an industry framework for scoring how dangerous an AI jailbreak is.
Zuckerberg Admits Meta’s AI Agent Bets Have Not Paid Off Yet
By
Samantha Reed
• 4 mins read
Mark Zuckerberg told employees that Meta’s AI agents have progressed slower than expected and its restructuring was “not as clean” as planned, a rare admission amid huge AI spending.
Microsoft is Spending $2.5 Billion to Put Engineers Inside Its Customers’ Companies
By
Samantha Reed
• 3 mins read
Microsoft is investing $2.5 billion in Frontier, a new unit that will embed 6,000 engineers with customers to help them adopt AI, joining a wider industry race into hands-on deployment.
US Lifts Export Controls on Anthropic’s Fable 5 and Mythos 5
By
Maria Konash
• 4 mins read
The US Commerce Department lifted export controls on Anthropic’s Claude Fable 5 and Mythos 5, ending an 18-day standoff and restoring the models globally from July 1.
Magnificent 7 Sheds $2.3 Trillion in June on AI Spending Doubts
By
Samantha Reed
• 3 mins read
About $2.3 trillion was wiped from the Magnificent 7 in June as investors questioned Big Tech’s huge AI spending, even as chip and memory stocks kept climbing.
Microsoft Heads for Worst Month Since 2008 on AI Spending Fears
By
Maria Konash
• 3 mins read
Microsoft is heading for its worst month since 2008 as investors worry that its heavy AI spending may not pay off and that AI could erode demand for its core software.
Bezos’s Prometheus Raises $12 Billion at $41 Billion Valuation
By
Ethan Caldwell
• 3 mins read
Jeff Bezos’s industrial AI startup Prometheus raised $12 billion at a $41 billion valuation, emerging from stealth to build AI for engineering and manufacturing.
Amazon
By
AIstify Team
• 4 mins read
Amazon is a leading cloud computing and digital commerce company shaping cloud computing, AI infrastructure, and digital platforms across AI, cloud, chips, software, devices, and enterprise technology.