| Mike Scarcella / Reuters: |
xAI sues Apple and OpenAI, alleging their deal to integrate ChatGPT into Apple devices stifles competition and Apple unfairly favors OpenAI in App Store ranking — Billionaire entrepreneur Elon Musk's artificial intelligence startup xAI sued Apple (AAPL.O) and ChatGPT maker OpenAI … | Chris Eudaily / CNBC: |
Filing: Intel warns the US taking a 10% stake could trigger “adverse reactions”, including in international sales, which made up 76% of revenue last fiscal year — Intel on Monday warned of “adverse reactions” from investors, employees and others to the Trump administration taking … | Kif Leswing / CNBC: |
Nvidia says the Jetson AGX Thor, its latest “robot brain” chip module, is now on sale for $3,499 as a developer kit; the module will ship next month — Nvidia announced Monday that its latest robotics chip module, the Jetson AGX Thor, is now on sale for $3,499 as a developer kit.| Wall Street Journal: |
a16z, OpenAI's Greg Brockman, and others launch Leading the Future, a pro-AI super PAC network with $100M+ in funding, hoping to emulate crypto PAC Fairshake — Venture-capital firm Andreessen Horowitz and OpenAI President Greg Brockman are among those helping launch and fund Leading the Future| Mishaal Rahman / Android Authority: |
Google plans to begin verifying the identity of all developers who distribute apps on Android, even if it's outside the Play Store, starting September 2026 — Google wants to verify the identity of all developers who distribute apps on Android, even if it's outside the Play Store| Bloomberg: |
Perplexity launches Comet Plus, a $5/month service similar to Apple News+, and says it has allocated $42.5M for publishers, which will receive 80% of revenue — The company has clashed with media outlets over use of their work. — Add us on Google — Perplexity AI Inc. is offering publishers … | Humeyra Pamuk / Reuters: |
Sources: the Trump administration is considering imposing sanctions on EU or member state officials responsible for implementing the EU's DSA — President Donald Trump's administration is considering imposing sanctions on European Union or member state officials responsible for implementing … | David Shepardson / Reuters: |
The US Commerce Department voids a Biden administration deal with the nonprofit Natcast to oversee $7.4B in semiconductor research funds, calling it illegal — The U.S. Commerce Department said on Monday it was voiding an agreement finalized under President Joe Biden with an outside center … | Ryan Gould / Bloomberg: |
Thoma Bravo buys Verint for $1.23B in a deal valuing the customer service automation software provider at $2B, days after the PE firm bought Dayforce for $12.3B — Thoma Bravo has agreed to buy Verint Systems Inc. for $1.23 billion in cash, just days after announcing a $12.3 billion takeover of Dayforce Inc.| Reuters: |
PDD Holdings, which owns Pinduoduo and Temu, reports Q2 revenue up 7% YoY to ~$14.53B, above est., and net income down 5% YoY to ~$4.5B, driven by discounts — E-commerce firm PDD Holdings (PDD.O), which operates low-cost platforms Pinduoduo in China and Temu internationally … | Bloomberg: |
So far in 2025, at least 10 biotech companies have pivoted into crypto to boost stock prices, frequently sparking frenzied but short-lived spikes in shares — They're supposed to be on the cutting edge of medicine. Yet some tiny biotech companies, largely left behind in the stock market's breakneck rally … | Thomas Germain / BBC: |
YouTube used AI to make changes in some videos without telling the creators; YouTube says it's an experiment to unblur, denoise, and improve quality — YouTube made AI enhancements to videos without telling users or asking permission. As AI quietly mediates our world, what happens to our shared connection with real life?| Reuters: |
Sources: Doug Beck, director of Pentagon's Defense Innovation Unit, resigns; DOD officials had previously raised concerns about his donations to Democrats — The head of a Pentagon unit responsible for accelerating the military's adoption of new technology resigned on Monday … | Lora Kolodny / CNBC: |
Docs: xAI terminated its status as a public benefit corporation as of May 9, 2024; XAI Holdings, which houses xAI and X, also doesn't have a PBC designation — When Elon Musk created his artificial intelligence startup xAI in 2023, he incorporated it as a Nevada public benefit corporation …
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