Google launches two new Gemini API tiers — Flex and Priority — giving developers a powerful choice between 50% cost savings for background tasks or maximum reliability for critical real-time applications, all through a single unified interface.
Microsoft AI CEO Mustafa Suleyman is shifting his full focus to pursuing superintelligence, redefining it in business terms as delivering product value, as Microsoft restructures its enterprise and consumer teams under the Copilot banner following a renegotiated OpenAI contract.
Microsoft launches three in-house AI models — MAI-Transcribe-1, MAI-Voice-1, and MAI-Image-2 — claiming best-in-class performance across speech and image generation while undercutting rivals like OpenAI and Google on price, built by teams of fewer than 10 engineers using half the GPUs of competitors.
Box launches Box Agent, a generally available AI tool enabling enterprise users to query and act on company data using natural language across OpenAI, Google, and Anthropic models, with a guarantee that sensitive enterprise data never leaks back into the underlying AI systems.
Oracle slashes 10,000 jobs in India — roughly 20% of its local workforce — as part of a sweeping global restructuring affecting 30,000 employees worldwide, with analysts saying the cuts could free up $10 billion to fuel the tech giant's aggressive AI and data centre expansion.
Cursor 3 launches as a revolutionary agent-first development platform, featuring a rebuilt interface with multi-repo support, seamless local-to-cloud handoff for uninterrupted AI agent sessions, an integrated browser, and a plugin marketplace — redefining how developers build software with AI.
Microsoft launches three powerful AI models — MAI-Transcribe-1, MAI-Voice-1, and MAI-Image-2 — undercutting Google and OpenAI on price while reaffirming its multi-billion dollar OpenAI partnership.
Sandisk drops 26% amid fears over Google's TurboQuant compression algorithm, but with Q2 data center sales surging 64% quarter-over-quarter, margins projected at 65-67%, and a $671 price target suggesting 17-18% undervaluation, analysts say the sell-off is overblown and the stock presents a strong buying opportunity.
AI recruiting startup Mercor confirms it was hit in a massive supply chain attack on open-source library LiteLLM, which sees millions of daily downloads, with extortion group Lapsus$ claiming responsibility and sharing allegedly stolen data including Slack conversations and contractor videos, while thousands of other companies may also be compromised.
Google DeepMind releases two new tools — the Gemini API Docs MCP and Gemini API Developer Skills — that together achieve a 96.3% pass rate and 63% fewer tokens per correct answer, keeping AI coding agents current with real-time Gemini API documentation.