| Mark Gurman / Bloomberg: |
OpenAI says it has removed all marketing materials announcing its acquisition of Jony Ive's io due to a trademark dispute lawsuit — Social media users noticed Sunday that a video and website hosted by OpenAI that announced the artificial intelligence company's $6.5 billion acquisition … | Financial Times: |
Tesla quietly launches its robotaxi service in Austin, with ~10 vehicles and a human safety driver; Elon Musk says customers will pay “a $4.20 flat fee” — Self-driving technology on which Elon Musk has staked the future of his company debuts in Texas| Reuters: |
Texas enacts legislation requiring a permit to operate self-driving vehicles, effective September 1, as Tesla launches its robotaxi trial in Austin — Texas Governor Greg Abbott, a Republican, has signed legislation requiring a permit to operate self-driving vehicles just before Tesla's planned launch … | Bloomberg: |
The Senate parliamentarian rules that a Republican effort blocking US states from enforcing AI laws for 10 years will remain in Trump's One Big Beautiful Bill — A Republican effort to block US states from enforcing new artificial intelligence regulations will remain in President Donald Trump's massive tax … | Wall Street Journal: |
Behind Mark Zuckerberg's sweeping recruitment effort for Meta's Superintelligence lab, including hundreds of reach outs and $100M+ offers and counter offers — In a bid to address an AI crisis at his company, the Meta CEO has gotten personally involved in recruiting top talent| Jack Buehrer / The Verge: |
The music industry is developing tools to detect AI-generated music across the music pipeline, with a focus on licensing and control rather than takedowns — With no way to stop the onslaught of AI music, the industry is taking a different approach: figuring out how to make money off of it.| Mark Gurman / Bloomberg: |
A look at Apple's conservative approach to M&A, which may need to change to catch up in AI by acquiring a startup like Perplexity, Cohere, Sierra AI, or Mistral — Apple will need to make the biggest acquisition in its history to put an end to its artificial intelligence debacle.| Walter Frick / Bloomberg: |
How AI is enabling a “botscaling” era in Silicon Valley, where companies achieve high revenue per employee with minimal headcount — Startups used to brag about valuations and venture capital. Now AI is making revenue per employee the new holy grail.| Lucas Shaw / Bloomberg: |
Inside Disney's plan to limit AI companies' use of its IP, which led Disney and Comcast to sue Midjourney; Disney is also in talks with companies like OpenAI — Disney's top lawyer says his lawsuit against Midjourney is just the first step in a plan to limit AI companies' use of the studio's most valuable characters.| Financial Times: |
Sources: Revolut CEO Nik Storonsky could get a multibillion-dollar payout if he drives the fintech's valuation to ~$150B, under an Elon Musk-style pay deal — Nik Storonsky struck deal before SoftBank funding round that awards him more shares if valuation clears set hurdles| Barbara Moens / Financial Times: |
Sources: Apple is locked in last-minute EU negotiations over App Store changes to avoid fines set for this week, and is expected to offer “steering” concessions — Tech group must make concessions to comply with Digital Markets Act or be hit by escalating levies from Thursday| Kevin Draper / New York Times: |
How Walmart, seeking to compete with e-commerce rivals like Amazon, built a multibillion-dollar HQ in Bentonville, aiming to attract workers and woo shoppers — The retailing giant is spending billions to attract workers to a new headquarters and woo shoppers with drone delivery and a broader range of items … | Connie Loizos / TechCrunch: |
A profile of Katie Haun, a former federal prosecutor turned a16z partner who later founded Haun Ventures and believes the GENIUS Act will make stablecoins safer — In 2018, when Bitcoin was trading around $4,000 and most Americans, at least, thought cryptocurrency was a fad … | Brian Kahn / Bloomberg: |
A look at BeeHome, an AI-powered robotic beehive developed by Beewise, which has raised ~$170M and helps reduce losses by monitoring colony health in real time — After 150 years without minimal innovation, the beehive is getting an upgrade that is making it easier to protect colonies and the crops that rely on them.
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