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OpenAI says it plans to stop providing its models to Cursor from November 12, as “we cannot be confident that SpaceX will use our technology within our ToS” — Today, we notified SpaceX that we intend to wind down our contract providing OpenAI models to Cursor, with a proposed shutoff date of November 12, 2026.| Lauren McCarthy / New York Times: |
An appeals court rules states can regulate prediction markets, finding Kalshi's sports event contracts are bets, not swaps, and subject to state gambling laws — The outcome contradicted an earlier appeals court decision. Federal regulators said the split rulings called for resolution by the Supreme Court.| Ryan Autullo / Bloomberg Law: |
Texas, which didn't join a multi-state case against Meta, negotiated a $1.05B side deal that could reach $1.335B if TikTok and YouTube adopt teen safety changes — A week before 47 states reached a $17 billion mid-trial settlement with Meta Platforms Inc. over claims it caused social media addiction … | Alexandra S. Levine / Bloomberg: |
| Frederic Lardinois / The New Stack: |
Z.ai releases GLM-5.3's weights under a new license requiring companies with $10B+ in revenue over 12 months to pass Z.ai's security review to host the model — Z.ai put the GLM-5.3 weights on Hugging Face, but dropped the MIT license. Providers above $10 billion in revenue now need a security review.| Bloomberg: |
SK Hynix breaks ground for its $4B advanced memory chip packaging facility in Indiana, with mass production of next-generation HBM scheduled to begin in H2 2029 — SK Hynix Inc. held a groundbreaking ceremony Thursday for its advanced memory packaging facility in Indiana … | Ben Jiang / South China Morning Post: |
Meituan reports Q2 revenue up 14.4% YoY to $15.62B and adjusted net profit of $372M, ending a three-quarter losing streak as the food delivery price war cooled — Revenue for the quarter rose 14.4 per cent year on year to 105 billion yuan, beating the consensus estimate of 101 billion yuan.| Vallari Sanzgiri / The Hindu BusinessLine: |
Jio Platforms, which owns India's largest carrier and counts Meta and Google as investors, gets regulatory approval to float India's largest-ever IPO of ~$4B — Debt repayment, strong cash flows underpin investor optimism around Jio IPO — Reliance Industries' digital arm Jio Platforms … | Ayden Runnels / The Texas Tribune: |
Texas Gov. Greg Abbott orders state agencies to pause funding for Flock cameras; an investigation found an agency allocating $30M+ to build Texas' Flock network — The order came as The Texas Tribune was preparing to publish an investigation detailing how a state agency has devoted … | Mike Wheatley / SiliconANGLE: |
Minneapolis-based Yardstik, a provider of workforce monitoring tech, raised a $30M Series B led by Harbert Growth Partners, taking its total funding to $65M — Yardstik Inc., a workforce screening startup that monitors companies' employees for potential fraudulent actions … | Financial Times: |
An analysis of the 50 largest bitcoin treasury companies by BTC holdings finds their combined market cap has plunged from $150B in July 2025 to just $67B now — Crypto hoarders have been selling tokens and reverting to former activities — More than $80bn has been wiped off the value … | Wall Street Journal: |
Trade unions threaten to withhold support for politicians opposing data center projects, warning that blocking the projects endangers building-related jobs — Trade unions threaten to withhold support for politicians, joining the building backlash — Much of the public outcry … | Emily Forgash / Bloomberg: |
Shares of French quantum computing company Pasqal closed up 95% in their Nasdaq debut on Friday following a merger with a SPAC — Pasqal Holding SA soared in its first day of trading after the quantum computing company went public in New York via a merger with a blank-check firm … | Flavio Copes: |
A deep dive into Grok Bot, including its architecture, use cases, and alternatives, as xAI adds shareable bot templates and online purchases through Stripe Link — A detailed Grok Bot guide covering setup, persistent computers, skills, routines, templates, approvals, real use cases, limits, pricing, and alternatives.| Ngai Yeung / Endpoints News: |
Metriport, whose tools help doctors retrieve patient data, raised $26M in Series A and seed funding led by Matrix GP TJ Parker, taking its total raise to $28.4M — Matrix led the Series A round, with additional ... Sign up to read this article for free.| Sean O'Kane / TechCrunch: |
a16z creates a $1.1B Machine Age fund focusing on hardware to “open the throttle and accelerate the physical buildout of AI” — Andreessen Horowitz has launched a new “Machine Age” fund with $1.1 billion raised. The firm's aim with the new fund is to “open the throttle and accelerate the physical buildout of AI.”| Summer Zhen / Reuters: |
Xiaomi and CXMT say the Xiaomi 18 Fold smartphone will debut CXMT's LPDDR6 DRAM chips, alongside Xiaomi's in-house 3nm Xring O3 SoC, launching in September — China's top memory chipmaker, CXMT (688825.SS), will supply its latest LPDDR6 DRAM chips for Xiaomi's upcoming flagship folding phone, the companies said on Saturday.| Reuters: |
CXMT sues the Pentagon over its Chinese military company designation, saying it isn't affiliated with the Chinese military and its chips aren't for military use — China's top memory chipmaker, ChangXin Memory Technologies (688825.SS), sued the Pentagon on Friday over being placed on a list … | VideoCardz.com: |
Modders get an experimental version of Nvidia's DLSS 5 Neural Rendering library running in over a dozen games after it leaked in NBA 2K27's early access build — DLSS 5 mod spreads to Cyberpunk 2077, RDR2, TLOU2, Wukong and more — It took modders only hours to get the leaked NVIDIA DLSS … | Joe Guszkowski / Restaurant Business: |
Owner, which makes AI agents that manage restaurants' websites, marketing, and other functions, raised a $240M Series D at a $2.3B valuation — The funding, led by Goldman Sachs Alternatives, will help Owner develop AI agents for independent restaurants. — Rob Lehman (Owner president and COO) … | Fin / @fi56622380: |
Unlike internet's one-dimensional, flat-fee growth, AI grows across two exponentials, user penetration and tokens per user, allowing AI labs' economics to work — The next ARR growth engine after coding, the AI infra bubble, the Economics of open vs. closed source model Why is the AI semi buildout longer than the internet buildout?
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.
The hidden tax of making employees search, switch, and repeat — Employees lose more time to digital friction than organizations often realize. Searching for information, switching between tools …
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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