The July 2 Money Trail: MGX's $49B Fund, Together AI's $800M, and Etched at $5B

The day's briefings surfaced a cluster of large infrastructure and model bets, alongside a Washington standards deal reportedly nearing completion.

The daily roundups for July 2 doubled as a map of where capital is flowing in AI infrastructure. @marcopapa99's briefing listed a $49B AI fund from MGX, an $800M raise for Together AI, and — more ominously — AI agents threatening the grant system, alongside news that Washington is near a standards deal.

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