| Cecilia D'Anastasio / Bloomberg: |
Roblox shares closed down 6.34% on Friday after the company was accused in two lawsuits of failing to sufficiently protect youngsters on its platform — Roblox Corp. shares fell more than 6% Friday after the company, which operates an online video-game service popular with children … | Jonathan Vanian / CNBC: |
Senator Josh Hawley says he will investigate Meta after a report on its AI policy allowing sensual chats with kids, tells Meta to produce docs by September 19 — Sen. Josh Hawley, R-Mo., said Friday that he will investigate Meta following a report that the company approved rules allowing … | Monique Mulima / Bloomberg: |
Winklevoss twins' Gemini files for a US IPO and reports a $282.5M net loss on $67.9M revenue in H1 2025, vs. a $41.4M net loss on $73.5M revenue a year earlier — Gemini Space Station Inc., led by the billionaire Winklevoss twins, filed for an IPO as the cohort of crypto businesses seeking to list on public markets continues to swell.| Kate Clark / Bloomberg: |
Sources: current and former OpenAI employees plan to sell ~$6B in stock to Thrive Capital, SoftBank, and others in a secondary sale that values OpenAI at ~$500B — SoftBank, Dragoneer and Thrive Capital are set to buy OpenAI shares from current and former employees at a $500 billion valuation.| David Keohane / Financial Times: |
SoftBank-owned PayPay files for a US listing; sources: it aims to raise $2B+ at a $10B+ valuation, and the listing could happen by the end of the year — Sale of American depositary shares could value payments company above $10bn and help fund AI bets — PayPay has filed for a US listing … | Bloomberg: |
A US district court judge temporarily blocks an FTC probe into Media Matters, part of an antitrust investigation into ad boycotts, calling the probe retaliatory — Nonprofit Media Matters for America won a court order blocking a Federal Trade Commission information demand for documents … | 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 … | Alex Heath / The Verge: |
| Sarah Perez / TechCrunch: |
Appfigures: ChatGPT's app for iOS and Android hit $2B in global consumer spending, including $1.35B so far in 2025, up 673% YoY; Grok made ~$25.6M this year — ChatGPT's mobile app is raking in the revenue. — Since launching in May 2023, ChatGPT's app for iOS and Android devices … | Jesse Hamilton / CoinDesk: |
The Federal Reserve continues its relaxation of crypto oversight by ending a program created in 2023 to scrutinize fintech and crypto activities by banks — The Federal Reserve has shuttered the Novel Activities Supervision Program it built in 2023 that was — in part — meant to focus on banks' crypto activity.| Norah Mulinda / Bloomberg: |
Opendoor CEO Carrie Wheeler steps down, with Shrisha Radhakrishna named president and interim CEO; OPEN closed up 4.28% — Opendoor Technologies Inc., a real estate company that became a meme stock in recent months, said Chief Executive Officer Carrie Wheeler is stepping down immediately as the board searches for a replacement.| Kalley Huang / The Information: |
Sources: Meta plans its fourth AI restructuring in six months, dividing its superintelligence lab into TBD Lab, a product team, an infrastructure team, and FAIR — Meta Platforms is planning the fourth restructuring of its artificial intelligence efforts in six months, according to three people familiar with the matter.| Anne Trafton / MIT News: |
Researchers say they used generative AI algorithms to design novel antibiotics targeting drug-resistant Neisseria gonorrhoeae and MRSA — The team used two different AI approaches to design novel antibiotics, including one that showed promise against MRSA. — PRESS INQUIRIES| Lauren Goode / Wired: |
Some developers say GPT-5 excels at technical reasoning and planning coding tasks and is cost-effective, but Claude Opus and Sonnet still produce better code — Software engineers are finding that OpenAI's new GPT-5 model is helping them think through coding problems—but isn't much better at actual coding.| Bloomberg: |
Meta's standalone Meta AI app, launched in April 2025, offers an uneven experience, hallucinating and not personalizing replies despite access to Meta accounts — The Meta AI app offers an uneven experience, posing a sharp contrast to Mark Zuckerberg's lofty artificial intelligence ambitions.
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