| Kif Leswing / CNBC: |
SoftBank agrees to invest $2B in Intel, paying $23 per share for Intel's common stock and buying ~2% of its outstanding shares; INTC rises ~4% pre-market — Intel and SoftBank announced on Monday that the Japanese conglomerate will make a $2 billion investment in the embattled chipmaker.| Bloomberg: |
Sources: the Trump administration is in discussions to take a stake of ~10% in Intel, converting some or all of Intel's $10.9B CHIPS Act grants into equity — The Trump administration is in discussions to take a stake of about 10% in Intel Corp., a move that could see the US become the beleaguered chipmaker's largest shareholder.| Kanishka Singh / Reuters: |
US Director of National Intelligence Tulsi Gabbard says the UK has dropped its mandate requiring Apple to provide a backdoor for accessing users' encrypted data — U.S. Director of National Intelligence Tulsi Gabbard said on Monday the UK had agreed to drop its mandate for iPhone maker Apple … | Carl Franzen / VentureBeat: |
Nvidia debuts Nemotron-Nano-9B-v2, a hybrid Mamba-Transformer model, saying it achieves comparable or better accuracies than Qwen3-8B on reasoning benchmarks — Small models are having a moment. On the heels of the release of a new AI vision model small enough to fit on a smartwatch … | Devindra Hardawar / Engadget: |
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| Sheryl Estrada / Fortune: |
An MIT report says 95% of GenAI pilots at companies have little to no financial impact, mainly due to a “learning gap” for both the tools and the companies — Good morning. Companies are betting on AI—yet nearly all enterprise pilots are stuck at the starting line.| Kashish Tandon / Reuters: |
OpenAI launches ChatGPT Go, a new India-only plan priced at Rs. 399 per month, or ~$4.57, its most affordable yet, to expand in its second-largest market — ChatGPT maker OpenAI on Tuesday launched ChatGPT Go, a new India-only subscription plan priced at 399 rupees ($4.57) per month … | Jon Brodkin / Ars Technica: |
A US federal appeals court rejects T-Mobile's bid to overturn a $92M fine for illegally sharing customer location data without consent, per a 2024 FCC ruling — A federal appeals court rejected T-Mobile's attempt to overturn $92 million in fines for selling customer location information to third-party firms.| Reuters: |
Sources: Nvidia is developing a new Blackwell-based AI chip for China, tentatively known as the B30A, that will be more powerful than the H20 available in China — Nvidia (NVDA.O) is developing a new AI chip for China based on its latest Blackwell architecture that will be more powerful … | Rebecca Bellan / TechCrunch: |
Texas AG Ken Paxton probes Meta and Character.AI over claims they deceptively market chatbots as mental health tools, misleading kids and other vulnerable users — Texas attorney general Ken Paxton has launched an investigation into both Meta AI Studio and Character.AI for … | Bloomberg: |
Sources: Apple is making all four iPhone 17 models in India ahead of debut, a first, as it expands to five factories to cut reliance on China for US-bound units — Apple Inc. is expanding iPhone production in India at five factories, including a pair of recently opened plants … | Kate Park / TechCrunch: |
Eight Sleep, which makes the AI-based Pod smart mattress cover to monitor sleep stages and more, raised $100M from HSG and more, after an $86M Series C in 2021 — Roughly one in three adults in the U.S. regularly gets insufficient sleep, driving demand for tools that can monitor, analyze, and enhance rest.| Arasu Kannagi Basil / Reuters: |
Blockchain-based lender Figure files for a US IPO, reporting H1 2025 revenue up 22.4% YoY to $191M and a profit of $29M, compared with a $13M loss in H1 2024 — Figure Technology Solutions' revenue surged 22% in the first half of 2025, the blockchain lender disclosed on Monday … | Kia Kokalitcheva / PitchBook: |
American Exceptionalism Acquisition, a SPAC led by Chamath Palihapitiya and focused on energy, AI, DeFi, and defense, files for a US IPO, seeking to raise $250M — Silicon Valley investor Chamath Palihapitiya has filed documents with the SEC for a new special purpose acquisition company … | Tim Bradshaw / Financial Times: |
Tim Sweeney says the UK's mobile app store regulation lags “well behind” other countries, and calls the CMA's iPhone sideloading decision delay a “blunder” — Competition and Markets Authority delayed decision over fees Apple and Google charge developers| Linda Lew / Bloomberg: |
Xiaomi reports Q2 revenue up 31% YoY to $16.2B, above ~$16B est., and net income up 75.4% to ~$1.6B driven by EV sales, as its smartphone business slows down — Xiaomi Corp. intends to sell its first electric vehicle in Europe by 2027, declaring plans to take on Tesla Inc. and BYD Co. globally … | Samantha Subin / CNBC: |
Palo Alto Networks reports Q4 revenue up 16% YoY to $2.54B, vs. $2.5B est., and Q1 and FY 2026 guidance above estimates; PANW jumps 4%+ pre-market — Palo Alto Networks reported better-than-expected quarterly results and issued upbeat guidance for the current period.
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| Katelyn Chedraoui / CNET: |
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| Samantha Subin / CNBC: |
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