At AWS Summit NYC this week, Amazon made a concerted push to help enterprises field artificial intelligence agents, and we had all the news and interviews, including Amazon Web Services CEO Matt Garman.
Hardly one to be left out, OpenAI introduced a ChatGPT agent to enable browsers to accomplish multistep tasks. Meantime, OpenAI is tapping Google now for GPU power. Still left out, though: AWS.
Model Context Protocol servers, for enabling easier connections between AI models and agents and external tools, data and services, are the hot thing these days, as both Oracle and JFrog joined the MCP party this week.
The AI investing frenzy continued, led this week by the $2 billion funding of Mira Murati’s Thinking Machines. Apparently it actually plans to release a product soon!
The mass data center buildout also isn’t slowing down, as Meta announced plans to spend hundreds of billions of dollars on AI megafactories. It’s enough, Gartner said, to lift tech spending almost 8% this year, overcoming a slowdown on the legacy side.
TSMC continues to be one big beneficiary, as its earnings reported this week demonstrated. Nvidia and Advanced Micro Devices will benefit too, not least because they’re cleared to sell certain GPUs in China now. Intel’s still the odd one out as it continues to downsize, cutting 5,000 more people.
Earnings season gets underway in earnest next week with many industry bellwethers: Alphabet, IBM, SAP, Intel and Mobileye, NXP Semi, ServiceNow, Texas Instruments, Pegasystems and Tesla.
Here’s all the enterprise and emerging tech news this week from News and beyond:
AI and data: Amazon’s agentic future
AWS Summit NYC
Our extensive coverage of how AWS is reaching deeper for AI leadership, rolling out a flurry of new services for enterprises to field agents — as Runtime’s Tom Krazit succinctly put it, it’s hoping agents are the new cloud:
In big AI agent push, AWS debuts new development tools, vector-optimized object store
1Password brings MCP Server for Trelica to AWS Marketplace AI Agents category
AWS launches Kiro: a ‘spec coding’ developer environment integrated with AI agents
AWS expands modular AI vision with agent Marketplace debut
AWS debuts Bedrock AgentCore to move AI agents from pilot to production
AWS empowers devs with Kiro, AgentCore and an agentic AI roadmap
Spec-driven coding gets an AI boost with AWS’ Kiro IDE
CrowdStrike sees cybersecurity innovation hitting warp speed with agentic AI
AWS leads the charge in neuro-symbolic AI for smarter, safer intelligence
Modernizing the machine: Platform innovators lead the next generation of enterprise AI
More from John Furrier’s exclusive midyear interviews with AWS executives, including Matt Garman
Exclusive: Amazon CEO Matt Garman bets on an agentic future
Exclusive with Amazon Bedrock chief Atul Deo: AWS’ big bet on cheaper AI — and a new breed of software agent
‘The bottom turtle’: Amazon’s storage workhorse is getting an AI upgrade
Policy
Interesting paper from many AI leaders calling for monitoring of “thinking” models: Chain of Thought Monitorability: A New and Fragile Opportunity for AI Safety
Indonesia to establish AI center of excellence with support from Nvidia, Cisco and Indosat
New models and services
The self-writing internet: Is Dfinity’s Caffeine AI a wakeup call for application developers?
OpenAI rolls out ChatGPT agent to automate multistep browser tasks
Mistral AI brings deep research to Le Chat, alongside image editing, voice mode and more
Oracle launches MCP Server to bring natural language AI to its core database
JFrog launches MCP Server to connect AI agents with developer tools
Reflection AI’s autonomous coding agent Asimov learns from more than just code
Kyndryl’s new Agentic AI Framework can help enterprises knuckle down on AI agents
Anthropic upgrades Claude Code with visibility dashboard for software teams
Exclusive: Krisp launches VIVA development kit to enhance accuracy for voice AI agents
Lightricks’ latest release lets creators direct long-form AI-generated videos in real time
Data fabric startup Promethium enables self-service data access for AI agents
Qdrant launches Cloud Inference for multimodal vector search with higher speed and lower cost
Coralogix launches MCP Server to give AI agents direct access to observability data
Diligent launches ACL AI Studio to streamline governance and risk data analysis
Cloudian releases PyTorch connector with RDMA support for faster AI data processing
LG AI Research partners with FriendliAI to launch AI model EXAONE 4.0 for public use
Money matters
Thinking Machines, led by former OpenAI CTO Mira Murati, raises $2B in seed funding
AI coding assistant startup Cognition acquires rival Windsurf
OpenAI taps Google Cloud to access much-needed GPUs for ChatGPT
Pentagon aims to bolster national security with major investments in US AI firms
OpenEvidence raises $210M on $3.5B valuation to expand AI-powered medical search and decision tools
AI vibe coding startup Lovable raises $200M at $1.8B valuation
Fully licensed generative video AI model startup Moonvalley raises $84M
Unify lands $40M to help sales teams engage high-intent buyers
Vultron raises $22M to power ‘agentic operating system for federal procurement
Heron raises $16M to automate document-heavy work
IntuigenceAI raises $10M and launches AI engineer platform IntuiAI
There’s even more AI and big data news on News
Around the enterprise: AI dominates IT spending
Money matters
Meta to invest ‘hundreds of billions’ in new multi-gigawatt AI data centers
Apple is spending $500 million in government-backed rare minerals program
Gartner forecasts worldwide IT spending to grow 7.9% in 2025
TSMC’s quarterly profit jumps 60% on continued AI chip demand
Chip gear provider ASML shares drop 11% on cautious 2026 growth outlook
HPE inks cooperation agreement with activist investor Elliott
Hadrian gets $260M in funding to accelerate defense industry manufacturing automation
GigaIO secures $21M Series B round to scale AI inferencing infrastructure solutions
Transit software startup Via confidentially files for an IPO (per News)
Synopsys closes $35B acquisition of Ansys
Photonics processor maker Q.ANT raises $72M to transform AI computing
NetBox Labs, the central nervous system for AI data centers, gets $35M in funding
New products and services
Google reveals plans to combine ChromeOS and Android
Extreme Networks launches Extreme Platform ONE into general availability
NetBox Labs, the central nervous system for AI data centers, gets $35M in funding
C-Gen.AI’s new GPU orchestration platform promises to boost AI data center efficiency
Tetrate steps up to handle traffic management for AI agents powered by multiple LLMs
Policy
Nvidia, AMD to resume AI chip exports to China
ServiceNow’s Moveworks takeover gets in-depth antitrust review (per Bloomberg)
Meta execs settle with board in $8B lawsuit over data harvesting scandal
We have lots more news on cloud, infrastructure and apps
Cyber beat: Google expands its AI cyber push
Google expands AI-driven cybersecurity efforts with updates ahead of Black Hat and DEF CON
Security pioneer John Watters leads new cyber risk intelligence company iCOUNTER
Lansweeper acquires Redjack to expand passive asset discovery and mapping capabilities
Empirical Security raises $12M to build custom AI models for enterprise cyber defense
StrongestLayer secures $5.2M to combat emerging AI-driven email threats
Index Engines secures patent for AI-driven ransomware detection process
Little-known Microsoft program could expose Defense Department to Chinese hackers (per ProPublica)
More cybersecurity news here
Elsewhere around tech: Uber buys into robotaxis
Uber to deploy 20,000 autonomous taxis in partnership with Lucid and Nuro
Indian startup QpiAI gets $32M to supercharge AI development with quantum computing
It was a week for drone technology:
Mobile drone manufacturing startup Firestorm Labs raises $47M
Drone startup Xtend raises $30M more in funding
Drone services operator FlyGuys wants to connect AI applications to real-world aerial data after raising $13M
And check out more news on emerging tech, blockchain and crypto and policy
Comings and goings
Intel cuts more than 5,000 jobs across four states as restructuring accelerates
Data graph platform Apollo GraphQL co-founder and Chief Technology Officer Matt DeBergalis is moving up to CEO, succeeding co-founder and CEO Geoff Schmidt, who will remain at Apollo in a new role focused on advancing the company’s technology and the GraphQL ecosystem.
Former Microsoft, Salesforce and ServiceNow exec Paul Smith will join Anthropic as chief commercial officer.
What’s next
Earnings season gets into full swing:
Monday, July 21: NXP
Tuesday, July 22: SAP, Texas Instruments, Pegasystems
Wednesday, July 23: Alphabet, IBM, ServiceNow and Tesla
Thursday, July 24: Intel, Mobileye
Image: News/Reve
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