For the latest across all four verticals, our July 23 roundup covers Travis Scott's first-look Paramount deal, the Commonwealth Games opening in Glasgow, Meshy's $400M AI 3D round, and adidas reissuing Billie Jean King's 1974 shoe.
The latest Daily Roundup covers Nike's WNBA All-Star sneaker drops, the WNBA All-Star Game in Chicago, New Music Friday, and the White House's Moonshot–Anthropic accusation.
Key Points
- Ja Morant's Air Force 1 Low "Pure" ($150) and the Nike KD 19 "Candy Apple" ($155) both drop today.
- The Dodgers (63-38) visit the Phillies (56-45) at 6:40 p.m. ET on TBS, Wheeler opposite Wrobleski.
- A federal judge blocked the $110 billion Paramount-Warner Bros. Discovery merger for 14 days.
- Microsoft is reportedly testing Moonshot AI's Kimi K3 for Copilot and Azure, five days after launch.
Nike puts out two basketball drops this morning, one of them attached to a player who changed teams three weeks ago. In the courts, two ownership fights moved yesterday: who gets to own a studio, and who gets to own a recording once a model has been trained on it.
Today's roundup covers Victor Solomon's Nike “Trophies” pack, Skubal's 60% deadline odds, and Future's 12th No. 1.
Sneakers
Nike's Ja Morant signature program spills onto the Air Force 1 today. The Ja Morant x Nike Air Force 1 Low "Pure" releases July 21 for $150 on SNKRS and at select retailers, in White/Cobalt/Metallic Silver under style code IR8492-100 — a white upper with cobalt and metallic silver accents. The Grizzlies traded Morant to the Trail Blazers for Jerami Grant and Kris Murray on June 29, so this arrives three weeks into a new uniform. A colorway with no team in it is the one makeup that survives a move like that intact.
The second July 21 drop leans all the way into red. The Nike KD 19 "Candy Apple" also releases July 21, for $155, in University Red/Stadium Green/University Gold (IH1117-600) — a candy-red finish explicitly styled after old-school lowrider paint, with the green and gold doing the accent work. It releases through Nike.com and select Nike Basketball retailers.
Further out on the calendar, the JJJJound x New Balance 740N "Mushroom" arrives July 30 through jjjjound.com, and the Nike First Sight Shadow "Metallic Silver" lands July 24 at $145.
Sports
The game tonight is the middle of the Dodgers-Phillies series at Citizens Bank Park, and the pitching matchup is the reason to watch. Los Angeles (63-38) sends Justin Wrobleski, third in the majors at 6.42 innings per start, who struck out five in two innings at last week's All-Star Game in this same ballpark — tying a Dodgers All-Star record he now shares with Don Drysdale and Fernando Valenzuela. Philadelphia (56-45) counters with Zack Wheeler, 36 and ten months removed from thoracic outlet surgery, who has posted a 2.13 ERA with a 30.4 percent strikeout rate across 15 starts since returning. First pitch is 6:40 p.m. ET on TBS and SportsNet LA.
In Las Vegas, the Warriors closed out the summer. Golden State beat the Grizzlies 94-90 on Sunday for the 2026 NBA Summer League title, the franchise's second. Rookie Yaxel Lendeborg — the No. 11 pick — went for 21 points, 10 rebounds, two assists, and two steals in 23 minutes and was named championship game MVP, scoring nine in the fourth quarter to erase a 10-point deficit, with Rick Barry presenting the trophy. Lendeborg's 21 topped Cameron Boozer's 19 for Memphis — a result a Warriors team rebuilding around the end of the Curry window will take.
Culture
A $110 billion studio merger got put on ice. A week after the Writers Guild and 12 state attorneys general filed suit to block it, U.S. District Judge Araceli Martínez-Olguín of the Northern District of California issued a temporary restraining order barring Paramount Skydance from closing its $110 billion acquisition of Warner Bros. Discovery. The order runs 14 days; a preliminary injunction hearing is set for August 3. The coalition, led by California Attorney General Rob Bonta, argues that combining two of the five remaining major studios violates Section 7 of the Clayton Act by gutting competition in theatrical distribution and cable channel licensing. A TRO is not a verdict; August 3 decides whether the deal stays frozen while the antitrust case runs.
The other ownership fight is over training data. Sony Music Entertainment and nine affiliated labels, including Arista and LaFace, filed a second copyright suit against Udio in the Southern District of New York on July 20, asserting 30,117 recordings. The filing is a workaround: on June 29 the same court refused to let Sony add those recordings to its existing case, noting that plaintiffs may pursue all their works but that there is "no requirement that it be done in [that] lawsuit." Sony took the hint and opened a second front. The underlying question is the one the industry has been circling since Suno raised $400 million at a $5.4 billion valuation: whether a catalog is an asset or a training set.
At the box office, Christopher Nolan's The Odyssey held the top spot with a $124.5 million domestic and $264 million global opening against a $250 million production budget, ahead of Moana at $19 million and a $14.8 million third-place tie between Minions & Monsters and Toy Story 5.
Technology
Five days after Moonshot AI shipped Kimi K3, Microsoft is reportedly evaluating it. Per TechStartups on July 20, Microsoft is testing the 2.8-trillion-parameter, one-million-token-context model for Copilot and Azure, where earlier Kimi releases already sit in Azure AI Foundry. Microsoft has not confirmed it. The number that explains the interest is inference cost: K3 is claimed to run roughly 60 percent cheaper than premium proprietary models. Microsoft has underwritten OpenAI's frontier training bill for two years and is now evaluating a Chinese open-weight model for Copilot, its highest-volume consumer surface. It lands the same week Google's Gemini 3.5 Pro missed its June target.
In funding, British materials-discovery startup CuspAI raised $450 million at a $2.6 billion valuation, led by Kleiner Perkins and NEA, with Bezos Expeditions, AMD Ventures, and Britain's Sovereign AI Venture Fund participating. CuspAI simulates material performance to narrow millions of candidates to a shortlist before anyone synthesizes anything, across semiconductors, clean energy, and advanced manufacturing. The raise landed alongside an AI Materials Foundry spanning 45 organizations, Nvidia and Meta among them.
And Databricks is raising a strategic round at a $188 billion valuation, led by existing investor Coatue, with a term sheet signed and the round expected to close later this summer. The company has not disclosed the amount. The stated use of proceeds is Unity AI Gateway, its Genie agent, and Lakebase, a serverless Postgres built for AI agents. All three are infrastructure — governance, an analytics agent, and a database — not models.
Today on Uristocrat
The one to read first is the JJJJound x New Balance 740N "Mushroom". JJJJound rebuilt the 740's upper as a single no-sew panel, deleting the open mesh and stitched overlays the standard 740 is built on. It goes up on jjjjound.com first, with a wider New Balance release trailing later in FW26 — a sequence that puts Justin Saunders' own storefront ahead of the brand that makes the shoe. Neither side has announced a price.
Sneakers. Beyond the 740N, we covered the Nike First Sight Shadow "Metallic Silver," releasing July 24 for $145.
Sports. Our Games to Watch for Monday, July 20 broke down the Dodgers-Phillies opener on ESPN plus four WNBA games.
Technology. We covered Moonshot AI's release of Kimi K3, a 2.8-trillion-parameter open-weight model — the model Microsoft is now reportedly testing — and Google's Gemini 3.5 Pro missing its June target with no new release date.
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