Anthropic Is in Talks with Samsung to Co-Develop Custom AI Chips

AI News Brief: Anthropic is in early-stage talks with Samsung to explore co-developing its own custom AI chips. The Information disclosed this on Thursday, just months after Reuters reported in April that Anthropic was considering making its own chips due to supply shortages. The partnership remains in very early stages, and Anthropic has yet to decide on the chip’s specific use, ser…

2026-07-03 · 3 min · 501 words · Judy

Zuckerberg Tells Staff AI Agent Development Progress Falls Short of Expectations

AI News Brief: Meta CEO Mark Zuckerberg admitted during Thursday’s internal all-hands meeting that AI agent development hasn’t accelerated as top leadership had previously expected. Earlier this year, Meta laid off roughly 8,000 employees — about 10% of its corporate headcount — and reassigned 7,000 people to multiple AI-related departments, including a new organization called ‘Agent Transformation’…

2026-07-03 · 3 min · 488 words · Judy

Meta Quietly Launches AI-Assisted Gaming App Pocket

AI News Brief: Meta quietly launched a new app called Pocket on June 29, 2026, simultaneously on App Store and Google Play. This app lets users generate small interactive apps and games through text AI prompts — these interactive experiences are called ‘gizmos’ on the platform. Pocket was born from Meta’s earlier acquisition of the Gizmo development team…

2026-07-02 · 3 min · 462 words · Judy

Jersey Mike's IPO Filing Reveals How Bad the AI Hype Bubble Has Become

AI News Brief: Sandwich chain Jersey Mike’s recently filed its IPO paperwork, and one detail caught tech media’s attention: this S-1 filing mentions “artificial intelligence” or the abbreviation “AI” 22 times when communicating with investors. By comparison, “software” appears 52 times and “data” a whopping 112 times — yet the company’s core business is selling submarine sandwiches, not building AI products.

2026-07-02 · 3 min · 559 words · Judy

OpenAI Proposes Donating 5% Equity to a US Sovereign Wealth Fund

AI News Brief: OpenAI CEO Sam Altman has reportedly pitched the US government on a plan to transfer 5% of the company’s equity to a US sovereign wealth fund. If implemented, the US government would directly hold a stake in OpenAI through a national fund, letting the general public indirectly share in the financial gains from the AI boom. The move has also reignited broader debate over whether AI industry wealth should be opened up to the public in a more inclusive way rather than concentrated among a handful of private investors.

2026-07-02 · 2 min · 398 words · Judy

Indian Tech Tycoon Invests $30M of His Own Money to Build AI Alternative to Microsoft Office

AI news flash: Indian serial entrepreneur Bhavin Turakhia (46) self-funded $30 million to found enterprise AI platform Neo. His core argument: workplace software designed before the AI era cannot be upgraded by simply adding chatbots; it must be rebuilt from scratch. He uses the analogy ‘you can’t build an iPhone using Nokia parts’ to illustrate this point. Neo began internal use in April…

2026-07-02 · 3 min · 496 words · Judy

Ashton Kutcher Leaves Sound Ventures to Launch New VC Firm with Morgan Beller

AI News Flash: Ashton Kutcher announces departure from Sound Ventures, co-founded with Guy Oseary, to launch a new VC firm with partner Morgan Beller. Sound Ventures is known for concentrated high-conviction bets, focusing its investment strategy on leading AI labs across categories, with a core style of selecting few targets and deep positioning.

2026-07-02 · 2 min · 372 words · Judy

SpaceX Unveils AI Device Prototype, Design and Features Resemble Smartphone

AI News Flash: WSJ reports Musk’s SpaceX showed investors a ‘phone-like’ AI device prototype, described as slimmer and more elongated than an iPhone, with a style between a compact touchscreen phone and Rabbit R1. SpaceX privately demonstrated to investors and stakeholders before public disclosure, noting it’s still early stage and design may evolve. Musk himself directly denied the report, calling it ‘completely untrue’.

2026-07-02 · 3 min · 511 words · Judy

South Korean Tech Giants Commit Over $55B to Capture High-Bandwidth Memory Market Amid AI Chip Memory Crisis

AI news flash: Samsung and SK Hynix announced an investment of approximately $51.8B to build four new memory fabs in southwestern Korea, plus $520M for an HBM packaging center. President Lee Jae-myung unveiled the plan during a national investment briefing, with tech and energy giants committing $356B to AI data centers by 2035. Combined, Korean industry has pledged over $90B to AI.

2026-06-30 · 3 min · 476 words · Judy

Crypto Exchange OKX Enables AI Agents to Hire and Pay Each Other Autonomously

AI Breaking News: OKX officially opens its new OKX AI platform to developers at the end of June 2026, a service marketplace specifically designed for AI agents, enabling them to hire each other, settle payments autonomously in stablecoins, and build portable reputation records on the blockchain. The platform launches after closed testing with 50 early AI service providers, targeting developers building crypto applications and individual entrepreneurs looking to automate business via AI agents.

2026-06-30 · 3 min · 470 words · Judy
Get our weekly AI digest:

AI engineering, trading systems, automation — curated weekly. No spam.