| Kanishka Singh / Reuters: |
US Director of National Intelligence Tulsi Gabbard says the UK has dropped its mandate requiring Apple to provide a backdoor for accessing users' encrypted data — Britain has dropped its demand for the iPhone maker Apple (AAPL.O) to provide a “backdoor” that would have enabled access … | Kif Leswing / CNBC: |
SoftBank agrees to invest $2B in Intel, buying ~2% of Intel's outstanding shares for $23 per share, becoming Intel's fifth-biggest shareholder; INTC jumps 5%+ — Intel and SoftBank announced on Monday that the Japanese conglomerate will make a $2 billion investment in the embattled chipmaker.| Sheryl Estrada / Fortune: |
An MIT report finds that 95% of GenAI pilots at companies have little to no financial impact, due to the “learning gap” for both the tools and the companies — Good morning. Companies are betting on AI—yet nearly all enterprise pilots are stuck at the starting line.| Kashish Tandon / Reuters: |
OpenAI launches ChatGPT Go, a new India-only plan priced at Rs. 399, or ~$4.57, per month, its most affordable yet, to grow users in its second-largest market — ChatGPT maker OpenAI on Tuesday launched ChatGPT Go, a new India-only subscription plan priced at 399 rupees ($4.57) per month … | Reuters: |
Sources: Nvidia is developing a new Blackwell-based AI chip for China, tentatively known as the B30A, that will be more powerful than its H20 model for China — Nvidia (NVDA.O) is developing a new AI chip for China based on its latest Blackwell architecture that will be more powerful … | Bloomberg: |
Sources: Apple is making all four iPhone 17 models in India ahead of debut, a first, as it expands to five factories to cut reliance on China for US-bound units — Apple Inc. is expanding iPhone production in India at five factories, including a pair of recently opened plants … | Jon Brodkin / Ars Technica: |
A US federal appeals court rejects T-Mobile's bid to overturn a $92M fine for illegally selling customer location data without consent, after a 2024 FCC ruling — A federal appeals court rejected T-Mobile's attempt to overturn $92 million in fines for selling customer location information to third-party firms.| Prakhar Srivastava / Reuters: |
Tether hires Bo Hines, who stepped down as White House Crypto Council Executive Director earlier in August, as an adviser to help it expand in the US — Cryptocurrency firm Tether has appointed former White House crypto policy executive Bo Hines as a strategic adviser to help steer its expansion … | Carl Franzen / VentureBeat: |
Nvidia debuts Nemotron-Nano-9B-v2, a hybrid Mamba-Transformer model, saying it achieves comparable or better accuracies than Qwen3-8B on reasoning benchmarks — Small models are having a moment. On the heels of the release of a new AI vision model small enough to fit on a smartwatch … | Devindra Hardawar / Engadget: |
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| Sean Hollister / The Verge: |
| Bloomberg: |
DeepSeek releases V3.1, adding a longer context window, with few other details; Chinese media blames CEO Liang Wenfeng's perfectionism and bugs for R2's delay — DeepSeek announced what appeared to be an update to its older V3 artificial intelligence model on Tuesday, declaring an enhanced version ready for testing.| Tim Bradshaw / Financial Times: |
Tim Sweeney says the UK's mobile app store regulation lags “well behind” other countries, and calls the CMA delaying its iPhone sideloading decision a “blunder” — Competition and Markets Authority delayed decision over fees Apple and Google charge developers| Angel Au-Yeung / Wall Street Journal: |
Databricks is finalizing a Series K at a $100B valuation, up 61% from its December 2024 round; sources say it is co-led by Thrive and a16z plans to participate — The data analytics company, fueled by the AI boom, was valued at $62 billion less than a year ago| Kate Park / TechCrunch: |
NYC-based Eight Sleep, which makes the AI-powered Pod smart mattress cover for measuring sleep, raised $100M from HSG and others, after an $86M Series C in 2021 — Roughly one in three adults in the U.S. regularly gets insufficient sleep, driving demand for tools that can monitor, analyze, and enhance rest.| Stephen Morris / Financial Times: |
Bill Gates backs the Alzheimer's Insights AI Prize, which gives $1M to a team making AI to “accelerate breakthrough discoveries from existing Alzheimer's data” — New competition is latest effort to deploy artificial intelligence to find cures for serious illnesses| Jagmeet Singh / TechCrunch: |
NYC-based Keychain, which makes AI-based software that helps manufacturers manage their product cycles, raised a $30M Series B, taking its total funding to $68M — Keychain, a U.S. startup that helps consumer brands find manufacturing partners, has raised $30 million in fresh funding … | Samantha Subin / CNBC: |
Palo Alto Networks reports Q4 revenue up 16% YoY to $2.54B, vs. $2.5B est., net income down 29% YoY, and Q1 and FY 2026 guidance above est.; PANW jumps 5%+ — Palo Alto Networks reported better-than-expected quarterly results and issued upbeat guidance for the current period.| Dean Seal / Wall Street Journal: |
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| Jody Godoy / Reuters: |
| Kia Kokalitcheva / PitchBook: |
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| Katelyn Chedraoui / CNET: |
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