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Moonshot AI unveiled Kimi K3, a 2.8 trillion parameter open-weight model the company calls the largest of its kind, with benchmarks placing it near frontier US systems. Key Points: Moonshot's Kimi K3 carries 2.8 trillion parameters and a 1 million token context window, with full weights due Jul. 27.

Alphabet shares closed down 4.4% on Thursday, erasing about $200 billion in market value, after reports that Google delayed its flagship Gemini 3.5 Pro model. Key Points: Alphabet shed close to $200 billion in market value during Thursday's steep selloff. Google confirmed it is still testing Gemini

The reported $53 billion bid by Stripe and Advent International for PayPal is being read by payments and crypto executives as a sign that the next phase of digital payments will be decided by companies that can combine consumer scale with crypto-enabled, audit-ready infrastructure. Reuters reported

SpaceX paid $1 billion for APR Energy, giving Elon Musk direct access to mobile gas turbines as the company expands power-hungry AI infrastructure. Key Points: The deal gives SpaceX control of mobile generation equipment used to support AI data centers. The company still promotes solar power while r

Samsung has unveiled a foldable display designed to resist creasing and everyday damage, and the technology debuts on the main AI smartphone of the year, Galaxy Z Fold 8 at a Jul. 22 launch. Key Points: Samsung's Flex Titanium display stacks two titanium layers to cut crease visibility and add stren