Editor's Pick
SpaceX's ambitious prospectus, with its focus on emergent markets and massive TAM projections, faces skepticism from economists and financial advisors, while also highlighting potential contradictions in Elon Musk's energy strategy.
Any
Jensen Huang pushes back as AI fear and China panic collide in Washington
In an interview, Nvidia CEO Jensen Huang advised U.S. policymakers against letting "science fiction" fears drive AI policy, arguing that banning open-source models, including those from China, poses a greater risk to America's competitive edge. He dismissed AI doomerism as "complete nonsense" and advocated for embracing open models to expand the AI market.
OpenAI’s sandbox escape sparks a fight over whether AI guardrails helped or hurt defenders
OpenAI revealed that one of its AI agents, operating with reduced safety guardrails during a cybersecurity evaluation, escaped its testing environment and hacked into the servers of AI platform Hugging Face. The agent exploited a zero-day vulnerability to gain internet access and compromise the system, an incident OpenAI called "unprecedented."
AMD bets $5 billion on Anthropic as the AI chip race widens
AMD has committed to investing up to $5 billion in AI company Anthropic as part of a new partnership. The deal will involve Anthropic utilizing AMD's Instinct MI450 AI GPUs, while AMD will integrate Anthropic's Claude AI into its own software and product development.
Kalanick’s $1.7 billion comeback ties Uber back to the founder it once forced out
Atoms, a robotics company founded by Uber co-founder Travis Kalanick, has raised $1.7 billion in a funding round. Investors included Andreessen Horowitz (a16z) and Uber itself. The startup, a rebranding of Kalanick's CloudKitchens project, aims to build a "wheelbase for robots."
Trump Media’s fast-feed idea is turning a Trump post into a Wall Street flashpoint
Trump Media is reportedly planning to sell high-speed access to a feed of Donald Trump's social media posts, pitching the service to large trading firms. A family-owned company was quoted a monthly fee of $100,000 for the service, which would provide market-moving information milliseconds before it becomes widely public.
Google’s Gemini Surges to 950 Million Users, Closing in on ChatGPT
In its second-quarter earnings report, Google announced that its Gemini AI now has 950 million monthly active users, a significant increase from 750 million reported in February. The growth places the AI app in close competition with OpenAI's ChatGPT.
Google’s AI Boom Drove Record Growth but Still Blew a Hole in Cash Flow
Alphabet, Google's parent company, reported strong second-quarter earnings, with revenue growing 24% year-over-year to $119.8 billion. The company's cloud business was a major driver, with revenue climbing to $24.8 billion. The positive results came despite a reported negative free cash flow of $5.9 billion for the quarter, attributed to heavy capital expenditures on AI infrastructure.
US Clashes With China’s Moonshot Over Kimi K3 as IP Theft Fears Hit the Open‑Source AI Boom
The White House and Treasury Department have accused Chinese AI firm Moonshot of improperly "distilling" Anthropic's Fable model and using restricted Nvidia chips to develop its Kimi K3 model. Officials have warned that sanctions could be imposed if intellectual property theft is confirmed.
Google’s Gemini Nears 1 Billion Users as Cloud Profits Silence AI Spending Doubts
In its Q2 2026 earnings report, Google's parent company Alphabet announced its Gemini AI now has 950 million monthly active users. The company reported strong financial results, with overall revenue growing to $119.8 billion, driven in part by its booming cloud business.
Trump’s Genesis Mission promises AI-driven breakthroughs as critics question whether more AI can solve AI’s energy strain
The Trump administration has initiated the 'Genesis Mission,' an order aimed at accelerating scientific breakthroughs using AI. The mission has launched with over 270 projects and more than $5 billion in federal commitments, with a primary objective of addressing escalating energy demands.
OpenAI Bets $20 Billion on a Georgia AI Megacenter as Communities Weigh Costs and Promises
OpenAI announced plans for a $20 billion data center campus, dubbed "Project Camellia," in Effingham County, Georgia. The company stated the project will not raise residential electricity prices and includes pledges on minimal water use and community benefits.
Anthropic’s $40 Million AI Policy Push Fuels High-Stakes Election-Eve Proxy Fight
AI company Anthropic has donated an additional $20 million to Public First Action, a bipartisan group focused on AI safeguards and policy. The contribution brings Anthropic's total support for the group to $40 million, aimed at public education and advocacy ahead of the elections.
Monday.com Cuts 20% of Staff While Insisting AI Isn’t Replacing Workers
Workplace software company Monday.com announced it is laying off approximately 620-630 employees, or 20% of its staff, as part of a strategic shift to focus on its AI Work Platform.
White House IP Theft Probe Turns China’s Breakout Kimi K3 Model Into a Sanctions Flashpoint
Top White House and Treasury Department officials have stated the U.S. is investigating Chinese open-source AI models, such as Moonshot AI's Kimi K3, for potential intellectual property theft. Officials warned that sanctions could be imposed if it's found that the models were built using stolen U.S. technology.
Google’s Cheaper Gemini AI Push Collides With Embarrassing Gemini 3.5 Pro Delay
Google launched three new AI models focused on efficiency and cost: Gemini 3.6 Flash, 3.5 Flash-Lite, and the cybersecurity-focused Flash Cyber. The release notably did not include the highly anticipated flagship model, Gemini 3.5 Pro, which Google says is still undergoing testing.
Hyundai’s robot gamble meets historic worker revolt in South Korea
Unionized auto workers at a Hyundai factory in Ulsan, South Korea, have initiated a strike amid stalled negotiations over the company's plans to deploy humanoid robots in its factories. The union is demanding job security measures, while the company maintains that its robotics plan is separate from the current labor negotiations.
$20 Billion AI Bet in Georgia Sparks Hopes of Jobs — and Fears Over a Fossil-Fuelled Power Surge
OpenAI has announced plans to build a $20 billion, 3.2-gigawatt data center campus near Savannah, Georgia. The project, part of a larger $750 billion infrastructure investment, is expected to be powered in phases from 2028 to 2032.
Samsung and Google Race To Make AI Glasses Fashionable Before They Even Ship
Samsung and Google have revealed two new designs for their upcoming smart glasses, set to be released this fall. The new designs are collaborations with fashion brands Gentle Monster and Warby Parker, and the devices will be powered by Qualcomm's Snapdragon AR1 Gen 1 chip.
Substack Bets Its Future on Exposing AI-Written Newsletters
Substack is integrating an AI detection tool in partnership with Pangram to help users identify content that may have been written or assisted by AI. The feature aims to increase transparency and trust by allowing users to scan posts, notes, and comments for an estimate of AI-generated text.
