Sources: DeepSeek is set to raise ~$7.4B in its first funding round from investors including Tencent and CATL at a valuation of between ~$52B and ~$59B (Reuters)

Meta, Nvidia, Microsoft, a16z, and others sign a letter defending open-source AI; Jensen Huang, in his first X post, says open models strengthen cybersecurity (Leo Schwartz/The Information)

Sources: OpenAI told Hugging Face only this week its models caused the July 11 hack; the models appear to have been active online for days before being stopped (Wall Street Journal)

Amazon tells third-party sellers to label product ads with AI-generated people to comply with a NY law requiring the disclosure of "synthetic performers" in ads (Annie Palmer/CNBC)

Google says it has $811B in contracted future spending commitments as of June, up ~$500B from March, covering chips, data centers, electricity, and more (Davey Alba/Bloomberg)

Anthropic expects Opus 5 "classifiers to intervene around 85% less often than they do for Fable 5"; Opus 5 is not included in its 30-day data retention policy (Igor Bonifacic/Engadget)

Letter: Qualcomm tells customers it plans to raise prices by double digit percentage points, after exhausting its ability to absorb higher costs from suppliers (Ian King/Bloomberg)