[7/1 17:00] Together AI raises $800M at $8.3B valuation / Portugal launches first open-source AI model, Europe sovereignty

AI News Flash for July 01, 2026 at 17:00 UTC. Topics: 1. Together AI raises $800M at $8.3B valuation https://finance.yahoo.com/technology/ai/articles/together-ai-raises-800-million-160522664.html 2. Portugal launches first open-source AI model, Europe sovereignty https://www.reuters.com/business/finance/portugal-launches-first-open-source-ai-model-joining-europes-sovereignty-push-2026-07-01/ 3. Amazon AI expansion drives emissions to record high https://www.axios.com/2026/07/01/amazon-ai-emissions-data-centers 4. Companies rehire workers laid off for AI as automation falls short https://qz.com/companies-rehiring-workers-ai-layoffs-automation-070126 5. Cigna invests $100M in AI-powered specialty pharmacy https://www.reuters.com/legal/litigation/cigna-invests-100-million-new-ai-powered-specialty-pharmacy-program-2026-07-01/