The Weekend EditionSaturday, July 18, 2026 · Past editions

The Amped Journal

A daily briefing brought to you by Amped Ventures

Intuit $291.09 -1.26% 24h · +8.66% 30d | SpaceX $123.99 -5.43% 24h · -35.36% 30d | Nasdaq Composite $25,520.24 -1.4% 24h · -1.93% 30d | S&P 500 $7,457.69 -1.01% 24h · +0.51% 30d

The Week in Review

This was a week of escalation on multiple fronts: shooting and shutdown threats around the Strait of Hormuz, a mounting death toll from the ICE crackdown, and the sudden death of Senator Lindsey Graham - set against a fast-moving AI race as GPT-5.6 launched into overwhelming demand and Starship 13 finally cleared the pad.

Iran War Escalates: Hormuz Shut, Reopened, Blockaded, Bombed

Jul 11 - Jul 17

A week of dueling strikes and shutdown claims over the world's key oil chokepoint, with Iran saying more than 30 have been killed

Saturday, Iran buried Ayatollah Ali Khamenei after a dayslong funeral procession, with the country saying it remained unified under his successor, Ayatollah Mojtaba Khamenei. When a performer at the funeral called for Trump's death before a crowd of hundreds of thousands in Tehran, Trump responded on Truth Social that "1000 Missiles are Locked and Loaded and aimed at the Islamic Republic of Iran." US officials said renewed strikes that week had followed a rogue faction of Iranian hardliners trying to sabotage the ceasefire with Washington, and officials were pressing Iran to declare the Strait of Hormuz safe for shipping.

By Sunday, Iran's Revolutionary Guard navy announced it was closing the strait "until further notice," a move that followed fresh US strikes launched in response to an attack on a Cyprus-flagged container ship. The strait carries roughly a fifth of the world's oil shipments, and the closure marked a sharp break from the ceasefire that had appeared to hold just days earlier.

Monday, the US and Iran each claimed to control the strait after a weekend of attacks that spread across the Middle East. US Central Command said it launched another wave of strikes to degrade Iran's ability to hit ships in the waterway, while Iran escalated attacks on US bases in Gulf states and warned of more "incidents" in the strait. Both sides released dueling missile-exchange footage as oil prices climbed. That same Monday, per Tuesday's report, Trump said the US was "reinstating" a blockade on Iran in the strait and would charge ships for passage, while claiming strikes had "demolished" Iran's military and accusing Tehran of backing out of a recent deal.

Wednesday, Iran's Revolutionary Guard responded to the reimposed blockade by threatening to halt all Middle East energy exports, a threat that would extend beyond Iranian oil to tankers from Saudi Arabia, the UAE and Qatar. Iran said US strikes had killed more than 30 people and wounded over 260 in recent days. That same day, the US launched additional airstrikes, with Trump pledging to keep bombing until Tehran stopped attacking ships and agreed to reopen the strait; oil markets kept climbing as both sides traded claims of control.

By Friday, US strikes overnight hit bridges in Iran's Hormozgan province, killing at least seven people and apparently collapsing a tower at a key Iranian port, according to Iranian state television and the Associated Press. The bombardment continued under the same policy Trump had set out days earlier: keep striking until Iran stops attacking shipping and reopens Hormuz, with vessels charged for passage. Tehran's death toll claim from the campaign stood above 30, and its Revolutionary Guard's threat to halt regional energy exports remained on the table, with oil markets and shipping insurers still the key indicators to watch.

ICE Crackdown's Toll Mounts as Trump Reverses a DHS Safety Pause

Jul 11 - Jul 17

Fatal shootings, 17 deaths under Mexican investigation, and a traffic-stop pause Trump ordered undone within days

Saturday brought word that ICE had arrested roughly 10,000 people over just five days at the end of June, a sharp escalation in the Trump administration's mass deportation push, according to arrest numbers the AP obtained. The same day, Rep. Sylvia Garcia criticized ICE agents for fatally shooting a man in the country illegally who allegedly tried to run over agents with his car, arguing "you shoot the tires, you don't shoot the driver" - an early sign of the use-of-force debate that would dominate the week.

By Tuesday, Mexico City officials were demanding criminal investigations into the deaths of 17 Mexican nationals in the US since the crackdown began last year, per the Washington Post.

Wednesday brought two more deaths in quick succession: a man in Florida was struck and killed by a tractor-trailer while fleeing an encounter with immigration agents, and security video captured a fatal ICE shooting in Biddeford, Maine - the agency's second deadly shooting in a week and at least the ninth death tied to the crackdown overall. Following protests in Biddeford, the Department of Homeland Security ordered agents to temporarily halt most vehicle stops during deportation operations.

That pause didn't last. On Thursday, President Trump said ICE should keep making traffic stops despite DHS's own order suspending them, an apparent contradiction of his administration's decision that left it unclear how field offices would reconcile the two directives.

Friday added a new wrinkle: the ICE officer who shot the Colombian man in Biddeford has a documented history of threatening behavior and mental illness, according to family members and court records cited by the AP. The disclosure, arriving just as Trump's reversal took hold over DHS's pause, leaves unresolved which directive is actually governing agents in the field - and is likely to intensify scrutiny of how ICE vets its officers and governs use of force.


Lindsey Graham's Sudden Death Draws Tributes, Cause Confirmed

Jul 12 - Jul 15

The South Carolina senator and Iran hawk died of a torn aorta days before a Russia sanctions bill he championed advanced.

Sen. Lindsey Graham, the senior Republican senator from South Carolina and a leading Iran hawk, died Saturday night, July 11, at age 71. His office said he passed after a "brief and sudden illness" without elaborating. First elected in 2002, Graham had evolved from an early Trump skeptic into one of the president's closest Senate allies, especially on national security and Iran policy. His death prompted reflection in Washington, including from podcaster Jason Calacanis, who used it to renew calls for cognitive testing and term limits for aging political leaders.

By Monday, July 13, the medical examiner's office released preliminary findings: Graham died of a torn aorta caused by arteriosclerotic cardiovascular disease. His official death certificate remained pending. President Trump also paid tribute that day, calling Graham's defense of Justice Brett Kavanaugh during his confirmation fight "his finest moment" and "a top ten, maybe top five moment in the history of the Senate."

Two days later, on Wednesday, July 15, Graham's legislative legacy resurfaced: a new Russia sanctions bill he had spearheaded, and which Trump backs, would target the top five buyers of Russian crude oil and natural gas, including China and India.


GPT-5.6 Launches, Then Scrambles to Keep Up With Its Own Demand

Jul 11 - Jul 15

OpenAI's new model line spread from health claims to Microsoft 365 to a growth surge Altman said outpaced capacity.

Saturday 7/11, OpenAI launched its GPT-5.6 lineup, saying the smaller "Luna" variant matched GPT-5.5's top-tier performance at 25 times lower cost and calling it "a major step forward for health intelligence." The same day, CEO Sam Altman announced GPT-5.6 had become the default model inside Microsoft 365 Copilot, putting it in front of the enterprise users already working in Word, Excel, Outlook and Teams. Early developer reaction was positive: Snorkel AI's Ankit Aich had the model complete a nearly 1,000-line coding task without repeated prompting, and researcher Simon Willison floated the flagship "Sol" variant at medium reasoning as a new default for coding work.

Sunday 7/12, Altman added a health-specific claim, saying physicians reviewing medical responses found fewer errors in GPT-5.6's answers than in ones written by human doctors. Venture capitalist Marc Andreessen echoed the sentiment, writing that "AI is already a better doctor than 99.99% of human doctors." Altman also said AI's employment impact has so far been "net job-creating," though he added he expected some negative effect by now and hasn't seen it - cautioning "it is possible this direction keeps going."

By Wednesday 7/15, the story shifted to strain from demand. Altman said "5.6 sol growth is insane" and warned that despite "heroic work" from OpenAI's inference team, "it is possible there are some hiccups soon," noting usage of its agentic products, Codex and ChatGPT work, had risen 2.5x in a week. OpenAI Developers said Codex had passed 7 million weekly users after more than 150 updates in two months, including GPT-5.6 support, a new "Ultra" tier, parallel task execution, and full pull-request workflows. Altman also claimed Sol beats Anthropic's Claude Fable on price and efficiency, saying it's half the price and roughly twice as token-efficient "for accomplishing the same task."</body> </invoke>


Starship Flight 13 Clears Tests, FAA Review, Then Launches

Jul 11 - Jul 17

A week of static fires, an actuator snag, and an FAA sign-off ended in Thursday evening's liftoff from Starbase.

Saturday brought the first big milestone: SpaceX ran a full-duration static fire of all 33 Raptor engines on Booster 20, the next-generation Super Heavy V3 booster, with Elon Musk sharing footage of the test. By Sunday, SpaceX and Musk were both pointing to Thursday, July 16 for Flight 13's launch - though NASASpaceflight reported a broken actuator on Booster 20 at Starbase's Pad 2 had delayed moving the booster back to the production site for final closeout work, pushing the next road closure to Sunday morning.

Monday's update showed the campaign back on track: Booster 20 and Ship 40 were staged at the Production Site awaiting rollout to Pad 2, with July 16 still standing as the earliest launch date.

Tuesday brought a regulatory green light. The FAA closed its investigation into the May 22 Flight 12 failure, in which heat damage to propulsion parts and faulty alarms contributed to the Super Heavy booster's rough splashdown. SpaceX applied four hardware and software fixes, clearing the way for Flight 13, which aims to deploy 20 Starlink V3 satellites, relight a Raptor engine in space, and test reentry maneuvers. On Wednesday, Booster 20 rolled to Pad 2, where the pad's "chopstick" arms placed it on the orbital launch mount, still on track for Thursday.

Thursday, Musk confirmed the mission was "still tracking to fly" after the booster's rollout and static-fire testing. By Friday's report, Starship's 13th flight test had lifted off Thursday evening from Starbase, after the countdown briefly stood down and held at T-60 seconds before resuming. SpaceX said the flight is a key test of vehicle maneuverability while docked, meant to inform how Starship performs the burn to send astronauts to the Moon under NASA's Artemis program. Results of the flight were not yet available.

Also This Week

Markets This Week

10-yr Treasury yield: 4.54% · 30-yr mortgage avg: 6.55% (as of 7/16/2026)

Equities pulled back this week - the Nasdaq fell 2.9% and the S&P 500 slid 1.55%, with Asian chip stocks also sliding on AI valuation jitters. SpaceX shares kept falling, down 14.67% on the week and now trading below their $135 IPO price, leaving short sellers sitting on $3.88 billion in paper profits ahead of Starship's next flight. Intuit was the bright spot, up 5.87% on the week to $291.09, while the 10-year Treasury held at 4.54% and the 30-year mortgage rate sat at 6.55%.

White House AI Adviser Warns U.S. Risks Losing AI Race to China

David Sacks says policy reactions to Moonshot AI's open-weight Kimi K3 model are 'tying America in knots.'

David Sacks, the venture investor serving as the White House's AI and crypto policy lead, warned Friday that the United States is on track to lose the AI race to China after Moonshot AI's Kimi K3 model climbed to the top of a leading coding benchmark, beating Anthropic's flagship Fable 5.

Kimi K3, released July 16, packs 2.8 trillion parameters with native vision capability and posted an Elo score of 1679 on Arena.ai's Frontend Code leaderboard. Moonshot plans to release the model's full weights publicly by July 27, letting developers worldwide fine-tune and deploy it without licensing restrictions.

Sacks argued the U.S. is "tying itself in knots" with data-center bans and a push for federal agencies to pre-approve model releases. "This is how you lose the AI race," he wrote, framing restrictive domestic AI policy as a bigger threat to U.S. competitiveness than China's model progress itself.

Anthropic Confirms Fable 5 Is Staying in Claude Subscriptions

Max and Team Premium plans keep the flagship model at reduced limits starting July 20, after weeks of user backlash over its removal.

Anthropic confirmed this week that Fable 5, its top-tier Claude model, will remain available on paid subscription plans rather than moving to pay-per-token pricing only. Developer Simon Willison, a widely followed voice in the AI coding community, called the reversal a relief, joking that the "Fablepocalypse" some subscribers feared has been "permanently cancelled."

The model's status has been in flux for weeks: Anthropic pulled Fable 5 and a companion model from subscriptions on June 12 after U.S. export-control action, restored it, then said in early July it would leave subscriptions again after July 7. Backlash from paying users forced two extensions, most recently through July 12.

Under the plan now in effect, Max and Team Premium subscribers keep Fable 5 at 50% of normal rate limits starting July 20, while Pro and Team Standard subscribers get a $100 usage credit instead of standing access. Anthropic says it still intends to restore full subscription access once capacity allows but hasn't given a timeline.


OpenAI's GPT-5.6 Sol Sets Cybersecurity Benchmark Record

The model topped a 32-step corporate-attack simulation as OpenAI launched Codex Security to hunt real vulnerabilities.

OpenAI said Friday that GPT-5.6 Sol set a new state-of-the-art score on "The Last Ones," a 32-step simulated corporate-network attack used by the UK's AI Security Institute to measure offensive and defensive cyber capability in frontier models.

The company is pairing the result with a new Codex Security plugin that scans a developer's codebase, saying it's already seeing the capability translate into defensive outcomes - helping teams find, validate and fix vulnerabilities in real-world code rather than just flagging them.

The push comes as OpenAI leans into cybersecurity as a selling point for GPT-5.6 Sol, alongside broader claims from CEO Sam Altman that the company's product lineup over the next 12 months will be its strongest yet.


National Wave of Data Center Protests Hits 125-Plus Cities

Texas led with 16 demonstrations as organizers predict the fight becomes a defining 2026 and 2028 political issue.

Opponents of the rapid U.S. data center buildout held coordinated protests Saturday in more than 125 locations nationwide, the first organized national effort to channel local anger at AI infrastructure expansion, Reuters reported.

The protests were organized by HumansFirst, a grassroots group co-founded by Amy Kremer, a former Tea Party leader who compared the movement's early days to the 2009 anti-tax populist wave, though she says opposition to data centers is nonpartisan. Texas, a hotspot for data center development despite being a Republican stronghold, had the most demonstrations with 16, followed by Georgia with 11 and California, Florida and Pennsylvania with 7 each.

Organizers say the protests are meant to pressure local, state and federal officials over rising utility costs, water demand, noise, land-use changes and national-security risks tied to the AI buildout. Kremer predicted data centers will be a defining issue in November's midterms and the 2028 presidential race.


New: Iran Strikes Kuwait's Water Plant Twice as U.S. Bombing Continues

About 90% of Kuwait's drinking water depends on desalination; U.S. forces hit Iran for a seventh straight night.

Iran struck a Kuwaiti desalination and power plant for the second time in two days, the Associated Press reported, escalating the Gulf conflict beyond Iran and threatening a country where roughly 90% of drinking water comes from desalination.

The strike came as U.S. Central Command said it carried out its seventh straight night of attacks aimed at degrading Iran's military, part of the bombing campaign Washington launched to enforce a blockade of the Strait of Hormuz until Tehran stops attacking shipping.

Reuters reported Iran renewed attacks on Gulf states more broadly following the latest round of U.S. strikes, suggesting the conflict is widening beyond direct U.S.-Iran exchanges to draw in American allies in the region.

Developing / On Watch

Contents ↑

Ongoing stories worth tracking over the next few days.

AI & Frontier Models

Contents ↑

xAI Touts Grok 4.5 as the Cheapest Near-Frontier Coding Model

Musk keeps promoting the model weeks after launch, citing a 60% price cut versus Claude Opus 4.8.

Elon Musk continued promoting Grok 4.5, xAI's coding-focused model that launched July 8, calling it the best value for coding and "arguably #1" when weighing speed and cost. The model runs at 80 tokens per second with a 500,000-token context window, priced at $2 per million input tokens and $6 per million output tokens - more than 60% cheaper than Anthropic's Claude Opus 4.8.

Independent benchmarks show Grok 4.5 solves coding tasks using about 4.2 times fewer tokens than Opus 4.8 and topped the SWE Marathon benchmark, but the efficiency comes with a tradeoff: its hallucination rate rose from 25% to 54% as raw accuracy improved from 35% to 52%.


Even AI Insiders Can't Explain the Top Labs' Data-Training Policies

Developer Simon Willison says he can't confidently summarize any major lab's policy - including Google's own internal rules.

Simon Willison, a widely followed AI developer, said this week that despite following the space closely, he "couldn't confidently summarize" whether or how any leading AI lab trains models on user data - and argued that clarity on the question is now one of the biggest competitive advantages a lab could offer.

He pointed to a report that Google itself restricted employees early in Gemini's rollout from using the assistant to write or analyze software, over fears that proprietary code could leak into the model's training data. Those internal restrictions have since been relaxed; Google says about 75% of its code is now AI-generated and passes review to production.

US Politics

Contents ↑

Trump Rule Ends Indefinite Stays for Foreign Students

New DHS rule caps F and J visas at four years, ending decades of open-ended 'duration of status.'

The Department of Homeland Security finalized a rule this week eliminating the 'duration of status' policy that let foreign students and exchange visitors remain in the U.S. indefinitely while enrolled. Going forward, most F and J visa holders will be capped at four years and must reapply to stay longer, regardless of whether they've finished their degree or plan to pursue graduate study.

The rule also restricts students' ability to change majors or transfer schools after arrival, shortens the post-graduation grace period to leave or change status from 60 to 30 days, and limits foreign journalists to 240-day admissions - just 90 days for Chinese nationals.


Trump Administration Narrows Protections for Threatened Species

A policy change would let Americans still kill or trap species like pygmy rabbits and manatees even if listed as threatened.

The U.S. Fish and Wildlife Service is weighing whether to list pygmy rabbits and Florida manatees as threatened with extinction, but a policy change issued by the Trump administration means such a listing would no longer automatically bar Americans from killing, trapping or harassing the animals, the Washington Post reported. The change affects only species listed as 'threatened,' one tier below 'endangered' under the Endangered Species Act, where blanket protections have traditionally applied automatically.

Space & SpaceX

Contents ↑

New: Starship Flight 13 Actually Aborted at Ignition, Not Launched

Four Raptor engines failed to fire at T-0; SpaceX now targets Monday for a second attempt.

SpaceX's Starship Flight 13 did not lift off Thursday as initially reported - the flight computer triggered a last-second abort at T-0 after four of the Super Heavy booster's 33 Raptor 3 engines failed to ignite during startup, according to NASASpaceflight.com and Space.com. Booster 20 was destacked and rolled back to Starbase's production site, where two Raptor engines are being replaced.

Elon Musk confirmed the engine swap on social media. SpaceX is now targeting Monday, July 20, for the next attempt, during a 90-minute window opening at 6:45 p.m. EDT.


Serbia Becomes 69th Nation to Join Artemis Accords

NASA's accords set shared rules for safe, peaceful space exploration under the U.S.-led Artemis program.

NASA announced Friday that Serbia has signed the Artemis Accords, becoming the latest of 69 nations to commit to a common framework for safe and peaceful space exploration alongside the U.S.-led Artemis lunar program.


India's Skyroot Becomes Third Nation With Private Orbital Launch

Vikram-1 lifted off Saturday, making India's Skyroot Aerospace only the third private company ever to reach orbit.

Hyderabad-based Skyroot Aerospace successfully launched Vikram-1, India's first privately developed orbital rocket, Saturday under 'Mission Aagaman' from the Satish Dhawan Space Centre. The four-stage, seven-story rocket - named for Vikram Sarabhai, the father of India's space program - can carry about 770 pounds to low Earth orbit and is designed for rapid, on-demand small-satellite launches.

The success makes India only the third nation, after the U.S. and China, to have a private company capable of launching a rocket into orbit.

Local - Wilmington & Wrightsville Beach

Contents ↑

Gray Media to Buy Wilmington's WSFX-TV in $50M Deal

The Fox affiliate joins five other stations in a purchase from American Spirit Media; Gray already owns NBC's WECT locally.

Atlanta-based Gray Media agreed to buy six television stations, including Wilmington's Fox affiliate WSFX-TV, from American Spirit Media for $50 million. Gray already owns Wilmington's NBC affiliate WECT and has long produced WSFX's local news under a shared-services arrangement, so viewers likely won't see immediate changes. The first of two closings was completed June 30, funded partly by a $70 million private placement of 7.25% notes, according to SEC filings.


Charleston Homebuilder New Leaf Expands Into Brunswick County

New Leaf Builders, which built nearly 150 homes at Riverlights, is now building at Leland's 2,000-acre East Lake community.

New Leaf Builders, a Charleston-area homebuilder that established its Wilmington presence at the 1,400-acre Riverlights community off River Road, is now building homes in Brunswick County for the first time. The company is one of several builders at East Lake, a more than 2,000-acre master-planned community in Leland expected to include 3,500 to 4,000 home sites. New Leaf's Port City office has grown from a handful of employees in 2021 to 14 in 2026, said division president Alan Degen.


NC IDEA Grants Info Session Set for July 20 at UNCW

The free session covers the fall 2026 cycle of NC IDEA MICRO and SEED grants for founders; registration required.

NC IDEA staff will host a free grants information session on July 20 at UNCW's Center for Innovation and Entrepreneurship, covering the fall 2026 cycle of its MICRO and SEED grant programs for North Carolina founders. Registration is required.


NEW's Deep Dive on Venture Studios Set for July 23

The founder-focused session features Amped Ventures' Matt Cimino and 24 and Up's Brian Ruddy.

The Network for Entrepreneurs (NEW) is hosting a Deep Dive session for founders on July 23 focused on venture studios, with speakers Matt Cimino of Wilmington's Amped Ventures and Brian Ruddy of Raleigh-based venture studio 24 and Up. NEW is also planning its annual investor 'Buzz In' event on Sept. 10 at Cape Fear Community College's Union Station auditorium, which founder Jim Roberts calls the only venture capital conference east of Raleigh.

Motivation & Founder Mindset

Contents ↑

Paul Graham: Young Founders Struggle to Spot 'Smart Jerks'

The Y Combinator co-founder says inexperience makes early founders great at judging skill but bad at judging character.

Y Combinator co-founder Paul Graham said in a July 17 post that founders who start young often lack the experience to judge character in hires, even though they can readily assess technical ability - leading them to bring on talented people who turn out to be bad for the team. He suggested founders either sharpen that judgment over time or lean on a trusted partner; replies to the post included founders describing hires who damaged team culture.


Billionaire's Advice to Founders: Hire a 'Send and Delete' Person

YouTuber Graham Stephan relays the tip: fire off a request, then mentally drop it - no follow-ups, no overhead.

Graham Stephan, a personal finance YouTuber, said a billionaire he met with recently offered a simple piece of delegation advice for business owners: hire someone you can send a request to and then immediately forget about, trusting them to handle it without follow-up or mental overhead.


Gary Vaynerchuk to 50-Somethings: You're Not Out of Time

The entrepreneur's early-morning post drew replies from founders launching companies well into their 50s and 60s.

Entrepreneur Gary Vaynerchuk posted a reminder on July 18 that people in their 50s still have plenty of runway left, prompting replies from founders describing late-career reinventions - including a 57-year-old who launched an AI startup after 30 years in tech. Commenters noted that peak achievement often lands between ages 50 and 60, pushing back on the idea that any age is 'too late' to start something new.

From Your Feed

Contents ↑

Top posts from accounts you follow that didn't make the brief above.

Regulatory capture by any other name tastes just as sour…


Every unsuccessful person I know believes the game is rigged. Every successful person knows the game is rigged and learns how to play.


splat-transform is a free and open source library + CLI tool for working with 3D Gaussian splats. Version 3 is here - process huge datasets in low memory environments! It's growing fast on NPM - npm install it now. 👨‍💻 Developed and conceived by @slimbuck7 https://t.co/DzijyOCDef


This is one argument why I don't think the AI bubble is popping yet There's still lots of people not using it or not using it to its potential



Messi landing in Argentina on Monday. "Alright line up kids!"


repost of @onlinedopamine: meanwhile, i'm on a 4hr train ride in germany, and can't do anything cause no internet it's 2026 and my homecountry st…


repost of @enzo_gte: I've been using Kimi K3 for ~16 hours now. The model is clearly good at a lot of different things (especially frontend), but…

This edition cost $8.23 - $4.21 in X reads + $1.82 in Claude curation + $2.20 in the week-in-review retrospective (API-equivalent price; covered by your Claude subscription).

Coverage manifest · PASS

Window since 2026-07-17 09:04 UTC · 752 posts reviewed · 88/89 sources ok · est. cost $4.21

Source pulls: 88 ok, 1 errors, 0 unsupported (of 89)

Gaps this run:

1 / 1