AI Week in Review: July 20 – 26, 2026

While 2026 has shown encouraging signs, with Black-founded startups raising approximately $643 million by late May, the strongest quarter since mid-2022, the.

Anthropic PBC will purchase up to 2 gigawatts' worth of graphics cards from Advanced Micro Devices Inc. as part of a multibillion-dollar deal announced today. The partnership also has several other components.

Celebrating $100 million contributed by the community to the people who build and sustain open source every day.

Elon Musk's tunneling startup is reportedly in talks for a major new funding round.

The neolab is betting that automating routine computer tasks will soon outpace coding as AI's biggest use case.

In the AI-funding frenzy, many startups are raising back-to-back rounds at ever-increasing valuations - but even by those standards, Corgi stands out.

Google continues to report big quarterly revenue, but its AI spending has skyrocketed.

Andreessen Horowitz leads massive $1.7B round merging CloudKitchens and Pronto into physical AI holding company.

Etched, founded by three Harvard dropouts, has created new chips and memory components that speed up inference on any AI model -- no GPUs required, it says.

So far this year, 60% of global startup funding across stages - around $320 billion - went to rounds of $1 billion or more, per Crunchbase data, with such.

Q2 2026 was profitable, but barely.

Uber is also investing in Travis Kalanick's company Atoms, which has made gauzy claims about using industrial AI to modernize the world.

OpenAI will spend the equivalent of Sweden's GDP on infrastructure through 2030.

Anthropic leaped to a $47 billion revenue run rate by May, compared to $9 billion in 2025.

A total of 34 companies joined The Crunchbase Unicorn Board in June, altogether adding more than $110 billion in value, with 10 of those companies AI labs.

Glow is targeting a new class of endpoint risks created by the rapid adoption of AI agents and developer tools inside enterprises.

The four-year-old firm's latest fund is 60% larger than its second vehicle announced 18 months ago.

Anthropic blocks authors from opting out of $1.5B settlement at last minute.

The final approval settles one case, but it doesn't resolve the broader issue of using copyrighted works to train AI models.

The de-extinction startup is looking to double or triple its previous valuation, according to the report.

Etched Inc., a startup with a chip optimized for artificial intelligence inference, today announced that it has raised $300 million in funding. The Series C round was led by Sequoia.

Atoms, a startup led by Uber Technologies Inc. co-founder Travis Kalanick, has closed a $1.7 billion investment. The company disclosed in its Wednesday funding announcement that Andreessen Horowitz led the raise.