Latest AI News - July 31, 2026

Latest AI News - July 31, 2026

1. Gemini Robotics 2 launched: Google DeepMind released Gemini Robotics 2, introducing "whole-body intelligence" for humanoid robots - allowing machines to perform complex physical tasks beyond simple tabletop movements.

2. OpenAI price cuts: OpenAI has drastically lowered prices for its GPT-5.6 models to stay competitive against emerging Chinese AI developers.

3. Anthropic's Claude Sonnet 5: Now being used in live business systems (e.g., insurance tech firm Pace uses it for multi-step insurance claims work), offering strong agentic coding capability at lower introductory pricing through Aug 31, 2026.

4. New open-weight model launches: NVIDIA released "Nemotron-Labs-TwoTower," a diffusion-based language model offering 2.42x higher throughput. Google also released "TabFM," a zero-shot model for tabular data needing no task-specific training.

5. Massive AI infrastructure investment: South Korea announced an $880 billion, 10-year investment plan covering semiconductors, AI infrastructure, and robotics, with Samsung and SK Hynix committing $518 billion toward new chip fabrication.

6. Big Tech spending surge: Meta raised its 2026 capital spending outlook to $130-145 billion, driven by AI infrastructure costs, even as investors question near-term returns from AI agent products.

7. AI regulation moving fast: Several U.S. states are advancing AI legislation, including a kids' chatbot safety bill and an AI training-data transparency act awaiting the New York governor's signature.

(Compiled from AI Weekly, Radical Data Science, Futureseek, TechStartups, and other sources - July 31, 2026)

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