TechCrunch Top 3

Smart glasses maker Even Realities hits $1B valuation with $150M funding led by Meituan, Tencent: Even Realities, an ex-Apple team building camera-free smart glasses, raised $150 million from Meituan and Tencent at a $1 billion valuation. Read More

Amazon will stop accepting new customers for Mechanical Turk: These may be the last days of Amazon’s Mechanical Turk. Read More

Trump memecoin investors lost $3.8 billion, analysis finds: Nearly 1 million people have lost a total of $3.8 billion after buying President Donald Trump’s $TRUMP memecoin, while Trump made $636 million. Read More

A message from General Compute

General Compute is making a $300m bet against GPUs

General Compute raised $15m to build the worlds first ASIC cloud. By removing the GPU bottleneck, it runs frontier LLMs up to 16x faster than standard GPU clouds. ASIC silicon is also far more energy efficient, so it deploys in air-cooled data centers, making growth and expansion dramatically easier.

Learn more here

Morning Must-Reads

Almost 90 new unicorns have been minted so far this year — here they are: With AI igniting an investor frenzy, more startups are achieving unicorn status every month. Read More

Canadian spy agency says it hacked drug traffickers, extremists and a ransomware gang last year: The hacking operations disclosed in a Canadian spy agency's annual report underscores some pressing national security threats facing the country and its top allies. Read More

This humanoid robotics company is going public, but its CEO isn't promising a robot in your home anytime soon: While other humanoid startups chase sky-high valuations, Agility Robotics is betting its future on execution — and a SPAC. Read More

5 desk gadgets that can make your workday better: The right desk gadgets can help you reduce clutter, stay focused, and add a little extra convenience to your day. Read More

New Google commercial imagines a Declaration of Independence written with help from AI: Two hundred and fifty years after the signing of the Declaration of Independence, a new commercial asks: What if the Founding Fathers had access to Google Workspace? Read More

A message from TechCrunch Events

Your PC refresh strategy is already behind - free webinar, July 29

Thinking about stretching your PC fleet to wait out the price spike? The research says that's backward. Organizations that handle AI PC transitions best refresh consistently — not with a one-time buy. Join us for a free online webinar on July 29th at 10am PT/1pm ET to learn how to spec smarter for what's coming.

Last but Not Least

How to reserve and change your WhatsApp username: WhatsApp now lets users reserve usernames ahead of the feature’s full rollout, making it possible to connect without sharing a phone number once usernames go live. Read More