| 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 … | 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 … | 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.| 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: |
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 … | 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| 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.| 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.| 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.| 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| Zijing Wu / Financial Times: |
Sources: China plans to soon lift a travel ban on Manus founders as the company unwinds its $2B acquisition by Meta; CEO Xiao Hong plans to return to Singapore — Chief executive Xiao Hong plans to return to Singapore as AI company nears resolution of Meta separation| Financial Times: |
Sources: OpenAI's repeated exec reshuffles and departures have frustrated some staff as it prepares for an IPO; it disbanded its “preparedness” team in July — Executive exits and safety team changes unsettle staff as the ChatGPT maker prepares for a blockbuster listing| Michael Martina / Reuters: |
Source and letter: the US plans to tell 35 partner countries they'll be excluded from the US-led Pax Silica initiative if they also join China's rival framework — The U.S. is preparing to tell dozens of countries they must pick sides in the artificial intelligence race with China … | Abhinaya Prabhu / Tech Funding News: |
SF-based Vals, which develops evaluations and benchmarks to test AI models on real-world tasks, raised a $40M Series A led by a16z at a $400M valuation — - Vals AI raised $40 million in a Series A round at a $400 million valuation. — Revenue has grown eightfold since 2025 … | 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 … | The Economic Times: |
Sources: Uber and Rapido discussed merging their India ride-hailing operations in May; talks collapsed after disagreements over the proposed deal's structure — Uber and Rapido discussed merging their India ride-hailing operations in May, sources told us. Talks collapsed after disagreements over the proposed deal's structure.| 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 … | 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
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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| Joann Muller / Axios: |
| @alibaba_qwen: |
| Reuters: |
| Carl Franzen / VentureBeat: |
| Sean Hollister / The Verge: |
| J.J. McCorvey / Bloomberg: |
| The Information: |
| Frederic Lardinois / The New Stack: |
| Zac Hall / 9to5Mac: |