NerdNews

The pending IPOs of Anthropic and OpenAI, along with SpaceX's recent public launch, are expected to generate more value than all U.S. VC-backed exits since 2000, with a combined valuation potentially exceeding $4 trillion.

The EU's Digital Services Act (DSA) has found Meta in breach due to the 'addictive' design of Instagram and Facebook, which threatens users' physical and mental wellbeing. Meta may be forced to redesign both apps and could face a fine of up to $12 billion.

Gizmodo obtained 153 complaints about Grok from the FTC, citing issues with censorship, bait and switch tactics, and difficulty canceling subscriptions. Users reported being throttled, having their content moderated, and being charged for services they didn't use. Some users also reported experiencing racial bias and disturbing content generated by the AI.

Meta's social media platforms are under fire for allegedly addictive designs. The company is exploring new ways to monitor users, including AI devices that track emotions and smart glasses that photograph surroundings. Meta faces potential fines and legal scrutiny over its business model.

OpenAI has launched three new GPT-5.6 models: Sol, Terra, and Luna. Sol is the most powerful, Terra is balanced, and Luna is the most affordable. The models are available to paying customers, with prices ranging from $1 to $5 per one million tokens. ChatGPT Work, a new agent, can access and take actions on apps and files, and is powered by Codex and GPT-5.6.

Fidji Simo, OpenAI's second-in-command, is stepping down due to ongoing medical leave. She will transition to a part-time advisory role. Simo was focused on growing OpenAI's consumer business, particularly ChatGPT. Her departure leaves a vacuum for CEO Sam Altman to address, especially as the company eyes a possible IPO.

VoiceType is a new AI-powered voice dictation software that offers up to 99.7% accuracy and can transcribe up to 360 words per minute. It runs in the background and works across every application on your computer, auto-formatting text with proper punctuation and capitalization. A lifetime subscription is available for $39.97, which is a significant discount from the regular price of $419.

A study by Pangram found that 41% of longform LinkedIn posts and 30% of short form content are fully AI-generated, with LinkedIn being the most AI-saturated social media platform.

OpenAI's head of safety is leaving as part of a company reorganization. The role will be replaced by an executive in charge of both research and safety teams. This change comes after the release of OpenAI's latest model, GPT-5.6, and the hiring of a new Head of Preparedness to mitigate severe risks.

Anthropic has extended access to Claude Fable 5 for paid subscribers until July 19. The model can be used for up to 50% of weekly subscription limits at no extra cost. Fable 5 can be accessed across various Claude platforms, including web, mobile, and desktop.

Lyzr, an AI agent startup, used its own AI agent to raise $100 million in Series B funding, proving the product's effectiveness and demonstrating the ease of fundraising with AI traction.

Gradium, a Paris-based AI voice startup, has raised $100M in seed funding, backed by Nvidia. The company is using the funds to open a Bay Area office and compete for talent, strengthening its position in the AI ecosystem. Gradium is working on audio models that deliver voice at scale with ultra-low latency.

The article discusses the end of the Uber-Waymo partnership in Phoenix and the potential implications for the robotaxi industry. It also covers a directive from the National Highway Traffic Safety Administration regarding autonomous vehicle developers and their interaction with first responders. Additionally, the article highlights various deals and news in the transportation sector, including Rivian's $1.32 billion capital raise and Lyft's acquisition of Serveo's bike-share business in Spain.

The construction of AI data centers is facing increasing opposition from communities across the US and beyond, citing concerns over energy consumption, water usage, and environmental impact. Protests have led to the blocking or delay of at least 75 projects valued at $130 billion, with lawmakers introducing bills to regulate the industry and protect residents from rising utility costs.

Sunrun is launching a pilot program for a 'distributed AI compute' that will place compute nodes in customers' homes, compensating them for participation. The company plans to sell the distributed compute power to enterprise compute buyers, like AI companies, as a new approach to finding resources and space for AI compute infrastructure.

The Injective Labs SDK on npm was compromised, leading to a malicious package that steals cryptocurrency wallet private keys and mnemonic seed phrases. The malware was downloaded 310 times before being deprecated, and 87 dependent packages were affected, with a cumulative download count of over 112,000.

The iPhone Ultra is expected to be Apple's first foldable phone, with a potential launch date in September 2026 and a price tag of at least $2,000. It may feature a 7.8-inch flexible main display, a 5.5-inch exterior screen, and a novel 3D-printed hinge. The phone is rumored to have a wider chassis, two rear cameras, and a fingerprint sensor built into the lock button.

A global anti-fraud operation, Operation First Light 2026, led by Interpol and funded by China's Ministry of Public Security, resulted in the arrest of over 5,800 people and the interception of nearly $300m in illicit assets. The operation targeted social engineering scams, romance scams, and business email compromise schemes, and involved law enforcement agencies from 97 countries and territories.

Cloudflare's development team identified and fixed a rare bug in the hyper library that could silently truncate large HTTP responses. The bug was caused by a race condition in hyper's HTTP/1 dispatch loop and has now been fixed upstream.

The US Cybersecurity and Infrastructure Security Agency (CISA) has detailed its response to internal CISA Amazon AWS GovCloud Keys and other information being made available in a public repository. The agency took swift action to mitigate exposure and prevent further harm, and no customer or mission data was exposed. CISA highlighted the need to adopt zero trust principles and improve logging capabilities.