ALL EYES ON INFLATION

Summary from the TLDR Founders newsletter

xAI launched grok-code-fast-1, expanding its tech demand due to its quick, cost-effective coding model. Microsoft introduced MAI-Voice-1 and MAI-1-preview to develop proprietary AI models, showing advancements beyond OpenAI's tech influence. Intel faces financial strain with a $3.2 billion quarterly loss as it retains its foundry business under government pressure. Alibaba's Cloud Intelligence Group grew 26% in Q2, with AI-related revenues soaring. Fusion tech is gaining traction with Commonwealth's $863 million Series B2 funding, backed by notable investors like Google and Nvidia.