Techmeme
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Sources: Vantage Data Centers, a major hyperscale developer, is exploring options including a sale or an IPO at a valuation of about $100B as soon as next year (Reuters)
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US-based robot vacuum maker Matic rolls out a firmware update that lets users control its $1,245 vacuum with voice commands in more than 70 languages (Chris Welch/Bloomberg)
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OpenAI previews Ultrafast, an API tier powered by Cerebras that runs GPT-5.6 Sol up to 14× faster and generates up to 750 output tokens per second (Zac Hall/9to5Mac)
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Google unveils Gemini 3.7 Flash, its "most intelligent workhorse model" for coding and agents, pricing it at $0.75/1M input and $3.75/1M output tokens at launch (Tulsee Doshi/Google)
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X makes the source code for its For You timeline available on GitHub and adds tools to let users see if X's ranking systems "shadowbanned" them (Sarah Perez/TechCrunch)
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Ramp's July AI index: Anthropic's market share hit 43.5%, widening its lead over OpenAI; Fable 5 is only 6% of tokens businesses bought, likely due to high cost (Ara Kharazian/Ramp)
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OpenAI hires Dali Rajic, COO of Alphabet's Wiz, as chief revenue officer, replacing ex-Slack CEO Denise Dresser, who was hired in December 2025 and will leave (Shirin Ghaffary/Bloomberg)
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HPE secures court approval for its settlement with the US DOJ over its takeover of networking company Juniper, defeating a challenge by Democratic state AGs (Bloomberg)
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Tech hardware companies report the highest US CBP tariff refunds at $2.5B across six companies, including $2.2B in refunds to Apple alone; Amazon received $640M (Wall Street Journal)
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Sources: AMD plans to raise as much as $5B in what could be the chipmaker's biggest-ever investment-grade bond sale, as it ramps up spending to meet AI demand (Brian W Smith/Bloomberg)
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DeepSeek raises prices, adding dynamic pricing, ahead of a potential IPO; V4-Flash output tokens go from $0.28/1M to $1.32 during peak hours and $0.66 off-peak (Saritha Rai/Bloomberg)
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Databricks closed a $5B funding round at a $190B valuation, six months after raising $5B at a $134B valuation, and says it has crossed $7B in revenue run rate (Samantha Subin/CNBC)
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Microsoft begins merging its consumer and commercial Copilot apps into a single app, with a mobile and web rollout in mid-August and desktop in mid-September (Todd Bishop/GeekWire)
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Flock CEO Garrett Langley acknowledges the startup "got this one wrong" and says Flock is assuming greater responsibility for how law enforcement uses its tech (Lauren Feiner/The Verge)
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Inside SK Hynix's $720B Yongin Cluster, which it says will be the world's largest network of memory factories and is set to go into production in February 2027 (Katie Tarasov/CNBC)