16 July 2026

Crypto.com raised $400M from Citadel Securities in its first institutional funding round, valuing the Singapore-based crypto exchange at $20B (CoinDesk)

CoinDesk:
Crypto.com raised $400M from Citadel Securities in its first institutional funding round, valuing the Singapore-based crypto exchange at $20B  —  Crypto.com secured a $400 million strategic investment from market maker Citadel Securities in a deal that values the crypto exchange at $20 billion …

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Moonshot AI releases Kimi K3, a 2.8T-parameter AI model that it says rivals Opus 4.8 and GPT 5.5, and plans to release model weights by July 27 (Kimi)

Kimi:
Moonshot AI releases Kimi K3, a 2.8T-parameter AI model that it says rivals Opus 4.8 and GPT 5.5, and plans to release model weights by July 27  —  Today, we are introducing Kimi K3 — our most capable model.  Kimi K3 is a 2.8T-parameter model built on our Kimi Delta Attention and Attention Residuals …

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After reports of GPT-5.6 deleting files, OpenAI says the issue most often occurs in full-access mode without sandboxing and it is working to mitigate the risk (Tibo/@thsottiaux)

Tibo / @thsottiaux:
After reports of GPT-5.6 deleting files, OpenAI says the issue most often occurs in full-access mode without sandboxing and it is working to mitigate the risk  —  On file deletions. We've investigated a handful of reports where GPT-5.6 unexpectedly deleted files. What we have found is that this most commonly occurs when: - Full access mode is enabled and codex is run without sandboxing protections, including without auto review being

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Sources: Google is months behind schedule on delivering Gemini 3.5 Pro because the company has been trying to improve its capabilities, particularly in coding (Bloomberg)

Bloomberg:
Sources: Google is months behind schedule on delivering Gemini 3.5 Pro because the company has been trying to improve its capabilities, particularly in coding  —  Alphabet Inc.'s Google is months behind schedule on delivering Gemini 3.5 Pro, its most powerful flagship AI model …

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Beehiiv launches Community, which lets subscribers chat with each other, adds programmatic ads and an AI tool that helps creators manage their audiences (Ivan Mehta/TechCrunch)

Ivan Mehta / TechCrunch:
Beehiiv launches Community, which lets subscribers chat with each other, adds programmatic ads and an AI tool that helps creators manage their audiences  —  Newsletter platform Beehiiv is expanding into new avenues of engagement by launching a feature called Community, which lets subscribers of a creator chat with each other.

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