| Tulsee Doshi / Google: |
Google unveils Gemini 3.7 Flash, its “most intelligent workhorse model” for coding and agents, pricing it at $0.75/1M input and $3.75/1M output tokens at launch — Our most intelligent workhorse model yet for coding and agents. — Senior Director, Product Management, on behalf of the Gemini team| Shirin Ghaffary / Bloomberg: |
OpenAI hires Dali Rajic, COO of Alphabet's Wiz, as chief revenue officer, replacing ex-Slack CEO Denise Dresser, who was hired in December 2025 and will leave — OpenAI is naming its second new chief revenue officer in less than a year, a sign of efforts to bolster sales growth ahead of a highly anticipated Wall Street debut.| The Information: |
| Saritha Rai / Bloomberg: |
DeepSeek raises prices, adding dynamic pricing, ahead of a potential IPO; V4-Flash output tokens go from $0.28/1M to $1.32 during peak hours and $0.66 off-peak — DeepSeek is steeply raising the prices for its flagship V4 models ahead of a potential initial public offering … | Patrick Howell O'Neill / Bloomberg: |
President Trump signs a memo letting the US government partner with private companies to conduct cyberattacks abroad against criminal groups targeting Americans — The US government is partnering with private-sector firms to launch cyber attacks abroad, expanding the scope of national security operations … | Zac Hall / 9to5Mac: |
OpenAI previews Ultrafast, an API tier powered by Cerebras that runs GPT-5.6 Sol up to 14× faster and generates up to 750 output tokens per second — OpenAI is previewing a new way to run its most capable GPT-5.6 model at dramatically higher speeds. The company says its new Ultrafast … | Rebecca Bellan / TechCrunch: |
Anthropic details multiagent experiments showing Claude agents can wage a “turf war” over incompatible goals, fail to coordinate, collude on prices, and more — What happens when you pit AI agents against each other? According to Anthropic's testing, things get messy fast.| Financial Times: |
Sources: Anthropic's investors expect it to float at a $2T+ valuation in an October IPO and to hit $100B to $120B in annualized revenue by the end of 2026 — Anthropic investors expect the AI start-up to float at a valuation of $2tn or more in October, a dizzying figure that would eclipse SpaceX … | Bloomberg: |
| Ara Kharazian / Ramp: |
Ramp's July AI index: Anthropic's market share hit 43.5%, widening its lead over OpenAI; Fable 5 is only 6% of tokens businesses bought, likely due to high cost — Dear Colleagues: Today's letter includes my monthly update of Ramp AI Index, our flagship research using spend data from Ramp to track how American businesses are using AI.| Krisztian Sandor / CoinDesk: |
Tether says KPMG completed Tether's first full audit and found its 2025 financial statements fairly presented its financial position in all material respects — Tether, the company behind the world's largest stablecoin USDT USDT — , said Thursday that it had completed a full financial audit … | Frederic Lardinois / The New Stack: |
OpenAI launches Computer History, an opt-in feature that turns recent computer activity on macOS into memories and a timeline that ChatGPT and Codex can use — OpenAI's opt-in Computer History captures a local timeline of Mac activity so ChatGPT Work can recover context across selected apps and sites.| Todd Bishop / GeekWire: |
Microsoft begins merging its consumer and commercial Copilot apps into a single app, with a mobile and web rollout in mid-August and desktop in mid-September — Microsoft is starting the process of combining its consumer and business Copilot apps into one, laying the structural foundation for an upcoming … | Milana Vinn / Reuters: |
Sources: Silver Lake is in talks to acquire HR and financial management software maker Workday, which has a market value of ~$43B; WDAY jumps 18%+ — Private equity firm Silver Lake is in talks to acquire Workday (WDAY.O), which has a market value of about $43 billion … | Samantha Subin / CNBC: |
Databricks closed a $5B funding round at a $190B valuation, six months after raising $5B at a $134B valuation, and says it has crossed $7B in revenue run rate — Databricks on Thursday said it closed a $5 billion funding round at a $190 billion valuation. — The company said that it has … | Washington Post: |
Flock says it will now require US law enforcement to label every license plate search with a criminal case number, after a WaPo investigation into police misuse — The license-plate-reader firm said it will require stricter oversight after a Washington Post investigation found dozens … | Lauren Feiner / The Verge: |
| Sarah Perez / TechCrunch: |
X makes the source code for its For You timeline available on GitHub and adds tools to let users see if X's ranking systems “shadowbanned” them — X is significantly expanding its open-source codebase, which includes the app's “For You” algorithm and its core ranking engine … | The Information: |
A profile of Camilla Clark, quiet adviser to husband Dario Amodei and behind-the-scenes player at Anthropic; she once pitched a porn startup to Jeffrey Epstein — Eric Schmidt had plenty of reasons to toast the success of Dario Amodei and Anthropic at a private event the former Google CEO hosted recently.| Stephen Totilo / Game File: |
Netflix is closing game studios Night School Studio, which it acquired in 2021, and Moonloot, and is also cutting jobs from its internal games team — Oxenfree Night School and Moonloot closing, as streaming giant continues to shrink internal game studio operation| Jonathan Vanian / CNBC: |
Reddit will join the S&P 500 on August 18, becoming only the second pure-play social media company in the index after Meta; RDDT jumps 10%+ after hours — Reddit shares rose 11% in extended trading on Thursday on the social media company's inclusion in the S&P 500.| Reuters: |
Sources: Vantage Data Centers, a major hyperscale developer, is exploring options including a sale or an IPO at a valuation of about $100B as soon as next year — Vantage Data Centers, a major hyperscale developer and operator, is exploring options including an IPO or sale as soon as next year … | Reuters: |
Taiwan says it detected AI-assisted cyberattacks on government agencies in July from an “overseas source”, but the affected agencies successfully “handled” them — Taiwan detected AI-assisted cyberattacks on government agencies last month coming from overseas … | Marcus Mendes / 9to5Mac: |
Epic v. Apple: Apple proposes commissions on US linked-out purchases of 15% for standard apps, 10% for partner programs and renewals, 5% for Small Business apps — Apple has submitted its proposal for the fees it should be allowed to charge for purchases made outside of the App Store system in the Epic Games case.| J.J. McCorvey / Bloomberg: |
A judge orders Kalshi to stop offering most of its prediction contracts in Washington state, after finding it likely violated state gambling-related laws — Kalshi was told by a judge to stop offering most of its prediction market contracts in Washington state, after regulators … | Wall Street Journal: |
Sources: Demis Hassabis pitched a new independent industry AI safety entity, modeled on the IAEA, to top Trump officials before stepping down as DeepMind's CEO — Demis Hassabis discussed the proposed new entity with heads of other AI labs and Trump administration officials including Scott Bessent| Wall Street Journal: |
Tech hardware companies report the highest US CBP tariff refunds at $2.5B across six companies, including $2.2B in refunds to Apple alone; Amazon received $640M — Apple, Nike and FedEx are just a few companies recovering big sums relatively quickly, and some are passing at least a share on to customers| Chris Welch / Bloomberg: |
US-based robot vacuum maker Matic rolls out a firmware update that lets users control its $1,245 vacuum with voice commands in more than 70 languages — The device, from Silicon Valley brand Matic, can be controlled fully by voice instructions, helping it stand apart from the competition.| Katie Tarasov / CNBC: |
Inside SK Hynix's $720B Yongin Cluster, which it says will be the world's largest network of memory factories and is set to go into production in February 2027 — In South Korea, where a mountainous landscape makes building huge projects an incredible undertaking, the world's leading maker … | Shaurya Malwa / CoinDesk: |
Coinbase, Block, BitGo, and 70+ other crypto companies say frontier AI safety guardrails hinder legitimate security work while cyberattackers use stronger tools — More than three dozen bitcoin and crypto companies have asked the largest AI labs to give open-source security researchers early access … | Bloomberg: |
CXMT overtakes Tencent to become the most valuable Chinese company, with a ~$524B market cap, above Tencent's ~$510B; CXMT's Shanghai shares jumped 460%+ at IPO — CXMT Corp. has overtaken Hong Kong-listed Tencent Holdings Ltd. as the world's most valuable Chinese company … | Sherry Qin / Wall Street Journal: |
SMIC reports Q2 revenue up 36% YoY to ~$3B, net profit up 3x+ to ~$479.2M, above ~$283.1M est., and a 25.3% gross margin, driven by strong mature-node orders — The Chinese chip foundry's net profit more than tripled in the second quarter — SMIC, China's biggest chip foundry …
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Most carriers track everything. Cape doesn't. — Unlimited talk, text & data, 24-hr metadata deletion, network ID rotation, SIM-attack defense, and more. Switch today and get 29% off for life.
Celebrating 10 years of Zoho Marketplace — 30 Zoho products,2,900+ extensions and integrations,1 million+ users, and2 million installations.Zoho Marketplace celebrates a decade-long journey of adding timeless value …
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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