AI News for July 18, 2026 — 7min.ai

[NEWS] Meta in talks to rent Anthropic up to $10B in compute over two years: Meta is in early discussions to lease computing power from its data centers to Anthropic, in a deal that could be worth up to $10 billion over two years.
[NEWS] Kimi K3 triggers 'second DeepSeek shock,' sinking chip stocks worldwide: Moonshot AI's Kimi K3 triggered a global semiconductor selloff Friday, with investors treating the cheap, near-frontier Chinese model as a fresh "DeepSeek moment." The Philadelphia Semiconductor Index fell 4% on the day and is down 19% from its peak, nearing a bear market, while Samsung dropped 9% and TSMC fell 3%.
[NEWS] Xi Jinping pledges 5,000 AI training slots for developing nations, pushes open-source at WAIC: Xi Jinping used his World AI Conference keynote to frame AI development as a 'symphony of global cooperation,' pledging 5,000 AI training opportunities for developing countries over the next five years and urging open-source sharing over closed models.
[NEWS] DoorDash, Cursor, and Lindy drop AI model exclusivity for cheaper Chinese options: DoorDash's CTO said Moonshot AI's Kimi delivers 'better quality' at lower cost and is now powering an experimental DoorDash CLI tool.
[NEWS] Databricks hits $188B valuation in Coatue-led round: Databricks announced a new funding round valuing the company at $188 billion, led by Coatue, with reports pegging the raise at roughly $3 billion.
[NEWS] San Francisco orders Apple and Google to pull AI 'nudify' apps: San Francisco City Attorney David Chiu sent cease-and-desist letters to Apple and Google, demanding they remove 13 'nudification' apps that use AI to turn ordinary photos of real people into explicit images.
[OPINION] OpenAI CFO publishes an AI scorecard built on 'useful intelligence per dollar': OpenAI CFO Sarah Friar published a framework for judging whether AI spending pays off, arguing the metric that matters is 'useful intelligence per dollar' rather than adoption or cost per token.
[NEWS] Apple overtakes Nvidia as world's most valuable company: Apple reclaimed the title of world's most valuable company, edging past Nvidia in Friday trading at about $4.88 trillion versus Nvidia's $4.86 trillion after the chipmaker fell 3.5%.
[TOOLS] Capital One open-sources VulnHunter, an agentic AI tool that finds code flaws: Capital One released VulnHunter, an open-source agentic AI security tool that scans source code for exploitable vulnerabilities, maps how an attacker would reach them, and proposes fixes before code ships.
[NEWS] White House moves to dictate access to frontier AI models: The White House is asserting control over access to frontier AI models, a shift that would move power away from developers like OpenAI and Anthropic toward the government.

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