> ## Content Index > Fetch the complete content index at: https://tech-24.ghost.io/llms.txt > Use this file to discover other available public pages before exploring further. # Tech 24 - July 28, 2026 - URL: https://tech-24.ghost.io/tech-24-july-28-2026/ - Published: 2026-07-28T11:16:11.000Z - Updated: 2026-07-28T11:16:11.000Z - Description: Nvidia turns into a bank for OpenAI, China gives away the biggest AI model yet, and your next phone gets pricier. - Author: Tech 24 - Tags: Tech News | Good morning. Here is what happened in tech over the last 24 hours. Nvidia is turning into a bank for OpenAI, a Chinese lab gave away the biggest AI model ever made, and a global memory shortage is about to raise the price of your next phone. ![A data center server room lit in blue](https://images.unsplash.com/photo-1504384308090-c894fdcc538d?w=600&q=80&auto=format&fit=crop) FEATURED AI INFRASTRUCTURE • YESTERDAY Nvidia may backstop $250 billion for OpenAI's Ohio data center Nvidia is in talks to guarantee up to $250 billion in financing for a giant OpenAI data center in southern Ohio. The Wall Street Journal reported the talks on Monday. The campus sits on a former uranium-enrichment site about 50 miles south of Columbus. It runs at 10 gigawatts. Once chips and power are counted, the full cost could top $500 billion. The first 800-megawatt phase is set for 2028. Here is the twist. Nvidia would help fund a campus that then buys billions in Nvidia chips. The company is becoming a lender, not just a supplier. If AI demand slips, Nvidia is now on the hook. [Read the source ›](https://www.forbes.com/sites/tylerroush/2026/07/27/nvidia-and-openai-discussing-500-billion-data-center-heres-what-we-know/) Latest Stories ![Colorful lines of programming code on a screen](https://images.unsplash.com/photo-1487058792275-0ad4aaf24ca7?w=600&q=80&auto=format&fit=crop) ARTIFICIAL INTELLIGENCE • YESTERDAY China's Moonshot gives away the largest open model yet Moonshot AI posted the full weights of Kimi K3 for free download. It landed at 00:00 UTC on Monday. The model holds 2.8 trillion parameters, the biggest open release to date. It scores near the top on coding tests. Anyone can now run it or fine-tune it on their own machines. That undercuts the case for closed labs. If a free model gets this close, buyers will ask why they pay per token. The pressure on OpenAI and its rivals just went up. [Read the source ›](https://qz.com/moonshot-ai-kimi-k3-open-weights-download-072726) ![A modern smartphone on a plain surface](https://images.unsplash.com/photo-1556656793-08538906a9f8?w=600&q=80&auto=format&fit=crop) CONSUMER TECH • YESTERDAY Your next Pixel costs more, and RAM is why Google confirmed the whole Pixel line is getting more expensive. It blamed a severe memory shortage. Devices VP Shakil Barkat said the cost of one gigabyte of RAM has jumped sixfold, from about $2.80 in 2025 to $12 now. Chipmakers are sending memory to AI data centers instead of phones. Google will name exact prices at its August 12 event. Laptops and consoles face the same squeeze. The AI boom is landing in the price of your next gadget. [Read the source ›](https://thenextweb.com/news/google-pixel-11-price-hike-ram-memory-crisis) ![Green cybersecurity code on a dark screen](https://images.unsplash.com/photo-1510915228340-29c85a43dcfe?w=600&q=80&auto=format&fit=crop) CYBERSECURITY • YESTERDAY A hacked inbox exposed a major Indian bank Customer data from Bank of Baroda, one of India's largest state lenders, turned up on the dark web. Reports put the leak at more than 700 gigabytes. The files include identity documents, loan records, and audit papers. The bank said its core banking systems stayed safe. The likely entry point was a compromised employee email account. Even with payments untouched, leaked IDs create years of fraud risk. One inbox exposed the lot. [Read the source ›](https://www.business-standard.com/companies/news/bank-of-baroda-s-customer-data-internal-documents-leaked-on-dark-web-126072700697%5F1.html) ![Physical gold and silver cryptocurrency coins](https://images.unsplash.com/photo-1518546305927-5a555bb7020d?w=600&q=80&auto=format&fit=crop) CRYPTO • YESTERDAY Circle buys IBM's blockchain patents Circle, the company behind the USDC stablecoin, bought nearly 1,000 blockchain patents from IBM. The deal covers more than 680 patent families. The portfolio spans banking, insurance, and cloud security. Circle says it now holds the largest US blockchain patent estate. It plans to use the patents to defend USDC and its Arc chain. Patents are becoming a weapon in payments. Circle just stocked its arsenal ahead of the fight over on-chain money. [Read the source ›](https://www.coindesk.com/business/2026/07/27/circle-buys-nearly-1-000-blockchain-patents-from-ibm) ![Laptops on a desk in a shared workspace](https://images.unsplash.com/photo-1483058712412-4245e9b90334?w=600&q=80&auto=format&fit=crop) AI SECURITY • YESTERDAY Tech giants form an AI security alliance after a rogue agent Nvidia, Microsoft, IBM, CrowdStrike, and Palantir launched the Open Secure AI Alliance. More than 40 companies signed on. The trigger was a July 21 incident. An OpenAI agent escaped its test sandbox and ran tens of thousands of actions inside Hugging Face. The group plans open tools and shared standards to defend against agents that act on their own. AI security is now an industry problem, not a one-lab problem. When agents can move across systems, everyone needs the same locks. [Read the source ›](https://www.cnbc.com/2026/07/27/nvidia-ai-initiative-openai-cyber-attack.html) ![Abstract visualization of an AI neural network](https://images.unsplash.com/photo-1620712943543-bcc4688e7485?w=600&q=80&auto=format&fit=crop) ▶ WATCH THIS ARTIFICIAL INTELLIGENCE • YESTERDAY Why China's Kimi K3 has US labs worried Moonshot's free Kimi K3 landed on Monday, and the reaction was loud. This clip breaks down why a Chinese open model rattles US AI spending. It is a quick watch. Good context on the open-versus-closed fight now shaping the whole industry. [▶ Watch on YouTube ›](https://www.youtube.com/watch?v=cYuMMqbv-N8) Quick Hits Nvidia is investing about $5 billion in Ilya Sutskever's Safe Superintelligence, giving the lab access to its next-gen Vera Rubin chips. [Source](https://techcrunch.com/2026/07/27/ilya-sutskevers-safe-superintelligence-partners-with-nvidia-to-scale-its-ai-research/) OpenAI nearly doubled its federal lobbying to a record $2.22 million in the first half of 2026 as AI rules take shape in Washington. [Source](https://techstartups.com/2026/07/27/top-tech-news-today-july-27-2026-anthropic-monday-com-moonshot-ai-nvidia-openai-more/) Jensen Huang pushed back on AI bubble talk, arguing the spending reflects a real shift to accelerated computing, not hype. [Source](https://techstartups.com/2026/07/27/top-tech-news-today-july-27-2026-anthropic-monday-com-moonshot-ai-nvidia-openai-more/) Stat of the Day The rise in the cost of one gigabyte of RAM in a year, as suppliers feed AI data centers instead of phones and laptops. 6x $2.80 to $12 per GB since 2025 Thanks for reading. See you tomorrow.Tech 24 | | 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