| 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.| 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 … | 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.| Kylie Robison / Wired: |
Anthropic revoked OpenAI's API access to Claude, citing ToS violations; sources: OpenAI's use of the API let it compare its models' behavior against Claude's — OpenAI lost access to the Claude API this week after Anthropic claimed the company was violating its terms of service.| The Information: |
Source: GPT-5 improvements won't be comparable to the leaps in performance of earlier models, such as between GPT-3 in 2020 and GPT-4 in 2023 — OpenAI made waves across the industry in December when it published the results from its tests of artificial intelligence that performs better … | 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.’| 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: |
| 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 … | Margaret Attridge / Courthouse News Service: |
A US jury finds Meta violated the California Invasion of Privacy Act when it intentionally recorded the health data of women via the period tracking app Flo — The jury got to decide how seriously Big Tech takes privacy, the attorney for a class of Flo users said in closing arguments.| 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.”| 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.| 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 … | 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.| Ben Weiss / Fortune: |
Subzero Labs, which is building Rialo, a blockchain designed for non-crypto developers to build “real-world” apps, raised a $20M seed led by Pantera Capital — Subzero Labs cofounders Ade Adepoju (left) and Lu Zhang. — COURTESY OF SUBZERO LABS| Daniel Kim / Cerebras: |
Cerebras announces the $50/month Code Pro and the $200/month Code Max plans, offering users access to Qwen3-Coder at speeds of up to 2,000 tokens per second — We are launching two new plans designed to make AI coding faster and more accessible: Cerebras Code Pro ($50/month) and Code Max ($200/month).| 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 … | 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| 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: 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 … | Todd Spangler / Variety: |
Trump Media reports Q2 net sales up 5.5% YoY to $883.3K and a net loss of $20M, and says it accumulated ~$2B in bitcoin and bitcoin-related securities in July — The company raised nearly $2.4 billion for its Bitcoin treasury strategy in the three-month period
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| Callan Quinn / Decrypt: |
| Megan Farokhmanesh / Wired: |
| Christy Santhosh / Reuters: |
| Amanda Silberling / TechCrunch: |
| Apple: |