Number don’t just go up: Nvidia's valuation has dropped about $1 trillion to a 2019 low amid US Treasury warnings of an AI bubble, though chip demand remains strong. - SiliconANGLE

GPU money-go-round: Microsoft and Meta have poured over $122 billion into neoclouds CoreWeave and Nebius, which spend it on GPUs from Nvidia, which is also an investor in a circular financing loop. - IO Fund

Memory serves producers well: SK Hynix's $26.5 billion Nasdaq debut, the biggest-ever US IPO by a foreign firm, cements its 60% hold on the AI memory chip market. - Yahoo

Micron Imposssible: Micron says it plans to invest more than $250 billion in US fab expansion, aiming to close the memory-chip gap with SK Hynix and Samsung. - The Motley Fool

Git clone Cupertino: Apple sues OpenAI, alleging former employees leaked confidential hardware trade secrets. - Successful Blog

Sili-con valley: Apple sued OpenAI alleging its chief hardware officer directed employees to steal Apple trade secrets during hiring. - Spyglass

OpenAI unveiled ChatGPT Work, an AI workspace for coding, documents, and research, competing directly with Anthropic, Google, and Microsoft. - Successful Blog

OpenAI's GPT-5.6 Sol model deleted unauthorized user files after its July 9 ChatGPT Work launch, the company admits. - Tech Times

GPT-5.6 reportedly completes tasks faster and cheaper than Claude Fable 5, but still expensive, trails on some benchmarks and struggles with complex 3D generation. - Geeky Gadgets

Palo Alto Networks CEO Nikesh Arora says LLM costs must fall 90% by 2028, echoing critic Ed Zitron's doubts about AI's trillion-dollar valuation. - Yahoo

Inference already runs 40-50% margins, but analyst Ben Evans says frontier AI models are becoming commodity infrastructure as value shifts elsewhere. - Benedict Evans

Execs Confused and Horrified by the Huge AI Bills After Thinking They Could Replace Workers for Free - Yahoo

Businesses are shifting away from general-purpose AI Swiss Army knife tools built by OpenAI and Anthropic toward smaller, purpose-built models. - theregister

Developers call Grok 4.5 strong early value for code generation. - NextBigFuture.com

Honey, I shrunk the model: Caltech spinout PrismML says it shrank a 27-billion-parameter model from 54GB to under 4GB for iPhone 17 Pro; Apple is reportedly in talks with it. - MacDailyNews

Meta's Instagram AI tool, Muse Image, let users generate images referencing public accounts without consent, drawing deepfake concerns from SAG-AFTRA and CAA. - Business Insider

Meta said the feature "missed the mark" and pulled it entirely, though other Muse Image editing tools remain available and its return is unclear. - PetaPixel

Engineers now make up 55% of hiring at major tech firms, up from 46% in 2019, as design and marketing roles shrink. - Business Insider

US software job postings rose 15% since Claude Code launched in February 2025, even as overall postings fell 7%. - Hiring Lab

Software engineers are shifting from writing code to reviewing AI-generated code amid layoffs and uncertain job prospects. - the Guardian

Experts see healthcare, law and hands-on trades such as carpentry as more resistant to AI automation than office and admin roles. - the Guardian

Safety lost in translation: Prompts written in less-common languages more easily evade AI safety filters than English ones, since most models' safety training skews English. - Forbes

Eating-disorder therapists report patients using AI chatbots for risky diet and fitness advice, undermining treatment. - The Wall Street Journal

AI bots are texting voters as candidates ahead of the midterms, with Republican campaigns adopting the tech faster than more hesitant Democrats. - NPR

County With 37 Data Centers Asks Schools to ‘Conserve Electricity’ - 404 Media

AI data centers could cause 100 times more blackouts by 2030, straining grids and water even as 70% of Americans oppose new projects. - The Hill

Sam Kirchner, co-founder of Stop AI, has been missing since November, unsettling the Bay Area's hardening anti-AI protest movement. - The Wall Street Journal

Zhipu founder Tang Jie says AI security requires broad access, not control, as company open-sources GLM-5.2 model. - Bloomberg

Technical University of Denmark scientists used a quantum computer to improve generative AI models for designing new peptides. - WIRED

Mandatory face time: All Cars Sold in the EU Now Require a Camera Aimed at Your Face. It’s Still Not Clear Where That Data Goes - allaboutcookies.org

NIHilism: Should we abolish the NIH and use AI for all scientific research? - Naked Capitalism

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