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Cloudflare debuts Kitesurf, a cloud-hosted browser for AI agents built on top of its Workers serverless service, available for free while in beta in Browser Run (Sarah Perez/TechCrunch)

OpenAI says it has expanded safety testing around its upcoming model Astra as it "cannot rule out" critical cyber capabilities, potentially delaying its launch (Axios)

Singapore-based Multiplier, which acquires accounting firms to boost their growth with AI tools, raised a $35M Series B led by TheGP at a $300M valuation (Maria Armental/Wall Street Journal)

Nielsen agrees to acquire and take digital media monitor DoubleVerify private in an all-cash deal with a ~$2.15B enterprise value, expected to close by Q1 2027 (Brian Steinberg/Variety)

Singapore-based AI infrastructure startup Acrab raised a $130M Series B, bringing its total funding to more than $480M (Mars W. Mosqueda Jr/DealStreetAsia)

Ad measurement company VideoAmp cut ~20% of its staff this week, citing that "AI is a major platform shift"; sources: 50 to 60 were laid off, including the CTO (Nat Ives/Wall Street Journal)

Anthropic updates Claude Fable 5's biology safeguards to reduce false positives, cutting biology-related "fallbacks" by ~85% in testing across product surfaces (Anthropic)

At Black Hat, OpenAI reconstructs the OpenAI-Hugging Face incident and examines its implications for AI security, cyber resilience, and alignment (Black Hat on YouTube)

Take-Two reports Q1 bookings down 3% YoY to $1.39B, vs. $1.38B est., forecasts Q2 and FY 2027 bookings below est., and highlights excitement for GTA VI's launch (Deborah Sophia/Reuters)

Livestream shopping app Whatnot raised a $545M Series G led by Iconiq, Lightspeed, and Avra at a $20B valuation, up from an $11.5B valuation in October 2025 (Allie Garfinkle/Fortune)

Athens-based Omilia, which builds self-learning AI agents that work across different customer contact points, raised a $67M Series B led by Expedition Growth (Ivan Mehta/TechCrunch)

Sources: the US Commerce Department's BIS is reviewing how Chinese AI companies access Nvidia chips overseas, including by legally renting foreign data centers (Mackenzie Hawkins/Bloomberg)

The White House imposes price floors and a 15% tariff on products made from polysilicon, the raw material used in chips that is primarily produced by China (Reuters)

Atlassian CEO Mike Cannon-Brookes says he will buy $250M of company shares after strong Q4 results dispelled some fears that AI threatens its business model (Nic Fildes/Financial Times)

SK Hynix plans a $38B chipmaking expansion in South Korea, including building a ~$24.7B DRAM facility in Yongin and a ~$13.3B NAND fabrication plant in Cheongju (Yoolim Lee/Bloomberg)

Analysis: Google DeepMind has lost frontier-model momentum amid leadership and RL talent departures, with Google Cloud emerging as a winner with more compute (SemiAnalysis)

Sources: Google's AI shakeup is a seismic shift in the works for months and cements Sergey Brin's influence, after execs became frustrated with Demis Hassabis (Financial Times)

Sources: up to five people tied to US Cyber Command died by suicide from early June to early July 2026, prompting it to flag them as a potential suicide cluster (Bloomberg)

Filing: ex-a16z partner Bryan Kim is forming venture firm Mido Capital; sources: he plans to raise ~$100M for a fund backing early-stage AI and other startups (Yuliya Chernova/Wall Street Journal)

Sources: ByteDance is pretraining an AI model with up to 10T parameters, roughly 3x larger than Kimi K3 and larger than the 8T estimate for Anthropic's Mythos 5 (Financial Times)

Sources: an addendum to the bipartisan Clarity Act would force President Trump to divest from crypto businesses, letting him defer paying taxes on the gains (Bloomberg)

Sydney-based AI data center company Firmus raised $2B in funding from Coatue, Nvidia, and others at a $10.5B post-money valuation, up from $5.5B in April (Nichiket Sunil/Reuters)

Naïve, which provides infrastructure for AI agents to handle most business operations, raised a $28.5M Series A led by Nexus, bringing its total funding to $32M (Ram Iyer/TechCrunch)

Sources: Alibaba plans to ask heavy commercial users of its next Qwen open model for a share of revenue; Moonshot's Kimi K3 requires up to a 30% revenue share (Reuters)

Security researchers claim that Kimi K3 went outside of its sandbox during defensive cybersecurity tests, but did not hack anything after accessing the internet (Will Knight/Wired)

Q&A with Replit CEO Amjad Masad on why "vibe coding" is never about coding, the SaaSpocalypse, the "self-driving company", a CEO is a glorified router, and more (Casey Newton/Platformer)

A profile of DDN, a managed data storage company whose annual revenue is expected to grow from $300M pre-AI boom to $1B by year's end, fueled by AI partnerships (Iain Martin/Forbes)

New Mexico trial: a judge orders Meta to pay $567M and make changes for underage users after finding its platforms helped create a public nuisance harming teens (KOB 4)

Alphabet raises $25B in an investment-grade bond sale; sources say it attracted ~$115B of peak demand and that Alphabet plans to issue US debt twice per year (Bloomberg)

Atlassian reports Q4 revenue up 28% YoY to $1.77B, vs. $1.66B est., cloud revenue up 31% to $1.2B, forecasts Q1 revenue above est.; TEAM jumps 31%+ after hours (Arunesh Sinha/Reuters)

Twilio reports Q2 revenue up 22% YoY to $1.5B, above $1.43B est., and forecasts Q3 revenue above estimates; TWLO jumps 16%+ after hours (Reinhardt Krause/Investor's Business ...)

Sources: Canva cut its revenue growth forecast as popular new AI features drove up costs, forced it to slow their rollout, and more Canva users moved to ChatGPT (The Information)

Cloudflare reports Q2 revenue up 36% YoY to $696.1M, above $665M est., and forecasts Q3 revenue above estimates; NET jumps 17%+ after hours (Angela Palumbo/Barron's Online)

Instacart reports Q2 revenue up 14% YoY to $1.04B, GTV up 14% to $10.35B, above est., forecasts Q3 GTV and core profit above est.; CART jumps 8%+ after hours (Koyena Das/Reuters)

Roku reports Q2 revenue up 22% YoY to $1.35B vs. $1.3B est., net income of $164.2M, ad revenue up 25% to $673M, and subscription revenue up 26% to $548M (Todd Spangler/Variety)

Lyft reports Q2 revenue up 16% YoY to $1.84B, vs. $1.81B est., rides up 12% to 262.4M, and expects Q3 gross bookings growth to slow to 15%-19% (Kelly Cloonan/Wall Street Journal)

Airbnb reports Q2 revenue up 17% YoY to $3.6B, Nights and Seats Booked up 10% to 148.3M, above est., lifts 2026 revenue forecast; ABNB jumps 10%+ after hours (Natalie Lung/Bloomberg)

AMD acquires Toronto-based Taalas, which integrates model weights directly into silicon to boost inference performance, for an undisclosed sum (Tobias Mann/The Register)

Sources: OpenAI's new device, slated for 2027, is a hockey puck-sized smart speaker with moving parts that help give it personality, likely costing $300+ (Mark Gurman/Bloomberg)

Gravity, which places text-based ads within AI chatbots, raised a $30.5M Series A co-led by Lightspeed and Committed, taking its total funding to $38.5M (Lara O'Reilly/Business Insider)

Docs: US data labeling companies, like Surge AI and Mercor, that sell training datasets to US AI labs and the government are also selling them to Chinese labs (Anna Tong/Forbes)

Figma CEO Dylan Field forfeits ~$46M in stock awards to revive investor confidence amid AI disruption fears; FIG is down ~77% from its peak more than a year ago (Brody Ford/Bloomberg)

Scientists trained AI on genetic sequences to design viruses not found in nature, yielding 16 viable viruses that can infect bacteria but don't threaten humans (Carl Zimmer/New York Times)

Sources: Panthalassa, which aims to power data centers in the ocean using energy generated by waves, is raising $225M at a ~$2B valuation, up from $1B in May (Julia Hornstein/The Information)

Sources: Nscale told potential backers it generated $100M+ in Q2 revenue, up from ~$37M in Q1, and has ~$51B in contracts, ahead of a possible September US IPO (Bailey Lipschultz/Bloomberg)

Suno says it will adopt new audio watermarking tech, fingerprinting tech, transparency tools, and a new download policy to limit the spread of spammy AI music (Terrence O'Brien/The Verge)

Google and data: hackers used phone calls, phishing websites, and "meticulous" tactics to target dozens of US PE firms and other businesses over the past month (Reuters)

OpenAI updates the default model for free users to GPT-5.6 Luna, adds unlimited text chats for free users, rolls out an improved GPT-5.6 Sol version, and more (Herb Scribner/Axios)

OpenAI debuts Agent Plugins, an open standard for bundling skills and MCP servers, and says Amazon, Cursor, Microsoft, and Vercel are on its steering committee (Zac Hall/9to5Mac)

Western Digital falls 10%+ after issuing guidance that didn't quite match those of Seagate; Q4 revenue rose 44% YoY to $3.75B, above a $3.7B estimate (Nate Wolf/Barron's Online)