SpaceX’s $60B Cursor Deal Targets AI’s Control Plane
Reuters reported a $60 billion all-stock agreement in June; by August 7, Cursor staff were told it could close as soon as the following week. One analysis projects SpaceX compute could reach roughly 10 GW by end-2027.
Microsoft Edge’s Eight-Year Warning for Browser Agents
Microsoft begins withdrawing Manifest V2 from Edge in August 2026, with enterprise support lasting into early 2027. The roughly eight-year path from public dispute to deadline does not predict an agent-policy timetable; it warns how enterprise dependencies can slow controls once browser automation enters workflows.
Meta’s 2,600 MW Contract Separates Demand From Delivery
Meta’s 20-year agreement for more than 2,600 MW from three Vistra nuclear plants is a more durable demand signal than a headline capacity target. Microsoft’s 20-year, 835-MW Three Mile Island agreement and Google’s 25-year, 615-MW Duane Arnold deal show power procurement moving into AI infrastructure’s commercial core.
Five Attacks Exposed Wildberries’ Physical Bottleneck
After five Ukrainian attacks, Wildberries has lost an estimated one-third of its warehouse space, disrupting tens of thousands of dependent businesses. The losses expose the physical concentration beneath digital marketplace scale.
OpenAI says it has expanded safety testing around its upcoming model Astra as it “cannot rule out” critical cyber capabilities, potentially delaying its launch
OpenAI “cannot rule out” that its upcoming model Astra has"critical" cyber capabilities, a designation that has prompted …
Anthropic announces a feature that allows different Claude Code sessions to message each other with updates and other information, available on macOS and Linux
Users running the latest version of Claude Code on macOS and Linux can now have their sessions message each other to share findings, ask questions, and coordinate work.
The Clarity Act faces uncertainty after Senate Republicans delayed a vote until after their August recess, pushing it to September, just weeks before midterms
The cryptocurrency industry's top Washington priority has run into a stinging setback in the U.S. Senate.
Amazon is backing a 7.65 GW gas plant for an off-grid TX AI data center, potentially the largest single US emissions source, at odds with its 2040 net-zero goal
The tech giant is investing in the natural-gas-burning power plant as part of a huge data center in Texas, even as it pledges to honor climate commitments.
A profile of Tatyana Kim, founder of Russia's largest online retailer Wildberries, which has lost an estimated third of its warehouse space to Ukrainian attacks
As Ukraine repeatedly strikes warehouses of the e-commerce site Wildberries, Tatyana Kim, its billionaire co-founder, faces her biggest test yet.
X announces the Original Content Rewards Program and will discontinue Revenue Sharing on Sep. 7, saying existing Revenue Sharing members can apply for access
Today, we're introducing the Original Content Rewards Program, a new way to reward creators who bring original ideas, expertise …
TMTG interim CEO Kevin McGurn says the company is pulling back from a pair of Crypto.com deals to focus on its media arm and its pending merger with TAE
Truth Social's parent company, Trump Media and Technology Group, is pulling back from a pair of Crypto.com deals as its new leadership looks …
The US Treasury sanctions Dubai-based unlicensed crypto exchange Shelbit, alleging it processed millions in crypto for IRGC and other Iran-linked groups
The United States on Friday sanctioned an unlicensed multi-state cryptocurrency exchange, alleging it processed millions of dollars …
Analysis: South Korea and Taiwan each surpassed Japan in total exports for the first time in H1 2026, as AI demand drove explosive growth in chip exports
TOKYO — South Korea and Taiwan each surpassed Japan in total exports for the first time during the first half of 2026, according to a Nikkei analysis.
Analysis: SpaceX is on track to build ~10 GW of compute capacity by 2027's end, with 6 GW-8 GW in 2027 alone, which could drive $300B in annual revenue run-rate
Inference at 100B/GW/year, SpaceX's stellar pace, Microsoft's 10GW 2026 Awakening, Azure Can Grow Triple-Digits
Microsoft plans to end support for Manifest V2 extensions in Edge starting this month, following Google Chrome, and for enterprise users in early 2027
The US OCC denies Dutch fintech Bunq's application for a national bank charter, citing the need for more clarity on its business plan to expand in the US
A US banking regulator turned down a charter application by Dutch financial-technology firm Bunq BV, which submitted a request …
South Korea's AI-driven chip industry boom is reordering the country's society, changing expectations around fairness, careers, and even culture and dating
Factory workers with $400,000-plus bonuses are supplanting doctors and lawyers as the new elite, while investors play a casino-like stock market.
New Mexico trial: a judge orders Meta to pay $567M and make changes for underage users after finding its platforms helped create a public nuisance harming teens
A profile of Russia's A7, a payment network that helps Russia bypass Western sanctions, handling ~20% of payments in Russian foreign trade, or $100B+ annually
A7 says it handles nearly 20% of payments in Russian foreign trade, or more than $100 billion annually
At Black Hat, OpenAI reconstructs the OpenAI-Hugging Face incident and examines its implications for AI security, cyber resilience, and alignment
How Amazon and Gilroy, California, quietly negotiated a $2B data center project that AWS applied to build in 2020, without any public meetings or votes
Company and Gilroy, Calif., spent years quietly negotiating $2 billion project that few residents knew about until work began
Retailers are updating their websites to rank highly in chatbot results, while making sure purchases are done on their own sites to collect customer data
As shoppers increasingly turn to ChatGPT and Google's Gemini for product recommendations, retailers are racing to appear in chatbot results …
Cloudflare debuts Kitesurf, a cloud-hosted browser for AI agents built on top of its Workers serverless service, available for free while in beta in Browser Run
Take-Two reports Q1 bookings down 3% YoY to $1.39B, vs. $1.38B est., forecasts Q2 and FY 2027 bookings below est., and highlights excitement for GTA VI's launch
Anthropic updates Claude Fable 5's biology safeguards to reduce false positives, cutting biology-related “fallbacks” by ~85% in testing across product surfaces
Nielsen agrees to acquire and take digital media monitor DoubleVerify private in an all-cash deal with a ~$2.15B enterprise value, expected to close by Q1 2027
Sources: Nvidia agrees to invest $2B in Lancium, the power infrastructure developer of the Stargate campus in Texas, plus $1B more if it hits certain thresholds
Nvidia has agreed to invest $2 billion into Lancium, the power infrastructure developer behind the OpenAI and Oracle AI campus in Texas …
Sources: data center operator Switch filed confidentially for a US IPO, and a listing could take place as soon as November; Ben Horowitz is joining its board
Switch Inc. filed confidentially for a US IPO, according to people familiar with the matter, joining its data center peers …
Sources: Cursor told staff on Thursday that SpaceX could complete its $60B acquisition as soon as next week and the Cursor brand name will likely be phased out
Sources: Situational Awareness invested $500M, including $400M this week, into Source Foundry, a startup that plans to develop new AI chip manufacturing tools
Investment marks the latest known private-company bet by Situational Awareness after quick sale of its stock portfolio.
Filings: Moonshot restructured its China-based entity from a limited liability company to a joint stock company in its first visible step toward a Hong Kong IPO
Chinese AI start-up targets Hong Kong listing to raise fresh funding for next phase of development