| Tulsee Doshi / Google: |
Google unveils Gemini 3.7 Flash, its “most intelligent workhorse model” for coding and agents, pricing it at $0.75/1M input and $3.75/1M output tokens at launch — Our most intelligent workhorse model yet for coding and agents. — Senior Director, Product Management, on behalf of the Gemini team| Shirin Ghaffary / Bloomberg: |
OpenAI hires Dali Rajic, COO of Alphabet's Wiz, as chief revenue officer, replacing ex-Slack CEO Denise Dresser, who was hired in December 2025 and will leave — OpenAI is naming its second new chief revenue officer in less than a year, a sign of efforts to bolster sales growth ahead of a highly anticipated Wall Street debut.| Bloomberg: |
Sources: OpenAI is on track to generate annualized revenue of $40B+ based on its current performance, roughly doubling its run rate from the end of 2025 — OpenAI is on track to generate annualized revenue of more than $40 billion based on its current performance, according to people familiar … | Frederic Lardinois / The New Stack: |
OpenAI launches Computer History, an opt-in feature that turns recent computer activity on macOS into memories and a timeline that ChatGPT and Codex can use — OpenAI's opt-in Computer History captures a local timeline of Mac activity so ChatGPT Work can recover context across selected apps and sites.| Zac Hall / 9to5Mac: |
OpenAI previews Ultrafast, an API tier powered by Cerebras that runs GPT-5.6 Sol up to 14× faster and generates up to 750 output tokens per second — OpenAI is previewing a new way to run its most capable GPT-5.6 model at dramatically higher speeds. The company says its new Ultrafast … | Rebecca Bellan / TechCrunch: |
Anthropic details multiagent experiments showing Claude agents can wage a “turf war” over incompatible goals, fail to coordinate, collude on prices, and more — What happens when you pit AI agents against each other? According to Anthropic's testing, things get messy fast.| Marcus Mendes / 9to5Mac: |
Epic v. Apple: Apple proposes commissions on US linked-out purchases of 15% for standard apps, 10% for partner programs and renewals, 5% for Small Business apps — Apple has submitted its proposal for the fees it should be allowed to charge for purchases made outside of the App Store system in the Epic Games case.| Veronica Irwin / Transformer: |
A profile of Amy Kremer, a pro-Trump activist who helped organize the January 6 rally and currently chairs the grassroots anti-data center group Humans First — Amy Kremer's resume makes her loyalty to Trump impossible to question. Humans First is banking that will help mobilize the right| The Information: |
A profile of Camilla Clark, quiet adviser to husband Dario Amodei and behind-the-scenes player at Anthropic; she once pitched a porn startup to Jeffrey Epstein — Eric Schmidt had plenty of reasons to toast the success of Dario Amodei and Anthropic at a private event the former Google CEO hosted recently.| Milana Vinn / Reuters: |
Sources: Silver Lake is in talks to acquire HR and financial management software maker Workday, which has a market value of ~$43B; WDAY jumps 18%+ — Private equity firm Silver Lake is in talks to acquire Workday (WDAY.O), which has a market value of about $43 billion … | Stephen Totilo / Game File: |
Netflix is closing game studios Night School Studio, which it acquired in 2021, and Moonloot, and is also cutting jobs from its internal games team — Oxenfree Night School and Moonloot closing, as streaming giant continues to shrink internal game studio operation| Reuters: |
SMIC co-CEO Zhao Haijun says the company raised prices following negotiations with customers in Q1, and that it will charge more for wafers processed in Q3 — China's top foundry, Semiconductor Manufacturing International Corp (0981.HK), said on Friday that AI-related demand would continue … | J.J. McCorvey / Bloomberg: |
A judge orders Kalshi to stop offering most of its prediction contracts in Washington state, after finding it likely violated state gambling-related laws — Kalshi was told by a judge to stop offering most of its prediction market contracts in Washington state, after regulators … | Reuters: |
Sources: Apple trained a China-specific LLM with Alibaba's support, which would make Apple the first foreign company to offer a proprietary AI model in China — Apple (AAPL.O) has trained a large language model specifically for the China market, three people familiar with the matter said … | Sarah Perez / TechCrunch: |
X makes the source code for its For You timeline available on GitHub and adds tools to let users see if X's ranking systems “shadowbanned” them — X is significantly expanding its open-source codebase, which includes the app's “For You” algorithm and its core ranking engine … | Ara Kharazian / Ramp: |
Ramp's July AI index: Anthropic's market share hit 43.5%, widening its lead over OpenAI; Fable 5 is only 6% of tokens businesses bought, likely due to high cost — Dear Colleagues: Today's letter includes my monthly update of Ramp AI Index, our flagship research using spend data from Ramp to track how American businesses are using AI.| Samantha Subin / CNBC: |
Databricks closed a $5B funding round at a $190B valuation, six months after raising $5B at a $134B valuation, and says it has crossed $7B in revenue run rate — Databricks on Thursday said it closed a $5 billion funding round at a $190 billion valuation. — The company said that it has … | Elias Schisgall / Wall Street Journal: |
Applied Materials reports Q3 revenue up 25% YoY to $9.12B, vs. $8.99B est., net income up 43% to $2.54B, and forecasts Q4 revenue above estimates — The company is looking to ramp up its manufacturing capacity to meet continued semiconductor solutions demand| Saritha Rai / Bloomberg: |
DeepSeek is raising V4 model prices, adding dynamic pricing from Aug. 16; V4-Flash output tokens go from $0.28/1M to $1.32 during peak hours and $0.66 off-peak — DeepSeek is steeply raising the prices for its flagship V4 models ahead of a potential initial public offering … | Jonathan Vanian / CNBC: |
Reddit will join the S&P 500 on August 18, becoming only the second pure-play social media company in the index after Meta; RDDT jumps 10%+ after hours — Reddit shares rose 11% in extended trading on Thursday on the social media company's inclusion in the S&P 500.| Krisztian Sandor / CoinDesk: |
Tether says KPMG completed Tether's first full audit and found its 2025 financial statements fairly presented its financial position in all material respects — Tether, the company behind the world's largest stablecoin USDT USDT — , said Thursday that it had completed a full financial audit … | Demetri Sevastopulo / Financial Times: |
The White House announces new tariffs on drones and components, including a 100% levy on “particularly sensitive” models, aiming to cut reliance on Chinese tech — US to impose up to 100% levies on unmanned aircraft and their components — President Donald Trump has imposed sweeping … | Bobby Allyn / NPR: |
Sources: the CFTC has launched a probe into prediction markets' “mention markets”, prompting Kalshi to remove bets on word choices from sports-related offerings — Federal regulators have launched a review of so-called “mention markets” on prediction market sites … | Washington Post: |
Flock says it will now require US law enforcement to label every license plate search with a criminal case number, after a WaPo investigation into police misuse — The license-plate-reader firm said it will require stricter oversight after a Washington Post investigation found dozens … | Lauren Feiner / The Verge: |
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.
Most carriers track everything. Cape doesn't. — Unlimited talk, text & data, 24-hr metadata deletion, network ID rotation, SIM-attack defense, and more. Switch today and get 29% off for life.
Celebrating 10 years of Zoho Marketplace — 30 Zoho products,2,900+ extensions and integrations,1 million+ users, and2 million installations.Zoho Marketplace celebrates a decade-long journey of adding timeless value …
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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| Patrick Howell O'Neill / Bloomberg: |