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Consumer Tech (Jul 13

AI News July 19, 2026 07:30 PM
Consumer Tech (Jul 13

President Donald Trump‘s One Big Beautiful Bill Act cost the clean energy, manufacturing and industrial sector $82.8 billion through cancellations and delays in the U.S.

Vice President JD Vance warned that artificial intelligence (AI) could unleash major economic growth but said workers must have a role in shaping the distribution of wealth created by the technology.

Former House Speaker Nancy Pelosi criticized President Donald Trump and congressional Republicans, arguing that their budget priorities favor military spending over addressing the financial challenges facing American families.

Meta has significantly ramped up its investment in the Hyperion data center project in Louisiana. The project’s cost now surpasses a whopping $50 billion.

Nuburu, Inc. (AMEX:BURU) announced a proposed public offering that is expected to be priced above the current market price.

Taiwan Semiconductor will pour an extra $100 billion into its Arizona facilities to cater to the burgeoning customer demand.

Broadline Retail, Entertainment & Smartphones

Automobile, Aerospace & Satellites

The U.S. aviation sector is reportedly pushing lawmakers to approve a funding package worth $20 billion to modernize the country’s aging air traffic control (ATC) systems, as well as curb flight disruptions.

The U.S. electric vehicle (EV) Average Transaction Price (ATP) declined 4.5% in June, despite the absence of Federal incentives for all-electric vehicles amid President Donald Trump‘s anti-EV stance.

Autonomous vehicle operators like Waymo were slammed by San Francisco Mayor Daniel Lurie following multiple incidents and disruptions involving Robotaxis in the city.

Anthropic is reportedly working with major banks to expand its borrowing capacity as the artificial intelligence startup gears up for a potential public listing later this year.

OpenAI’s high-stakes foray into consumer devices would reportedly start with a mobile, screen-free smart speaker designed as an AI companion capable of controlling smart home appliances.

Chinese artificial intelligence startup DeepSeek is reportedly preparing for an initial public offering and seeking fresh funding, with the company targeting an IPO filing as soon as this year.

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