| The Information: |
Sources: OpenAI is recruiting from Apple's hardware, design, manufacturing, and supply chain teams, as it targets late 2026 or early 2027 for its first devices — As OpenAI's plans to make devices infused with its artificial intelligence get closer to reality, the company is increasingly plucking talent … | Marcus Mendes / 9to5Mac: |
Report: OpenAI has considered building glasses, a digital voice recorder, and a pin, and has signed a deal with Luxshare to assemble at least one of its devices — A few months ago, OpenAI teamed up with Jony Ive to build the next generation of AI-powered hardware, under the brand io.| Tim Bradshaw / Financial Times: |
Sources: Nvidia is in advanced discussions to invest $500M in UK self-driving car startup Wayve, as part of a £2B pledge for UK startups; Wayve is evaluating — AI chipmaker's chief tells London audience that UK's first trillion-dollar company will be an AI business| Olivia Solon / Bloomberg: |
| Sarah Perez / TechCrunch: |
Mastodon, the nonprofit that maintains the social network, plans to offer paid hosting, moderation, and support services for organizations joining the fediverse — Mastodon, the non-profit organization that maintains the software powering the decentralized alternative to social networks like Threads and X … | New York Times: |
Inside xAI's chaotic summer: Musk reorganized xAI on the fly, researchers left because xAI abandoned science in favor of attention-grabbing products, and more — Mr. Musk spent the summer at his artificial intelligence start-up xAI, trying to match the runaway success of OpenAI. The result was chaos.| Krystal Hu / Reuters: |
SoftBank plans Vision Fund layoffs; sources: nearly 20% of staff will be impacted as SoftBank shifts resources to Masayoshi Son's large-scale AI bets in the US — - Vision Fund shifts focus to support AI ambitions of founder Masayoshi Son — Son's strategy returns to high-risk, high-reward investments| CNBC: |
Sources: Nvidia spent $900M+ in cash and stock to hire Enfabrica CEO Rochan Sankar and others at the AI hardware startup and to license its GPU-connecting tech — Nvidia has just shelled out over $900 million to hire Enfabrica CEO Rochan Sankar and other employees at the artificial intelligence … | Yaël Bizouati-Kennedy / Sherwood News: |
Rex-Osprey launches the first spot dogecoin and XRP ETFs in the US, after the SEC approved the Generic Listing Standards, paving the way for speedier listings — Rex Osprey launched the first spot XRP and doge ETFs today, while Grayscale will soon launch its just-approved multi-asset fund. — 4h| Kieran Smith / Financial Times: |
The US DOJ charges a UK teen allegedly tied to Scattered Spider over 120+ cyberattacks and the UK charged him and another teen over a Transport for London hack — The 19-year-old is alleged to have extracted $115mn in ransom payments from victims — A British teenager has been charged … | Reece Rogers / Wired: |
Google unveils new AI features for Chrome, including a Gemini button and AI Mode for US desktop users, and plans to add agentic features in the next few months — Google weaving Gemini further into the popular Chrome browser is an inflection point for AI in our software, although some users will still be looking for the “off” switch.| Alex Wickham / Bloomberg: |
MI6 launched Silent Courier, an online portal on the dark web and designed to let potential spies from Russia and elsewhere to send the agency messages securely — The UK's foreign intelligence service, MI6, launched a new online portal which it says will allow potential spies in Russia … | Jordan Novet / CNBC: |
Notion launches customizable agents that can create documents and perform other actions in the background, and says it has passed $500M in annualized revenue — OpenAI's public launch of ChatGPT in November 2022 is widely viewed as the event that kicked off the generative AI boom … | M.G. Siegler / Spyglass: |
The Ray-Ban Display glasses are Zuckerberg's latest attempt to reframe Meta, now on “personal superintelligence”, but they face tech and societal challenges — They're trying to back AI and Smart Glasses into the ‘Metaverse’... Live tech demos are a bitch.| Jay Peters / The Verge: |
| Sri Muppidi / The Information: |
Sources: OpenAI plans to spend ~$100B on backup servers rented from cloud providers through 2030, in addition to the $350B already projected for server rentals — When OpenAI in March released ChatGPT features that could turn photos into animated characters, a spike in usage forced the company to put temporary limits on the features.| Bloomberg: |
Netskope closes up 18.37% at $22.49 per share in its Nasdaq debut, giving it an $8.6B market value, after the cybersecurity company raised $908.2M in its IPO — Netskope Inc. jumped 18% in its trading debut, after the cybersecurity firm raised $908.2 million in an initial public offering.
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| Aamir Siddiqui / Android Authority: |
| Leah Nylen / Bloomberg: |