| Hadriana Lowenkron / Bloomberg: |
At a White House event, Apple commits to spending another $100B on US manufacturing and unveils a new program to bring more of its supply chain to the US — Apple Inc. committed to spending another $100 billion on domestic manufacturing ahead of an event with President Donald Trump … | Bloomberg: |
President Trump says he will impose a “tariff of approximately 100% on chips and semiconductors”, exempting firms like Apple that “committed to build” in the US — Donald Trump declared plans to slap a 100% tariff on semiconductor imports yet promised to exempt companies … | Apple: |
Apple commits $2.5B to produce all iPhone and Apple Watch cover glass at Corning's Kentucky facility, part of its plan to invest $600B in the US over four years — The new $2.5 billion commitment from Apple is part of the company's expanded plan to invest $600 billion in the U.S. over the next four years| Financial Times: |
| Tom Warren / The Verge: |
A now-deleted GitHub blog post reveals GPT-5, available as gpt-5, gpt-5-mini, gpt-5-nano, and gpt-5-chat with “major improvements” in reasoning, code, and more — GPT-5 will have ‘enhanced agentic capabilities’ and handle ‘complex coding tasks with minimal prompting.’| Mark Sullivan / Fast Company: |
Google unveils a Guided Learning mode within its Gemini chatbot to help students and commits $1B over three years to AI education and training efforts in the US — Just in time for the new school year, Google has introduced a tool called Guided Learning within its Gemini chatbot.| Jagmeet Singh / TechCrunch: |
Google launches its asynchronous coding agent Jules out of beta, with a free plan capped at 15 daily tasks and higher limits for Google AI Pro and Ultra users — Google on Wednesday launched its AI coding agent, Jules, out of beta, just over two months after its public preview debut in May.| Natalie Lung / Bloomberg: |
Airbnb reports Q2 revenue up 13% YoY to $3.1B, vs. $3.03B est., Q3 outlook above est., warns growth rates may not keep up this year; ABNB drops 6%+ — Airbnb Inc. issued a better-than-expected outlook for the third quarter as it saw encouraging summer travel demand, but warned that growth rates … | Juveria Tabassum / Reuters: |
DoorDash reports Q2 revenue up 25% YoY to $3.28B vs. $3.16B est., total orders up 20%, and forecasts Q3 gross order value above est.; DASH jumps 8%+ — DoorDash (DASH.O) forecast third-quarter gross merchandise value above Wall Street expectations after topping estimates on Wednesday … | Liz Reid / The Keyword: |
| Bloomberg: |
A US jury finds Tornado Cash co-founder Roman Storm guilty of conspiring to run an unlicensed money-transfer operation that laundered $1B+ via Tornado Cash — A co-founder of Tornado Cash was convicted of conspiring to run an unlicensed money-transfer operation that laundered … | Humeyra Pamuk / Reuters: |
State Department cable: Marco Rubio orders diplomats in Europe to lobby against the DSA, arguing it imposes free speech restrictions and high compliance costs — President Donald Trump's administration has instructed U.S. diplomats in Europe to launch a lobbying campaign to build an opposition … | Matthew Gault / 404 Media: |
Trump Media says it is beta testing Truth Search AI, a new search feature powered by Perplexity, on the web version of Truth Social — Donald Trump's media company is teaming up with Perplexity to bring AI search to Truth Social, the President's X.com alternative.| Will Knight / Wired: |
Sources: NIST withheld publishing an AI safety report and several other AI documents at the end of Biden's term to avoid clashing with the Trump administration — The National Institute of Standards and Technology conducted a groundbreaking study on frontier models just before Donald Trump's second term … | Laura Benitez / Bloomberg: |
Apollo Global agrees to acquire a majority stake in Stream Data Centers, which builds, leases, and operates data center campuses, in its first such acquisition — Takeaways by Bloomberg AI — Hide … Tell us how AI is shaping your news experience. Share your feedback| Matt Burgess / Wired: |
Researchers show how a weakness in OpenAI's Connectors let sensitive data be extracted from a Google Drive account using an indirect prompt injection attack — Security researchers found a weakness in OpenAI's Connectors, which let you hook up ChatGPT to other services … | Politico: |
Sources: the US federal judiciary's electronic case filing system was hit in a sweeping hack, potentially compromising the identities of confidential informants — It is not immediately clear who is behind the hack, though nation-state-affiliated actors are widely suspected, the people said.| Akash Sriram / Reuters: |
Lyft reports Q2 revenue up 11% YoY to $1.59B vs. $1.61B est., gross bookings up 12% to $4.5B, rides up 14% to 234.8M vs. 235.9M est.; LYFT drops 4%+ — Lyft (LYFT.O) missed second-quarter revenue estimates on Wednesday, pressured by mounting competition from Uber and softening U.S. travel demand … | Michael Acton / Financial Times: |
Sources: Apple lost around a dozen of its AI staff, including top researchers, to rivals in recent months; its core foundation models team has ~50 to 60 people — The iPhone maker has lost around a dozen of its AI staff to rivals since the start of the year| Kosaku Narioka / Wall Street Journal: |
Sony reports Q1 revenue up 2.2% YoY to $17.8B, net profit up 23% YoY to ~$1.8B, PS5 sales at 2.5M, up from 2.4M in Q1 2024, and expects a lower FY tariff impact — The company expects uncertainty over the economy to increase due to U.S. tariffs — Sony Group reported higher quarterly net profit … | Jamie Tarabay / Bloomberg: |
DJI, which is facing an end of 2025 deadline to keep its US business alive, says its lobbying efforts are struggling; DJI controls 70%+ of the US drone market — Chinese-owned and operated DJI Technologies is up against an end-of-year deadline to keep its US business alive … | Wall Street Journal: |
Index Ventures is set to receive $11B+ in proceeds after Figma's IPO, Google's Wiz acquisition, and Meta's investment in Scale AI, which paid out shareholders — Index Ventures was among the first investors in startup hits Figma, Scale AI and Wiz — Index Ventures, a venture firm … | David Shepardson / Reuters: |
The NHTSA certifies Amazon's Zoox self-driving vehicles for demonstration use and closes a probe from 2022 into whether they complied with federal requirements — The National Highway Traffic Safety Administration said Wednesday it has certified Amazon.com's (AMZN.O) self-driving unit Zoox vehicles … | John Collison / Cheeky Pint: |
Q&A with Anthropic CEO Dario Amodei on Anthropic's growth to ~$5B in ARR, focusing on B2B, AI talent wars, open-source models, safety regulations, and more — Dario Amodei joins John Collison to talk about Anthropic's growth to almost $5 billion in ARR, how AI models show capitalistic impulses …
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| Max A. Cherney / Reuters: |
| Adam Levine / Barron's Online: |
| Mia Sato / The Verge: |
| Bloomberg: |
| Todd Spangler / Variety: |