| Surbhi Misra / Reuters: |
Elon Musk says that Apple “makes it impossible for any AI company besides OpenAI” to top its App Store, an “antitrust violation”, and xAI will take legal action — Billionaire Elon Musk said on Monday his artificial intelligence startup xAI would take legal action against Apple … | Henry Chandonnet / Business Insider: |
| Katherine Blunt / Wall Street Journal: |
Perplexity offers to acquire Chrome for $34.5B, significantly more than Perplexity's estimated $18B valuation, and says large VC funds agreed to back the deal — With its unsolicited bid for Google's browser, AI startup seeks to take advantage of uncertainty over pending antitrust ruling| The Verge: |
Epic says it is bringing Fortnite back to iOS in Australia “at a date to be determined”, after a judge ruled Apple and Google's app stores are anticompetitive — Apple and Google's losses in Australian antitrust cases could be a win for Epic Games.| ABC: |
An Australian federal judge rules Apple and Google engaged in anticompetitive conduct by misusing their app store market power, but rejects Epic's other claims — By national consumer affairs reporter Michael Atkin and the Specialist Reporting Team's Melanie Vujkovic| Financial Times: |
Anthropic signs a deal to offer Claude to US lawmakers for $1/year, following OpenAI; a source says Google is in talks to offer Gemini on similarly cheap terms — Group follows rival OpenAI in making enterprise tools available to government branches — Anthropic will offer its Claude chatbot … | Ashley Stewart / Business Insider: |
| James Hunt / The Block: |
Circle reports Q2 revenue up 53% YoY to $658M, USDC circulation up 90% YoY to $61.3B, a $482M net loss, and unveils Arc, a stablecoin-focused Layer 1 blockchain — - Circle is planning to launch a stablecoin-focused EVM-compatible Layer 1 blockchain called Arc.| Maxwell Zeff / TechCrunch: |
Anthropic updates Claude Sonnet 4 to support a 1M token context window, letting it process prompts up to 750K words or 75K lines of code, up 5x on its old limit — Anthropic is increasing the amount of information that enterprise customers can send to Claude in a single prompt … | Emma Roth / The Verge: |
Google launches Preferred Sources in the US and India, allowing users to personalize the news in Search's “top stories” section by selecting favorite outlets — A new feature will let you pick the news outlets you see in Google Search's top stories.| Bloomberg: |
Sources: Chinese authorities urge local companies to avoid using less advanced US chips, particularly Nvidia's H20s, for government or national security work — Supply Lines is a daily newsletter that tracks global trade. Sign up here. — Beijing has urged local companies … | Lauren Goode / Wired: |
Q&A with AMD CEO Lisa Su on AI accelerators, US manufacturing, becoming AMD's CEO in 2014, OpenAI, Tesla, xAI, China, ROCm, aiming to surpass Nvidia, and more — While everyone else has been talking about Nvidia's GPUs, Lisa Su has discreetly turned AMD into a chipmaking phenom.| Adrian Zmudzinski / Cointelegraph: |
Qubic, a layer-1 blockchain project that pools mining resources, has been trying a 51% attack on Monero and says it succeeded, causing Monero's price to fall — at 1:30 pm UTC): This article has been updated to add a Qubic announcement. Layer-1 blockchain Qubic said it has … | Kylie Robison / Wired: |
Character.AI says it's generating revenue at a run rate of $30M+ and has 20M MAUs who spend, on average, 75 minutes a day chatting with a bot — Startup Character.AI once promised superintelligence. Its new CEO says it's now an entertainment company with 20 million users.| New York Times: |
How Larry Ellison is focusing his philanthropic efforts on the Oxford-based, for-profit Ellison Institute of Technology, promising to spend £1B on the project — Oracle's co-founder and the world's second-richest person pledges to concentrate his vast resources on his own research institute … | Emily Price / Fast Company: |
Meta says Threads has 400M monthly active users, up from 350M MAUs in April — Meta's Twitter rival has hit 400 million monthly users, closing the gap with X on mobile. — Meta's Threads is on a roll. — The social networking app is now home to more than 400 million monthly active users, Meta shared with Fast Company on Tuesday.| Bob Van Voris / Bloomberg: |
In US court, Terraform Labs co-founder Do Kwon says he will plead guilty to charges of conspiracy and wire fraud under an agreement with prosecutors — Terraform Labs Pte. co-founder Do Kwon pleaded guilty to charges in a US fraud prosecution tied to the $40 billion collapse of the TerraUSD stablecoin in 2022.| VideoCardz.com: |
Nvidia announces two Blackwell workstation GPUs with a 70W TDP, the RTX PRO 4000 SFF and the RTX PRO 2000, featuring compact designs and available later in 2025 — NVIDIA updates RTX Pro Blackwell series with entry-level SKUs — Based on GB203 and GB206 GPUs.| Rebecca Szkutak / TechCrunch: |
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| Dan Goodin / Ars Technica: |
| Hannah Lang / Reuters: |
| Skylar Woodhouse / Bloomberg: |
| Andrew Deck / Nieman Lab: |
| Charles Capel / Bloomberg: |
| Zac Hall / 9to5Mac: |
| Ina Fried / Axios: |
| Sam Tobin / Reuters: |