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New Mexico trial: a judge orders Meta to pay $567M and make changes for underage users after finding its platforms helped create a public nuisance harming teens — SANTA FE, N.M. - A Santa Fe judge ordered Meta to pay $567 million, and make changes for the user experience of juvenile accounts … | Financial Times: |
Sources: ByteDance is pretraining an AI model with up to 10T parameters, roughly 3x larger than Kimi K3 and larger than the 8T estimate for Anthropic's Mythos 5 — TikTok owner training a model three times larger than Moonshot's Kimi K3 — ByteDance is training an AI model that could approach … | Yoolim Lee / Bloomberg: |
SK Hynix plans a $38B chipmaking expansion in South Korea, including building a ~$24.7B DRAM facility in Yongin and a ~$13.3B NAND fabrication plant in Cheongju — SK Hynix Inc. plans a 54 trillion won ($38 billion) expansion of its chipmaking facilities in South Korea, the memory chip maker said in a statement Friday.| Black Hat on YouTube: |
At Black Hat, OpenAI reconstructs the OpenAI-Hugging Face incident and examines its implications for AI security, cyber resilience, and alignment — The ‘Breaking’ News: The OpenAI-Hugging Face Incident - A Technical Reconstruction and Its Implications for AIWhen AI Goes Rogue. The Incident That Changed E...| Anthropic: |
Anthropic updates Claude Fable 5's biology safeguards to reduce false positives, cutting biology-related “fallbacks” by ~85% in testing across product surfaces — We're making updates to Claude Fable 5's biology safeguards in a way that substantially reduces false positives.| SemiAnalysis: |
Analysis: Google DeepMind has lost frontier-model momentum amid leadership and RL talent departures, with Google Cloud emerging as a winner with more compute — GCP YoY rev growth >100%, DeepMind's long term failure is Google Cloud's short term gain — On Wednesday, August 5th … | Reuters: |
The White House imposes price floors and a 15% tariff on products made from polysilicon, the raw material used in chips that is primarily produced by China — The White House on Thursday imposed a series of price floors and a 15% tariff on products made from polysilicon … | Will Knight / Wired: |
Security researchers claim that Kimi K3 went outside of its sandbox during defensive cybersecurity tests, but did not hack anything after accessing the internet — Security researchers say that Kimi K3, an open-weight model from China, wandered off to the internet in an attempt to cheat on a test it was given.| Bloomberg: |
Sources: up to five people tied to US Cyber Command died by suicide from early June to early July 2026, prompting it to flag them as a potential suicide cluster — The US military's cyberwarfare unit is scrutinizing an unusually high number of deaths by suicide among personnel … | Reuters: |
Sources: Alibaba plans to ask heavy commercial users of its next Qwen open model for a share of revenue; Moonshot's Kimi K3 requires up to a 30% revenue share — Chinese technology giant Alibaba (9988.HK) plans to ask major users of the next version of its Qwen open-source AI model for a share … | Deborah Sophia / Reuters: |
Take-Two reports Q1 bookings down 3% YoY to $1.39B, vs. $1.38B est., forecasts Q2 and FY 2027 bookings below est., and highlights excitement for GTA VI's launch — Take-Two Interactive (TTWO.O) maintained its annual bookings forecast on Friday, but reiterated the November 19 launch date … | Nat Ives / Wall Street Journal: |
Ad measurement company VideoAmp cut ~20% of its staff this week, citing that “AI is a major platform shift”; sources: 50 to 60 were laid off, including the CTO — Plus, Claire's redesigns its ear-piercing experience to compete with trendy studios| Allie Garfinkle / Fortune: |
Livestream shopping app Whatnot raised a $545M Series G led by Iconiq, Lightspeed, and Avra at a $20B valuation, up from an $11.5B valuation in October 2025 — Whatnot, started in a Funko Pop-flooded rental house, is now a $20 billion company. — The live commerce platform exclusively told Fortune … | Mark Gurman / Bloomberg: |
Sources: OpenAI's new device, slated for 2027, is a hockey puck-sized smart speaker with moving parts that help give it personality and will likely cost $300+ — A highly anticipated new device from OpenAI will have a unique look, complete with moving parts that help give it personality … | Tobias Mann / The Register: |
AMD acquires Toronto-based Taalas, which integrates model weights directly into silicon with the promise to boost inference performance, for an undisclosed sum — Early tech demos show model-specific integrated circuits churning out up to 17,000 tokens a second| Bloomberg: |
Sources: an addendum to the bipartisan Clarity Act would force President Trump to divest from crypto businesses, letting him defer paying taxes on the gains — The bipartisan ethics proposal senators have pitched to President Donald Trump to get landmark crypto legislation over the line … | Nic Fildes / Financial Times: |
Atlassian CEO Mike Cannon-Brookes says he will buy $250M of company shares after strong Q4 results eased fears that AI could threaten its business model — Mike Cannon-Brookes' move comes as shares in Australian software company soar on strong quarterly sales| Arunesh Sinha / Reuters: |
| Mackenzie Hawkins / Bloomberg: |
Sources: the US Commerce Department's BIS is reviewing how Chinese AI companies access Nvidia chips overseas, including by legally renting foreign data centers — A key US agency is reviewing how Chinese AI firms acquire and access Nvidia Corp. chips overseas, following a spate … | Carl Zimmer / New York Times: |
Scientists trained AI on genetic sequences to design viruses not found in nature, yielding 16 viable viruses that can infect bacteria but don't threaten humans — Scientists trained artificial intelligence on libraries of DNA and then asked the model to create recipes for viral genomes.| Mars W. Mosqueda Jr / DealStreetAsia: |
Singapore-based AI infrastructure startup Acrab raised a $130M Series B, bringing its total funding to more than $480M — Acrab, a Singapore-headquartered AI infrastructure startup, has announced raising $130 million in a Series B funding round backed by existing investors Vertex Ventures … | Brian Steinberg / Variety: |
Nielsen agrees to acquire DoubleVerify and take it private in an all-cash deal with an enterprise value of around $2.15B, expected to close by Q1 2027 — Audience-measurement giant Nielsen said it would acquire the digital-media monitor DoubleVerify in an all-cash transaction that takes place … | Maria Armental / Wall Street Journal: |
Singapore-based Multiplier, which acquires accounting firms to boost their growth with AI tools, raised a $35M Series B led by TheGP at a $300M valuation — The $300 million company raised $35 million and hired former Slack CFO Allen Shim as it pursues an aggressive, acquisition-led expansion| Ivan Mehta / TechCrunch: |
Athens-based Omilia, which builds self-learning AI agents that work across different customer contact points, raised a $67M Series B led by Expedition Growth — The customer support industry has seen a massive influx of startups like Sierra, Decagon and Parloa trying to infuse AI … | Nichiket Sunil / Reuters: |
| Casey Newton / Platformer: |
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
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Introducing Zoho Expense MCP: Turn conversations into expense workflows — Artificial intelligence (AI) has already changed how we search for information, summarize documents, and analyze data.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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