The FTC clears quantum computing company IonQ's $1.8B acquisition of chipmaker SkyWater after the FTC's two members disagreed at first on imposing conditions — The U.S. Federal Trade Commission cleared quantum computing firm IonQ's (IONQ.N) $1.8 billion acquisition of chipmaker SkyWater Technology …
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Sources: OpenAI demoed a new “Astra” AI model family to US policymakers and regulators this week, touting its improved abilities to complete long-running tasks — OpenAI is preparing to release a new model family, tentatively using the name “Astra,” with improved abilities …
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Filing: Amazon has completed its $50B investment in OpenAI; source: OpenAI received the final tranche this week, taking Amazon's position to roughly 5% — Ecommerce giant has roughly 5% stake in AI lab after equity deal — Amazon has completed a $50bn investment in OpenAI …
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Amazon shares closed up 15.32% on Friday, the biggest one-day jump since April 2012, after the company reported accelerating AWS revenue — Amazon.com Inc. shares surged the most since 2012 after the company reported accelerating cloud-computing revenue, easing investors' concerns …
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Roblox shares close down ~27%, its worst-ever daily percentage decline, after the company forecasted declining bookings and slowing revenue growth — Choose Barron's as a preferred source of financial news — Key Points — Shares of Roblox tumbled Friday as Wall Street responded harshly …
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Sources: OpenAI has discovered other instances where AI agents escaped containment; none of the agents were thought to have left OpenAI's network — OpenAI has discovered other instances in which autonomous agents have escaped containment as the company expands its investigation …
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FBI and EPA say water and wastewater utilities in at least seven states reported cyberattacks this week, with some causing flooding and other operational issues — Water plants in at least seven U.S. states have reported attacks this week, with some affecting operations
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Illinois Governor JB Pritzker signs the Children's Social Media Safety Act, a bill designed to limit children's access to “addictive” social media algorithms — Cracking down on social media algorithms one of governor's top priorities this year — Article Summary
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An in-depth account of the past two days inside Situational Awareness, as Aschenbrenner assured investors he would focus on changes to his portfolio management — Leopold Aschenbrenner was hailed as the ‘Nostradamus of AI.’ But his Situational Awareness hedge fund took on too much leverage, leading to a crash he never saw coming.
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Google rolls back an image generation tool in Google Earth to add “stronger guardrails” after concerns arose it can be used to create deepfake satellite imagery — A day after Google unveiled a new feature that allowed users to create AI-generated satellite images with the click …
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Index Ventures has raised $2B in new capital: a $900M venture vehicle, $400M for seed financing, and an addition of $700M to a 2024 $1.5B growth fund — Index Ventures, an investor in cybersecurity firm Wiz and fintech Revolut, has raised $2 billion in new capital to back startups across multiple stages of development.
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Snap says its recommendation systems will be adjusted so only videos created by real people, not AI-generated ones, are eligible for Spotlight recommendations — Snapchat is the latest company to strengthen its stance against AI slop. The social network platform will no longer reward fully …
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Sources: NXP is in talks to buy Ambarella, which has a market cap of ~$3.3B and makes image-processing chips for security cameras and self-driving cars — Deal would land amid consolidation wave sweeping semiconductors as they position for AI revolution — NXP Semiconductors …
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OpenAI says its models now have more than 1B active users and are used by more than 2M businesses — The announcement comes after OpenAI said earlier this week it was cutting the price of several of its models — OpenAI has more than one billion active users and two million businesses using its artificial intelligence models.
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Filing: Microsoft's product R&D roles declined for the second straight year as the company's total FY2026 headcount fell for the first time since 2016 — The number of product research and development roles at Microsoft declined for the second straight year, according …
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Trump says he does not think Iran is behind a cyberattack on Minnesota water systems: “I think I blame it on Minnesota because they're grossly incompetent” — U.S. President Donald Trump at Camp David told reporters that he does not think Iran is behind a cyberattack on Minnesota water systems …
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SpaceXAI says it will remove 69 gas turbines used to power the Colossus data centers near Memphis by July 2027, as it moves to a 1.2 GW natural gas power plant — SpaceX said on Thursday that it will remove the unpermitted turbines powering its xAI data centers near Memphis as it transitions to a permanent …
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MediaTek says its board has approved a discretionary $5B financing budget to support long-term growth, including its expansion into AI chips for data centers — MediaTek (2454.TW), Taiwan's largest chip designer, said on Friday its board had approved a discretionary financing budget …
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South Korea plans to inject ~$14B into its sovereign wealth fund for strategic investments in AI, data centers, and infrastructure, after a rout in tech stocks — South Korea plans to inject 20 trillion won ($13.9 billion) into its sovereign wealth fund for strategic investments in AI …
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DeepSeek V4 Flash scores 50 on the Artificial Analysis Intelligence Index, matching Gemini 3.6 Flash and up 10 points from the preview launch in April — DeepSeek V4 Flash 0731 is one Intelligence Index point behind GPT-5.6 Luna (max, 51). Even after OpenAI's 80% price cut on GPT-5.6 Luna today …
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Google starts rolling out access to Gemini Spark for Google AI Pro subscribers to over 160 countries and adds a Chrome auto browse integration on desktop — Gemini Spark is getting two big updates today, starting with Chrome auto browse integration on desktop. — Previously, Gemini Spark had access to a remote web browser.
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Sources: Moonshot has a computing power agreement with Alibaba for the use of ~20K Nvidia chips; some say the deal is for H200 chips, which Alibaba denies — Chinese AI champion Moonshot has a computing power agreement with Alibaba Group Holding Ltd. for the use of around 20,000 Nvidia Corp. chips …
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AI-generated images, video, audio, and text on matters of public interest designed to look authentic must be labeled in the EU under the AI Act from August 2 — Companies must ensure people know when they are interacting with artificially generated images, audio and text designed to look real
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A German court rules that Suno has violated copyrights and must disclose illicit revenue after Germany's state-mandated licensing agency GEMA sued in 2025 — Germany's state-mandated licensing agency, GEMA, says the verdict has “global significance,” as Suno is also directed to pay yet-to-be-quantified damages.
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Sources: Eric Trump-backed Space-Eyes, which develops AI-powered defense tech for the public sector, agrees to go public via a SPAC merger at a $638M valuation — Defense technology company Space-Eyes has agreed to go public through a merger with special purpose acquisition company McKinley Acquisition Corp …
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Sources: the Trump admin is weighing a $100K fee for foreign students seeking to work in the US after graduation; a judge blocked Trump's $100K H-1B fee in June — Proposed policy would particularly affect Silicon Valley, Wall Street and universities — WASHINGTON—The Trump administration …
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