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by Julian Bond, Voidstar

Hugging Face publishes a timeline of the OpenAI agent intrusion, including how the agent took ~17.6K actions, and details using GLM-5.2 to analyze the attack (Hugging Face) + RELATED

Hugging Face publishes a timeline of the OpenAI agent intrusion, including how the agent took ~17.6K actions, and details using GLM-5.2 to analyze the attack (Hugging Face)

Sources: the OpenAI agent that breached Hugging Face also compromised a customer at AI infrastructure company Modal Labs (Reuters)

OpenAI says the rogue AI that breached Hugging Face used exposed credentials from "four accounts" tied to four "publicly available" third-party services (Wired)

Over 1,100 staffers from AI companies, including John Schulman and OpenAI's Jakub Pachocki, sign a letter requesting the US government to "pace" AI development (Bloomberg) + RELATED

Over 1,100 staffers from AI companies, including John Schulman and OpenAI's Jakub Pachocki, sign a letter requesting the US government to "pace" AI development (Bloomberg)

OpenAI and Anthropic release statements in support of the "Pacing the Frontier" initiative; Anthropic says Dario Amodei and several co-founders have signed it (Anhata Rooprai/Reuters)

Mark Zuckerberg argues that superintelligence should be widely distributed as a tool that empowers everyone, rather than centralized in a few institutions (Mark Zuckerberg/Wall Street Journal) + RELATED

Mark Zuckerberg argues that superintelligence should be widely distributed as a tool that empowers everyone, rather than centralized in a few institutions (Mark Zuckerberg/Wall Street Journal)

Mark Zuckerberg says the US should not ban Chinese AI models and that AI model peer reviews or vetting could be positive if "done well with thoughtful people" (Hannah Murphy/Financial Times)

The US FCC bans importing Chinese humanoid robots and power inverters to protect the US AI buildout from national security threats and to reshore key industries (Reuters)

Anthropic says Claude Mythos Preview was able to break a weaker version of AES and orchestrated another improved attack against the cryptographic system HAWK (Dustin Volz/New York Times)

OpenAI releases an "early" version of the open-source Codex Security CLI for scanning repositories, verifying fixes, adding CI/CD security checks, and more (@openai)

Q&A with Sam Altman on the Hugging Face breach, the race for compute, distillation, open source, the concentration of power, robotics, OpenAI's future, and more (Invest Like The Best on YouTube)

SK Hynix reports Q2 revenue up 257% YoY to ~$54.34B, below ~$57.56B est., and operating profit up 557% YoY to ~$41.48B, below analyst estimate of ~$43.85B (Jenny Lee/CNBC)

GPTZero finds AI hallucinations in four PwC Middle East reports; GPTZero's earlier investigations led EY and KPMG to retract reports with similar issues (Stephen Foley/Financial Times)

The Agentic AI Foundation updates MCP with a fully stateless architecture, a hardened authentication model, a formal 12-month deprecation policy, and more (Michael Nuñez/VentureBeat)

ETH Zurich spinout ZuriQ, which is developing trapped-ion quantum computing processors based on a 2D architecture, raised a $25.5M seed led by Quantonation (Tamara Djurickovic/Tech.eu)

xAI sues Minnesota's AG over a state law banning apps and sites that create fake, sexualized pictures of individuals, claiming it violates the First Amendment (Riley Moser/CBS News)

A look at Kioxia, the Japanese NAND flash maker that went from being cash-strapped in 2023 to an expected 30-fold jump in operating income in Q1 FY 2026 (Bloomberg)

eBay and former executives agree to pay a nearly $56M settlement to resolve a 2021 civil case over the 2019 stalking and harassment of two e-commerce bloggers (Annie Palmer/CNBC)

Doctors and researchers worry that FDA-related wagers on Kalshi and Polymarket could compromise drug development tests and erode public trust in the process (Rebecca Robbins/New York Times)

Security- and AI-related startups have raised $855M across more than 150 reported seed-stage rounds this year, on track for an all-time high (Joanna Glasner/Crunchbase News)

July 16 letter: the US EPA says power plants providing electricity only to data centers and not to the public grid wouldn't be subject to federal pollution laws (Tim McLaughlin/Reuters)

Sources: Google DeepMind has reassigned the majority of the original authors of the AlphaFold papers; about a quarter of the papers' full-time authors have left (Madhumita Murgia/Financial Times)

Coursera is investing $100M in LearnVector, a new AI education company founded by Andrew Ng that aims to build AI agents that function as personal tutors (Ina Fried/Axios)

Anthropic faces backlash from Silicon Valley partners, founders, and researchers for competitive tactics, guardrails, and lack of support for open-weight models (Wall Street Journal)

NYC-based AI startup Runlayer sues Rippling for allegedly stealing trade secrets to "build essentially a clone" of Runlayer's safety and governance product (Taylor Herzlich/New York Post)

NXP reports Q2 revenue up 19% YoY to $3.5B, vs. $3.46B est., as it struggled to impress investors with a generally upbeat Q3 forecast; NXPI down 5%+ after hours (Christina Kyriasoglou/Bloomberg)

Meta and BlackRock form a strategic venture to develop a 1GW data center campus in El Paso, Texas, set to cost ~$14B and bring capacity online starting in 2028 (Meta Newsroom)

Bitcoin miner and AI infrastructure company Ionic Digital surged more than 25% to nearly $63 in its Nasdaq debut, giving it an implied valuation of ~$2.75B (Kyle Baird/The Block)

Tel Aviv-based Hush Security, which lets organizations securely control enterprise AI agents, raised a $30M Series A, bringing its total funding to $41M (Ionut Arghire/SecurityWeek)

Seagate reports Q4 revenue up 49% YoY to $3.6B, vs. $3.5B est., adjusted earnings of $5.71 a share, above analysts' forecast of $5.10; STX jumps 6%+ after hours (Nate Wolf/Barron's Online)

Core Scientific and AMD announce a deal under which AMD will secure 500+ MW of US data center capacity starting in 2027, with the ability to scale up to 2.5 GW (Naga Avan-Nomayo/The Block)

Sources: Apple is preparing to debut a smart home hub with a 7" square display and facial recognition tech, a new Apple TV, and a refreshed HomePod mini in 2026 (Mark Gurman/Bloomberg)

Apple launches Apple Upgrade, a new US leasing program in partnership with Klarna that replaces the iPhone Upgrade Program, starting at $17.99/month for iPhones (Juli Clover/MacRumors)

Memo: Visa is cutting ~2,600 jobs, or ~7% of staff, primarily affecting tech and product teams; source: Visa plans to reinvest in stablecoin and other offerings (Paige Smith/Bloomberg)

Sources: OpenAI and Anthropic are lobbying the Trump administration to make sure lagging competitors also have to comply with government reviews of their models (Stephanie Palazzolo/The Information)

Data security startup Cyera, founded in 2021, agrees to acquire Oasis Security, which was founded in 2022 and provides non-human identity security, for $1B (Kyle Alspach/CRN)

Mate, which is developing a platform to allow AI agents to detect, respond to, and proactively hunt threats, raised a $35M Series A led by Canaan Partners (Meir Orbach/CTech)

Corning's stock closed down 12.1% after weak Q3 guidance, as production limits on its AI connectivity products squeeze its growth; Q2 sales rose 17% to $4.74B (Adriano Marchese/Wall Street Journal)

Fish Audio, which offers AI voice models for creators and enterprises and generates $21M in ARR, raised a $52M seed led by Coreline Ventures and Capital Today (Ivan Mehta/TechCrunch)

Sources: Moonshot is seeking access to more Nvidia Blackwell chips to prepare for Kimi K4's development, after training K3 on Nvidia chips, including Blackwell (The Information)

Filing: Shein says its US business is under FTC investigation and it is "cooperating", without giving specifics, as the company prepares for an IPO in Hong Kong (Gabrielle Fonrouge/CNBC)

GrubMarket, which connects wholesalers and distributors to grocers and other food buyers, confidentially files for a US IPO; it was valued at $4.5B in February (Arasu Kannagi Basil/Reuters)

PayPal reports Q2 revenue up 5% YoY to $8.68B, above $8.47B est., transaction margin dollars up 1% YoY to $3.9B, and a $1.1B profit, down from $1.26B in Q2 2025 (Elias Schisgall/Wall Street Journal)

Sources: Amazon overhauls its AI strategy, deprecating most of its flagship Nova AI models, as it shifts resources to its Frontier Model Research initiative (Eugene Kim/Business Insider)

LSEG data: prices for credit default swaps, a closely watched gauge of risk, tied to Oracle, SpaceX, Alphabet, Nvidia, and others rise sharply to record highs (Financial Times)