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TechnologyOnsemi to Acquire Synaptics for $7 Billion in All-Stock Deal
ON Semiconductor agreed to acquire Synaptics for about $7 billion in an all-stock deal, its largest ever, combining its power and sensing chips with Synaptics' edge-AI processors to push into physical AI.
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TechnologyMicrosoft Launches $2.5 Billion Frontier Company to Embed 6,000 AI Engineers
Microsoft launched Frontier Company on July 2, committing $2.5 billion and 6,000 engineers to embed inside enterprise customers and build AI systems, joining Amazon, OpenAI, and Anthropic in the forward-deployed race.
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Intelligence BriefThe Intelligence Brief: LeBron Leaves the Lakers, JAIDE Lands the First Air Jordan 11 Collab, and AI Takes 43% of Venture Funding — July 4, 2026
Value concentrated at the top this week: OpenAI and Anthropic took 43% of all H1 venture funding, Jordan Brand handed JAIDE the first Air Jordan 11 collab in 30 years, and LeBron James left the Lakers to chase fit on his own terms.
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TechnologyAlibaba Bans Employees From Using Anthropic's Claude Code
Alibaba banned employees from using Anthropic's Claude Code from July 10 after code that detects China-based users surfaced; Anthropic calls it anti-distillation protection, and staff are told to use Qoder.
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TechnologyMidjourney Asks Court to Make Disney, Universal, and Warner Bros. Reveal Their AI Use
Midjourney asked the court to compel Disney, Universal, and Warner Bros. to disclose their own generative-AI use — a discovery gambit built on fair-use and unclean-hands defenses in their copyright fight.
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TechnologyAnthropic in Talks With Samsung to Develop a Custom AI Chip
Anthropic is in early talks with Samsung to manufacture a custom AI chip, The Information reported July 2 — a hedge against its heavy reliance on Nvidia even as Google and Amazon silicon stays central.
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Daily RoundupThe Daily Roundup: Messi and Argentina Close the World Cup Round of 32, Nike Ja 3 'Tiger' Drops, Minions & Monsters Owns July 4, and OpenAI's $122B Raise — July 3, 2026
Messi and Argentina close out the World Cup Round of 32 against Cape Verde in Miami, the Nike Ja 3 "Tiger" and KD 6 "Meteorology" both drop today, Minions & Monsters eyes a $65M-plus July 4 opening, and OpenAI raises $122 billion.
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TechnologyQualcomm to Acquire AI Software Startup Modular in $3.92B All-Stock Deal
Qualcomm is buying Chris Lattner's Modular for $3.92 billion in an all-stock deal, a bid to challenge Nvidia's CUDA with a vendor-neutral AI software layer spanning edge to cloud.
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TechnologySpotify Removes 500,000 Streams of No. 1 Song After Suspicious Kalshi Bets
Spotify removed more than 500,000 streams of Malcolm Todd's 'Earrings' after confirming bot activity, following a Kalshi trader's claim that others rigged the song's chart run to win prediction-market bets.
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TechnologyOpenAI Proposes Giving the US Government a 5% Stake
OpenAI is reportedly in talks to give the US government a 5% stake, worth about $42.6 billion at its $852 billion valuation, as part of a broader plan for Washington to hold 5% of each leading US AI company.
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TechnologyBaseten Raises $1.5 Billion Series F at Up to $13 Billion Valuation
Baseten raised a $1.5 billion Series F led by Altimeter Capital, Conviction, and Spark Capital, valuing the AI inference startup at up to $13 billion — five months after a $300 million round at a $5 billion valuation.
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Daily RoundupThe Daily Roundup: Air Jordan 4 'She's A Star' Drops, World Cup Round of 32 Knockouts, Essence Fest Lineup, and Together AI's $800M Raise — July 2, 2026
The Air Jordan 4 'She's A Star' drops today at $165, the World Cup Round of 32 reaches Spain, Portugal, and Switzerland, Essence Festival returns to New Orleans, and Together AI raises $800 million at an $8.3 billion valuation.