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July 6 to July 12, 2026 · 10 stories · the week is still unfolding
Tesla launched its Robotaxi service in Miami on Friday without a safety monitor, marking the fifth city for the service. The company aims to expand the self-driving ride-hailing operation to a dozen US states by the end of 2026.
SK Hynix Inc. is seeking a $29 billion US stock-market listing on the Nasdaq, expected July 10, to give American investors direct access to its AI memory chips. The South Korean semiconductor manufacturer trades at a discount to US rival Micron Technology Inc., and its Korea-listed shares have gained about 700% over the past 12 months.
Genesis Minerals has made a $3.9 billion bid to acquire Vault. The offer values the target company at a significant premium. The deal would combine two major players in the mining sector.
BrainsMingle, a Cairo-based developer of an AI-driven video-first professional networking platform, raised $400,000 in seed funding. Investor BasharSoft Group participated. The company will use the capital to expand its global AI-powered network, fund strategic hiring, and accelerate product development for individual experts and corporate clients.
A 900-pound stainless steel time capsule buried in Philadelphia for America's 250th anniversary contains a Cosmic Orange iPhone 17 Pro Max, set to open in 2276. The device holds digital artifacts in the Notes app, but lithium-ion battery degradation and Apple's mandatory server-side activation requirements make it unlikely to function.
A major CRED deal has pushed Indian startup funding past $2 billion, though overall venture capital investment in the country has dropped following the raise. The CRED transaction accounted for a significant portion of the total funding.
Apple's foldable iPhone is rumored for a 2026 launch. Shipments of the device are expected to be under 1 million units in the third quarter of 2026. The product has not been officially announced.
Nvidia and Neura Robotics are collaborating to develop safety systems for humanoid robots. The partnership aims to create standards that ensure safe operation of these machines in human environments. The initiative addresses growing concerns about robot safety as humanoid robots become more common in workplaces and homes.
Holtec International is preparing for an initial public offering. The company's chief executive stated that the world has become rational about nuclear energy. The move signals growing investor interest in nuclear power as a clean energy source.
OpenAI and Anthropic may struggle to go public due to their unusual corporate structures. Both AI companies operate with capped-profit or nonprofit governance, which conflicts with standard public market requirements. Investors seeking traditional returns may find these models unappealing.
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