Techmeme
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Moonshot AI releases Kimi K3, a 2.8T-parameter AI model that it says rivals Opus 4.8 and GPT 5.5, and plans to release model weights by July 27 (Kimi)
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After reports of GPT-5.6 deleting files, OpenAI says the issue most often occurs in full-access mode without sandboxing and it is working to mitigate the risk (Tibo/@thsottiaux)
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Crypto.com raised $400M from Citadel Securities in its first institutional funding round, valuing the Singapore-based crypto exchange at $20B (CoinDesk)
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Sources: Google is months behind schedule on delivering Gemini 3.5 Pro because the company has been trying to improve its capabilities, particularly in coding (Bloomberg)
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Beehiiv launches Community, which lets subscribers chat with each other, adds programmatic ads and an AI tool that helps creators manage their audiences (Ivan Mehta/TechCrunch)
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Meta's Oversight Board says top AI models may be restricting free expression in its first evaluation of LLMs, as it seeks to expand its influence beyond Meta (Karissa Bell/Engadget)
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Google says users in the US can now link to and interact with some apps in AI Mode, including Instacart, Canva, and YouTube Music (Aisha Malik/TechCrunch)
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Roblox unveils Build, which lets users create basic games through text prompts directly within its mobile app, powered by Roblox's models and open-source models (Jay Peters/The Verge)
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Fora, which connects travel agents with travelers and offers agents AI tools, raised a $60M Series D at a $1B valuation led by Forerunner and Tactile Ventures (Dominic-Madori Davis/TechCrunch)
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Google renames NotebookLM to Gemini Notebook and rolls out an update giving every notebook a secure cloud computer, letting it write and execute code natively (Josh Woodward/Google)
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San Diego-based Self Inspection, which uses AI to assess body damage on a car with as little tech as a smartphone camera, raised $10M led by Sheryl Sandberg (Sean O'Kane/TechCrunch)
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Filing: a Chinese luggage maker says a fund in which it invested deployed ~$420M for an indirect 0.8265% stake in DeepSeek, implying DeepSeek is valued at ~$52B (Eduardo Baptista/Reuters)
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Visa debuts the Visa Stablecoin Platform, an internal system to help its network of ~15K financial institutions and 200M+ merchants more easily use stablecoins (Camila Grigera NaĂłn/Fortune)
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OnePlus confirms it will no longer operate in North America or Europe but will keep operating in China, while Realme, another Oppo sub-brand, will exit China (CNET)
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China, Russia, Belarus, Serbia, Cuba, Brazil, Venezuela, and 22 other countries sign an agreement to create the World AI Cooperation Organization in Shanghai (Reuters)