| Reece Rogers / Wired: |
OpenAI debuts a ChatGPT study mode, designed to guide students through learning material at their level, available to logged-in Free, Plus, Pro, and Team users — OpenAI's new study mode for ChatGPT throws questions back at students, but the learning feature doesn't address generative AI's underlying disruption of education.| Sarah Perez / TechCrunch: |
YouTube is rolling out age estimation tech in the US to identify teen users and serve more age-appropriate content, regardless of the birthday given at signup — YouTube on Tuesday announced it's beginning to roll out age-estimation technology in the U.S. to identify teen users in order to provide a more age-appropriate experience.| Renju Jose / Reuters: |
| Katherine Sayre / Wall Street Journal: |
Spotify reports Q2 revenue up 10% YoY to €4.2B, MAUs up 11% to 696M, subscribers up 12% to 276M, and an €86M net loss; SPOT closes down 11.6% after missed est. — The audio streaming service added more listeners than it had forecast, but reported a net loss for the second quarter| The Information: |
Docs: Groq revised its 2025 revenue projections to $500M+ within the past month, citing delays in data center capacity, after projecting $2B+ earlier this year — Groq, a richly funded chip startup trying to take on Nvidia, told investors early this year it was on track to have more than $2 billion in revenue for 2025.| Lizette Chapman / Bloomberg: |
Sources: Groq is set to raise ~$600M in a funding round led by Disruptive, which committed more than $300M to the deal that would give Groq a ~$6B valuation — Artificial intelligence chip startup Groq Inc. is set to raise about $600 million in a new funding round that gives the company … | Lauren Thomas / Wall Street Journal: |
Sources: Palo Alto Networks is in talks to acquire Israeli cybersecurity company CyberArk Software as soon as this week; a premium would put the deal above $20B — Deal for Israeli firm would be latest in big tech's cybersecurity consolidation — Palo Alto Networks is in talks to acquire … | Kylie Robison / Wired: |
Source: Meta approached over a dozen people at Thinking Machines Lab and one offer was for $1B+ over a multiyear span; not a single person has left for Meta — More than a dozen people at Mira Murati's 50-person startup, Thinking Machines Lab, have been approached or received offers from the tech giant.| Mark Gurman / Bloomberg: |
| Jonathan Vanian / CNBC: |
| Financial Times: |
Sources: Anthropic is nearing a deal to raise $5B in a funding round led by Iconiq at a $170B valuation, after being valued at $61.5B in a $3.5B round in March — Deal would almost triple valuation of OpenAI's rival to $170bn — Iconiq Capital is set to lead a $5bn funding round … | Alex Kantrowitz / Big Technology: |
| Abner Li / 9to5Google: |
Google rolls out new AI Mode features: Search Live with video input, Canvas for planning, image and PDF uploading, and AI Mode in Google Lens in desktop Chrome — After adding Gemini 2.5 Pro, Google is updating AI Mode with four big features across Search Live (video with Google Lens access), Canvas, and more.| The Information: |
Sources: Cohere has told investors it expects to generate $200M+ in annualized revenue by the end of 2025, up from $70M in annualized revenue as of February — Cohere, a Canadian artificial intelligence developer that competes with Anthropic and OpenAI, has sustained one of the richest valuations … | Chance Miller / 9to5Mac: |
Apple responds to the DOJ's antitrust lawsuit from March 2024, saying it sets “a dangerous precedent” and “threatens the very principles that set iPhone apart” — The US Department of Justice formally sued Apple in March 2024, accusing the company of having a “smartphone monopoly.”| Dave Michaels / Wall Street Journal: |
| André Beganski / Decrypt: |
The US SEC approves in-kind creations and redemptions for crypto ETFs, allowing institutional investors to exchange ETF shares for the underlying BTC or ETH — The SEC has approved in-kind redemptions for crypto ETFs, enabling a feature sought by Bitcoin and Ethereum fund issuers.| AnnaMaria Andriotis / Wall Street Journal: |
Sources: JPMorgan Chase is in advanced talks to take over Apple's credit-card program from Goldman Sachs, with Apple telling JPMorgan it is its preferred choice — Discussions between the country's biggest bank and Apple accelerated in recent months — JPMorgan Chase is in advanced talks … | Ernesto Londoño / New York Times: |
Gov. Tim Walz activates the Minnesota National Guard to help St. Paul address a cyberattack detected Friday that led the city to shut down many of its systems — Gov. Tim Walz of Minnesota activated the National Guard to help the city of St. Paul address a cyberattack that was detected last Friday.| Ben Lovejoy / 9to5Mac: |
Tea, which claims to make dating safer for women, is the #2 app in the US App Store, despite multiple security flaws exposing private chats, photo IDs, and more — Two major security vulnerabilities in the Tea app - which claims to make dating safer for women - have exposed the private chats … | MacKenzie Sigalos / CNBC: |
PayPal reports Q2 net revenue up 5% YoY to $8.29B, vs. $8.08B est., but sees slowing transaction margin dollars growth, up 7% to $3.84B; PYPL closes down 8.66% — PayPal reported better-than-expected results for the second quarter but saw slowing growth in transaction margin dollars, a key measure of profitability.| Rocket Drew / The Information: |
Runway and Luma AI say they are talking to robotics and self-driving car companies about their video models and expect these revenue sources to eclipse studios — Imax on Monday announced that it would screen the winning films from Runway's AI-generated film festival at some of its theaters.| Bloomberg: |
A profile of Luke Farritor, a 23-year-old Thiel Fellow who gained recognition for using AI to help decipher the Herculaneum papyri and later joined DOGE — Luke Farritor could have been an artist, or a builder, or someone dedicated to seeing a great historical mystery through.| Bloomberg: |
Sources: Microsoft is in advanced talks to land a deal that could give it ongoing access to critical OpenAI tech even if OpenAI reaches its goal of building AGI — Microsoft Corp. is in advanced talks to land a deal that could give it ongoing access to critical OpenAI technology … | Stephen Council / SFGATE: |
Wag, the pet care tech company reportedly valued at ~$650M after a $300M investment from SoftBank Vision Fund in January 2018, filed for bankruptcy on July 21 — The pet care company Wag, as of Monday, was valued at less than $6 million — During the 2010s' boom in on-demand services … | Associated Press: |
A survey of US adults: only 37% report using AI for work tasks and 60% say they use AI to find info at least some of the time, rising to 74% for those under 30 — Most U.S. adults say they use artificial intelligence to search for information, but fewer are using it for work, drafting email or shopping.| Jess Weatherbed / The Verge: |
Adobe rolls out beta Photoshop generative AI features that let users more easily add or remove people and objects in photos, including “Harmonize” compositing — Generative AI is rapidly eroding the photo editing skill barrier. … Adobe is launching some new generative AI features …
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| RT Watson / The Block: |
| Anthony Hughes / Bloomberg: |
| MacKenzie Sigalos / CNBC: |
| Brunella Tipismana Urbano / Bloomberg: |
| Jason Koebler / 404 Media: |
| Kif Leswing / CNBC: |
| Natalie Lung / Bloomberg: |
| Blake Brittain / Reuters: |