Sources: Phil Schiller has stepped down from his role leading Apple's App Store and product events; he will remain at Apple to work on unspecified initiatives
Apple Inc.'s Phil Schiller, one of the most visible and influential executives across both the Steve Jobs and Tim Cook eras …
MapQuest becomes the top free iPhone app on the App Store in Canada and fourth on the US App Store, after refusing to change Lake Ontario to Lake America
MapQuest is in the spotlight this week after refusing to change “Lake Ontario” to “Lake America” on its map following an executive order issued …
Trump says US communities that reject data centers will end up “backwards and poor” and that “China could not be happier with this anti Data Center movement”
President Donald Trump on Monday again championed the spread of data centers despite growing bipartisan backlash ahead of the midterms in November.
The US FTC and 22 state AGs sue Amazon, alleging it overcharged advertisers by $20B+ since 2019 via hidden surcharges, with costs largely passed on to consumers
The Federal Trade Commission on Monday sued Amazon, alleging the e-commerce giant “secretly and systematically overcharged” …
Anthropic unveils Claude Fable 5.1, which is generally available, and Mythos 5.1, for trusted partners and with cybersecurity and life sciences safeguards
We're introducing Claude Fable 5.1 and Claude Mythos 5.1. They're the world's most advanced models for coding and knowledge work …
Sony launches Live TV on PS5 in the US, letting users stream 100+ free, ad-supported channels with content from Amazon MGM Studios, Crunchyroll, Fox, and more
Ad-supported streaming channels are hitting Sony's console in the US today. — PlayStation 5 owners in the US will be able to stream free …
Nvidia plans to invest $3.5B into MediaTek through convertible bonds; MediaTek forecasts AI chip revenue of about $2B this year
Nvidia Corp. is investing $3.5 billion into MediaTek Inc., deepening collaboration with the Taiwanese chipmaker at a time when it's working to persuade …
The EU designates ChatGPT as a very large online search engine, and Reddit and Roblox as very large online platforms after each hit 45M monthly users in the EU
ChatGPT, Reddit Inc. and video game company Roblox Corp. will face stricter European Union scrutiny after surpassing a threshold of 45 million monthly users in the bloc.
OpenAI says its ad business has hit $1B in annualized revenue run rate and is expanding globally, as it touts its “diversified business model” ahead of an IPO
OpenAI on Monday announced that its advertising business has hit $1 billion in annualized revenue run rate …
OpenAI says it plans to publicly release a version of Astra “soon” but will make its advanced cyber capabilities available only to select partners
The company will give select partners early access to its Astra AI model—so they have time to shore up their defenses.
Filing: Apple claims a former iPhone engineer used a confidential Apple circuit schematic in his work at OpenAI, says “evidence is being destroyed”, and more
Apple has filed a new document in its ongoing lawsuit against OpenAI as it continues to push for expedited discovery.
Nvidia says it will launch DLSS 5 on September 3 on RTX 50-series desktop and laptop GPUs and through GeForce Now, following a divisive announcement in March
DLSS 5 is almost here, but only for NBA 2K27, and only officially for 50-series RTX GPUs. … Nvidia is officially launching DLSS 5 this week …
Microsoft confirms it has restored core Exchange Online functionality, including mail flow and search, after a day-long outage from around 11:30AM ET on Monday
Snow day? Microsoft on Monday confirmed a widespread, multi-hour outage affecting Outlook users, leading to email delays and failures, authentication issues, and other problems.
The Pentagon launches ChatGPT Mil and Grok for Government on its GenAI.mil portal, giving its 3M personnel access to AI tools “tailored to warfighter needs”
The Pentagon has launched versions of OpenAI's ChatGPT and xAI's Grok, giving 3 million civilian and military personnel access …
Anthropic details security efforts after three Claude cyber evaluation incidents, including a weeks-long pause on higher-risk RL and work to curb reward hacking
On July 30, we reported three incidents in which Claude models gained unauthorized access to real computer systems.
The Trump administration launches Project Watershed 250, a six-month AI and cybersecurity pilot to protect Texas water systems from cyberattacks
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Dyson unveils the $499 CameraJet, an AI-powered toothbrush with a 100K-pixel macro lens that scans at 28 images per second and is trained on nearly 470K images
Dyson Ltd. introduced a $499 toothbrush that uses artificial intelligence and a built-in camera to give real-time feedback …
Sources: Anthropic has signed a $35B cloud deal with Nvidia-backed Lambda; Nvidia will hold the lease on, and supply chips to, a Hut 8-built Texas data center
Nvidia will supply chips to Texas data center and hold the lease, another example of the company using its financial might to boost a customer
Florida says it is revoking permits for Flock cameras and similar license-plate readers on state roads and no longer intends to issue permits for the cameras
Florida is revoking permits for Flock cameras and similar license-plate readers on state roads, dealing a blow to local law enforcement agencies …
Sources: Polymarket is set to raise $1B led by 1789 Capital at a $21B post-money valuation; Donald Trump Jr. is a partner at 1789 and an adviser to Polymarket
Venture capital firm 1789 Capital is leading a new funding round for Polymarket that will give the prediction-markets platform a $21 billion post-money valuation.
Google raises the price of its Google TV Streamer by $50 to $150 in the US, as well as for “select” Nest cameras and doorbells, citing “rising component costs”
Google has quietly raised the price of the Google TV Streamer to $149.99.
On his last day as CEO, Tim Cook sends a memo to Apple employees reflecting on his time and says he takes “enormous comfort in handing the helm” to John Ternus
Today is Tim Cook's last day as Apple CEO, with John Ternus set to take over tomorrow.
Former NY GOP Rep. George Santos receives Kalshi's first lifetime ban after the CFTC alleged he made $17K by betting on his appearance at the State of the Union
How lawn care YouTuber Greg Chism scaled his family channel to 13B views thanks to YouTube's advice, before YouTube banned it in 2017 following online backlash
- - 1k — I promised Greg Chism I wouldn't reveal anything about where he lives because there are people out there obsessed with him, convinced he's a monster.
Fei-Fei Li's World Labs unveils Atlas, a multimodal world model that generates image/video frames with pixel-perfect camera control and reconstructs them in 3D
World models generate, reconstruct, and simulate any possible world. They understand how worlds appear, behave …
Mozilla launches built-in ad blocking for Firefox on iOS, using Apple's WebKit Content Blocker and the EasyList filter to block third-party ads and trackers
Mozilla is using Apple's WebKit Content Blocker technology and the EasyList filter to block ads in Firefox.
Google rolls out its September Android Drop, with remembered items in Find Hub, Guided vision in Gemini Live, Motion Assist to reduce motion sickness, and more
Let's be frank: Some of Google's recent Android feature Drops have been duds, offering little more than an expansion of Gemini summaries and chat functions.
As Governor Josh Shapiro, who once pushed data centers, calls them “predatory” and sets guardrails, some in struggling western Pennsylvania welcome the projects
Amid a backlash, Gov. Josh Shapiro is pumping the brakes on enormous data centers.Forums:r/PennsylvaniaForums:r/Pennsylvania:Pennsylvania's A.I. Gold Rush Meets Second Thoughts: Amid a backlash, Gov. ...
Dell reports Q2 revenue up 58% YoY to $46.97B, vs. $44.92B est., and forecasts $192B in FY 2027 revenue, vs. $172.67B est.; DELL jumps 9%+ after hours
Dell Technologies shares moved 9% higher in extended trading on Tuesday after the computer maker reported results and a forecast that easily cleared Wall Street expectations.
Apple updates Apple Maps to show Lake America for US users, Lake Ontario for Canadian users, and both for the rest of the world, following Trump's EO
Apple Inc. renamed Lake Ontario “Lake America” on its maps service, following a similar move by Alphabet Inc.'s Google, in the wake of an order from US President Donald Trump.
Instagram says it will reduce the reach of accounts featuring AI-generated personas if they don't use a new “AI-generated profile” label
The app isn't cracking down on other kinds of AI slop, though. — Instagram is changing its rules for profiles that feature AI-generated personas.
Memo: Savvy Games Group CEO Brian Ward, who oversaw the Saudi Arabian government's $38B investment in the video game industry since 2021, is stepping down
Savvy Games Group Chief Executive Officer Brian Ward, who oversaw the Saudi Arabian government's $38 billion investment in the video-game industry …
Starman Optical agrees to acquire GoPro for $285M in cash, a 29.5% premium to GPRO's last close; GoPro hit a $4B market cap on its first trading day in 2014
Action camera maker GoPro (GPRO.O) said on Tuesday it is being acquired by Starman Optical in an all-cash deal valued at $285 million.
PSI, which aims to use AI “to industrialize the discovery of new physics” including cracking interstellar travel, emerges from stealth with a $58M seed
AI is best known for transforming coding. Now, one startup is making the case for physics.
Shein ends flat at ~$6.20 per share on its first day of trading on the Hong Kong stock exchange, giving it a ~$26B market cap after raising ~$1.7B in its IPO
Shares of Chinese online fashion giant Shein ended flat on its first day of trading on the Hong Kong stock exchange …
Sonos opens its platform to third-party AI assistants, upgrades Sonos 27voice assistant with an in-house LLM, and plans to let users create their own AI agents
As the company opens its platform to AI assistants, Chief Executive Officer Tom Conrad wants to reposition Sonos as something bigger than a speaker brand.
Meta launches Muse Voice Transcribe, MSL's first real-time audio perception model, with streaming automatic speech recognition, trained with 70+ languages
Experience Muse Voice Transcribe in real time … We're excited to introduce Muse Voice Transcribe, the first real …
Roku unveils its first self-branded OLED smart TVs starting at $999, in 55" and 65" 120Hz models, and $1,299 for a 144Hz model, sold exclusively via Amazon
Roku Inc. introduced its first self-branded smart TVs with organic light emitting diode, or OLED, display technology …
Sources: Hyperliquid is in talks to enter the US market via Kraken parent company Payward, weeks after Trump said he was working to bring the platform onshore
Hyperliquid Labs is in advanced talks to bring its perpetual futures to US traders through Kraken's parent company Payward …
Memo: Alexandr Wang says Meta is switching from Google Chat to Slack for internal communications as Slack is the “strongest platform available today for agents”
- Meta is migrating to Slack for internal communications, a memo from AI chief Alexandr Wang says.
The US urged G20 members to avoid writing entirely new AI regulations, and instead focus on writing rules for “novel” situations that involve the tech
The U.S. pressed G20 members on Tuesday to take a hands-off approach to AI regulation and avoid creating new rules …
A consortium of 21 banks, including Bank of America, Citigroup, and Goldman Sachs, says it will establish a company and launch its stablecoin venture in H1 2027
Twenty-one firms, including several megabanks, plan to establish a company that would help guard against competition from digital assets
Study: nearly 33% of UK adults say they illegally streamed content in the past three months, costing the sport, TV, and film industries £1.4B+ in annual revenue
Coalition seeks government support to crack down on pirated content and restore lost revenue
Google launches Google Pics, a creative design suite powered by Gemini and Nano Banana to compete with Canva and Adobe Express, available as a Workspace app
This new image generation and editing app is bringing graphic design to Google Workspace.
a16z says its fifth growth fund has closed additional capital, bringing its total to $8.5B, calling it “the obvious thing to do” for its founders and LPs
OpenClaw releases OpenClaw 2.0, its largest update to date, with a simplified installation process, a rebuilt browser app, shared cloud sessions, and more
Amazon says the FTC's complaint over Sponsored Ads cites no evidence of consumer price increases or advertiser harm, and misunderstands how advertisers operate
The FTC today filed a misguided lawsuit claiming Amazon misled advertisers about its Sponsored Ads pricing and auction.
Perplexity launches Hybrid Compute, which splits a task between a frontier, cloud model and a local LLM to handle sensitive info, for all users of its Mac app
LLM Token Expenditure Index: average cost per million tokens has fallen to 97 cents, part of a sharp months-long decline since hitting a high of $2.07 on May 28
A closely followed measure of artificial intelligence token prices touched fresh lows this week, the latest sign of deflating prices …
Reframe, which uses AI and industrial robot arms to make modular homes in a factory, raised a $40M Series A extension round led by Energy Impact Partners
For all the talk of robots that look like humans, the next robots to move into people's houses could look more like ducks.
John Deere is testing JD, an AI assistant for farmers, to help with best practices and find trends based on farmers' “field, machine, and operational data”
The new ‘JD’ AI uses farmers' own data to answer questions about their operations and equipment.
Private equity firm Epiris agrees to acquire European enterprise comms provider Gamma Communications for ~£1B, a 53% premium to Gamma's share price on April 7
Private equity firm Epiris has agreed to buy Gamma Communications Plc for about £1 billion ($1.4 billion) …
Hong Kong-listed Z.ai reports H1 2026 revenue up 5x YoY to ~$142M, with “open platform and API revenue” up 28x to ~$122M, and net loss down 12% YoY to ~$308M
Chinese AI firm Z.ai's revenue in the first half jumped nearly fivefold from a year earlier to 954 million yuan …
AI power infrastructure company SB Energy, which is backed by SoftBank, OpenAI, and Nvidia, files for an IPO, and says it is “substantially dependent” on OpenAI
Empirik, which uses AI to predict and prevent IT outages by analyzing system changes and their effects, raised a $21M seed and spins out from Sequoia Capital
Before joining Sequoia Capital in 2020 as chief digital and information officer, Avon Puri spent over a decade running infrastructure at Rubrik and VMware.
AI startup Mirage streamed a 24-hour “live” AI news show on X on August 11, which cost ~$50K in tokens, featuring realistic avatars that struggled to converse
Inside the good, the bad, and the ugly of a 24-hour live AI broadcast experiment by video startup Mirage.
Sources: AI sales and marketing startup Clay is raising a round led by Wellington at a $7B pre-money valuation, up from $5B via an employee tender in January
Clay, an AI startup for sales and marketing teams, is raising new money led by Wellington at a $7 billion pre-money valuation, Axios has learned.
Waymo starts offering driverless rides to customers in San Diego, Tampa, Florida, and Denver; Amazon's Zoox says it will start testing in Houston and San Diego
DataAgent, which is developing AI agents that autonomously fix failures inside companies' own cloud infrastructure, emerges from stealth with a $10M pre-seed
The Israeli startup is taking aim at the cost and complexity of observability by putting autonomous agents directly inside production environments.
Together AI, which serves open models, announces a deal to use compute from Humain in Saudi Arabia, where it can bypass US backlash over data centers
Félix, an AI-powered WhatsApp remittance platform focused on Latinos in the US, raised a $200M Series C co-led by a16z and GC, including $113M in debt
Félix, an AI-powered WhatsApp remittance platform for Latino immigrants, announced on Tuesday that it has secured $200 million …
Interior Secretary says President Trump “reached out to Apple directly” about changing Lake Ontario to Lake America and the company may soon alter its maps
Wafer, which makes AI agents that optimize open-source models for a business's workload, raised a $40M Series A, a source says at a $200M+ valuation
Developers and chip designers are increasingly upbeat about the benefits of using AI to supercharge the process of designing and optimizing AI chips …
Sources: CXMT has begun producing HBM3E memory chips in small quantities and plans to expand production in 2027, a major advance for China's chip industry
Bank of England Governor warns that advanced AI could destabilize the highly interconnected global financial system via cyberattacks across jurisdictions
Indian edtech startup upGrad closes its acquisition of rival Unacademy in an all-stock deal valuing Unacademy at ~$206M, down from its peak $3.44B valuation
Gurman: Apple is moving the App Store to its services unit led by Eddy Cue, who oversaw it until 2015; Cue is taking on a more influential role under Ternus
Chance Miller /9to5Mac:
Air Security, which builds a security service for extensions and other tools installed on AI agents, emerges from stealth with $50M led by Sequoia and Greenoaks
The Israeli startup emerged from stealth with research showing thousands of AI add-ons rely on untrusted sources …
Aslan, which offers AI agents for the FBI and wider intelligence community that can pose as analysts and undercover spies in online forums, raised $20.8M
Aslan, a startup building AI agents that act as operatives in national security missions, is publicly launching today after raising $20.8 million …
Sources: Salesforce is leading a $160M+ raise for HR software company HiBob at a $3.2B+ valuation, up from $2.66B in 2023; HiBob has raised $700M+ since 2015
The Hugging Face and Mythos 5 incidents show AI agents can self-organize, raising questions about how much agency they should have and when to seek human input
Shein raised $1.7B in its Hong Kong IPO, giving it a $26B market cap, far below its ~$100B valuation in 2022, as growth slows amid tariffs and competition
Sources: AfterQuery, which sells coding and finance training data to AI labs, has hit a valuation of $3.2B, up from $300M in April, and is profitable
Twenty three year-old Spencer Mateega pivoted his YC startup into the fastest unicorn in the accelerator's history, fueling …
Sources: South Korea's dismissal of a US congressional report saying it discriminated against US-based Coupang is causing strains between the two countries
John Ternus takes over as Apple CEO and Tim Cook becomes executive chair; sources say Laura Legros, an Apple hardware VP who retired in 2022, has rejoined Apple
Big technology and management changes are greeting John Ternus, whose long-serving predecessor, Tim Cook, will stay on as executive chair.
Sources: Google plans to release Gemini 3.8 Flash as soon as Wednesday; Gemini 4 has done well on pre-training evals but still needs to complete post-training
Internal tests of Gemini 3.8 Flash show progress in an area where the company has lagged behind Anthropic and OpenAI.
Palo Alto Networks reports Q4 revenue up 34% YoY to $3.41B, vs. $3.35B est., and acquires Console, which provides AI-powered IT service management
Samantha Subin /CNBC:NEW
MongoDB reports Q2 revenue up 30% YoY to $771.8M, vs. $735M est., Atlas revenue up ~29% YoY, below major hedge funds' expectations; MDB drops 12%+ after hours
Huawei reports H1 2026 revenue up 10% YoY to ~$69.57B, with net income down 36% to $3.54B; it is now the top smartphone brand in China with a 20%+ market share
Filing: Apple says John Ternus will get a compensation package worth ~$58M in FY 2027, while Tim Cook's role as executive chairman will pay ~$47M
Mark Gurman /Bloomberg:
The UK unveils a £100M Sovereign AI R&D Procurement Scheme for domestic AI startups to improve public services, amid growing opposition to Palantir contracts
John Ternus takes over as Apple CEO, as Tim Cook becomes executive chair; sources say Laura Legros, an Apple hardware VP who retired in 2022, has rejoined Apple
Big technology and management changes are greeting John Ternus, whose long-serving predecessor, Tim Cook, will stay on as executive chair.
A look at Tim Cook's 15-year tenure: Apple silicon, wearables, hitting a $1T market cap, privacy, Apple Vision Pro, Apple Car, AI, App Store battles, and Trump
Expectations for Tim Cook were almost impossibly high when he stepped in to replace Apple's visionary co-founder in 2011.
Under Tim Cook, Apple's market cap grew from less than $350B in 2011 to $4.6T, revenue went from $157B in FY 2012 to ~$477B in FY 2026, and shares rose 2,258%
Ryan Vlastelica /Bloomberg:
Z.ai reports H1 2026 revenue up 400% to ~$142M, below its $200M projection; Z.ai's market value surged 800% since its January listing, peaking at $137B
Filing: Tencent-backed AI chipmaker Enflame prices its Shanghai IPO at ~$21 per share, aiming to sell 43M shares and raise ~$911M
A Chinese court froze up to $300M of assets held by Dutch chipmaker Nexperia, giving its Chinese parent company Wingtech leverage in its bid to regain control
Anthropic says Fable 5.1 will cost an estimated 25% less than Fable 5 for typical workloads and up to 45% less for highly agentic work
Anthropic PBC is releasing a new version of its powerful Fable artificial intelligence model that it says is better at coding and science tasks …
Claude Fable 5.1 and Mythos 5.1 are Anthropic's first models to watermark text outputs; a detection API is available to eligible groups as required under EU law
Ben Patterson /PCWorld:NEW
Anthropic launches Enterprise Frontier Safeguards to let businesses control how their data is reviewed, stored, and managed, after pushback from customers
Ashley Capoot /CNBC:
Anthropic says Fable 5.1 sets new standards on coding, knowledge work, and long-running problem-solving tasks, and can fix the root causes of software issues
Carl Franzen /VentureBeat:NEW
Filing: OpenAI denies Apple's allegations of trade secret theft, saying “this dispute is a mess of Apple's own making, and it is trying to blame everyone else”
Deepa Seetharaman /Reuters:
A look at Pangram, the AI detector at the center of disputed accusations against writers, including a pulled novel and a Commonwealth Prize-winning short story
Big Tech reported Q2 “other income” rose significantly to $160B+, driven by investments in AI companies, raising concerns of paper gains overstating the AI boom
OpenAI says Astra is its first model to reach its “Critical” cyber threshold and warns safeguards may mistakenly flag legitimate activity as cyber misuse
OpenAI said Tuesday that it plans to release its latest model — Astra — soon, but its most advanced cybersecurity features …
Fermi Explorer Mission plans to launch a spacecraft to Alpha Centauri, the Sun's nearest star system, by 2029, using a trajectory discovered by PSI's AI system
Michelle Kim /MIT Technology Review:NEW