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August 5, 2026, 3:55 AM
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Bloomberg:
SpaceX reports Q2 revenue up 92% YoY to $7.8B, vs. $6.81B est., AI operating loss of $1.26B, vs. $2.39B est., says capex in Q3 and Q4 will remain similar to Q2  —  SpaceX stock fell after the company disclosed higher-than-expected spending on its artificial intelligence business …
Micah Maidenberg / Wall Street Journal:
SpaceX says Q2 capex rose to $18.4B from $2.8B in Q2 2025, including $15.8B for its AI segment and $1.4B for connectivity; SPCX drops 7%+ pre-market  —  SpaceX laid out $18.4 billion in capital investments during the April-to-June quarter, with most of the spending supporting artificial-intelligence efforts.
Reuters:
SpaceX President Gwynne Shotwell says the company aims to build out ground-based infrastructure to complement its satellite network for “a true mobile service”
Maria Curi / Axios:
Sources: the White House doesn't plan to publicly release its voluntary AI framework; details will be available to the companies that are part of the process  —  The White House does not plan to publicly release its new framework for evaluating advanced AI models, three sources familiar with the discussions told Axios.
Maria Curi / Axios:
Sources: the US' AI framework excludes open models and defines a covered frontier model as closed source with SOTA capabilities and national security risks  —  The White House is excluding open models from its framework to test advanced AI capabilities, sources familiar with the matter told Axios.
Sam Sabin / Axios:
The UK AISI says it observed a total of 19 instances where Mythos and GPT-5.6 Sol tried to hack people and companies during a routine cyber evaluation in July  —  The U.K. AI Security Institute said it observed nearly 20 instances of Anthropic and OpenAI's most advanced models trying …
Jeff John Roberts / Fortune:
Cloudflare announces Cloudflare Wallets for users to pay for APIs and content via stablecoins, with the ability to create virtual wallets for agentic shopping  —  The field of agentic commerce—a term that describes the use of bots for online buying and selling—is evolving fast.
Olivia Carville / Bloomberg:
An internal TikTok doc shows it withheld a safeguarded algorithm from 10% of US users, including a 16-year-old who was fed self-harm content and died by suicide  —  A confidential document says an algorithm adjustment was kept from many users “by design,” as part of an experiment to measure engagement.
Ian King / Bloomberg:
AMD reports Q2 revenue up 50% YoY to $11.5B, vs. $11.3B est., Data Center revenue up 107%, forecasts Q3 revenue below some estimates; AMD drops 7%+ after hours  —  Advanced Micro Devices Inc. tumbled in late trading after giving an underwhelming sales outlook, a sign shareholders expected …
Anton Shilov / Tom's Hardware:
Sandisk and SK Hynix announce the High Bandwidth Flash (HBF) open specification that enables up to 512GB memory modules with 0.4 TB/s to 3.0 TB/s bandwidth
Jay Peters / The Verge:
EA says its $55B acquisition by PIF, Silver Lake, and Affinity Partners has closed, taking the company private; the deal includes $20B in debt financing  —  The massive deal has closed. The massive deal has closed. … Electronic Arts has officially become a private company.
Reuters:
Sources: Samsung and SK Hynix are evaluating chipmaking equipment from China's AMEC for possible use at their Chinese factories, as they hedge against US curbs  —  Samsung Electronics and SK Hynix are evaluating chipmaking equipment from China's Advanced Micro-Fabrication Equipment (AMEC) …
Alexandra Alper / Reuters:
Sources: the FCC is drafting a restriction on US imports of new models of Chinese data center optical transceivers, set to take effect upon publication in 2026
Bloomberg:
Sources: Anthropic agreed to a six-year, $10B deal for computing capacity in Norway from Nvidia-backed AI cloud startup Volta Infra and bitcoin miner Bitdeer  —  Anthropic PBC has struck a $10 billion deal for computing capacity from a months-old infrastructure startup …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 3:55 AM ET, August 5, 2026.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

CNBC:
President Trump says he is banning CNN, MS NOW, and Politico from the White House over their coverage of him, with “other Fake News Media Outlets to follow”

Jessica Toonkel / Wall Street Journal:
Sources: Paramount is in advanced settlement talks with California Attorney General Rob Bonta over the company's deal to acquire WBD

Oliver Darcy / Status:
Dylan Byers of Puck has gone to unusual lengths to defend Bari Weiss' work while Puck is in funding talks with RedBird Capital, a top Paramount investor

More News

Emma Roth / The Verge:
Pavel Durov says an extortionist planted “illegal porn in a public chat” to get the app pulled from the App Store and manipulated Apple into “overreacting”
Mistral AI Blog:
Mistral releases Shieldstral, a 3B multimodal safety classifier that it says matches models up to 7x its size on text safety, available under Apache 2.0

Earlier Picks

Jimmy Jenkins / Bloomberg:
The DOJ secures a $3.2M settlement from OpenAI to resolve allegations it discriminated against US workers by preferring workers with temporary employment visas
Bill Toulas / BleepingComputer:
Researchers: ChainDrop, a Shai-Hulud-based worm, has compromised 1,300+ npm packages, like Keyv, Cacheable, and flat-cache, with a combined 2B monthly downloads
Jessica Soares / NVIDIA:
Nvidia makes Alpamayo 2 Super, its frontier open reasoning model for robotaxis and AVs, available for commercial use under the OpenMDW-1.1 license
Jody Godoy / Reuters:
New Jersey files an antitrust lawsuit against Amazon, alleging it abuses its dominance to impose low pay and poor conditions on independent delivery drivers
Emily Steel / New York Times:
Uber is defending 4,000+ rider sexual-violence lawsuits by aggressively examining plaintiffs' drinking, clothing, and more, after promising to protect survivors
Reuters:
Bending Spoons agrees to acquire Airtable in an all-cash deal valuing the US software company at $1.285B, set to close by 2026's end, its first post-IPO deal
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