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  • Fri Jul 24

OpenAI cuts GPT-5.6 Sol's API and credit prices by over 20% for the next three months, to $4/1M input tokens and $20/1M output tokens (Anzar Mehraj/Reuters)

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Sources: Devoted Health, which uses AI to help coordinate medical care for those enrolled in Medicare Advantage, is raising new funding at a $25B valuation (Katie Roof/Business Insider)

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Nvidia says its general-purpose coding agent system AVO scored 100% across all 25 environments in the ARC-AGI-3 public set, completing all 183 levels (Terry Chen/NVIDIA Technical Blog)

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Anthropic hires Amir Salek, who ran Google's TPU business until 2022, to join its compute team as part of a push to develop its own chips (Dina Bass/Bloomberg)

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DHH launches Omacom Foundation, a non-profit supporting his Omarchy Linux distro, with $8M in funding from Michael Dell, Jack Dorsey, Patrick Collison, others (Omarchy News)

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OpenAI's VP of sales in the Americas, Kaylin Voss, has resigned a week after Denise Dresser left, and is returning to Salesforce, where she was Slack's CRO (Laura Bratton/The Information)

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The US DOJ and TikTok reach a $400M settlement to resolve allegations TikTok violated COPPA; the DOJ filed the lawsuit in 2024 (Ashley Gold/Axios)

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Sources: Apple is cutting 200+ jobs, including ~100 positions from the Vision Pro unit and another 100 from the Siri team, as it focuses on new devices and AI (Mark Gurman/Bloomberg)

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Anthropic says Mythos 5 is now in public beta in Claude Security for Enterprise users, and it is working with providers to embed Mythos 5 in defensive tools (Claude)

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Sources: London-based AI infrastructure startup Nscale is seeking to raise as much as $3B in its US IPO, which could take place as soon as September (Bailey Lipschultz/Bloomberg)

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Sources: the US Department of Energy is investigating whether Chinese lidar sensors might pose a security risk if they become widely used on vehicles in the US (Sean O'Kane/TechCrunch)

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Walmart, which has long resisted contactless Tap to Pay payments, says its stores will get the tech, which supports Apple Pay and Google Pay, by the end of 2026 (Sarah Perez/TechCrunch)

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Filings: Apple paid Ireland $17B in taxes in 2025, 40% of its $43B in global corporate income tax total, after an EU court ordered it to pay €13B in back taxes (Jamie John/Financial Times)

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A Dutch regulator fines Uber €825M for deactivating driver accounts through automated systems without informing them, in the second largest fine under GDPR (Financial Times)

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Space data center startup Starcloud raised a $250M extension, at a $2.3B valuation, to its March $170M Series A; source: Nvidia invested $25M (Tim Fernholz/TechCrunch)

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Kakao plans to spin off its chat app-based platform business into a company tentatively named KakaoAI and relist it on the Korea Exchange on January 27, 2027 (Reuters)

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Filings: The Shanghai Stock Exchange accepted China-based chipmaker YMTC's application to list its shares on the STAR Market; YMTC seeks to raise ~$4.9B (Reuters)

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DeepSeek unveils an experimental multimodal version of its V4 Flash model, saying it nears the performance of Anthropic's Opus 4.8 on multimodal agentic tests (Bloomberg)

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Patreon announces new and overhauled features, including recommendation algorithm changes aimed at making it easier for smaller creators to get discovered (Jess Weatherbed/The Verge)

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A look at London cab drivers' concerns and pushback against robotaxis, as Waymo and Wayve race to make London their European launch pad for driverless services (Financial Times)

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CBRE: NYC becomes the top tech talent market for the first time with 394,300 jobs, beating the Bay Area's 375,730, amid SF job cuts and NYC finance sector hires (Diana Olick/CNBC)

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Samsung unveils a $65.1B-$79.5B shareholder return package for 2026, combining dividends and share buybacks, calling it "the largest ever by a Korean company" (Jenny Lee/CNBC)

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Sources: Nvidia is in early talks with South Korean AI chip startup Rebellions for a potential deal, including a partnership, an investment, or an acquisition (Yoolim Lee/Bloomberg)

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China grants Geely a two-year permit for the country's first private satellite IoT trial, letting Geely offer connectivity to sectors like transport and energy (Ben Jiang/South China Morning Post)

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How the memory boom is reshaping Micron's hometown of Boise, Idaho: new millionaires, job growth, traffic, soaring housing costs, and uneven wealth distribution (CNBC)

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How crypto, AI, and online betting companies emerged as the biggest industries shaping the 2026 US midterm races, as corporate spending reaches a record $517M (Dawn Kopecki/Reuters)

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Brazil announces ~$444.2M in AI investments split between US and Chinese companies, including ~$250.3M for a supercomputing project with Huawei and iFlytek (Marcela Ayres/Reuters)

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Source: AI training data startup Micro1's gross annual run rate grew from $100M to $500M in the past eight months, putting net annual run rate at $150M-$200M (Marina Temkin/TechCrunch)

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Nevada approves permits letting Tesla deploy up to 5,000 robotaxis in the Las Vegas area over the next year, while Waymo and Uber are each allowed up to 1,000 (Kirsten Korosec/TechCrunch)

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A NJ teenager drops her lawsuit against Meta, Google, and Snap over alleged social media addiction, without any payment; TikTok previously settled her claims (Diana Novak Jones/Reuters)

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A US judge tosses part of the conviction of ex-Google engineer Linwei Ding, who was found guilty of stealing AI trade secrets to benefit two Chinese companies (Tom Hals/Reuters)

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OpenAI rolls out an Apple Messages plugin for ChatGPT on macOS, letting ChatGPT read, search, and analyze chats, prepare and send messages, and more (Zac Hall/9to5Mac)

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Super Micro says its independent probe found no evidence its CEO or senior management knew of an alleged scheme to smuggle $2.5B worth of Nvidia chips to China (Amanda Gerut/Fortune)

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Email: Apple Music tells industry partners that songs tagged as "materially generated using AI" by content providers will be visibly labeled on the service (Kristin Robinson/Billboard)

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Filing: in 2025, TikTok posted its first net profit of $702.5M in Europe, Africa, and Latin America on $9.1B in revenue, up 45.7% YoY (Iain Martin/Forbes)

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A bankruptcy court delays Google's $10M purchase of Spirit Airlines' data after former flight attendants sought assurances that their info would be removed (Alexander Gladstone/Wall Street Journal)

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Waymo says it has built an ASIC chip that will improve its robotaxis' reflexes and navigational skills and help it diversify away from companies like Nvidia (Edward Ludlow/Bloomberg)

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Circana: US video game hardware spending fell 29% YoY in July to $282M, the lowest since COVID; unit shipments fell 39% as average console prices hit $542 (Vlad Savov/Bloomberg)

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Anthropic-backed enterprise AI venture Ode is acquiring four-year-old AI consultancy Casper for an undisclosed fee; Ode has 100+ staff after buying Fractional (Julia Hornstein/The Information)

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Study: 150+ Polymarket wallets may have traded on internal US military information, making $8M overall with a 97.2% average win rate and attracting copycat bets (Douglas Gillison/Reuters)

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GTA 6 leaker CyberLeek releases more footage, including a video of a character spelling "leek" with bullet holes in a wall, suggesting direct access to the game (Robert Purchese/Eurogamer.net)

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Slack launches Slack Code, adding dedicated, project-specific code channels that let teams collaborate with AI coding agents "like teammates" across all plans (Jess Weatherbed/The Verge)

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Source: Meta is spending hundreds of millions per year to use trillions of AI tokens weekly via Azure, quietly becoming one of Microsoft's largest AI customers (Brody Ford/Bloomberg)

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Sources: Trump officials expect Elon Musk to spend $100M to $200M in the November midterm elections, with a focus on voter turnout in key races, including Texas (Hugo Lowell/Wired)

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Australia passes the News Bargaining Incentive, which will tax tech giants 2.5% on their Australian ad revenue unless they strike deals with local news media (Christine Chen/Reuters)

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PitchBook: California-based startups have raised ~$366B in 2026 so far across 4,000+ companies, more than triple the total of all other 49 states combined (Paul Kiernan/Wall Street Journal)

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Muon Space, which is building a spacecraft platform for orbital data centers and AI computing, raised a $250M Series C, with participation from Google (Yash Roy/Bloomberg)

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Stripe's OpenRouter acquisition, its largest yet, is a bet on a future where users turn to a mix of AI models and tokens are the central currency for businesses (Kate Clark/Wall Street Journal)

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Alibaba reports Q1 revenue up 9% YoY to ~$39.64B, meeting est., and net income down 75% to ~$1.54B due to heavy AI spending and weak domestic retail consumption (Luz Ding/Bloomberg)

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Binance launches Agent OS, a platform that lets AI agents analyze markets and execute trades on users' behalf; users set limits on AI agents' access and trades (Jagmeet Singh/TechCrunch)

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Entries updated Aug 24, 2026 03:57:53 AM PDT

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