| Maxwell Zeff / TechCrunch: |
Google rolls out Gemini 2.5 Deep Think, its most advanced reasoning model, which considers multiple ideas simultaneously, to its $250/month Ultra subscription — Google DeepMind is rolling out Gemini 2.5 Deep Think, which, the company says, is its most advanced AI reasoning model … | New York Times: |
Source: OpenAI raised $8.3B led by Dragoneer at a $300B valuation, months ahead of schedule and part of a $40B goal for 2025; 5M business users pay for ChatGPT — The venture capital round values the ChatGPT maker at $300 billion, and underscores the fierceness of the A.I. money race.| Washington Post: |
A US jury finds Tesla partially liable for Autopilot's role in a fatal 2019 crash in Florida, and orders the company to pay $243M in damages — The outcome is a stunning rebuke for Tesla, which for years has fought to absolve itself of responsibility when its technology is involved in a crash.| Bloomberg: |
Meta, Alphabet, Microsoft, and Amazon have collectively spent ~$90B on capex in their most recent quarters and are expected to spend over $344B for the year — If there's any lesson to take from the spending plans issued by the world's largest technology companies over the past two weeks … | Ryan Browne / CNBC: |
Nintendo Q1: revenue up 132% YoY to ~$3.8B, operating profit up 4.4% to ~$378M; it sold 5.82M Switch 2 units in the first month, more than double the original — Nintendo more than doubled revenue in its fiscal first quarter, as the company logged bumper sales of its Switch 2 console in the first month of release.| Emma Roth / The Verge: |
| Jay Peters / The Verge: |
Reddit wants to become “a go-to search engine” for users; its core search has 70M+ weekly active unique users and its AI tool Reddit Answers has 6M weekly users — CEO Steve Huffman says the company is focused on making the platform a ‘go-to search engine.’| Amanda Silberling / TechCrunch: |
OpenAI removes a ChatGPT feature that let users make their conversations discoverable by Google and other search engines, calling it a “short-lived experiment” — Update 7/31/25 4:10pm PT: Hours after this article was published, OpenAI said it removed the feature from ChatGPT … | Elizabeth Dwoskin / Washington Post: |
The US Army awards Palantir a contract worth up to $10B over the next decade, creating a “comprehensive framework for the Army's future software and data needs” — The award covering the next decade is one of the largest DoD contracts ever, cementing the tech firm's role in warfighting for years to come.| Mark Gurman / Bloomberg: |
Sources: in a rare companywide meeting, Tim Cook said the AI revolution is “ours to grab”, Apple's AI efforts will mirror its iPhone successes, and more — Apple Inc. Chief Executive Officer Tim Cook, holding a rare all-hands meeting following earnings results … | BBC: |
In the UK, X and Reddit are blocking wide-ranging content, including about parliamentary debates, Ukraine, and Gaza, to comply with the Online Safety Act — Social media companies are blocking wide-ranging content - including posts about the wars in Ukraine and Gaza - in an attempt to comply … | Tom Warren / The Verge: |
Microsoft plans to end support for Windows 11 SE in 2026, five years after launching the OS for low-cost laptops designed to compete with Google Chromebooks — Microsoft isn't chasing after Chromebooks anymore, as demand tails off. … Microsoft is ending support for Windows 11 SE next year … | Aisha Malik / TechCrunch: |
TikTok launches a new version of its app called TikTok Pro in Germany, Portugal, and Spain, allowing users to earn “virtual sunshine” by supporting charities — TikTok is launching a new version of its app called “TikTok Pro” in Germany, Portugal, and Spain.| James Hunt / The Block: |
The UK's Financial Conduct Authority plans to allow retail investors to access crypto exchange-traded notes, dubbed cETNs, on FCA-approved, UK-based exchanges — - The UK financial regulator is set to open up access to crypto exchange-traded notes for retail investors on FCA-approved, UK-based exchanges.| Reuters: |
Sources: thousands of US export license applications, including for Nvidia's shipments of AI chips to China, are stalled due to US Commerce Department turmoil — Thousands of license applications by U.S. companies to export goods and technology around the globe, including to China … | Aisha Malik / TechCrunch: |
Instagram now requires users to have a public account with 1,000+ followers to go live, aligning with TikTok; previously, the feature was open to all users — Instagram users now need a public account with a minimum of 1,000 followers to go live on the platform, the social network confirmed to TechCrunch.| Abner Li / 9to5Google: |
Google says it will preserve “actively used” goo.gl URLs, after announcing earlier that all existing goo.gl links would stop working in August 2025 — After originally planning to have all goo.gl URLs stop working later this month, Google will now “preserve actively used links.”| Reuters: |
Sources: CapitalG and Nvidia are in talks to invest in Vast Data, which could value the AI infrastructure provider at up to $30B, up from $9.1B in December 2023 — Alphabet's (GOOGL.O) growth-stage venture arm CapitalG and Nvidia (NVDA.O) are in talks to invest in artificial intelligence … | Kif Leswing / CNBC: |
Tim Cook says Apple is “significantly growing” its AI investment, reallocating staff to work on AI features, and “very open to M&A that accelerates our roadmap” — Apple's AI strategy and investment was on the mind of analysts on an earnings call … | Apple: |
| William Gallagher / AppleInsider: |
| Sri Muppidi / The Information: |
Source: Anthropic is nearing $5B in annualized revenue, up from $4B reported on July 1, as it nears a deal to raise up to $5B led by Iconiq at a $170B valuation — This year's torrid deal-making pace is definitely not taking a pause for summer. On Wednesday, I reported that OpenAI … | Financial Times: |
Sources: Mistral is in discussions, including with Abu Dhabi's MGX, to raise $1B at a valuation of about $10B, up from its previous valuation of €5.8B — French AI start-up seeks additional firepower to compete with deep-pocketed US and Chinese rivals| Bloomberg: |
China accuses the US of exploiting an old Microsoft Exchange flaw to control a key Chinese defense company's servers for nearly a year and steal military data — China accused the US of exploiting a flaw in Microsoft Corp.'s email servers to steal military data and launch cyberattacks on its defense sector.
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| Callan Quinn / Decrypt: |
| Megan Farokhmanesh / Wired: |
| Christy Santhosh / Reuters: |