| Mark Gurman / Bloomberg: |
OpenAI says it has removed all marketing materials announcing its $6.5B acquisition of Jony Ive's io from the web due to a “baseless” trademark dispute lawsuit — Social media users noticed Sunday that a video and website hosted by OpenAI that announced the artificial intelligence … | Financial Times: |
Tesla's Austin robotaxi service gets a limited launch, with ~10 Model Y vehicles and safety drivers; Elon Musk says initial users will pay “a $4.20 flat fee” — Self-driving technology on which Elon Musk has staked the future of his company debuts in Texas| Reuters: |
Texas enacts legislation requiring a DMV permit to operate self-driving vehicles, effective from September 1, as Tesla launches its robotaxi trial in Austin — Texas Governor Greg Abbott, a Republican, has signed legislation requiring a permit to operate self-driving vehicles … | Bloomberg: |
The Senate parliamentarian rules that a Republican effort to block US states from enforcing AI laws for 10 years will remain in Trump's One Big Beautiful Bill — A Republican effort to block US states from enforcing new artificial intelligence regulations will remain in President Donald Trump's massive tax … | Wall Street Journal: |
Behind Mark Zuckerberg's sweeping recruitment effort for Meta's new Superintelligence lab, including hundreds of reach outs and $100M+ offers and counter offers — In a bid to address an AI crisis at his company, the Meta CEO has gotten personally involved in recruiting top talent| Jack Buehrer / The Verge: |
The music industry is developing tools to detect AI-generated music across the music pipeline, focusing on proactive licensing and control rather than takedowns — With no way to stop the onslaught of AI music, the industry is taking a different approach: figuring out how to make money off of it.| Mark Gurman / Bloomberg: |
A look at Apple's conservative M&A strategy, which may need to change to catch up in AI by acquiring Perplexity AI, Cohere, Sierra AI, Databricks, or Mistral AI — Apple will need to make the biggest acquisition in its history to put an end to its artificial intelligence debacle.| Walter Frick / Bloomberg: |
How AI is enabling a “botscaling” era in Silicon Valley, where companies achieve high revenue per employee with minimal headcount — Startups used to brag about valuations and venture capital. Now AI is making revenue per employee the new holy grail.| Barbara Moens / Financial Times: |
Sources: Apple is locked in last-minute EU negotiations over App Store changes to avoid fines set for this week, and is expected to offer “steering” concessions — Tech group must make concessions to comply with Digital Markets Act or be hit by escalating levies from Thursday| Lucas Shaw / Bloomberg: |
Inside Disney's plan to limit AI companies' use of its IP, which led Disney and Comcast to sue Midjourney; Disney is also in talks with companies like OpenAI — Disney's top lawyer says his lawsuit against Midjourney is just the first step in a plan to limit AI companies' use of the studio's most valuable characters.| Financial Times: |
Sources: Revolut CEO Nik Storonsky could get a multibillion-dollar payout if he drives the fintech's valuation to ~$150B, under an Elon Musk-style pay deal — Nik Storonsky struck deal before SoftBank funding round that awards him more shares if valuation clears set hurdles| Kevin Draper / New York Times: |
How Walmart, seeking to compete with e-commerce rivals like Amazon, built a multibillion-dollar HQ in Bentonville, aiming to attract workers and woo shoppers — The retailing giant is spending billions to attract workers to a new headquarters and woo shoppers with drone delivery and a broader range of items … | Connie Loizos / TechCrunch: |
A profile of Katie Haun, a former federal prosecutor turned a16z partner who later founded Haun Ventures and believes the GENIUS Act will make stablecoins safer — In 2018, when Bitcoin was trading around $4,000 and most Americans, at least, thought cryptocurrency was a fad … | Esther Fung / Wall Street Journal: |
DHL, UPS, FedEx, and Walmart are using robots to boost warehouse efficiency and cut costs, including automating the physically demanding task of loading trucks — Technology breakthroughs are allowing DHL and other companies to automate the laborious, injury-prone work of loading and unloading
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