Month: July 2026

Meta is testing an AI-based app for creating children’s bedtime stories Meta has begun testing the StoryKit app, which uses artificial intelligence to create personalized stories for children. This is reported by TechCrunch. The pilot rollout of the service is taking place in selected countries to gauge user interest. What

Revolut hits $115bn valuation in employee share sale, reports say Powered by WPeMatico https://sifted.eu/articles/revolut-115-valuation-secondary-share-sale

OpenAI models hack Hugging Face systems during internal testing Powered by WPeMatico https://sifted.eu/articles/openai-hack-hugging-face

Samsung in talks to back Mistral’s Series D, say reports Powered by WPeMatico https://sifted.eu/articles/samsung-mistral-series-d

7 ways the AI bubble could actually burst Powered by WPeMatico https://sifted.eu/articles/7-ways-ai-bubble-burst

UK defence tech has ‘high hopes’ for new finance minister John Healey Powered by WPeMatico https://sifted.eu/articles/john-healey-defence-tech-uk

After shocking quarter, IBM insists that AI isn’t killing the mainframe After IBM’s stock crashed last week on warnings of poor mainframe sales, the CEO explained that AI wrecked corporate hardware budget, temporarily. Powered by WPeMatico https://techcrunch.com/2026/07/22/after-shocking-quarter-ibm-insists-that-ai-isnt-killing-the-mainframe/

Google justifies its massive AI spending with a booming cloud business Google’s cloud business is thriving, as companies adopting its AI and AI infrastructure services help the tech giant to report record profits. Powered by WPeMatico https://techcrunch.com/2026/07/22/google-justifies-its-massive-ai-spending-with-a-booming-cloud-business/

Treasury threatens sanctions after White House claims Moonshot distilled Anthropic’s Fable The episode has also intensified a broader debate in Washington over the influx of Chinese open models. Powered by WPeMatico https://techcrunch.com/2026/07/22/treasury-threatens-sanctions-after-white-house-claims-moonshot-distilled-anthropics-fable/

Tesla spending skyrockets as Cybercab, Semi, Megapack production timeline slips Tesla’s 26% boost in revenue wasn’t enough to offset rising operating expenses and capital expenditures as it pushes to launch a new generation of products. Powered by WPeMatico https://techcrunch.com/2026/07/22/tesla-spending-skyrockets-as-cybercab-semi-megapack-production-timeline-slips/