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Apple introduced a cap and a 30-day cool-off period on bug report submissions, citing a deluge of AI-assisted reports; researchers can request higher quotas (Financial Times)
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An investigation reveals Dubai-based unlicensed crypto exchange Shelbit has processed at least $4B as part of Iran's sanctions-evasion operation since May 2024 (Reuters)
Reuters : An investigation reveals Dubai-based unlicensed crypto exchange Shelbit has processed at least $4B as part…
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OpenAI says an internal version of Astra, its next big model, produced results for 10 problems in math, quantum complexity, and theoretical computer science (OpenAI)
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This year's Defcon badges include Baochip-1x, an open source chip whose security is verifiable and that can also be used as a hardware security token (Kim Zetter/Wired)
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At the UN AI for Good summit, a big Chinese delegation argued Chinese open-source AI models are the future for most of the world, while US presence was muted (J.D. Capelouto/Semafor)
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Inside Larry Ellison's debt-fueled push to turn Oracle into an AI juggernaut by aligning with Trump, backing Project Stargate, and partnering with OpenAI (New York Times)
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Toronto-based Terminal, whose API connects insurance products and commercial fleet software with telematics data, raised a $20M Series A led by Battery Ventures (Alex Riehl/BetaKit)
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Tel Aviv-based Bloom Security, which develops endpoint security tools for monitoring AI agents, extensions, and more, emerges from stealth with a $20M seed (Chris Metinko/Axios)
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Foundational Industries, which aims to build AI-run factories for physical products, starting with custom data center rack enclosures, raised a $25M seed (Lily Mae Lazarus/Fortune)
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Harmony, which offers AI-powered enterprise software for handling tasks such as employee onboarding and software access, raised a $34M seed led by Lightspeed (Geoff Weiss/Business Insider)
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ThreatLocker raised a $190M Series F led by Elephant as it looks to extend its zero-trust enterprise security platform to protect against AI-related risks (Kyle Alspach/CRN)
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ProphetX, a CFTC-designated sports prediction market that is also building a B2B business to sell its exchange infrastructure to other companies, raised $35M (Ryan Lawler/Axios)
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Sources detail how OpenAI fell behind Anthropic in revenue growth and valuation after prioritizing consumer chatbots and flashy side projects over coding tools (Berber Jin/Wall Street Journal)
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A US judge largely denies Perplexity and three data scraper firms' bid to dismiss Reddit's lawsuit over claims of copyright law violations under DMCA (Ashley Belanger/Ars Technica)
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Sensor Tower: India's mobile app market generated a record $345M in consumer spending in Q2, up 35% YoY; ChatGPT ranked No. 1 by downloads and No. 2 by revenue (Jagmeet Singh/TechCrunch)
Jagmeet Singh / TechCrunch : Sensor Tower: India's mobile app market generated a record $345M in consumer spending in…
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Cybersecurity experts fault Anthropic and OpenAI for sloppy safeguards and inadequate human oversight after their models broke into outside organizations (Bloomberg)
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The FTC clears quantum computing company IonQ's $1.8B acquisition of chipmaker SkyWater after the FTC's two members disagreed at first on imposing conditions (Jody Godoy/Reuters)
Jody Godoy / Reuters : The FTC clears quantum computing company IonQ's $1.8B acquisition of chipmaker SkyWater after…
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Sources: OpenAI demoed a new "Astra" AI model family to US policymakers and regulators this week, touting its improved abilities to complete long-running tasks (The Information)
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Filing: Amazon has completed its $50B investment in OpenAI; source: OpenAI received the final tranche this week, taking Amazon's position to roughly 5% (Financial Times)
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Amazon shares closed up 15.32% on Friday, the biggest one-day jump since April 2012, after the company reported accelerating AWS revenue (Spencer Soper/Bloomberg)
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Roblox shares close down ~27%, its worst-ever daily percentage decline, after the company forecasted declining bookings and slowing revenue growth (Kit Norton/Barron's Online)
Kit Norton / Barron's Online : Roblox shares close down ~27%, its worst-ever daily percentage decline, after the…
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Sources: OpenAI has discovered other instances where AI agents escaped containment; none of the agents were thought to have left OpenAI's network (Reuters)
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FBI and EPA say water and wastewater utilities in at least seven states reported cyberattacks this week, with some causing flooding and other operational issues (James Rundle/Wall Street Journal)
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Illinois Governor JB Pritzker signs the Children's Social Media Safety Act, a bill designed to limit children's access to "addictive" social media algorithms (Ben Szalinski/Capitol News Illinois)
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An in-depth account of the past two days inside Situational Awareness, as Aschenbrenner assured investors he would focus on changes to his portfolio management (Wall Street Journal)
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Google rolls back an image generation tool in Google Earth to add "stronger guardrails" after concerns arose it can be used to create deepfake satellite imagery (Geoff Brumfiel/NPR)
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Index Ventures has raised $2B in new capital: a $900M venture vehicle, $400M for seed financing, and an addition of $700M to a 2024 $1.5B growth fund (Mark Bergen/Bloomberg)
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Snap says its recommendation systems will be adjusted so only videos created by real people, not AI-generated ones, are eligible for Spotlight recommendations (Lauren Forristal/TechCrunch)
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Sources: NXP is in talks to buy Ambarella, which has a market cap of ~$3.3B and makes image-processing chips for security cameras and self-driving cars (Oliver Barnes/Financial Times)
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OpenAI says its models now have more than 1B active users and are used by more than 2M businesses (Katherine Hamilton/Wall Street Journal)
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Trump says he does not think Iran is behind a cyberattack on Minnesota water systems: "I think I blame it on Minnesota because they're grossly incompetent" (Reuters)
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Filing: Microsoft's product R&D roles declined for the second straight year as the company's total FY2026 headcount fell for the first time since 2016 (Todd Bishop/GeekWire)
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SpaceXAI says it will remove 69 gas turbines used to power the Colossus data centers near Memphis by July 2027, as it moves to a 1.2 GW natural gas power plant (Tim De Chant/TechCrunch)
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South Korea plans to inject ~$14B into its sovereign wealth fund for strategic investments in AI, data centers, and infrastructure, after a rout in tech stocks (Haram Lim/Bloomberg)
Haram Lim / Bloomberg : South Korea plans to inject ~$14B into its sovereign wealth fund for strategic investments in…
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AI-generated images, video, audio, and text on matters of public interest designed to look authentic must be labeled in the EU under the AI Act from August 2 (Jennifer Rankin/The Guardian)
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MediaTek says its board has approved a discretionary $5B financing budget to support long-term growth, including its expansion into AI chips for data centers (Wen-Yee Lee/Reuters)
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DeepSeek V4 Flash scores 50 on the Artificial Analysis Intelligence Index, matching Gemini 3.6 Flash and up 10 points from the preview launch in April (Artificial Analysis)
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Google starts rolling out access to Gemini Spark for Google AI Pro subscribers to over 160 countries and adds a Chrome auto browse integration on desktop (Abner Li/9to5Google)
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Sources: Moonshot has a computing power agreement with Alibaba for the use of ~20K Nvidia chips; some say the deal is for H200 chips, which Alibaba denies (Mackenzie Hawkins/Bloomberg)
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A German court rules that Suno has violated copyrights and must disclose illicit revenue after Germany's state-mandated licensing agency GEMA sued in 2025 (Elizabeth Grenier/Deutsche Welle)
Elizabeth Grenier / Deutsche Welle : A German court rules that Suno has violated copyrights and must disclose illicit…
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Sources: Eric Trump-backed Space-Eyes, which develops AI-powered defense tech for the public sector, agrees to go public via a SPAC merger at a $638M valuation (Reuters)
Reuters : Sources: Eric Trump-backed Space-Eyes, which develops AI-powered defense tech for the public sector, agrees…
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Sources: the Trump admin is weighing a $100K fee for foreign students seeking to work in the US after graduation; a judge blocked Trump's $100K H-1B fee in June (Michelle Hackman/Wall Street Journal)
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The EU Commission charges Temu with failing to cooperate during a December 2025 raid on its Dublin HQ as part of a probe into the company's foreign subsidies (Inti Landauro/Reuters)
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Letter: Situational Awareness is down ~67% in July, but remains up ~80% in 2026; sources say it planned to sell $3.5B of its Anthropic stake but backed out (Wall Street Journal)
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Chinese state media: Xi Jinping called for more defense applications using autonomous and AI technologies, as he pushes to build an advanced fighting force (Josh Xiao/Bloomberg)
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DeepSeek rolls out the official V4 Flash API in public beta, touting enhanced agent capabilities and benchmark scores "far surpassing" V4 Pro Preview (Newley Purnell/Bloomberg)
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New York sues Kalshi for alleged violations of its gambling laws; the CFTC files an emergency motion to stop the state's enforcement, calling it an "overreach" (Jonathan Stempel/Reuters)
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Australia's online safety regulator says social media use among under-16s fell to 81.5% in March 2026, compared to 85.9% before ban took effect in December 2025 (Angus Whitley/Bloomberg)
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Google Earth's Nano Banana 2 feature generates images of refugees near Mexico's border and a nuclear plant in Iran; Google says images carry a SynthID watermark (Henk van Ess/Digital Digging)
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