| Bloomberg: |
Docs: Anthropic told investors it generated $11.5B+ in revenue, with positive adjusted operating income, in Q2, up from $787M in Q2 2025 and $4.73B in Q1 2026 — Anthropic PBC is telling prospective investors its second-quarter revenue jumped at least 14-fold versus the same period a year ago … | Echo Wang / Reuters: |
Sources: Anthropic projects 2028 revenue of ~$190B-$200B, vs. a revenue run rate of $47B in May, as bankers and investors price the company ahead of an IPO — As Anthropic prepares for what could be one of the biggest IPOs on record, Wall Street is looking further into the future … | Madison Mills / Axios: |
Risk report: Anthropic raises misalignment risk estimate from very low to low and says it doesn't plan to release a stronger internal model called “Model 2” — Anthropic does not plan to release an internal model that appears to be more powerful than top-of-the-line Mythos … | Z.ai: |
| Reuters: |
Z.ai says GLM-5.3 scores 84.5% on CyberGym, vs. Mythos 5's 83.8%, and its most sensitive cybersecurity functions will only be available to verified users — Chinese AI startup Z.ai said on Friday its open-source GLM-5.3 model had neared Anthropic's restricted Mythos 5 in identifying software … | Bloomberg: |
SpaceX closes its $60B acquisition of Cursor, two months after SpaceX formally announced it had agreed to acquire the startup — SpaceX has completed a $60 billion acquisition of artificial intelligence coding startup Cursor, a key part of Elon Musk's bid to gain ground on rivals Anthropic PBC and OpenAI.| Wall Street Journal: |
Sources: PayPal is in talks to sell itself to a group including Stripe and Advent, which proposed paying $60.50/share in July; PayPal is seeking a higher price — The fintech startup and private-equity firm Advent offered to buy the struggling payments company in July| Kate Rooney / CNBC: |
Source: OpenAI CFO told investors that enterprise business now generates more revenue than ChatGPT-led consumer business; enterprise customers grew 32% in July — At the end of a week of turmoil in OpenAI's C-suite, finance chief Sarah Friar held a meeting with investors on Friday … | Reuters: |
The US OCC conditionally approves a bank charter application for Trump family's World Liberty Financial, allowing it to directly issue its USD1 stablecoin — A national U.S. bank regulator on Friday conditionally approved a bank charter application linked to President Donald Trump … | Reuters: |
France's top court blocks a bill banning social media for under-15s, saying it infringed upon freedom of expression; Macron orders the PM to rework the bill — France's top court on Friday blocked a bill banning social media access for under-15s, saying it infringed upon freedom of expression … | Emma Roth / The Verge: |
Google adds a toggle in Gemini and Flow to remove visible watermarks from AI-generated images, videos, and music; SynthID watermarks and C2PA metadata remain — Google will still embed invisible SynthID and C2PA watermarks into AI-generated images, videos, and music.| Lynn Doan / Bloomberg: |
Filing: Nvidia has a nearly $21B stake in SpaceX and a $30B stake in Intel; Nvidia invested as much as $2B in xAI in 2025 and $5B in Intel — Nvidia Corp. on Friday disclosed a nearly $21 billion stake in Elon Musk's SpaceX and a $30 billion one in Intel Corp.| Natasha Mascarenhas / Bloomberg: |
Investor letter: Thrive's 2022 early-stage $516M fund that invested in OpenAI and SpaceX was worth $3.7B+ as of the end of June, net of fees and other charges — Thrive Capital's 2022 early-stage venture capital fund, a $516 million investment vehicle that made early bets on OpenAI … | Wall Street Journal: |
Commerce Secretary Howard Lutnick says the US is “not in favor” of Apple buying Chinese memory chips, and there have to be “other solutions to the memory issue” — Commerce Secretary Howard Lutnick urges iPhone maker to find other solutions to AI-driven chip supply crunch| Anissa Gardizy / Wall Street Journal: |
Sources: Nvidia has reworked a deal to finance an OpenAI Ohio data center campus so that it would initially guarantee only half of its planned $250B backstop — Under new proposed terms, the chip maker would initially backstop only half of the 10-gigawatt project| Ryan Christoffel / 9to5Mac: |
Apple officially opens ad bookings for businesses on Apple Maps ahead of an upcoming full rollout across the US and Canada — Ads are coming to Apple Maps soon in the US and Canada, and today businesses can start booking their own ads. Here are the details, including a limited-time promotional offer for businesses.| Joann Muller / Axios: |
Nevada granted Tesla a robotaxi permit, but capped the fleet at 10 vehicles, not 5,000 that Tesla sought, banned airport pickups, and ordered other restrictions — Tesla applied for a permit to deploy up to 5,000 robotaxis in Clark County, Nevada, but got approval from the state for just 10.| M. Sriram / Newcomer: |
How dual-valuation deals became pervasive in the current frenzied AI funding cycle, with prestige VC firms monetizing their brand names by getting better prices — Prestige firms are monetizing their brand names by getting better prices than others in the same funding round| Fred Lambert / Electrek: |
Waymo receives approval from the California Public Utilities Commission to expand across 18 counties, including Sacramento and San Diego — Waymo says California regulators have signed off on the biggest expansion of its robotaxi service yet, covering 18 counties from Sonoma down to San Diego.| Jonathan Weil / Wall Street Journal: |
In Q2, “other income”, mostly from investment gains, at Amazon and Alphabet totaled ~$121B after taxes and made up 66% and 71%, respectively, of profits — Gains on investments in companies like Anthropic are boosting earnings at some of the biggest technology companies| @alibaba_qwen: |
Alibaba releases weights for Qwen3.8 models under Apache 2.0 license, including Qwen3.8-27B, which it says beats Qwen3.7-Plus and excels in real-world coding — We promised open weights for Qwen3.8. Now, time to meet them! 🎉 ⚡ Qwen3.8-27B: - A native multimodal dense model. With just 27B parameters, it outperforms Qwen3.7-Plus overall and shines in real-world coding & office workflows. - 262K native context, easily extendable to 1M
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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| Sean Hollister / The Verge: |
| Demetri Sevastopulo / Financial Times: |
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| J.J. McCorvey / Bloomberg: |
| The Information: |
| Frederic Lardinois / The New Stack: |
| Zac Hall / 9to5Mac: |