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Chip equipment maker Lam Research plans to invest $3B+ over five years to expand its global R&D network, as it seeks to increase its experiment capacity by 50%+ (Anzar Mehraj/Reuters)

DeepSeek debuts DeepSeek Harness under the MIT license in developer preview, touting a design where "everything is a plugin" that can be swapped out as a plugin (Carl Franzen/VentureBeat)

Sources: Alibaba is nearing a deal to sell its Lingxi Games to PE firm Trustar Capital at a potential $1.5B+ valuation, as Alibaba continues its reorganization (Bloomberg)

Epic v. Google: in a compliance hearing, a judge orders Google to remove "anticompetitive friction" for installing third-party app stores from its Play Store (Sean Hollister/The Verge)

Sources: JPMorgan Chase terminated its banking relationship with Polymarket in 2025 over regulatory concerns, though it still maintains some ties to the company (Financial Times)

Blackbird and Airtree revalue Canva at $34.9B, down from $42B in 2025, as it struggles in the AI era; Canva's internal valuation falls to $31B, down from $38.9B (Australian Financial Review)

Z.ai debuts GLM-5.3, which uses the same base model as GLM-5.2 with scaled post-training for stronger coding skills, and says it'll release weights in two weeks (Z.ai)

A look at Quincy, a rural Washington farming town of 8,500 that benefited from a data center boom as its poverty rate fell from 29.4% in 2012 to 6.2% in 2024 (Nathaniel Meyersohn/CNN)

The White House puts tariffs on drones and their components, including a 100% levy on "particularly sensitive" models, aiming to cut US reliance on Chinese tech (Demetri Sevastopulo/Financial Times)

Sources: Apple trained a China-specific LLM with Alibaba's support, which would make Apple the first foreign company to offer a proprietary AI model in China (Reuters)

SMIC co-CEO Zhao Haijun says the company raised its prices following negotiations with customers in Q1, and that it will charge more for wafers processed in Q3 (Reuters)

Sources: the CFTC has launched a probe into prediction markets' "mention markets", prompting Kalshi to remove bets on word choices from sports-related offerings (Bobby Allyn/NPR)

Pony AI plans to deploy 2K+ robotaxis across Europe in partnership with Uber and add four more European cities, after Zagreb, with a later Middle East expansion (Bloomberg)

A profile of Amy Kremer, a pro-Trump activist who helped organize the January 6 rally and currently chairs the grassroots anti-data center group Humans First (Veronica Irwin/Transformer)

Current and former OpenAI employees say pressure to quickly ship products left less time for safety, contributing to incidents like the rogue agent hack (Maxwell Zeff/Wired)

Applied Materials reports Q3 revenue up 25% YoY to $9.12B, vs. $8.99B est., net income up 43% to $2.54B, and forecasts Q4 revenue above estimates (Elias Schisgall/Wall Street Journal)

Charter receives final state approval to buy Cox for $21.9B after making concessions to California regulators, including low-cost internet for some households (Patience Haggin/Wall Street Journal)

Epic v. Apple: Apple proposes commissions on US linked-out purchases of 15% for standard apps, 10% for partner programs and renewals, 5% for Small Business apps (Marcus Mendes/9to5Mac)

A judge orders Kalshi to stop offering most of its prediction contracts in Washington state, after finding it likely violated state gambling-related laws (J.J. McCorvey/Bloomberg)

Sources: OpenAI is on track to generate annualized revenue of $40B+ based on its current performance, roughly doubling its run rate from the end of 2025 (Bloomberg)

A profile of Camilla Clark, quiet adviser to husband Dario Amodei and behind-the-scenes player at Anthropic; she once pitched a porn startup to Jeffrey Epstein (The Information)

Reddit will join the S&P 500 on August 18, becoming only the second pure-play social media company in the index after Meta; RDDT jumps 10%+ after hours (Jonathan Vanian/CNBC)

OpenAI launches Computer History, an opt-in feature that turns recent computer activity on macOS into memories and a timeline that ChatGPT and Codex can use (Frederic Lardinois/The New Stack)

Netflix is closing game studios Night School Studio, which it acquired in 2021, and Moonloot, and is also cutting jobs from its internal games team (Stephen Totilo/Game File)

Anthropic details multiagent experiments showing Claude agents can wage a "turf war" over incompatible goals, fail to coordinate, collude on prices, and more (Rebecca Bellan/TechCrunch)

Sources: Silver Lake is in talks to acquire HR and financial management software maker Workday, which has a market value of ~$43B; WDAY jumps 18%+ (Milana Vinn/Reuters)

Tether says KPMG completed Tether's first full audit and found its 2025 financial statements fairly presented its financial position in all material respects (Krisztian Sandor/CoinDesk)

Sources: Vantage Data Centers, a major hyperscale developer, is exploring options including a sale or an IPO at a valuation of about $100B as soon as next year (Reuters)

US-based robot vacuum maker Matic rolls out a firmware update that lets users control its $1,245 vacuum with voice commands in more than 70 languages (Chris Welch/Bloomberg)

OpenAI previews Ultrafast, an API tier powered by Cerebras that runs GPT-5.6 Sol up to 14× faster and generates up to 750 output tokens per second (Zac Hall/9to5Mac)

Google unveils Gemini 3.7 Flash, its "most intelligent workhorse model" for coding and agents, pricing it at $0.75/1M input and $3.75/1M output tokens at launch (Tulsee Doshi/Google)

X makes the source code for its For You timeline available on GitHub and adds tools to let users see if X's ranking systems "shadowbanned" them (Sarah Perez/TechCrunch)

Ramp's July AI index: Anthropic's market share hit 43.5%, widening its lead over OpenAI; Fable 5 is only 6% of tokens businesses bought, likely due to high cost (Ara Kharazian/Ramp)

OpenAI hires Dali Rajic, COO of Alphabet's Wiz, as chief revenue officer, replacing ex-Slack CEO Denise Dresser, who was hired in December 2025 and will leave (Shirin Ghaffary/Bloomberg)

HPE secures court approval for its settlement with the US DOJ over its takeover of networking company Juniper, defeating a challenge by Democratic state AGs (Bloomberg)

Tech hardware companies report the highest US CBP tariff refunds at $2.5B across six companies, including $2.2B in refunds to Apple alone; Amazon received $640M (Wall Street Journal)

Sources: AMD plans to raise as much as $5B in what could be the chipmaker's biggest-ever investment-grade bond sale, as it ramps up spending to meet AI demand (Brian W Smith/Bloomberg)

DeepSeek raises prices, adding dynamic pricing, ahead of a potential IPO; V4-Flash output tokens go from $0.28/1M to $1.32 during peak hours and $0.66 off-peak (Saritha Rai/Bloomberg)

Databricks closed a $5B funding round at a $190B valuation, six months after raising $5B at a $134B valuation, and says it has crossed $7B in revenue run rate (Samantha Subin/CNBC)

Microsoft begins merging its consumer and commercial Copilot apps into a single app, with a mobile and web rollout in mid-August and desktop in mid-September (Todd Bishop/GeekWire)

Inside SK Hynix's $720B Yongin Cluster, which it says will be the world's largest network of memory factories and is set to go into production in February 2027 (Katie Tarasov/CNBC)

Flock CEO Garrett Langley acknowledges the startup "got this one wrong" and says Flock is assuming greater responsibility for how law enforcement uses its tech (Lauren Feiner/The Verge)

Flock says it will now require US law enforcement to label every license plate search with a criminal case number, after a WaPo investigation into police misuse (Washington Post)

Didi reports Q2 revenue up 11% YoY to ~$9.3B, a ~$128M net income after two consecutive quarterly losses, and China mobility transaction value up 9% to ~$13.4B (Luz Ding/Bloomberg)

Accelerant, which uses data analytics to connect insurance underwriters with risk capital partners, agrees to go private with Thoma Bravo in a $4.4B deal (Katherine Hamilton/Wall Street Journal)

JD.com reports Q2 revenue down 2.9% YoY to ~$51.4B and net income of ~$1.1B, above ~$964M est., driven by JD Retail profitability and narrowing food losses (Luz Ding/Bloomberg)

SMIC reports Q2 revenue up 36% YoY to ~$3B, net profit up 3x+ to ~$479.2M, above ~$283.1M est., and a 25.3% gross margin, driven by strong mature-node orders (Sherry Qin/Wall Street Journal)

Filings and sources: Microsoft closed 15+ branch offices and joint ventures in China over the past five years, amid China pushing domestic software since 2017 (Reuters)

CXMT overtakes Tencent to become the most valuable Chinese company, with a ~$524B market cap, above Tencent's ~$510B; CXMT's Shanghai shares jumped 460%+ at IPO (Bloomberg)

Amsterdam-based Adyen reports H1 2026 net revenue up 19% YoY to €1.3B, processed volumes up 24% YoY to €803.8B, and EBITDA of €641.5M; ADYEN.AS rises 12%+ (Adam Whittaker/Wall Street Journal)