Technology

Google DeepMind CEO Demis Hassabis published a detailed proposal on July 14, 2026 for a FINRA-style self-regulatory organization that would require frontier AI labs to submit models for safety evaluation up to 30 days before release, funded by industry assessments rather than congressional appropriations. The plan is structurally lighter than competing proposals from Anthropic's Dario Amodei, who wants an FAA-style federal agency, and OpenAI's Sam Altman, who has called for an international forum, and it deliberately avoids creating a new government body to navigate the Trump administration's stated opposition to an FDA-equivalent for AI. Three design questions remain unresolved: how 'frontier' will be defined, who decides when voluntary review becomes mandatory, and how the body would relate to the Commerce Department's existing export-control authority.

ASML has lifted its 2026 net sales guidance to €43B–€45B, up from a January forecast of €34B–€39B, as AI-driven orders for EUV and DUV lithography systems outpace the company's manufacturing capacity. The revised figure places ASML's 2026 revenue at the low end of targets the company had set for 2030, effectively pulling that milestone forward by four years. Supply constraints, not demand, are now the binding limit, with low-NA EUV output for 2027 described as nearly fully booked before formal purchase orders are complete.