12 August 2026

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)

Paula Doenecke / Bloomberg:
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  —  Nebius Group NV reported a 514% jump in second-quarter sales for its cloud business following strong demand for AI computing power.

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Daily Deals

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)

Kate Knibbs / Wired:
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  —  Last week, an AI newsroom beat mainstream journalists—including WIRED—to a story about OpenAI and hacking.  It's just the beginning.

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Daily Deals

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)

Michael Nuñez / VentureBeat:
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  —  Skan AI, a startup that builds what it calls a “context graph of work” by observing how employees actually perform …

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Daily Deals

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)

Loni Prinsloo / Bloomberg:
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  —  Jumia Technologies AG secured $50 million in fresh equity funding from its biggest shareholder and the World Bank's International Finance Corp …

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Daily Deals

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)

Dwarkesh Patel / Dwarkesh Podcast:
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  —  A debate about recursive self-improvement.  —  Had Ryan Greenblatt on to discuss/debate recursive self-improvement.

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Daily Deals