Anthropic's $40B xAI Compute Deal & Chip Stock Sell-Off

The State of Tech, The European Edition of Saturday 18 July 2026


Anthropic signs $40 billion compute deal with rival xAI, using Elon Musk's Colossus data centre

China announces world's first commercial invasive brain chip implant, moving ahead of Neuralink

Moonshot AI releases Kimi K3, the largest open weights model ever at 2.8 trillion parameters

Tech stocks tumble as investors question AI rally, ASML among biggest fallers in Europe

Whishper: open-source transcription that runs locally on your own machine, no cloud required

Wallabag: the European open-source read-later app that keeps your reading list under your control