| Bloomberg: |
Nvidia and OpenAI's recent wave of circular deals and partnerships is escalating concerns that they are artificially propping up the $1T+ AI market — A wave of deals and partnerships are escalating concerns that the trillion-dollar AI boom is being propped up by interconnected business transactions.| Bloomberg: |
Sources: xAI nears a deal to raise $20B in equity and debt, tied to the Nvidia GPUs that xAI plans to use in Colossus 2; Nvidia is investing as much as $2B — Elon Musk's artificial intelligence startup xAI is raising more financing than initially planned, tapping backers including Nvidia Corp … | Caleb Mutua / Bloomberg: |
| Tom Warren / The Verge: |
Microsoft delays Xbox Game Pass Ultimate price hikes for existing subscribers in Germany, Ireland, South Korea, India, and others, after announcing a 50% hike — Current subscribers in some European countries won't be affected by Microsoft's Game Pass price hikes just yet.| The Keyword: |
Google releases the Gemini 2.5 Computer Use model, built on Gemini 2.5 Pro's capabilities to power agents that can interact with UIs, in preview via the API — Available in preview via the API, our Computer Use model is a specialized model built on Gemini 2.5 Pro's capabilities to power agents that can interact with user interfaces.| Bloomberg: |
Russian-speaking ransomware gang Qilin says it was responsible for an attack on Japan's Asahi and stole ~27GB of data, including financial docs and contracts — A cohort of Russian-speaking hackers known as Qilin has claimed responsibility for a ransomware attack that hobbled Asahi Group … | Bloomberg: |
Sources: $TRUMP issuer Fight Fight Fight LLC is working to raise at least $200M to create a digital asset treasury company to accumulate the struggling token — The startup that issued Donald Trump's memecoin several days before his second presidential inauguration is working to raise … | Anthropic: |
Anthropic plans to open its first Indian office in Bengaluru in early 2026; Dario Amodei is visiting India to meet government officials and potential partners — Today we're announcing that we're expanding our global operations to India, with plans to open an office in Bengaluru in early 2026.| Washington Post: |
An analysis of 1,100 TikTok users' watch histories across six months in 2024 shows how effective TikTok is at getting even its heaviest users to watch more — More than 800 U.S. TikTok users shared their data with The Washington Post. We used it to find out why some people become power users, spending hours per day scrolling.| Bloomberg: |
Michel Devoret, a Google Quantum AI chief scientist, John Martinis, who left Google in 2020, and John Clarke win the Nobel in Physics for quantum computing work — Two physicists integral to efforts by Alphabet Inc.'s Google to build working quantum computers have been awarded the Nobel Prize … | Barbara Moens / Financial Times: |
Sources: Meta and Apple are close to settling two EU antitrust cases and agreeing a deal to change their business practices after a total €700M in DMA fines — US Big Tech groups in final stages of agreeing deal with Brussels to avoid series of escalating fines| Kurt Schlosser / GeekWire: |
Amazon announces Amazon Pharmacy kiosks to quickly dispense medications to patients after an appointment, initially rolling out in its One Medical offices in LA — Amazon is erasing the distance between the doctor's office and the pharmacy with the introduction of new Amazon Pharmacy kiosks … | Edith Hancock / Wall Street Journal: |
The European Commission outlines its Apply AI Strategy and AI in Science Strategy, aiming to speed up AI adoption in key industries and AI-driven research — There is concern the EU is too dependent on foreign tech companies — The European Union outlined plans to promote European adoption … | Anthropic: |
Anthropic releases Petri, an open-source tool using AI agents for safety testing, and says it observed multiple cases of models attempting to blow the whistle — Petri (Parallel Exploration Tool for Risky Interactions) is our new open-source tool that enables researchers to explore hypotheses about model behavior with ease.| Nick Lichtenberg / Fortune: |
Harvard economist Jason Furman estimates that investments in data centers and information-processing software accounted for 92% of US GDP growth in H1 2025 — U.S. GDP growth in the first half of 2025 was almost entirely driven by investment in data centers and information processing technology … | Dasha Afanasieva / Bloomberg: |
US House lawmakers release a report criticizing ASML, Tokyo Electron, and other equipment makers for helping build China's chip industry; ASML fell more than 7% — ASML Holding NV shares fell after US lawmakers accused the Dutch chip equipment maker of boosting China's semiconductor industry … | John Revill / Reuters: |
SoftBank Group agrees to acquire ABB's robotics business, which generated $2.3B in sales in 2024, for $5.4B, in a deal expected to close in mid-to-late 2026 — SoftBank Group (9984.T) said on Wednesday it has agreed to buy the robotics business of Swiss engineering group ABB (ABBN.S) in a $5.4 billion deal.| Financial Times: |
| Matthias Pfefferle / Open Channels FM: |
An interview with Evan Prodromou, “inventor of the Fediverse”, on ActivityPub's origins, Mastodon's privacy focus, expanding beyond microblogging, and more — In this episode of the Fediverse Flow series, host Matthias Pfefferle is joined by Evan Prodromou, often called the … | Engineering at Meta: |
The Linux Foundation plans to launch the React Foundation, a new home for Meta's React and React Native; founding members include Amazon, Meta, and Microsoft — Meta open-sourced React over a decade ago to help developers build better user experiences. Since then, React has grown … | Financial Times: |
Sources: Elon Musk has appointed former Morgan Stanley banker Anthony Armstrong as CFO of xAI; Armstrong will also take over financial management for X — Anthony Armstrong will take over financial management for both the AI group and social media platform X| Financial Times: |
Sources: OpenAI and Anthropic consider using investor funds to settle potential claims from multibillion-dollar lawsuits, as insurers balk at covering AI risks — Companies struggle to assess scale of financial risks emerging from artificial intelligence — OpenAI and Anthropic …
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