Alphabet drops 4% as Gemini 3.5 Pro slips months behind schedule
What's new: Bloomberg reported Google's flagship AI model missed internal coding targets as OpenAI and Meta roll out newer rivals.
Subject
US hit most Brazilian goods with 25% tariffs starting July 22
What's next: A separate US forced-labor probe could add another 12.5% duty on Brazilian imports as soon as next week.
Bloomberg, The New York Times +4
Samsung sets July 22 London launch for 3 new foldable phones
What's next: The lineup is expected to include a shorter, wider Galaxy Z Fold 8 as Samsung moves ahead of Apple's first foldable later this year.
Bloomberg, Antara News
Meta cuts AI smart-glasses entry price to $299 with new line
What's new: The glasses are Meta's first without Ray-Ban or Oakley branding and ship with its Muse Spark AI model.
Bloomberg, CNBC +2
YouTube settles teen addiction suit ahead of July California trial
What's next: Meta, TikTok and Snap still face a July 27 trial in Los Angeles over claims their platforms harmed minors.
Gain City hit by fake 1-star reviews in suspected Google extortion scam
What's new: The retailer filed police and Google reports after WhatsApp messages offered paid removal of the reviews.
G7 pushes AI access plan after US curbs Anthropic model abroad
What's new: Leaders backed a "trusted partners" scheme that could let allies use advanced US models despite Trump's foreign-access block.
The New York Times, Bloomberg +1
UK orders Google to open search rankings and data transfers
What's new: Google has six months to change ranking rules and three months to let users move search data to rivals.
Stanford graduates walk out as Sundar Pichai gives keynote
What's new: Protesters cited Google's AI work and contracts tied to ICE, while others waved Palestinian flags during the ceremony.
BBC News (US & Canada), Fox News
Shopee cuts hundreds of developer jobs in global AI pivot
What's new: The cuts equal about 8% of Shopee's developer workforce and hit roles including quality assurance.
Apple rolls out Siri AI revamp at WWDC, with EU launch delayed
What's next: A beta reaches supported English-language devices later this year, but Apple said it will not ship in the EU yet.
Earlier: Apple heads into WWDC with Siri overhaul central to AI pushSeries: Apple · Wwdc Siri AI Overhaul · 3 chapters since Jun 5UK readies social media ban for under-16s within days
What's next: Ministers are weighing either a blanket ban or limits on key app features, using age checks introduced for porn sites in 2025.
Bloomberg, The Straits Times
UK gives tech firms 3 months to block nude images for children
What's next: Companies could face fines and even criminal liability for executives if they fail to add the controls.
White House AI adviser Sriram Krishnan steps down
What's next: Krishnan will stay on as an outside adviser as the Trump administration pushes a lighter-touch AI policy.
Bloomberg, The Straits Times +1
Google locks in $920 million-a-month AI capacity deal with SpaceX
What's new: The pact covers about 110,000 Nvidia GPUs through June 2029 and gives Google an exit if capacity misses a Sept. 30, 2026 deadline.
Google struck $920 million-a-month AI capacity deal with SpaceX
What's new: The contract runs through June 2029 for about 110,000 Nvidia GPUs, with Google able to walk away if capacity misses a Sept. 30 deadline.
Google signs $920 million-a-month AI compute deal with SpaceX
What's new: The contract runs through June 2029 for about 110,000 Nvidia GPUs, with Google able to walk away if capacity targets are missed.
Anthropic files for IPO, setting up a major test of AI valuations
What's next: The offering could expose Anthropic's gross margins and reset pricing for private AI rivals.
Bloomberg, CNBC
Canada sets C$2 billion AI plan to build capacity and keep talent
Why it matters: Ottawa wants domestic supercomputing, data centers and immigration pathways as it tries to cut reliance on foreign providers.
Earlier: Canada maps out C$2 billion AI push focused on jobs and sovereigntySeries: Canada · National AI Strategy · 6 chapters since Jun 5Canada sets C$2 billion AI plan to build capacity and keep talent
Why it matters: Ottawa wants domestic data centers, a public supercomputer and 250,000 AI-linked jobs by 2030.
Earlier: Canada rolls out C$2 billion AI plan to build compute, keep talentSeries: Canada · National AI Strategy · 6 chapters since Jun 5Canada puts more than C$2 billion behind 10-year AI plan
What's new: Ottawa wants a public supercomputer, more domestic data centers and faster residency for AI workers.
Series: Canada · National AI Strategy · 6 chapters since Jun 5Canada rolls out C$2 billion AI plan to build data centers, supercomputer
Why it matters: Ottawa wants to curb reliance on foreign providers, keep AI talent in Canada and back local firms with C$500 million.
Alphabet seeks $80 billion for AI buildout, with $10 billion from Berkshire
What's new: The Google parent plans $30 billion in underwritten sales and a $40 billion at-the-market program starting in the third quarter.
Trump orders 30-day government review of top AI models
What's new: The order also sets up an AI cyber clearinghouse after concern over Anthropic's unreleased Mythos model.
The New York Times, Bloomberg +7