| Bloomberg: |
Sources: the Trump administration is in talks with Intel to have the US government potentially take a stake in the company; INTC closed up 7.4% on August 14 — The Trump administration is in talks with Intel Corp. to have the US government take a stake in the beleaguered chipmaker … | Wired: |
Sources: xAI was part of a US GSA's AI initiative alongside OpenAI, Anthropic, and Google, but the GSA removed xAI after Grok posted antisemitic content in July — Internal emails obtained by WIRED show a hasty process to onboard OpenAI, Anthropic, and other AI providers to the federal government. xAI … | Ina Fried / Axios: |
An interview with Sam Altman on spending billions on AI infrastructure, wanting Chrome if it's really for sale, AI models saturating the chat use case, and more — OpenAI CEO Sam Altman is still talking like the future belongs to him, a week after the rollout of the company's latest model raised … | Sarah Perez / TechCrunch: |
Bluesky revises its policies and Community Guidelines to comply with regulations like the EU's DSA, the UK's Online Safety Act, and the US' Take It Down Act — Two years after launching, social network Bluesky is revising its Community Guidelines and other policies, and asking for feedback from its users on some of the changes.| Google Developers Blog: |
Google announces Gemma 3 270M, a compact model designed for task-specific fine-tuning with strong capabilities in instruction following and text structuring — The last few months have been an exciting time for the Gemma family of open models. We introduced Gemma 3 and Gemma 3 QAT … | Bloomberg: |
Meta's standalone Meta AI app, launched in April 2025, offers an uneven experience, often hallucinating facts and failing to provide personalized responses — The Meta AI app offers an uneven experience, posing a sharp contrast to Mark Zuckerberg's lofty artificial intelligence ambitions.| Jody Godoy / Reuters: |
Sen. Josh Hawley calls for a congressional probe into Meta after a report on its AI policy allowing sensual chats with kids; Sen. Marsha Blackburn backs a probe — Two Republican U.S. senators called for a congressional investigation into Meta Platforms (META.O) on Thursday … | Yuliya Chernova / Wall Street Journal: |
Source: AI coding startup Cognition raised nearly $500M led by Founders Fund, bringing its valuation to $9.8B, more than double the level earlier this year — Peter Thiel's Founders Fund is the lead investor in the financing, according to people familiar with the deal| Todd Spangler / Variety: |
Louisiana AG Liz Murrill sues Roblox, alleging among other things that it continues to facilitate CSAM distribution and the sexual exploitation of children — Online gaming platform Roblox has faced criticism for years that it doesn't do enough to protect children using its platform.| Richard Nieva / Forbes: |
How Google's Jigsaw and longtime pollster Scott Rasmussen plan to use AI to survey Americans to find common ground ahead of the US' 250th anniversary — A collaboration between the tech giant and a polling nonprofit will gather five to 10 people each from every congressional district … | Akila Quinio / Financial Times: |
Klarna reports Q2 revenue up 25% YoY to $823M with a net loss of $53M, up from a net loss of $18M in Q2 2024, as it prepares for a second attempt at a US IPO — Revenues jump a fifth to $823mn as Swedish buy now, pay later group continues US expansion and neobank drive| Bloomberg: |
Sources: some N26 investors seek to replace its co-CEOs after German regulator Bafin identified new deficiencies in the digital bank's internal controls — Some investors in N26 are urging the German digital bank's two chief executive officers to step down, following fresh criticism of the firm … | Carmen Reinicke / Bloomberg: |
CoreWeave's IPO lockup expires Friday for holders of 80%+ of its Class A shares; its stock plunged 33% in the two days after its Q2 earnings amid selloff fears — CoreWeave Inc.'s March initial public offering has been a roaring success for anyone lucky enough to get in at the start.| Ben Thompson / Stratechery: |
Meta's strong Q2 shows it has learned a company must give investors short-term results to get permission for long-term investments, such as its AI ambitions — Meta delivered blowout earnings the same quarter that Mark Zuckerberg doubled down on AI; I don't think it was a coincidence.
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| Victoria Song / The Verge: |