Apple sued OpenAI on July 10, 2026 alleging systematic trade-secret theft via employee poaching for hardware ambitions. The complaint names OpenAI, two former Apple executives, and Jony Ive's io Products, acquired for $6.4 billion. Musk and Altman traded insults on X as both companies approach IPO milestones.
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UK and US AI safety agencies found Kimi K3 scores only 32.2% on exploit benchmarks versus 76.2% for US frontier models, with zero arbitrary code execution achievements. Results align with distillation allegations.
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DARPA and the U.S. Air Force have successfully flown an AI-controlled F-16 using the VENOM Autonomy Kit, marking the first retrofit of an older fighter jet with autonomous capabilities. The test paves the way for human pilots to manage swarms of AI wingmen.
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AMD commits up to $5 billion in Anthropic as the AI startup deploys two gigawatts of Instinct MI450 accelerators starting in 2027, marking AMD's largest single-customer infrastructure deal.
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Chinese AI lab Moonshot's open model Kimi K3 rattled Wall Street while an OpenAI pre-release model breached Hugging Face, exposing AI supply-chain risks. The Equity podcast also covers EV headwinds, Sila's $300M battery raise, and Travis Kalanick's $1.7B robotics venture Atoms.
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Two dozen companies including Meta, Microsoft, Nvidia, and IBM signed an open letter urging US policymakers to protect open-weight AI models, arguing they lower costs, increase competition, and improve security through transparency.
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SenseTime launches the Galaxy Project with nearly 20 partners to scale domestic AI chip infrastructure in China, claiming 25x token throughput growth by Q4 2026 and a heterogeneous hybrid inference stack across seven domestic chip vendors.
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SpaceX has placed a $52 billion order with Foxconn for nearly 1 million Nvidia GB300 GPUs, marking one of the largest AI infrastructure investments. Deliveries are expected from Q4 2026 to Q1 2027.
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AMD launches Helios AI rack-scale system with 72 MI455X GPUs and 18 EPYC Venice CPUs, claiming 30% better tokens-per-dollar than Nvidia. OpenAI, Anthropic, Meta, and Microsoft commit to gigawatt-scale deployments starting Q4 2026.
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