AI Economics Diverge: Capex Climbs, Prices Crash, Apple Moves to Charge
The AI industry's economic model is splitting into three distinct lanes in a single earnings week: hyperscalers pouring capital into infrastructure, model providers slashing prices to hold market share, and device makers preparing to pass c…
OpenAI Cuts GPT-5.6 Terra Price 20%, Luna 80% Amid Cost Pressure
OpenAI announced on Thursday that it is slashing prices on two of its three GPT-5.6 series models, cutting Terra by 20% and Luna by 80%, roughly three weeks after their public release. Terra, the mid-tier model in the GPT-5.6 lin…
Google's AI Bug Hunting Patches More Chrome Flaws in June Than Prior 23 Updates Combined
Google's two Chrome updates in June patched more bugs than the 23 updates that preceded them, a volume the company attributes to AI-assisted vulnerability discovery. Google is now ramping up its patching schedule to keep pace with…
MiniMax Launches H3 Multimodal Video Model With Open Weights and Aggressive Pricing
MiniMax released H3, its first open-source multimodal generation model, on July 31, combining 2K video output, native audio-video generation, and pricing at roughly one-third of comparable flagship models. The launch arrives along…
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RANKED · 6 THIS DAYAmazon Raises 2026 Capex to $220 Billion as AWS AI Demand Drives Fastest Cloud Growth Since 2021
Amazon raised its 2026 capital expenditure forecast to $220 billion, up $20 billion from its prior $200 billion projection, as CEO Andy Jassy pointed to surging AI demand during the company's second-quarter earnings call.…
ByteDance Launches Seedance 2.5 With 30-Second Video Generation
ByteDance released Seedance 2.5 on July 31, doubling the single-generation video duration of its video-creation model from 15 seconds to 30 seconds. The model can generate a 30-second high-quality video clip in a single run and su…