| Sri Muppidi / The Information: |
OpenAI told investors that it projects its cash burn this year through 2029 will rise to a total of $115B, about $80B higher than it previously expected — OpenAI recently had both good news and bad news for shareholders. Revenue growth from ChatGPT is accelerating at a more rapid rate than the company projected half a year ago.| Sam Reynolds / CoinDesk: |
Data shows WLFI's sharp drop was driven by shorting and dumping across exchanges, not Justin Sun's token movements; WLFI blames phishing-related compromises — Onchain data shows WLFI's sharp drop was driven by shorting and dumping across exchanges - not Justin Sun's token movements … | Bloomberg: |
| Thomas Brewster / Forbes: |
Public records show C3 AI's Project Sherlock, its flagship contract to speed up policing in San Mateo County, has struggled with usability and other issues — San Mateo County pumped $12 million into a grand AI surveillance system made by billionaire Tom Siebel's C3 AI that was supposed to level up its police work.| Hyunsoo Rim / Sherwood News: |
C3 AI, whose NYSE ticker symbol is AI, has fallen 32%+ in the past month on growth concerns, after its Q1 revenue fell 19% YoY to $70.3M, below $100M+ est. — When your ticker is “AI,” people expect you to be riding the wave better than anyone else — that hasn't happened for C3.ai. — 16H| Dominic Preston / The Verge: |
OnePlus ends its five-year partnership with camera company Hasselblad and plans to develop its own imaging engine called DetailMax Engine for upcoming phones — But Oppo and Hasselblad seemingly aren't. … From now on, OnePlus will develop its own imaging engine instead.| Sankalp Phartiyal / Bloomberg: |
A look at the ramp up of Apple's retail footprint in India, as a source says Apple's revenue grew 13% YoY to $9B during India's fiscal year that ended in March — Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.| Tim Higgins / Wall Street Journal: |
A book excerpt details Spotify's decade-long push against Apple's App Store commissions and steering rules, including pushing the EU to pass new antitrust laws — The music service's rebellion against an App Store ‘tax’ over the past decade has significantly weakened Apple's grip on the mobile world| Belle Lin / Wall Street Journal: |
An analysis of US DOL data: the IT sector's unemployment rate fell from 5.5% in July to 4.5% in August, while active tech job postings declined 2.6% from July — Beyond the red-hot area of AI hiring, the job market for much of information-technology is still getting smaller, recent analysis shows| Mike Scarcella / Reuters: |
Two authors file a proposed class action lawsuit against Apple, alleging Apple knowingly used a dataset of pirated books to train its AI models — Technology giant Apple (AAPL.O) was accused by authors in a lawsuit on Friday of illegally using their copyrighted books to help train … | Bloomberg: |
| Christian Catalini / Forbes: |
Christian Catalini, co-creator of Meta's Libra stablecoin project, reflects on Libra's failure, what Stripe's Tempo blockchain can learn from it, and more — Stripe just pulled back the curtain on Tempo, its corporate blockchain, and the pitch is a classic.| Nikkei Asia: |
Thailand, aiming to become the second-largest PCB production hub, is witnessing a tech manufacturing boom as the PCB supply chain shifts from China and Taiwan — BANGKOK — Some 60 kilometers north of Bangkok in the old capital of Ayutthaya, China's Victory Giant Technology is in the hectic final stages … | Zaheer Kachwala / Reuters: |
Nvidia opposes the GAIN AI Act, saying the proposed US law forcing AI chipmakers to sell to US buyers first is “just another variation of the AI Diffusion Rule” — Nvidia (NVDA.O) said on Friday the AI GAIN Act would restrict global competition for advanced chips … | Financial Times: |
Source: Balderton Capital, one of Revolut's earliest VC backers, has sold ~$1B in shares through multiple transactions that valued the fintech company at $45B — Venture capital firm has sold hundreds of millions of dollars in UK fintech that has enjoyed explosive growth| Supantha Mukherjee / Reuters: |
TikTok says it now has more than 200M MAUs in Europe, up from 175M in 2024, the latest sign of its rapid growth among teenagers — TikTok has more than 200 million monthly users in Europe, or roughly one in three citizens on the continent, the short video app platform said on Friday … | Carl Franzen / VentureBeat: |
Alibaba debuts Qwen3-Max-Preview, its largest AI model with over 1T parameters, showcasing strong benchmark performance; the model is not open source — Chinese e-commerce giant Alibaba's “Qwen Team” of AI researchers has done it again. After a busy summer in which the AI lab released … | Kevin Breuninger / CNBC: |
After EU's fine ruling, Trump says he may “be forced” to start a trade investigation to nullify the unfair fines, totaling $16.5B for Google and $17B for Apple — - CNBC Councils — Supply Chain Values — CNBC on Peacock — Join the CNBC Panel — Ad Choices| Wall Street Journal: |
Try Gemini 3 Pro — Google's newest and most intelligent AI model that helps you bring any idea to life
Transform ML Experimentation with Tangle — Save months of compute time with Tangle, built by Shopify. Try this open-source platform to simplify ML workflows, ensure reproducibility, and seamlessly share with collaborators.
Introducing Zoho Spend: A unified platform for the next gen finance teams. — Effective business spend management is a direct lever for profitability. When organizations gain visibility into where money flows …
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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| Andrew J. Hawkins / The Verge: |
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| Kalley Huang / The Information: |