Nvidia reports Q2 revenue up 106% YoY to $96.22B, above $92.17B est., Data Center revenue up 117% to $89B, above $85.08B est., and net income up 126% to $59.7B
- Revenue of $96.2 billion, up 106% from a year ago — Data Center revenue of $89.0 billion, up 117% from a year ago
OpenAI publishes a technical report on the Hugging Face incident, detailing the agents' activity, safeguard failures, and measures to prevent recurrence
Read the technical report Read METR report(opens in a new window)Watch Black Hat talk(opens in a new window) — Loading...
Meta agrees to pay up to $18B to settle US states' claims that it designed Facebook and Instagram to addict children, misled consumers, and more
Meta Platforms (META.O) will pay up to $18 billion and strictly limit how teenagers use Facebook and Instagram under a sweeping agreement …
Z.ai releases GLM-5.3-Flash, the first natively multimodal GLM-5 series model, with 320B parameters, saying it outperforms GLM-5.2 at “one-tenth the price”
We introduce GLM-5.3-Flash, the first natively multimodal model in the GLM-5 series. With 320B total parameters …
Apple announces a “Surprise and shine” event on September 9 at 10am PT at Apple Park, where its first foldable iPhone, iPhone 18 Pro, and more are expected
Apple has officially announced its next product event, where it will unveil the iPhone 18 Pro lineup and its first foldable iPhone.
Google debuts Gemini 3.5 Transcribe, a speech-to-text model that powers Gboard Rambler and is coming to Chrome, in public preview for developers and enterprises
This model is “designed to capture your natural speaking style to better understand your intent and recognize custom vocabulary.”
Xbox announces a disc-to-digital feature that will allow users to digitize their existing physical games, rolling out for Xbox Insider testers on August 31
Xbox Insiders will get access to this new feature on August 31st. … Microsoft is officially announcing a new Xbox feature …
Rockstar executives discuss GTA VI, including interactive systems that let in-game player habits like diet alter characters' appearance and in-game social media
The pressure on Grand Theft Auto VI to deliver the holy grail of gaming is enormous - we talk to Rockstar's epic team of creative talents to uncover its secrets
The US DOJ says it disrupted a Chinese hacking operation responsible for break-ins at the DOJ, NASA, the Fed, Senate, and others, seizing two platforms' domains
The United States said Wednesday that it had disrupted a Chinese hacking operation responsible for break-ins at the U.S. Justice Department …
Source: Nvidia has agreed to acquire Hugging Face for $12.9B; the AI repository has had several potential suitors among its investors, including Salesforce
Nvidia has agreed to buy Hugging Face, a company known for its GitHub-like repository of open-source AI models, for $12.9 billion …
Sources: Anthropic agrees to pay UK startup Nscale $45B over six years to rent ~460MW of power at a West Virginia data center using Nvidia's Vera Rubin chips
Anthropic PBC has agreed to spend $45 billion to rent AI cloud computing power from Nscale's flagship data center development in West Virginia …
AI assistant Instinct is raising a $250M Series B co-led by Index and Benchmark at a $2.5B valuation, taking its total funding to $350M since its 2025 founding
Buzzy startup Instinct, which is fundraising at a $2.5 billion valuation, promises to handle emails and more, but some early users raise privacy concerns
OpenAI, Anthropic, AWS, Microsoft, and 100+ companies warn there is “a limited window” to prepare for AI-enabled cyberattacks and call for “collective action”
OpenAI, Anthropic, Amazon Web Services, Microsoft and more than 100 other companies warned Thursday …
Anthropic releases Model Hardware Standard, a framework to help AI agents use physical systems like microscopes, quantum computing hardware, and robot arms
The potential for AI to automate scientific research and manufacturing must be balanced with new risks, Anthropic says.
Cybersecurity stocks surge, with Okta up 20%+ and CrowdStrike up 15%+, after earnings showed that AI adoption is driving attacks and spending on security tools
- CrowdStrike and Okta popped after beating Wall Street's expectations and lifting guidance due to AI adoptions
Interviews with OpenAI leaders, employees, and others on the company's reboot; Sam Altman says OpenAI would have a system he would call AGI by the end of 2026
Alex Heath … They hoisted signs to “stop the AI race” and scrawled chalk messages on the sidewalk.
Amazon agrees to acquire DuckLabs, the Amsterdam company behind open-source database DuckDB, for an undisclosed sum; DuckDB will remain open source
Amazon has agreed to acquire DuckLabs, the company behind DuckDB, the fast-growing open-source database that has become a favorite …
Australian Federal Police arrest two Western Australia men, aged 21 and 23, believed to be members of TeamPCP, a prolific cybercrime and data extortion group
Authorities in Australia have arrested two men believed to be members of TeamPCP, a prolific cybercrime and data extortion group blamed …
Sources: the Trump administration is weighing sweeping new tariffs on chips and other products like laptops and consoles, despite warnings from tech companies
The Trump administration is weighing a new round of sweeping tariffs on semiconductors, eight people familiar with discussions told POLITICO …
Senator Josh Hawley launches an investigation into Flock's “collection, retention, and dissemination of the data” from its AI-powered surveillance cameras
- Members of Congress in both parties have raised concerns about the company's network of 120,000 cameras, which allow law enforcement to track the movement of vehicles.
Anthropic releases findings from a pilot that let external researchers run studies on Claude usage; one study found users delegate high-stakes tasks
Earlier this year, we ran a pilot giving external researchers access to aggregate, real-world Claude usage data.
Okta reports Q2 revenue up 11% YoY to $805M, above $795M est., net income up 73% YoY to $116M, and raises its full-year guidance
Okta shares surged 20% in extended trading after the identity software provider surpassed Wall Street's fiscal second-quarter estimates.
Meta's deal with 52 AGs includes daily time limits for teens and algorithmic feed controls; ~$5.3B of it rests on YouTube and TikTok implementing the measures
Our Agreement With US State Attorneys General — Today, we are announcing an agreement with a bipartisan group …
Salesforce and Anthropic unveil Claudeforce, which brings Salesforce data and workflows into Claude, starting with a plugin featuring 37 prebuilt sales skills
Salesforce and Anthropic announced Tuesday a sweeping expansion of their partnership, called Claudeforce, that pushes …
Indian IT giant TCS agrees to acquire Porsche's IT consulting business, MHP, for €320M as part of a five-year, €1.25B contract to provide AI services to Porsche
Porsche has signed a five-year contract worth 1.25 billion euros ($1.46 billion) for artificial intelligence …
Investigation: Meta explored slashing many teams by ~60% to become “AI native”, but pulled back after staff revolted and data showed AI agents were ineffective
To make its workforce “AI native,” Meta explored slashing the size of many teams across the company by as much as 60% in two waves, internal documents show.
Internal email: Google is moving DeepMind's ~90-person “AI responsibility” team, focused on the risks and societal impact of AI, to Google's global affairs unit
Researchers have raised concerns about the change's effect on their independence and ability to detect threats from newest models
Brazil's government sues Discord for $97M, accusing it of failing to comply with laws protecting children and teens; Discord calls the lawsuit disproportionate
The Brazilian government said on Wednesday it has sued chat platform Discord, seeking 500 million reais ($97 million) …
Medical device manufacturer Boston Scientific says a cyberattack disrupted some of its IT systems and global operations, including order processing and shipping
Medical technology company Boston Scientific has been targeted in a cyberattack that disrupted some of its IT systems, causing operational disruptions globally.
Anthropic gives Claude Cowork its own built-in browser on the desktop app separate from users' day-to-day browser, rolling out to paying subscribers
Anthropic added a built-in browser to Claude's Cowork desktop app, ending the need for the Chrome extension for many web tasks.
Google starts rolling out the google.com/goto URL as a passthrough URL to help prevent scraping of its search results by third-party tools and AI companies
This seems like a way for Google to help prevent scraping of its search results by third-party tools and AI companies …
Hugging Face unveils Microduck, a $400, 1.7lb, 10-inch-tall bipedal robot developed in part by Pollen Robotics and manufactured by Shenzhen-based Seeed Studio
Artificial intelligence platform Hugging Face Inc. unveiled a singing $400 bipedal robot that can be taught tricks …
Salesforce stock closed up 22.6% on Thursday, its second-best day ever, after the company reported a beat on Q2 earnings and expanded its Anthropic partnership
Shares of Salesforce jumped 22% Thursday after the company reported a beat on second-quarter earnings and announced …
Meta's AG settlement will be distributed to the 48 signing states and four jurisdictions in annual installments over a 10-year period based on their populations
but not Florida
CrowdStrike reports Q2 revenue up 26% YoY to $1.47B, above $1.44B est., and forecasts FY 2027 revenue above est.; CRWD jumps 9%+
CrowdStrike Holdings Inc.'s shares jumped in late trading after the company projected revenue for the full year that exceeded analysts' estimates …
Rockstar says GTA VI gameplay leaking “this way has been heartbreaking”, calling it “unfortunate” that the “game experience may now be impacted” by spoilers
Product management startup Linear topped $100M in annual recurring revenue and held a $99M employee tender offer at a $2.5B valuation, up from $1.25B in 2025
Artificial intelligence was supposed to kill software-as-a-service. Linear didn't get the memo.
Google announces new performance thresholds for Android apps, including memory-use limits, citing “significant hardware supply constraints” due to the AI boom
Google is making changes to its requirements for Android apps as developers face industry-wide memory chip shortages driven by the AI data center boom.
OpenAI is testing a “Persistent mode” in Codex, designed to let AI agents “continue working until put to sleep” and proactively generate follow-up tasks
Code reviewed by WIRED reveals the company is developing a feature that enables Codex to continue working proactively until it is “put to sleep.”
YouTube adds Amazon to its shopping affiliate program, enabling US creators to tag Amazon products in Shorts, longform videos, and livestreams
The retailer just finally joined YouTube Shopping's affiliate program. — YouTube has landed one of the biggest possible gets for its creator ecommerce platform.
Google launches a pilot of double-blind AI evaluations, keeping external evaluations in a cryptographic “box” to stop benchmark contamination and protect IP
Building trust in proprietary model benchmarks using cryptographically secure environments — Imagine a student is set to take a high-stakes exam.
Sources: SoftBank is in talks to buy a majority stake in humanoid robot maker 1X at a $6B valuation; 1X sought $1B at a $10B valuation in 2025, but raised <50%
SoftBank is in talks to buy a majority stake in 1X Technologies, an OpenAI-backed humanoid robot developer …
Bill Gates says “the AI era will be one of the most turbulent times in human history” and “we are not preparing adequately”, calling for a regulatory framework
Google launches Gemini Omni 1.1 Flash, which it says delivers studio-quality video production, including the ability to extend a scene, 4K upscaling, and more
Omni now delivers studio-quality video production, including the ability to extend a scene, first and last frame interpolation …
Alibaba releases Qwen3.8-Flash, an open-weight, 125B-parameter model built on its next-gen Qwen 4 architecture, saying it rivals Opus 4.6 and V4-Flash
OpenAI launches ads on its ChatGPT Free and Go subscription tiers in India, where it has 100M+ weekly active users, and plans to launch an ad manager next month
It seems there is no escaping the ad industry. — OpenAI said on Thursday that it will start showing ads on its ChatGPT Free and Go subscription tiers in India.
Salesforce reports Q2 revenue up 11% YoY to $11.35B, above $11.32B est., net income up 87% to $3.5B, and forecasts Q3 revenue above est.; CRM jumps 13%+
METR and Redwood detail how ~1,200 OpenAI agents coordinated cheating on an unsanctioned board, sending 70K+ messages and files, and ~700 attacked Hugging Face
Redaction summary statement: Except where explicitly noted in this post, OpenAI redacted no additional information that was important to our conclusions.
Google adds Expert Intelligence to Gemini Notebook, letting users import eligible titles they own in Google Play Books to ask questions, generate podcasts, more
Gemini Notebook's new ‘Expert Intelligence’ feature pulls information from the books you've purchased.
Sources: Anthropic has been working on a plan to allow secondary stock sales in its IPO while also considering lockup periods longer than the standard 180 days
Anthropic has been working on a plan to let existing shareholders sell some stock in its blockbuster initial public offering …
Nvidia forecasts Q3 revenue of $108B, above $104B est., expects FY 2028 revenue to grow by ~70%, and expands its AWS deal through 2028; NVDA jumps 6%+
Deborah Mary Sophia /Reuters:
Sources: Town, which develops enterprise personal AI assistants, is in talks to raise at a $1B valuation in a round led by Index Ventures
Town, the buzzy enterprise personal agent, is raising at $1 billion, sources tell us — Two startup personal assistants have venture capitalists in a tizzy right now:
AWS plans to add 2M Nvidia Blackwell Ultra, Rubin, and Rubin Ultra GPUs to its data center fleet in 2027 and 2028, in addition to 1M GPUs announced in March
Gambit Security: Russian-speaking ransomware gang Aur0ra used SpaceX's Cursor AI coding assistant to breach at least seven companies between April 8 and May 21
Russian-speaking hackers used SpaceX's (SPCX.O) AI coding assistant, Cursor, to help break in to a Belgian chemical company …
UK consulting executives say AI has made interpersonal skills more valuable, as the companies consider more office time for junior staff to hone them
Artificial intelligence has made interpersonal skills more valuable, executives say — Consulting executives are considering ordering junior staff …
CivilGrid, which collects data about utility assets, property ownership, and more to build a “Google Maps for the underground”, raised a $26M Series A
Josh Mackanic left a 10-year engineering career at Pacific Gas and Electric because he kept thinking about what the utility company …
Trump signs an EO banning the use of certain foreign-made bulk-power equipment, including associated critical software, deemed to pose national security risks
SEC filing: OpenAI invests ~$400M in its second startup fund, after it raised $175M for its first fund in 2021 from outside investors, including Microsoft
The ChatGPT maker is dedicating $400 million to investing in early-stage AI companies — OpenAI is launching a second startup fund …
Plaud unveils Plaud One, a $250 pair of 4G, eSIM-enabled AI earbuds with coverage in 80+ countries and $200 in AI feature credits; Plaud is making 2,000 units
Sources: Abu Dhabi's Sheikh Tahnoon and co-investors back an entity owning 49%, the largest stake, in the company behind the Trump family's planned crypto bank
The Emirati ‘spy sheikh’ backs a 49% stake in the entity behind the new World Liberty bank — The Abu Dhabi royal sometimes referred …
Alphabet agrees to pay £260M to settle a UK class action lawsuit claiming it levied “unfair” charges on software downloaded from the Google Play app store
Group's Google business was accused of overcharging developers who made software for the Google Play app store
Nevada-based identity verification and fraud prevention startup Socure raised $156M at a $5.2B valuation and acquires Austin-based agentic AI startup Fravity
Identity verification and fraud prevention company Socure announced Thursday that it raised $156 million in a strategic growth investment valuing it at $5.2 billion.
Sources: DeepSeek is set to soon raise $7.4B at a $74B valuation from existing and new investors to fund R&D and its expansion into computing infrastructure
The latest development will come as a welcome signal about the business model ahead of its possible IPO
Sources: Donald Trump Jr. told GOP state AGs at a March event that gambling companies' “vested interest” was misleading states to attack prediction markets
In early March, Donald Trump Jr. made a pitch to a crowd of Republican state attorneys general who had gathered for a three …
Thinking Machines Lab co-founder Barret Zoph is returning to Google as VP of research, after leaving OpenAI in June and Thinking Machines Lab in January
HP reports Q3 revenue up 12.5% YoY to $15.7B, PC revenue up 18% to $11.8B, but units down 16%, and Printing revenue down 2% to $3.9B; HPQ drops 9%+
Sources: the FTC has been investigating whether YouTube broke consumer protection laws by violating its own policies when suspending accounts or banning content
The US Federal Trade Commission has been investigating whether Alphabet Inc.'s YouTube violated consumer protection laws …
Meta says its AG deal requires it to create an age assurance standard that is subject to independent testing, with a false positive rate no higher than 10%
Meta has to pay a $17 billion fine for what they did to become a $1.5 trillion company.
Z.ai says it tested GLM-5.3-Flash anonymously as Ox Alpha on OpenCode and OpenRouter, with all traffic served on Chinese AI chips, and releases its weights
Luz Ding /Bloomberg:
In Q2, Apple's base iPhone 17 was the global best-selling smartphone, with a 6% share, followed by the iPhone 17 Pro Max; Apple and Samsung had all 10 top spots
Meta's AG settlement gives it a moat to write child safety rules for other social media platforms, with little evidence its new safety features will help kids
including adults — while handing the states a pipeline to that data for whatever else they decide it's useful for.”Mike Masnick /@masnick.com:In case you wanted about 3,700 words on the problems with ...
Internal memo: Meta's AI agent Hatch “has its own computer” to perform tasks, works when the app is closed, can connect to email, Instagram, OpenTable, and more
It can DJ. It can order food. It can book you a table at a restaurant. And of course, it can access your Instagram.
A federal judge, in his US Court of Appeals ruling, urged SCOTUS to reconsider the issue of CSAM and revisit legal precedents that predated advances in AI
In his ruling, which applies to only certain images, a federal judge asked the Supreme Court to revisit legal precedents that predated advances in AI.
Meta says its new teen safeguards on Facebook and Instagram are exclusively for US users; the changes will be closely watched by officials outside of the US
OpenAI says reward hacking, an AI alignment problem in which a model takes unintended actions to achieve a goal, was a primary driver of the Hugging Face breach
In July, an unreleased OpenAI model broke out of a restricted environment, figured out how to get access to the internet …
Source: Nvidia plans an employee-funded political action committee called NVPAC, as it seeks to step up its efforts to influence US policy
Tech company Nvidia will start an employee-funded political action committee, a source familiar with the plans told Reuters, as the company seeks to step up its efforts to influence U.S. policy.
Sources: Anthropic discussed buying AI chip startup MatX for ~$7B, but talks are no longer active; MatX is now seeking to raise new capital at a ~$4B valuation
Anthropic discussed buying artificial intelligence chip startup MatX for roughly $7 billion, seeking to accelerate efforts …
Banks are warming up to launching their own stablecoins as nonbank companies enter the market; sources: JPMorgan Chase evaluated launching its own stablecoin
OpenAI says reward hacking, an AI alignment problem in which a model takes unintended actions to achieve a goal, was a primary driver of the Hugging Face breach
Hayden Field /The Verge:
Sources: some Trump administration officials circulated a draft EO to create a self-regulatory organization for AI, but it needs buy-in from Trump and others
The Trump administration has internally circulated a draft executive order in recent weeks, calling for the creation …
Amazon's Ring unveils a new proprietary encryption architecture called TAKE, set to begin rolling out in September as the default encryption for all cameras
Meta is seeking to position itself as the industry leader in child safety through its settlement with AGs, while still refusing to admit any wrongdoing
Will significant changes to Facebook and Instagram be enough to beat back a global wave of bans? — For just under a year from 2022 to 2023 …
Deep Cogito, which develops open-weight models and helps companies build their own specialized AI models, raised a $43M Series A led by TQ Ventures
Nvidia stock closed up 8.74% on Thursday, adding ~$440B to Nvidia's market cap, after its revenue guidance reassured investors that AI demand remains strong
Japan's Kioxia and Sandisk plan to spend $31B+ in Japan through 2032 to drive chip tech and expand production capacity, including an $11.3B Kitakami plant
A profile of Leopold Aschenbrenner, who worked for SBF and OpenAI before launching Situational Awareness; Aschenbrenner married Dario Amodei's chief of staff
Sources: Moonshot AI is in early talks over revenue-sharing agreements with Microsoft, Amazon, and Google to host Kimi K3, and is seeking up to a 30% share
Meta's AG settlement says its age verification framework will use “reliable age signals” shared with it by “OS and app stores operated by Apple and Google”
Under its splashy agreement with state AGs, Meta gets to flaunt the high road, while dragging its competitors.
Nvidia says its commitments to component suppliers for its AI chips and systems hit $279B in Q2, up from $119B in Q1, $95.2B in Q4 2025, and $50.3B in Q3 2025
Asa Fitch /Wall Street Journal:
Samsung unveils the Galaxy S26 FE, offering an Exynos, not Qualcomm, chipset, 12GB of RAM, a dialed-back camera system from the S26, for $700+, a $50 price jump
X launches NFL Gametime, an integrated NFL feed and hub featuring live data, scores, statistics, creator content, and more through to the 2027 Super Bowl
Arturo Béjar, a key witness in state AGs' trial against Meta, says terms of the settlement are insufficient to protect young users; Meta rejects the criticism
Nick Robins-Early /The Guardian:
Sources: Singapore-based Shein is set to price its Hong Kong IPO at ~$6.20, or near the midpoint of its marketed range, raising $1.73B and valuing it at ~$26.5B
Cambridge, MA-based Transfyr emerges from stealth with a $25M seed to use AI to address science's reproducibility crisis and capture labs' “tacit knowledge”
Sources: Sword Health plans to acquire mental health company Headspace for between $200M and $300M in cash, far below its ~$3B valuation in 2021
Bengaluru-based Runable, whose AI agents let small businesses find customers, run ad campaigns, and more, raised a $21M Series A at a $65M post-money valuation
Sources: the US is probing Singapore-based Apex Logistics for its suspected role in smuggling servers with Nvidia AI chips to China; Apex says it is cooperating
Sources: Meta internally projected that it could spend as much as $10B annually on Anthropic's AI models, even as Zuckerberg publicly criticized Anthropic
Sources: Nvidia paused some deals with AI cloud providers in the revenue-sharing program it announced in July; Nvidia says the program is still in place
Wall Street Journal:
Filing: Nvidia says it has $18B committed to equity investments for the rest of the fiscal year and held $47.9B in private companies as of late July
a 70% growth bombshell meant to silence AI bubble critics and ‘circular financing’ doomsayers
Kalshi partners with Weather Co. to verify climate and weather prediction market settlements; Kalshi says weather vertical trading volume will hit $1.1B in 2026
A look at the Cornell Lab of Ornithology's Merlin Bird ID app, which has been downloaded 42M times since launching in 2014 and can identify 11,000 bird species
YouTube and TikTok are yet to publicly acknowledge Meta's proposed changes under its AG settlement; some US lawmakers signal an appetite for industry-wide rules
Mike Isaac /New York Times:
The Trump administration has struck data-sharing deals with OpenAI, Google, Meta, Amazon, and other tech companies to track how AI is affecting jobs and hiring
YouTube and TikTok are yet to publicly acknowledge Meta's proposed changes under its AG settlement; some US lawmakers signal an appetite for industry-wide rules
Mike Isaac /New York Times:
Sources: Adam Mosseri met with state AG representatives roughly a month ago, saying Meta would appeal any adverse verdict but was willing to make changes
Reuters:NEW