Bank of England rate-setter Catherine Mann said she is prepared to make an “activist” interest-rate hike if inflation expectations and other warning signs on prices do not improve later this year, according to Bloomberg.

Cisco has announced the launch of Cisco Nexus One, an open data center network architecture designed for AI workloads and new security threats, aimed at upgrading its long-evolving Application Centric Infrastructure (ACI) system. According to Odaily, Cisco said Nexus One will connect to its unified platform, Cisco Cloud Control, to improve architectural flexibility, openness, and scalability while maintaining backward compatibility with existing systems. Cisco added that Nexus One is not a single product but an architecture-level evolution similar to ACI. The company said the focus is shifting from early-stage innovation to standardization and interoperability across ecosystems to meet complex networking needs in the AI and machine learning era.

The Philadelphia Semiconductor Index extended its decline to 4%. According to Jin10, the index’s drop widened to 4%.

Shares of IQM fell in their first day of trading after the Finnish quantum computer maker went public in New York through a merger with a special purpose acquisition company, according to Bloomberg.

Kuaishou said it signed a capital increase agreement involving Beijing Keling and multiple investors, under which investors agreed to make cash capital injections totaling RMB 13,823.60 million (or $2,028.20 million), subject to conditions being met or waived. According to Jin10, Kuaishou said the agreement was signed after trading hours on July 2, 2026, by (i) Beijing Keling, an indirectly wholly owned subsidiary of the company that is expected to hold Kuaishou Group’s Keling AI-related assets and business after the restructuring is completed; (ii) 21 independent investors, Party A and Party B; (iii) Beijing Keling Group Company; (iv) LuckyLabs; and (v) Beijing Kuailingrui. Kuaishou said that, with Beijing Keling’s consent, additional investors may become parties to the agreement by signing a joinder agreement within 60 days from the signing date. It said the total amount of capital increase under the agreement must not exceed RMB 20,447.10 million. Kuaishou said that on the same day as the capital increase agreement, 15 additional investors each signed joinder agreements with Beijing Keling, becoming parties to the agreement and agreeing to inject a combined RMB 5,223.50 million in cash capital, subject to conditions being met or waived. Kuaishou said Beijing Keling may, within the subscription period and within the subscription cap, enter into further joinder agreements with new additional investors.

The US corporate bond market is appearing safer as more highly rated technology companies issue debt tied to the AI boom, according to Bloomberg. Some investors are warning that the improved credit profile could be misleading and may be masking underlying risks.

Market sources said Denmark’s central bank carried out foreign-exchange intervention last month. According to Jin10, the central bank bought 700 million Danish kroner through the intervention.

EU, regulation, Changpeng Zhao, MiCA deadline arrives: Binance kicked out, who is vying for billions in European liquidity? Jinse Finance, MiCA: The EU isn't offering a multiple-choice question, it's an elimination round.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.

Stripe enters the stablecoin network war with OUSD, providing a comprehensive overview of the third paradigm evolution of the digital dollar and the new global payment infrastructure in the AI ​​era.

Solana's consumer application revenue no longer relies solely on memecoin issuance, but is gradually expanding to more consumer scenarios.

For years, Michael Saylor built his reputation as Bitcoin's most outspoken evangelist, relentlessly promoting BTC while criticizing the debt-driven financial system and fiat credit.

Google has lost its final appeal against a €4.125 billion EU antitrust fine over practices linked to its Android mobile operating system. The European Court of Justice ruled that Google abused Android's market dominance by favouring its own services and restricting competition.

Sam Altman has just thrown out the idea of giving the U.S government a 5% stake in OpenAI, which would shape an unusual and never seen before relationship between a private company and Washington as AI becomes an increasingly strategic national priority.

A16Z, Artificial Intelligence, AI Agent, A16Z's Latest Investment: Setting a "Price" for Computing Power (Golden Finance) - The story of AI has been told for a long time, with different protagonists appearing one after another.

With Robinhood's mainnet, stock tokens, AI trading, and DeFi all launched, the era of on-chain finance has arrived.

Norton has added its Genie scam detection tool to Anthropic's Claude after launching it on ChatGPT earlier this year. The tool helps users identify scams, phishing attempts and suspicious links, messages and emails.