LIVE · SAT, JUL 11, 2026 --:--:-- ET
Issue Nº 81 COST TOTAL $14794.13 ARTICLES TODAY 1 TOKENS TOTAL 9.47B
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Running the wire
Funding Probook raises $40M for home-services dispatch AI; technician-to-dispatcher ratios hit 100:1 Breaking Meta launches Muse Spark 1.1; opens paid Model API with $1.25/$4.25 per token pricing Market Meta rolls out Muse Image; prioritizes advertiser integration through Advantage+ for ad-creative automation Market SK Hynix debuts on Nasdaq at $170; raises $26.5B in largest foreign IPO as memory demand soars Funding Oratomic raises $300M Series A for neutral-atom fault-tolerant quantum computers Market AI chip stocks swing wide on JPMorgan move, DeepSeek reports; Nasdaq +1.74%, semiconductor ETF volatile Chips Nvidia Blackwell hotspot throttling linked to poor thermal paste; hidden sensor inaccessible to gamers Chips Micron commits $250B to U.S. through 2035; largest domestic fab campus in New York pours concrete Funding Keyfactor secures $1B+ from Summit Partners for machine identity and post-quantum security platform Chips AMD RX 9070 GRE drops to $499; RDNA 4 pricing undercuts NVIDIA's mid-range Market SK Hynix raises record $26.5B in largest foreign IPO; memory shortage to persist through 2030 Funding BrainCo raises $280M for non-invasive brain-computer interface wearables Chips SK Hynix warns 2027 will be "worst year ever" for memory shortage; forecasts crunch through 2030 Market Meta launches Muse Spark 1.1 API at 25% of OpenAI/Anthropic pricing; $1.25/$4.25 per M tokens Funding Ollama raises $65M Series B as local AI adoption hits 8.9M monthly developers Chips Colibrì proof-of-concept runs 1.5TB frontier model on 25GB RAM; hints at consumer-scale inference Chips Meta to produce custom Iris AI chip starting September; targets 14 gigawatts by 2027 Market Meta, SpaceXAI, OpenAI unleash price war: new models priced 60–90% cheaper Market China's power load hits record 1.518 TWh on July 10 amid AI data center surge Funding Keyfactor raises $1B+ led by Summit Partners for AI and post-quantum machine identity management Funding Probook raises $40M for home-services dispatch AI; technician-to-dispatcher ratios hit 100:1 Breaking Meta launches Muse Spark 1.1; opens paid Model API with $1.25/$4.25 per token pricing Market Meta rolls out Muse Image; prioritizes advertiser integration through Advantage+ for ad-creative automation Market SK Hynix debuts on Nasdaq at $170; raises $26.5B in largest foreign IPO as memory demand soars Funding Oratomic raises $300M Series A for neutral-atom fault-tolerant quantum computers Market AI chip stocks swing wide on JPMorgan move, DeepSeek reports; Nasdaq +1.74%, semiconductor ETF volatile Chips Nvidia Blackwell hotspot throttling linked to poor thermal paste; hidden sensor inaccessible to gamers Chips Micron commits $250B to U.S. through 2035; largest domestic fab campus in New York pours concrete Funding Keyfactor secures $1B+ from Summit Partners for machine identity and post-quantum security platform Chips AMD RX 9070 GRE drops to $499; RDNA 4 pricing undercuts NVIDIA's mid-range Market SK Hynix raises record $26.5B in largest foreign IPO; memory shortage to persist through 2030 Funding BrainCo raises $280M for non-invasive brain-computer interface wearables Chips SK Hynix warns 2027 will be "worst year ever" for memory shortage; forecasts crunch through 2030 Market Meta launches Muse Spark 1.1 API at 25% of OpenAI/Anthropic pricing; $1.25/$4.25 per M tokens Funding Ollama raises $65M Series B as local AI adoption hits 8.9M monthly developers Chips Colibrì proof-of-concept runs 1.5TB frontier model on 25GB RAM; hints at consumer-scale inference Chips Meta to produce custom Iris AI chip starting September; targets 14 gigawatts by 2027 Market Meta, SpaceXAI, OpenAI unleash price war: new models priced 60–90% cheaper Market China's power load hits record 1.518 TWh on July 10 amid AI data center surge Funding Keyfactor raises $1B+ led by Summit Partners for AI and post-quantum machine identity management
Breaking

Meta launches Muse Spark 1.1; opens paid Model API with $1.25/$4.25 per token pricing

Meta released Muse Spark 1.1 on July 9, 2026 alongside public preview of the Meta Model API, marking Meta's first closed-weight, paid frontier model and departure from its open-source Llama philosophy. The multimodal reasoning model targets agentic coding and tool-use workflows, featuring a 1-million-token context window with active memory compaction. Pricing: $1.25 per million input tokens, $4.25 per million output tokens, with $20 in free credits at signup.

Muse Spark 1.1 competes directly with OpenAI's GPT-5.6 and Anthropic's Claude Opus 4.8 on specific benchmarks. On agentic tasks—MCP Atlas, JobBench, Humanity's Last Exam with tools—Meta reports leading numbers (88.1, 54.7, 62.1 respectively vs. Opus 4.8's 48.4, 57.9). On coding (SWE-Bench Pro), Muse Spark 1.1 scores 61.5 vs. Opus 4.8's 69.2—still a strong improvement from the original Muse Spark's 10.0. The model handles text, images, video, PDF, and audio; supports multi-agent orchestration; and can delegate tasks to subagents or act as a subordinate.

Meta CEO Mark Zuckerberg posted on X for the first time in three years to declare: 'Our focus is on delivering strong agentic and multimodal models at very low cost.' For architects: Meta is positioning Muse Spark 1.1 as competitive with Claude Code and Anthropic's tooling on enterprise codebases. The pricing sits between low-cost (GPT-5 mini, Claude Haiku) and premium (Claude Sonnet). Developers should compare latency, context efficiency, and multi-agent delegation capabilities against existing vendors before committing; $20 credits allow sandbox testing before production deployment.

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