| Axios: |
Demis Hassabis is stepping down as CEO of Google DeepMind to be the unit's chairman and will add the title of Alphabet chief scientist; GOOG drops 3%+ — Demis Hassabis is leaving his role as CEO of Google DeepMind to be the unit's chairman. Chief scientist Jeff Dean and several Google AI colleagues … | Bloomberg: |
| Jonathan Vanian / CNBC: |
Meta releases Muse Code in beta, a terminal coding agent powered by Muse Spark 1.2, a coding-focused model priced at $1.25/1M input and $4.25/1M output tokens — Meta is rolling out its first coding agent called Muse Code as the company tries to challenge leading AI labs Anthropic and OpenAI.| Jyoti Mann / The Information: |
Source: Muse Spark 1.1 model breached a company's systems during cybersecurity testing; Meta says evaluation partner Irregular caused a sandbox misconfiguration — A Meta Platforms artificial intelligence model accessed the internet during cybersecurity testing and hacked into another company … | Wall Street Journal: |
| Steven Levy / Wired: |
Jeff Dean and three other Google execs are leaving to launch Discovery Loop, which will seek AI-powered breakthroughs in drug discovery, chip design, and more — Jeff Dean and other high-profile Google executives have founded Discovery Loop, a startup that will seek AI-powered breakthroughs … | Cade Metz / New York Times: |
Discovery Loop, co-founded by Jeff Dean, is backed by seed funding from Radical Ventures, Khosla Ventures, and others; Google also has a stake in the company — Jeff Dean, who for years was one of Google's most important executives, is leading the new artificial intelligence company with the backing of Google.| Lily Hay Newman / Wired: |
OpenAI says the Hugging Face breach involved AI agents creating an internal message board, unnoticed by humans, where they shared exploits and planned the hack — At the Black Hat security conference, the AI giant revealed new details about how its agents went rogue, hacked several other companies … | Neil J Kanatt / Reuters: |
DoorDash reports Q2 marketplace gross order value up 36% YoY to $33.08B, vs. $32.08B est., and forecasts Q3 marketplace GOV and adjusted EBITDA above estimates — DoorDash (DASH.O) on Wednesday forecast third-quarter gross order value and core profit above Wall Street estimates after topping results … | Britney Nguyen / MarketWatch: |
| Annie Palmer / CNBC: |
Etsy says it will cut ~220 employees, or ~12% of its workforce, mostly in product and engineering, and reports Q2 revenue up 6% YoY to $668.3M, vs. $649.1M est. — Etsy said Wednesday it's laying off about 220 employees, or roughly 12% of its workforce, as the online marketplace looks … | Reuters: |
eBay reports Q2 revenue up 15% YoY to $3.13B, vs. $3.02B est., GMV up 15% to $22.4B, and forecasts Q3 revenue above estimates — EBay (EBAY.O) forecast third-quarter revenue above Wall Street estimates on Wednesday, leaning on its push into authenticated luxury goods, collectibles … | Kyt Dotson / SiliconANGLE: |
Cloudflare open sources a new version of Cloudflare OS, a browser-accessible AI agentic workspace for enterprises that lets employees build custom micro-apps — Cloudflare Inc. today announced the launch of Cloudflare OS, an open-source artificial intelligence agentic workspace available through … | Bloomberg: |
Filing: Microsoft recorded $24.1B in revenue from OpenAI during the year ended in June, suggesting OpenAI accounted for more than half of Microsoft's AI sales — Microsoft Corp. generates most of its artificial intelligence revenue from OpenAI, according to new disclosures from the company.| Deborah Mary Sophia / Reuters: |
| Manya Saini / Reuters: |
Block reports Q2 revenue up 9% YoY to $6.62B, vs. $6.49B est., Cash App gross profit up 31% to $1.97B, and raises its FY 2026 gross profit forecast — Block (XYZ.N) raised its full-year gross profit forecast on Wednesday after delivering market-beating second-quarter results … | Jonathan Greig / The Record: |
Canadian national Connor Moucka pleads guilty to participating in the 2024 Snowflake hacks involving data theft from at least 165 companies, including AT&T — A Canadian national is facing decades in prison for participating in the hacking of data storage platform Snowflake.| Joseph Cox / 404 Media: |
Mysk: Apple's Private Relay tool can leak users' IP addresses due to issues in Apple's WebKit browser engine, also affecting OnionBrowser, a Tor browser for iOS — Researchers found a group of issues that mean Private Relay isn't actually protecting users' real IP addresses.| Tom Carter / Business Insider: |
Anthropic confirms it is building an in-house silicon team to design custom chips for Claude, co-designing hardware and models and using a “multi-chip approach” — - Anthropic plans to design its own AI chips to run Claude, the company told Business Insider.| Jay Peters / The Verge: |
Reddit expands its test of Rules Hub, a suite of tools that rely on LLMs to help moderators manage their communities, and plans a full launch later this year — It's also planning big changes for developers and old Reddit. … Reddit is enlisting AI to help moderate new subreddits — and eventually the rest of site.| Deborah Sophia / Reuters: |
Shopify reports Q2 revenue up 34% YoY to $3.58B, above $3.45B est., GMV up 32% YoY to $115.57B, and forecasts Q3 revenue growth above estimates; SHOP jumps 17% — Canada's Shopify projected current-quarter revenue growth above Wall Street estimates on Wednesday, signaling the company's AI efforts … | Emmett Lindner / New York Times:NEW |
TikTok's US entity says it is closing its Nashville office, which held some of its content moderation team; filing: TikTok laid off 250 employees at the office — The office was home to members of the app's content moderation team. — TikTok's U.S. joint venture said on Wednesday … | Kelly Cloonan / Wall Street Journal: |
AppLovin reports Q2 revenue up 53% YoY to $1.92B, below $1.94B est., and forecasts Q3 revenue within estimates; APP drops 16% after hours — The shortcomings in the latest quarter came down to timing — AppLovin's profit and revenue growth continued in the latest quarter but the advertising company …
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.| Sean O'Kane / TechCrunch: |
Nikita Bier steps down as head of product at X after a little more than a year in the role and says he will continue as an adviser — Nikita Bier has stepped down as head of product at X, Elon Musk's social media platform, after a little more than a year in the role.| Reed Albergotti / Semafor: |
Sapiom, which helps businesses build, ship, and scale AI agents and lower token costs, raised a $35M Series A led by Dragonfly, taking its total funding to $50M — THE SCOOP — Quintessential San Francisco AI startup Polsia employs nobody and operates swarms of AI agents to help run other businesses.| Lora Kolodny / CNBC: |
Uber reports Q2 revenue up 12% YoY to $14.19B, below $14.24B est., Gross Bookings up 24% to $58B, and forecasts Q3 adjusted EPS below estimates; UBER drops 5% — Uber issued a forecast for bookings and earnings that trailed analysts' estimates, while second-quarter profit was in line with expectations.| Natalie Lung / Bloomberg: |
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Most carriers track everything. Cape doesn't. — Unlimited talk, text & data, 24-hr metadata deletion, network ID rotation, SIM-attack defense, and more. Switch today and get 29% off for life.
Introduction: Zoho Notebook now imports and transcribes your call recordings automatically from Zoho apps — Does your team run on Zoho's call and meeting apps? That's where decisions get made, plans come together, and work actually moves forward.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
| Ivan Mehta / TechCrunch: |
| Shubhangi Goel / Business Insider: |
| Abner Li / 9to5Google: |
| Brooks Barnes / New York Times: |