| Hadriana Lowenkron / Bloomberg: |
Apple commits to spending another $100B on US manufacturing and announces a new manufacturing program designed to bring more of Apple's supply chain to the US — Apple Inc. committed to spending another $100 billion on domestic manufacturing ahead of an event with President Donald Trump … | 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| 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 … | 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 … | 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%+ after hours — Airbnb Inc. issued a better-than-expected outlook for the third quarter as it saw encouraging summer travel demand … | 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.| 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%+ after hours — DoorDash (DASH.O) forecast third-quarter gross merchandise value above Wall Street expectations after topping estimates on Wednesday … | Bloomberg: |
OpenAI offers ChatGPT for enterprise to US federal agencies at a nominal cost of $1 per year, to boost its adoption after the US GSA approved OpenAI as a vendor — OpenAI is providing access to its ChatGPT product to US federal agencies at a nominal cost of $1 a year as part of a push to get its AI chatbot more widely adopted.| Todd Spangler / Variety: |
Disney says it is “fully integrating” Hulu into Disney+, plans to launch a “unified” Disney+ and Hulu app in 2026 and migrate Hulu's live TV subscribers to Fubo — Hulu will replace the Star brand on Disney+ internationally this fall| Lillian Rizzo / CNBC: |
| 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| 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%+ after hours — Lyft (LYFT.O) missed second-quarter revenue estimates on Wednesday, pressured by mounting competition from Uber … | 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 — America's scandalous president is teaming up with its most disreputable AI company to make a search engine. — Donald Trump's media company is teaming … | 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 … | Financial Times: |
Uber reports Q2 revenue up 18% YoY to $12.7B, Gross Bookings up 17% to $46.8B, trips up 18% to 3.3B, income up 82% to $1.5B, and authorizes a $20B share buyback — Ride-hailing app announces plans after posting upbeat outlook for gross bookings — Uber has announced plans to buy back $20bn … | Deborah Mary Sophia / Reuters: |
Shopify reports Q2 revenue up 31% YoY to $2.68B, above $2.55B est., GMV up 31% YoY to $87.84B, and forecasts Q3 revenue above estimates; SHOP closes up 22% — Shopify on Wednesday forecast upbeat quarterly revenue, saying there was no slowdown in consumer demand yet and sellers on its platform … | Taylor Soper / GeekWire: |
Smartsheet says Mark Mader will retire as CEO and from the board of directors at the end of September, and names Apptio co-founder Sunny Gupta as acting CEO — After leading Smartsheet for nearly two decades, Mark Mader is leaving the Bellevue, Wash.-based enterprise software giant.| Aditya Soni / Reuters: |
Rillet, which is building AI ledger software to automate accounting tasks, raised a $70M Series B co-led by a16z and Iconiq, a source says at a ~$500M valuation — Rillet, a startup developing AI-powered accounting software, has raised $70 million in a fundraise co-led by venture capital … | Mia Sato / The Verge: |
Instagram now lets users repost public Reels and grid posts from other accounts, collected in a designated tab, and adds a Snapchat-like, opt-in maps feature — The platform is adding a TikTok-like reposting feature. … Instagram is getting several new features that pull from competitors … | Akash Sriram / Reuters: |
Duolingo reports Q2 revenue up 41% YoY to $252.3M, above $240.7M est., raises FY 2025 revenue forecast to $1.01B-$1.02B, above est.; DUOL jumps 14%+ after hours — Language-learning app Duolingo (DUOL.O) raised its annual revenue forecast and beat second-quarter revenue estimates on Wednesday … | Adam Levine / Barron's Online: |
AppLovin Q2: revenue up 77% YoY to $1.26B, vs. $1.22B est., adjusted EBITDA up 99% YoY to $1.02B, and forecasts Q3 revenue above est.; APP drops 5%+ after hours — Digital advertising company AppLovin reported Wednesday afternoon that it beat second-quarter earnings expectations.| Marina Temkin / TechCrunch: |
Tavily, which is helping AI agents connect to live web data, raised a $20M Series A led by Insight Partners and Alpha Wave, taking its total funding to $25M — Companies across many industries are implementing AI agents for internal use, automating a wide range of tasks.| Paul Smith / Australian Financial Review: |
Sydney-based Lorikeet, which provides AI agents as “customer concierges”, raised a AU$54M Series A led by QED Investors at a AU$200M valuation — Lorikeet, a two-year-old Sydney start-up that is making waves globally in the red-hot artificial intelligence agent market … | 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 … | Bloomberg: |
Amazon plans to make OpenAI's new gpt-oss open-weight models available on Bedrock and SageMaker, the first time it has offered OpenAI's models to AWS customers — Amazon.com Inc. plans to make OpenAI's latest artificial intelligence models available to customers, the first time the cloud computing giant … | Reece Rogers / Wired: |
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| George Hammond / Financial Times: |
| Matt Burgess / Wired: |
| The Guardian: |
| Emily Steel / New York Times: |
| David Reber Jr / NVIDIA: |
| Rebecca Szkutak / TechCrunch: |
| Todd Bishop / GeekWire: |