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Time:2026-07-02T19:30:19Z

Tesla's Q2 vehicle deliveries surged 25% year-over-year, signaling a rebound in consumer sentiment amid cooling Musk backlash. The AI sector saw major moves: Microsoft committed $2.5 billion to launch its own AI deployment company, while Meta's reported plan to rent out AI compute triggered a selloff in AI stocks. OpenAI is in early talks to give the US government a 5% equity stake, a move tied to the administration's AI Action Plan. China continues to advance its tech ambitions with a new quantum computing hub in Shanghai and an industrial internet roadmap targeting 50,000 5G private networks by 2030. Sony announced it will stop producing disc-based PlayStation games by 2028, pushing the industry deeper into digital distribution.

Tesla Q2 sales surge 25% as Musk backlash fades

Tesla Q2 sales surge 25% as Musk backlash fadesTesla reported a 25% increase in vehicle deliveries for the second quarter of 2026, significantly exceeding market expectations. Analysts attribute the rebound to cooling backlash against CEO Elon Musk and improving consumer sentiment. The strong performance marks a turnaround after several quarters of sluggish growth. Reports from multiple outlets confirm the sales jump across global markets.

Sources:
Tesla sales surpass expectations for second quarter as Musk backlash seems to cool (The Guardian)
Tesla saw a massive sales jump in the second quarter (TechCrunch)
Tesla sales increase by 25% in Q2 2026 (Ars Technica)
Tesla Q2 vehicle deliveries are up 25 percent over last year (Engadget)

AI industry shakeup: Microsoft's $2.5B bet and Meta's compute rental plan

AI industry shakeup: Microsoft's $2.5B bet and Meta's compute rental planMicrosoft announced a $2.5 billion commitment to launch its own AI deployment company, signaling a major push into infrastructure. Meanwhile, Meta is reportedly planning to rent out its AI computing capacity, a move that sent AI stocks tumbling. Adding to the drama, Donald Trump reportedly purchased tech stocks on the same day he unveiled his AI Action Plan. These developments point to an increasingly competitive and politically charged AI landscape.

Sources:
Microsoft launches its own AI deployment company with $2.5 billion commitment (TechCrunch)
Donald Trump bought a bunch of tech stock the same day he announced his AI Action Plan (Engadget)
Meta reportedly plans to rent out its AI compute, sending AI stocks tumblingPublished2 July 26 (Tom's Hardware)

OpenAI in talks to give US government 5% equity stake

OpenAI in talks to give US government 5% equity stakeOpenAI is reportedly in early negotiations to donate 5% of its equity to a US sovereign wealth fund. The proposal comes days after Washington reportedly delayed approval for OpenAI's GPT-5.6 model. While the stake is far smaller than what Senator Bernie Sanders had targeted, the move is seen as an effort to align with the Trump administration's AI policy direction. The deal would mark an unprecedented government stake in a major AI company.

Sources:
OpenAI ‘in early talks to give 5% stake to US government’ (The Guardian)
OpenAI proposed donating 5% of its equity to a US sovereign wealth fund (TechCrunch)
Trump gets OpenAI to offer US 5% stake, far lower than Sanders’ target (Ars Technica)
OpenAI mulling giving US gov't a 5% stake in the company, days after Washington delayed GPT-5.6Published2 July 26 (Tom's Hardware)

China advances quantum computing and industrial internet push

China advances quantum computing and industrial internet pushChina continues its technology push with Shanghai unveiling a quantum computing hub as part of its race for tech supremacy. The government also released an industrial internet road map centered on AI and 5G, targeting 50,000 industrial 5G private networks by 2030 with sector value added exceeding 2.5 trillion yuan. Guangdong province announced plans to scale up its future industry drive, while Guangzhou-based tech companies are rising to meet AI-era demands. These initiatives underscore China's strategic focus on next-generation infrastructure.

Sources:
Shanghai unveils quantum computing hub as China races for tech supremacy (SCMP)
China unveils industrial internet road map, with AI and 5G at core of upgradePlan sets target of 50,000 industrial 5G private networks by 2030, with industrial internet sector’s value added to exceed 2.5 trillion yuan. (SCMP)
Guangdong to scale up future industry drive (China Daily)
Guangzhou tech company rises to meet the demands of the AI era (China Daily)

Sony to end disc-based PlayStation games by 2028

Sony to end disc-based PlayStation games by 2028Sony announced it will stop releasing PlayStation games on physical discs starting in 2028, marking a major milestone in the gaming industry's shift to all-digital distribution. The decision has sparked concern among digital archivists, who are rushing to preserve PS3 game data ahead of Sony's planned shutdown of the PS3 online store in 2027. The move follows a broader industry trend toward digital-only gaming and subscription models.

Sources:
PlayStation will stop releasing games on discs in 2028 (BBC)
Sony will stop making disc-based PlayStation games starting 2028 (Engadget)
Digital archivists rush to save PS3 game data before Sony shuts down the store forever in 2027Published2 July 26 (Tom's Hardware)