Surging AI costs are driving companies toward cheaper, smaller models, with Coinbase's Brian Armstrong predicting 80% of workloads will migrate to models 99% cheaper within 18 months, threatening the core business models of AI giants OpenAI and Anthropic.
Anthropic launches two powerful Mythos-class AI models — Fable 5 for the public and Mythos 5 with lifted safeguards for cyberdefenders — pushing forward despite industry calls for a slowdown, backed by a $65 billion funding round valuing the company at nearly $1 trillion.
Microsoft is cutting up to 400 Azure cloud jobs in China, with employees in Beijing and Shanghai losing their roles on July 6 as tightening U.S. and Chinese data regulations continue to squeeze the tech giant's operations in the region.
Apple is expanding its Private Cloud Compute infrastructure beyond its own data centers for the first time, partnering with Google Cloud and NVIDIA to run Apple Intelligence workloads while maintaining strict privacy and security guarantees through cryptographic verification and dual-vendor attestation.
Google launches Gemini Personal Intelligence in beta, connecting AI to Gmail, Photos, YouTube, and more to deliver deeply personalized recommendations and responses based on users' real data and past preferences.
Apple launches a reimagined Siri powered by Apple Intelligence, bringing personal context awareness, Visual Intelligence, and cross-device conversation sync to iOS 27, iPadOS 27, macOS 27, and visionOS 27, with developer testing now open and a public beta coming later this year.
Apple drops sweeping AI upgrades across its entire ecosystem at WWDC 2026, introducing powerful new Apple Intelligence features including AI-powered photo recomposition, smarter Safari tools, auto-fixing compromised passwords, and quasi-agentic capabilities that let users build extensions and shortcuts just by describing what they want.
Standard Bots hits a $1 billion valuation after raising $200 million led by General Catalyst and RoboStrategy, accelerating US robotic arm manufacturing as competition with China in AI-powered robotics intensifies.
Apple unveils a rebooted Siri AI at WWDC 2026, betting that privacy-first Personal Context — tailoring responses using on-device data — will outshine Google and OpenAI's more advanced but less trusted AI offerings.
Apple unveils next-generation AI features powered by a Google Gemini partnership, bringing privacy-first intelligence to iPhone, iPad, Mac, Apple Watch, AirPods, and Vision Pro, with tools like Spatial Reframing, AI-powered Safari, and an upgraded Siri rolling out this fall across iOS 27, iPadOS 27, macOS 27, watchOS 27, and visionOS …