Monday 6 July 2026
Brought to you by
Top stories today:
Anthropic to develop custom AI server chip, hold talks with Samsung
Crusoe seeks to raise $3B at ~$30B valuation
Apple to delay foldable iPhone sales until Q4 as shipments lag
$TRUMP memecoin saw $3.8B in losses for 1M retail buyers
ElevenLabs explores staff share sale at ~$22B valuation
0. Data & Calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing todayās newsletter (beware of hallucinations):
1. Anthropic said to develop custom AI server chip, hold talks with Samsung
Anthropic reportedly held discussions with multiple chip design firms but has yet to move into detailed design, testing, or manufacturing.
The Claude maker is still exploring what the processor should do and how powerful it should be.
May: Samsung invested in Anthropicās $65B funding round alongside SK Hynix and Micron, the two other leading memory suppliers.
Jun.: OpenAI unveiled JalapeƱo, its first inference chip developed with Broadcom.
Separately, Anthropic has reportedly tapped Freshfields to advise on its IPO.
Fill key roles faster, without waiting weeks or months for the pipeline to behave.
AI-assisted matching and structured vetting help you find people who fit the role and the team.
Cut time and cost with a process built for scale, not endless back-and-forth.
*Sponsored.
3. Crusoe said to seek $3B at ~$30B valuation
A final valuation has reportedly yet to be set as the company remains in active talks on the funding round.
Crusoe counts Meta, Oracle, Microsoft, and Google among its customers.
See what enterprise-ready AI support looks like
How are leading teams getting AI support to work? We're breaking down the playbook, live July 9.
5. Apple said to delay foldable iPhone sales until Q4 as shipments lag
<1M foldable iPhone shipments expected in Q3, Ming-Chi Kuo said.
~20ā22M iPhone 18 Pro and Pro Max shipments expected in Q3.
The foldable iPhone could repeat the iPhone Xās delayed availability.
Estimated pricing of ~$2,300ā$2,500 would position it against Samsung and other foldable smartphones.
