July 10, 2026

TechCrunch Top 3

Elon Musk praises Mythos/Fable, promises not to 'cut off' Anthropic: Should Anthropic trust Elon Musk to host its models? With about $40 billion in revenue at stake, Musk insists that the company can. Read More

Fidji Simo steps down from OpenAI's No. 2 role: OpenAI's No. 2 executive, Fidji Simo, is stepping down from her full-time role after her medical leave proved longer than expected — a leadership vacuum that comes at a tricky time as the company eyes a possible IPO and races to catch Anthropic in the enterprise market. Read More

An AI agent startup just let its agent run its $100M fundraise: Lyzr, a startup that builds AI agents for enterprises, used its own AI agent to raise a $100 million round — proof, evidently, that the product actually works. Read More

A message from General Compute

General Compute is making a $300m bet against GPUs

General Compute raised $15m to build the worlds first ASIC cloud. By removing the GPU bottleneck, it runs frontier LLMs up to 16x faster than standard GPU clouds. ASIC silicon is also far more energy efficient, so it deploys in air-cooled data centers, making growth and expansion dramatically easier.

Learn more here

Morning Must-Reads

EU threatens Meta with fines over addictive features on Facebook and Instagram: The tech giant is in breach of the Digital Services Act by focusing on features like infinite scroll, autoplay, push notifications, and the highly personalized recommendation algorithms, the European Commission said. Read More

Netflix could be planning ‘always-on’ live TV channels: Amid signs of slowing engagement, Netflix is reportedly considering launching "always-on" live channels, giving subscribers something to tune into 24/7. Read More

OpenAI launches its new family of models with GPT-5.6: OpenAI's latest family of models promises improvements across a range of areas, including cybersecurity. Read More

After Apple, India's smartphone manufacturing boom enters new phase with Vivo JV: Vivo's joint venture could become a template for Chinese smartphone makers in India. Read More

OpenAI says GPT 5.6 is the 'preferred model' for Microsoft Copilot 365 amid breakup chatter: OpenAI's new family of models will continue to power Microsoft's suite of workplace and productivity apps. Read More

Last but Not Least

OpenAI is shutting down Atlas, but its AI browser ambitions are still growing: OpenAI is sunsetting its AI-powered browser after less than a year. But it's moving some agentic browsing features to its desktop app and a Chrome extension. Read More

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