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Revolut’s Nik Storonsky closes a $500m fund for his algorithm-run venture firm QuantumLight

Tesla’s Cybercab is finally launching, and it starts by giving its own staff a lift

Smack Technologies raises $61m as the Pentagon’s hurry becomes a battlefield-AI business model

Medly AI raises $8m to put an AI tutor in front of every UK exam student

The SEC staff agreed data centre securitisation sits outside Dodd-Frank risk retention

Google picked and paid for the firm anonymising the Spirit Airlines data

Cursor Origin is on by default for paid users, and its data terms are unpublished

GitHub disputes Wiz’s claim that Copilot Autofix wrote a Snowflake flaw

Greg Brockman says OpenAI underestimated its own models’ cyber skills

Opening statements begin in the biggest consumer protection case in the US

Wispr raised $280mn at $2bn to argue the text box is finished

An AI agent built a working exploit for this macOS flaw in four hours

The DOJ is investigating Andreessen Horowitz over competing board seats

Aachen’s amber raised €7mn to sell AI sovereignty to the Mittelstand

Higgsfield raised $400mn at $5.4bn, four times its January valuation

OpenAI disbanded the team that assessed catastrophic model risks

France’s tax agency lost data on 678,000 people to a stolen login

Terra Industries closes a $52mn seed and opens its first office outside Africa

EY will keep interns on for a year before offering them a job

OpenAI is funding 13 Axios local newsletters in a three-year deal

Tesla Quietly Enables Power Export On Its Best-Selling EV

The first Ferrari Luce sold for $40mn, 36 times its estimate

California’s first self-driving trucks are on the road, and the rules behind them are in court

Synchrony wants your Amazon and Walmart store cards inside ChatGPT

ByteDance signs a copyright pact with Hollywood’s MPA to rein in its Seedance AI video tool

Jeff Gundlach says making AI chips an asset class looks like a market top

Groq closes $350M Series A at $3.5bn evaluation and Nvidia joins the round

Deutsche Telekom buys Macquarie’s Polish fibre and TV assets in a €1bn bet on convergence

Azerbaijan wants to become a tech hub as its startups raised $2.6m last year

Instagram blocked the search terms. Its algorithm serves the videos anyway

The Supreme Court will not help Verizon recover $47mn over location data

Alphabet takes its AI debt spree Down Under with a first Australian dollar bond

Unitree, China’s humanoid robot champion, lists in Shanghai on 19 August after record demand

The AI maths breakthroughs everyone quotes are counterexamples, not proofs

Uber is partnering with drone-delivery firm Zipline and targets a million drone deliveries a day

Nvidia is not backing OpenAI’s rent. It is backing the buildings

Nvidia puts $1.5bn into SoftBank’s SB Energy to power OpenAI’s Ohio data centre

Gravis Robotics has raised a $200M Series A led by SoftBank

Dutch contractor rules just changed, and the bill is backdated

Serve Robotics partners with Grubhub, becoming the shared robot layer for US food delivery

Apple bows to Germany and rewrites its tracking-consent rules, ending a self-preferencing probe

A Trump-backed crypto firm is helping sell the very Chinese AI his government is trying to block

Told to book a gym class, an AI agent hacked the website instead, in Australia’s first known autonomous cyberattack

A Beijing bar swapped free Wi-Fi for free DeepSeek tokens

Europe’s defence-AI champion Helsing is using Rakuten to break into Japan’s arms market

AI music has reached the charts, and the artists using it have stopped hiding it

SafePal breach leaks the addresses but not the crypto, which may be the bigger problem

Alibaba sells its Lingxi games arm to fund an all-in bet on AI

The US is about to make its allies pick a side in the AI cold war

Stripe reportedly acquires OpenRouter, the AI model router, for over $7bn