AI News Flash
AI News Flash for July 22, 2026 at 18:00 UTC. Topics: 1. AMD to invest up to $5B in Anthropic + tens of billions in AI servers https://www.reuters.com/business/amd-invest-up-5-billion-anthropic-wsj-reports-2026-07-22/ 2. White House accuses Moonshot AI over banned Nvidia chips and distillation https://qz.com/white-house-moonshot-ai-nvidia-chips-anthropic-kimi-k3-072226 3. OpenAI's infrastructure spending balloons to $750B https://techcrunch.com/2026/07/22/openais-ai-spending-spree-has-ballooned-to-750b/ 4. Reddit stock drops 9% as Google AI content deal nears expiration https://qz.com/reddit-stock-google-ai-content-deal-072226 5. Monday.com lays off 630 employees, 20% of staff, to focus on AI https://techcrunch.com/2026/07/22/monday-com-lays-off-hundreds-to-focuses-on-ai/
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