Tuesday, 07 July 2026
Today’s tech story is really about control: who owns the hardware, the models, the users, and the future revenue. In China, DeepSeek is reportedly developing its own inference chip, a potentially significant bid to reduce dependence on Nvidia and Huawei and tighten its grip on the AI stack. At the same time, Beijing is said to be weighing limits on foreign access to its most advanced AI models, underscoring how frontier AI is increasingly treated as strategic infrastructure. Elsewhere, AI investment is still accelerating: DXC has opened a major AI-first customer experience centre in Bengaluru, betting that enterprises are ready to move from pilots to deployment. But tech’s governance problems remain stubbornly practical—researchers say Australia’s under-16 social media ban can still be bypassed with a false birthdate. And in gaming, IO Interactive is cutting staff and closing its Istanbul studio after Xbox withdrew support for Project Fantasy, a reminder that ambitious projects still hinge on who pays.
Recap for Tuesday, 07 July 2026
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