Apple will launch a new Apple Upgrade leasing program on July 28 according to a Bloomberg report, in partnership with Klarna, offering lower monthly payments on iPhone, iPad, Mac, and Apple Watch purchases with 24- or 36-month terms. The move ends new signups for the existing iPhone Upgrade Program and arrives as the company has raised hardware prices.
The report says the initiative marks one of the biggest-ever changes to how the company sells devices.
Apple plans to discontinue new enrollments for its existing iPhone Upgrade Program once Apple Upgrade debuts.
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Tesla and SpaceX have confirmed Grimes County, Texas as the site for their Terafab semiconductor megafactory, with the first phase costing roughly $16.8 billion. The project targets the largest chip manufacturing facility on the planet to supply over 1 terawatt of compute per year that exceeds current and future global production capacity.
OpenAI has filed a motion asking a federal judge to dismiss Apple's trade secrets lawsuit, describing the claims as meritless. The dispute, which follows a July suit and this week's injunction request from Apple, highlights tensions after their prior partnership on Siri and OpenAI's hardware push.
Meta has released an early beta of Muse Code, a terminal-based coding agent driven by the updated Muse Spark 1.2 model and positioned against Anthropic's Claude Code and OpenAI's Codex. Substantially lower rates, including a contributor plan at $0.10 for every million tokens received, may encourage migration away from higher-priced options such as Anthropic's Sonnet 5.
