
US agencies miss GENIUS Act stablecoin deadline, rules slip to January 2027
Six federal agencies failed to finalize GENIUS Act stablecoin regulations by the July 18, 2026 statutory deadline, leaving issuers in a legal grey zone until January 2027.
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Six federal agencies failed to finalize GENIUS Act stablecoin regulations by the July 18, 2026 statutory deadline, leaving issuers in a legal grey zone until January 2027.

China's Moonshot AI has released Kimi K3, a 2.8 trillion-parameter mixture-of-experts model that ranked third on the global AI leaderboard within days of launch.

A malfunction in Amazon Web Services' billing computation system displayed wildly inflated charges to some customers on July 17, with one bill estimated at roughly $2.5 billion. Amazon says the numbers are wrong and a fix is still in progress.

General Compute secured a $400 million loan from Upper90 using SambaNova inference chips as collateral — the first known deal of its kind, and a signal that AI infrastructure financing is starting to move beyond Nvidia GPUs.

Coca-Cola's Fairlife subsidiary suspended US production after attackers gained unauthorized access to production systems in a ransomware attack. No group has claimed responsibility, and whether data was stolen remains unknown.

SpaceX's first Starship mission since the company went public ended in an abort on the pad after four Super Heavy engines failed to ignite. Elon Musk says the next attempt is "hopefully in a few days."

A supply chain attack on Suno in November 2025 revealed the AI music startup scraped decades of audio from YouTube, Deezer, and Genius — and failed to notify customers whose data was also stolen.

Google is ending its legal fight over the Epic Games antitrust ruling and will let third-party Android app stores in the US access the Play Store's app catalog starting July 22, under a new Play Catalog Access Program.

OpenAI's debut hardware product is reportedly a mobile, screenless AI companion speaker designed with Jony Ive's team — and Apple has already sued, alleging the project rests on misappropriated trade secrets.
Google's first teaser officially names the Pixel 11 series, shows off a new circular LED ring called Pixel Glow, and sets an August 12 Made By Google event where pre-orders will open.

The Claude maker is scheduling investor meetings ahead of a potential October listing, which would make it the largest AI company to reach public markets and put it ahead of rival OpenAI.

Governor Kathy Hochul signed an executive order pausing state permits for new large-scale data centers for up to one year, citing energy and environmental concerns.