AI Daily: Thursday, July 23, 2026

My Daily AI & Markets Briefing · Jul 23, 2026 · 9m

AMD pledges up to $5 billion to Anthropic and will supply next-gen MI450 GPUs, mounting the biggest direct challenge yet to Nvidia's dominance in frontier AI compute. • Alphabet reported record profits and booming cloud revenue, providing the first hard proof that massive AI infrastructure spending is generating real returns. • The U.S. Treasury threatened sanctions against Chinese lab Moonshot AI, alleging its Kimi K3 model was built by distilling Anthropic's Fable — a move that would set a dramatic national-security precedent. • Leading AI researchers disputed the distillation theory…