AI Daily Briefing

AI Cloud Deals Turn Compute Into the Product

Monday, July 20, 2026 · 10 min

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IREN signed $2.8 billion in AI cloud contracts, Blockspace’s William Foxley reports, as Sharon AI added a $1.32 billion New Zealand deal and Meta reportedly explores leasing compute to Anthropic.

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IREN signed $2.8 billion in AI cloud contracts, Blockspace’s William Foxley reports, as Sharon AI added a $1.32 billion New Zealand deal and Meta reportedly explores leasing compute to Anthropic.

In this episode

  1. IREN signs $2.8 billion in AI cloud deals, raises 2026 ARR ... — Blockspace

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  2. Sharon AI seals USD $1.32 billion cloud deal in NZ — IT Brief New Zealand

    Sharon AI seals USD $1.32 billion cloud deal in NZ IT Brief New Zealand - Technology news for CIOs & IT decision-makers New Zealand Powered By # Sharon AI seals USD $1.32 billion cloud deal in NZ Mon, 20th Jul 2026 (Today) SEAN MITCHELL Publisher Sharon AI has signed a five-year cloud computing services agreement worth USD $1.32 billion with an unnamed global artificial intelligence…

  3. Anthropic, Meta Negotiate $10 Billion AI Resource Lease — ChosunBiz

    Anthropic, Meta Negotiate $10 Billion AI Resource Lease # Anthropic, Meta Negotiate $10 Billion AI Resource Lease Meta Aims to Diversify Revenue, Compete with Neocloud Firms Amid AI Resource Demand By Jeong Du-yong(ChosunBiz) Published 2026.07.19. 11:23 Anthropic logo. /Reuters-Yonhap The negotiations are in the early stages, and there is a possibility they may not lead to a final contract.…

  4. Netflix paid $587M for Ben Affleck’s AI filmmaking startup | TechCrunch — TechCrunch

    Netflix paid $587M for Ben Affleck’s AI filmmaking startup | TechCrunch Copy Share Link In Brief Posted: 2:45 PM PDT · July 19, 2026 Image Credits:Netflix - Anthony Ha # Netflix paid $587M for Ben Affleck’s AI filmmaking startup In a new regulatory filing, Netflix revealed that it paid $587 million in cash for InterPositive, a startup co-founded by actor and director Ben Affleck. The…

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    Brain-Like Learning Rule Cracks Convolutional Networks: Sakana AI Measures the Biology Tax Sakana.ai Every neural network powering your phone's camera, the language model on your screen, and the recommendation engine choosing your next video was trained with the same four-decade-old algorithm: backpropagation. It works extraordinarily well. It also, as neuroscientists have documented since at…