Sources: Google is developing a specialized server chip, informally dubbed "Frozen v2", that integrates Gemini AI model blueprints in the silicon, set for 2028 (The Information)

Sony Music files a second copyright suit against Udio, alleging the AI music company copied 30,117 recordings without permission to train its AI models (Murray Stassen/Music Business Worldwide)

GitHub says individuals and orgs have invested $100M+ in open source maintainers and projects via GitHub Sponsors since 2019, with $10M in the past five months (Stephanie Lincoln/The GitHub Blog)

Singapore-based Ant International, a payments company which spun out of Ant Group in 2024, raised $1.2B from investors including Ant Group and Alibaba (Reuters)

Study: off-balance sheet debt at Alphabet, Microsoft, Amazon, Meta, and Oracle grew an est. ~8x since 2022 to ~$1.65T, eclipsing ~$1.35T in balance sheet debt (Kohei Yamada/Nikkei Asia)

South Korea reports that, for the first 20 days of July, chip exports climbed 180.6% from the same period in 2025; computer-related product shipments grew ~232% (Heesu Lee/Bloomberg)

Google's AI Search is endangering the open web; Cloudflare: between June 2025 and April 2026, human traffic to sites of businesses in many industries fell ~40% (Kate Conger/New York Times)