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  • Sun Jul 12

Amsterdam-based neocloud Nebius reports Q2 cloud revenue up 514% YoY to $575M and total revenue of $582M, above $557M est.; NBIS rises 15%+, and is up 131% YTD (Paula Doenecke/Bloomberg)

18m
T

Skan AI, which is building a "context graph of work" by observing staff using enterprise software, raised a $63M Series C co-led by Cathay Innovation and Dell (Michael Nuñez/VentureBeat)

47m
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A look at AI news website RuntimeWire, which costs $100/day to run and "beat" human reporters to OpenAI's Black Hat disclosure, favoring quantity over quality (Kate Knibbs/Wired)

1h
T

African e-commerce company Jumia raised $50M, including $25M from the World Bank's IFC; Jumia's US-listed shares have fallen from $60+ in 2021 to $6 now (Loni Prinsloo/Bloomberg)

1h
T

The NYC Council sent letters to Polymarket, Kalshi, Coinbase, and Gemini Titan to investigate alleged deceptive marketing practices and targeting minors (Wall Street Journal)

1h
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AI code-testing startup Blacksmith raised a $45M Series B led by Peak XV Partners at a $550M valuation, up from $60M after it raised a $10M Series A in 2025 (Jagmeet Singh/TechCrunch)

1h
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Q&A with Redwood Research Chief Scientist Ryan Greenblatt on AI R&D, RSI, whether human expert data is bottlenecking progress, token prices, alignment, and more (Dwarkesh Patel/Dwarkesh Podcast)

1h
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A look at the challenges facing incoming Google DeepMind head Koray Kavukcuoglu, who joined DeepMind in 2012 and will oversee Gemini and frontier AI research (Kai Nicol-Schwarz/CNBC)

2h
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Former Alibaba star researcher Junyang Lin launches Shanghai-based Pragmatik Labs to build digital and physical AI agents; Pragmatik hit a $2B valuation in June (Juro Osawa/The Information)

2h
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Foxconn reports Q2 revenue up 41% YoY to ~$78.4B, with cloud and networking products contributing 50%+ for the first time, and net profit up 35% to ~$1.86B (Sherry Qin/Wall Street Journal)

2h
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Tencent reports Q2 revenue up 11% YoY to ~$30.4B, above ~$30B est., and net income of ~$8.3B, driven by surging WeChat advertising and resilient game spending (Bloomberg)

2h
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Stockholm-based AI coding startup Lovable raised $400M at a $13.3B valuation, up from $6.6B in December 2025, becoming one of Europe's most valuable startups (Ben Dummett/Wall Street Journal)

3h
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Sources: AI coding startup Cognition is in early talks with investors to raise $1B+ at a $40B+ valuation, after raising $1B at a $26B valuation in May (Rebecca Torrence/Bloomberg)

4h
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Some health and fitness obsessives are using AI for hyperpersonalized training, building custom dashboards and tools to analyze their sleep, workouts, and diet (Wall Street Journal)

6h
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Briter: Africa-focused startups raised $3.3B in H1 2026, up 73% YoY, driven by Zipline's $950M raise; US- and UAE-incorporated entities raised half the capital (Nduka Orjinmo/Bloomberg)

7h
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Bengaluru-based Yulu, which gets ~95% of its revenue from renting e-bikes to gig workers, raised a $93M Series C, sources say at a ~$170M post-money valuation (Jagmeet Singh/TechCrunch)

7h
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Sources: Singapore-based data center operator DayOne confidentially files for a US IPO, aims to list as soon as next quarter, and is considering raising ~$5B (Bloomberg)

7h
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Researchers say suspected Chinese hackers used open-source AI agents to build an autonomous hacking tool that compromised Taiwanese government websites in July (Tom Wilson/Financial Times)

7h
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OpenAI VP of Global Policy Ann O'Leary says AI policy in the US is anchored in the states and informed by California's AI transparency law passed in 2025 (Chase DiFeliciantonio/Politico)

7h
T

A look at Candy Crush's continued popularity 15 years after its launch, with an estimated 81.5M MAUs and in-app revenue of $876.5M in FY 2025 (Alanna Okun/Bloomberg)

11h
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A profile of Suno, which has been used by more than 100M people since 2023 and has 2M+ paid subscribers, as it faces copyright lawsuits from UMG and Sony Music (Bloomberg)

12h
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OpenAI launches a ChatGPT desktop app for Linux in preview, supporting ChatGPT Work, Codex, and more; Computer Use outside the in-app browser is not available (Frederic Lardinois/The New Stack)

13h
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The US CFTC uses its "emergency authority" to order Kalshi to continue operating in New York after the state filed a lawsuit in July seeking to shutter Kalshi (Nikhilesh De/CoinDesk)

14h
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Source: Kalshi's annualized revenue topped $4B in July, up from $2B+ two months earlier, and its operating expenses totaled $300M in June (Yueqi Yang/The Information)

14h
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Accel raised $3.5B in funds for early-stage investments, including a $1.35B global expansion fund for larger early-stage rounds and rapid follow-on investments (Natasha Mascarenhas/Bloomberg)

15h
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Researchers find that feeding a frontier model's encrypted reasoning traces to a weaker model from the same provider can make it output the traces in plaintext (Will Knight/Wired)

15h
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Sources: former OpenAI Chief Product Officer Kevin Weil is aiming to raise $150M for a new AI science startup, seeking a valuation of at least $750M (Business Insider)

15h
T

CoreWeave reports Q2 revenue up 112% YoY to $2.58B, vs. $2.56B est., and a $104B revenue backlog, with 1.5 GW of contracted power; CRWV jumps 9%+ after hours (Jordan Novet/CNBC)

16h
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Super Micro reports Q4 revenue up 93% YoY to $11.1B, vs. $11.3B est., and forecasts Q1 and FY 2027 revenue above estimates; SMCI jumps 9%+ after hours (Dina Bass/Bloomberg)

16h
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Filings show Uber divested from long-time partner Serve Robotics in Q2, as the companies clash over how to deploy delivery robots; Serve has a DoorDash deal (Natalie Lung/Bloomberg)

16h
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Similarweb: Bluesky's mobile MAUs fell 27% YoY to 10.4M in June and DAUs fell 26% to 3M in July; X's mobile MAUs fell 3% to 302M and DAUs fell 7% to 123.7M (Sarah Perez/TechCrunch)

17h
T

Royal Bank of Canada and Bank of Montreal agree to sell payments company Moneris to PE firm Francisco Partners for CA$2B in cash, splitting proceeds equally (Bloomberg)

18h
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Sources: David Sacks' Craft Ventures is targeting around $1B for a new fund, its first since Sacks stepped down as the White House AI and crypto czar (The Information)

18h
T

SpaceXAI rolls out Grok Bot AI agent app in beta on Mac, iOS, Windows, and Linux, initially for SuperGrok Heavy, Cursor Ultra, and Cursor Teams Premium users (Zac Hall/9to5Mac)

19h
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Sources: Nvidia is developing a Nemotron 4 model with 1T+ parameters, up from Nemotron 3 Ultra's 550B parameters but smaller than leading Chinese open models (The Information)

19h
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Sundar Pichai says Gemini has hit 1B+ MAUs, the company's fastest-growing product ever and its 14th product to hit the 1B-user mark (Sundar Pichai/@sundarpichai)

19h
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Brad Lightcap, who most recently led OpenAI's special projects division and formerly was its COO, says he is leaving the startup "to start something new" (Stephanie Palazzolo/The Information)

20h
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Flight tracking platform FlightAware sues Kalshi in New York, alleging Kalshi is using its data without permission to let users bet on flight cancellations (Jack Morphet/Wall Street Journal)

20h
T

Sources: Phia co-founders Phoebe Gates and Sophia Kianni pushed for and were aware for seven months of using "cookie stuffing" to claim affiliate commissions (Bloomberg)

21h
T

eToro agrees to acquire US-focused online brokerage TradeZero for up to $231M in cash and stock; TradeZero had ~$80M in revenue over the 12 months ended June 30 (Daniel Kuhn/The Block)

21h
T

Source: Trajectory, founded by ex-DeepMind, Apple, OpenAI, and Meta staffers to build continual learning models, raised $40M led by Sequoia at a $300M valuation (Stephanie Palazzolo/The Information)

22h
T

River Markets, which gives professional traders a single place to trade across multiple prediction markets, raised an $8.5M seed led by Haun Ventures (Camila Grigera Naón/Fortune)

22h
T

Manus says it will "soon return to operating as an independent company", implying it is close to reversing its acquisition by Meta, after China's order in April (Jing Yang/The Information)

22h
T

TSMC and Sony plan to form Advanced Vision Semiconductor Manufacturing Corp, a $4.69B joint venture in Japan to make next-gen smartphone image sensors from 2029 (Reuters)

23h
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Nvidia releases Nemotron 3.5 Lightning, an open 30B-parameter MoE model, and NeMo Switchyard, an open-source model routing library for AI agents (Kyt Dotson/SiliconANGLE)

23h
T

Spotify plans to roll out AI Persona labeling in mid-September for profiles that do "not represent a real person" and says it will use human review and AI tools (Emma Roth/The Verge)

23h
T

Bumble rolls out a global update that lets any user send an opening message after they match, marking a major reversal from its signature women-go-first model (Samantha Kelly/Bloomberg)

23h
T

Apple's iOS 27 beta 5 contains references to six unreleased iPhones: iPhone Ultra, iPhone Air 2, iPhone 18 Pro, iPhone 18 Pro Max, iPhone 18, and iPhone 18e (Filipe Esposito/Macworld)

23h
T

IBM and Together AI sign a $240M, multiyear deal to build an AI inference cluster on IBM Cloud, using Nvidia's HGX B300 systems, to support open-source models (Anhata Rooprai/Reuters)

1d
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Big Tech's AI boom echoes the 1870s railroad buildout, and Nvidia shifting risk to institutional capital may expose investors if AI revenues fail to materialize (Ben Thompson/Stratechery)

1d
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Entries updated Aug 12, 2026 05:13:23 AM PDT

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