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August 7, 2025, 7:40 AM
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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 …
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Forums: r/business, r/apple, r/technology, r/intelstock, r/politics, and MacRumors Forums
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:
Sources: Samsung plans to make iPhone 18 image sensors in Austin, Texas; an expert says Apple picked Samsung as a supplier because Sony doesn't have US plants
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.’
Alexey Shabanov / TestingCatalog:
Internal OpenAI code suggests a tiered GPT-5 rollout: free users get basic GPT-5, Plus users get advanced reasoning, and Pro gets research-level performance
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 …
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.
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 …
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 …
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
Liz Reid / The Keyword:
Google says total organic click volume from Search to websites is “relatively stable year-over-year” and it is sending “slightly more quality clicks” than 2024  —  We continue to send billions of clicks to the web every day and are committed to prioritizing the web in our AI experiences in Search.
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 …
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.

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From Mediagazer

New York Times:
WBD says the Ellisons have “consistently misled” shareholders, including claiming Paramount's proposal had a “full backstop” but it “does not, and never has”

Ivan Mehta / TechCrunch:
Meta is testing limiting Facebook professional accounts and Pages to posting just two links per month, unless they subscribe to $14.99+/month Meta Verified

Associated Press:
A US federal judge denied Sarah Palin's bid for a new libel trial against the NYT and rejected her motion for his recusal, after a jury found no libel in April

More News

Max A. Cherney / Reuters:
Senator Tom Cotton sends a letter to Intel's board chair with questions about CEO Lip-Bu Tan's China ties and subpoenas during his tenure as Cadence Design CEO

Earlier Picks

George Hammond / Financial Times:
AI drug discovery startup Chai Discovery raised a $70M Series A led by Menlo Ventures via its co-investment vehicle with Anthropic, valuing it at ~$550M
Bloomberg:
OpenAI is offering ChatGPT Enterprise to US federal agencies at a nominal cost of $1 per year, to boost its adoption after the GSA approved OpenAI as a vendor
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