▶ ai·
Longtime OpenAI Exec Brad Lightcap to Step Down
Longtime OpenAI Exec Brad Lightcap to Step Down WSJ
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▶ ai·
Flight tracking platform FlightAware sues Kalshi in New York, alleging Kalshi is using its data without permission to let users bet on flight cancellations (Jack Morphet/Wall Street Journal)
Jack Morphet / Wall Street Journal: Flight tracking platform FlightAware sues Kalshi in New York, alleging Kalshi is using its data without permission to let users bet on flight cancellations — FlightAware says…
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Sources: Anthropic is courting investors for what could be the biggest IPO ever, touting rapid growth and plans to address mounting public backlash against AI (Wall Street Journal)
Wall Street Journal: Sources: Anthropic is courting investors for what could be the biggest IPO ever, touting rapid growth and plans to address mounting public backlash against AI — Company is racing to public…
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How a clause in Elon Musk's Tesla pay package, worth up to ~$1T, could provide him a shortcut around lofty performance targets if Tesla merged with SpaceX (Wall Street Journal)
Wall Street Journal: How a clause in Elon Musk's Tesla pay package, worth up to ~$1T, could provide him a shortcut around lofty performance targets if Tesla merged with SpaceX — A critical clause in the CEO's…
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Exclusive | Anthropic Tries to Shore Up Investor Confidence Ahead of Blockbuster IPO
Exclusive | Anthropic Tries to Shore Up Investor Confidence Ahead of Blockbuster IPO WSJ
▶ ai·
Anthropic Tries to Shore Up Investor Confidence Ahead of Blockbuster IPO
Anthropic Tries to Shore Up Investor Confidence Ahead of Blockbuster IPO WSJ
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As AI salaries intensify competition in San Francisco's rental market, CoStar says average asking rent is up 18% in under two years to $3,728/month, passing NYC (Wall Street Journal)
Wall Street Journal: As AI salaries intensify competition in San Francisco's rental market, CoStar says average asking rent is up 18% in under two years to $3,728/month, passing NYC — Lack of housing supply is…
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Meta releases Muse Glimmer, a new open-weight model, and will release an open-weight version of its most advanced model, Muse Spark 1.2, in the coming weeks (Meghan Bobrowsky/Wall Street Journal)
Meghan Bobrowsky / Wall Street Journal: Meta releases Muse Glimmer, a new open-weight model, and will release an open-weight version of its most advanced model, Muse Spark 1.2, in the coming weeks — Mark…
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How credit card issuers and reservation apps like OpenTable and Amex-owned Resy fragment restaurant reservations, wiring the best tables into premium card perks (Wall Street Journal)
Wall Street Journal: How credit card issuers and reservation apps like OpenTable and Amex-owned Resy fragment restaurant reservations, wiring the best tables into premium card perks — After a flurry of deals, new…
▶ ai·
As PC makers start using CXMT RAM chips, Apple is testing them too, but it needs a custom version for its devices, and US rules block Apple from sharing designs (Wall Street Journal)
Wall Street Journal: As PC makers start using CXMT RAM chips, Apple is testing them too, but it needs a custom version for its devices, and US rules block Apple from sharing designs — Maker of iPhones talks to…
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A look back at "Move 37", a watershed AI moment from AlphaGo's 2016 Go victory, as math witnesses similar breakthroughs where AI makes surprising discoveries (Ben Cohen/Wall Street Journal)
Ben Cohen / Wall Street Journal: A look back at “Move 37”, a watershed AI moment from AlphaGo's 2016 Go victory, as math witnesses similar breakthroughs where AI makes surprising discoveries — A…
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Data Insight: Russia's largest online retailer Wildberries, which owes Russian banks $10B+ in loans, has lost as much as $5B in inventory to Ukrainian attacks (Wall Street Journal)
Wall Street Journal: Data Insight: Russia's largest online retailer Wildberries, which owes Russian banks $10B+ in loans, has lost as much as $5B in inventory to Ukrainian attacks — Plans for a megamerger were…
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A profile of Russia's A7, a payment network that helps Russia bypass Western sanctions, handling ~20% of payments in Russian foreign trade, or $100B+ annually (Alexander Osipovich/Wall Street Journal)
Alexander Osipovich / Wall Street Journal: A profile of Russia's A7, a payment network that helps Russia bypass Western sanctions, handling ~20% of payments in Russian foreign trade, or $100B+ annually — A7 says…
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How Amazon and Gilroy, California, quietly negotiated a $2B data center project that AWS applied to build in 2020, without any public meetings or votes (Zusha Elinson/Wall Street Journal)
Zusha Elinson / Wall Street Journal: How Amazon and Gilroy, California, quietly negotiated a $2B data center project that AWS applied to build in 2020, without any public meetings or votes — Company and Gilroy…
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Sources: Situational Awareness invested $500M, including $400M this week, into Source Foundry, a startup that plans to develop new AI chip manufacturing tools (Wall Street Journal)
Wall Street Journal: Sources: Situational Awareness invested $500M, including $400M this week, into Source Foundry, a startup that plans to develop new AI chip manufacturing tools — Investment marks the latest…
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OpenAI Pauses Some Work on New AI Model Over Cybersecurity Concerns
OpenAI Pauses Some Work on New AI Model Over Cybersecurity Concerns WSJ
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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)
Maria Armental / Wall Street Journal: 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 — The $300 million…
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Opinion | Don't Anthropomorphize Artificial Intelligence
Opinion | Don't Anthropomorphize Artificial Intelligence WSJ
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Ad measurement company VideoAmp laid off ~20% of staff this week, citing AI as a "major platform shift"; sources: 50-60 employees were cut, including its CTO (Nat Ives/Wall Street Journal)
Nat Ives / Wall Street Journal: Ad measurement company VideoAmp laid off ~20% of staff this week, citing AI as a “major platform shift”; sources: 50-60 employees were cut, including its CTO — Plus…
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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)
Yuliya Chernova / Wall Street Journal: 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 — Bryan Kim…
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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)
Kelly Cloonan / Wall Street Journal: 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% — The company's gross bookings…
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Datadog drops 15%+ after forecasting weaker full-year sales due to reduced usage from its largest client, a leading AI company; Q2 revenue rises 36% to $1.12B (Katherine Hamilton/Wall Street Journal)
Katherine Hamilton / Wall Street Journal: Datadog drops 15%+ after forecasting weaker full-year sales due to reduced usage from its largest client, a leading AI company; Q2 revenue rises 36% to $1.12B — The…
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SoftBank Uses OpenAI Stake to Borrow $10 Billion
SoftBank Uses OpenAI Stake to Borrow $10 Billion WSJ
▶ ai·
Lumilens, which is building data center optical-interconnection tech to replace wires with light, raised $700M at a $5.5B valuation, for $900M in total funding (Anissa Gardizy/Wall Street Journal)
Anissa Gardizy / Wall Street Journal: Lumilens, which is building data center optical-interconnection tech to replace wires with light, raised $700M at a $5.5B valuation, for $900M in total funding — Lumilens…
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Meta AI Model Hacked Outside Company, Adding to Concerns Over Rogue Bots
Meta AI Model Hacked Outside Company, Adding to Concerns Over Rogue Bots WSJ
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AppLovin reports Q2 revenue up 53% YoY to $1.92B, below $1.94B est., and forecasts Q3 revenue within estimates; APP drops 16% after hours (Kelly Cloonan/Wall Street Journal)
Kelly Cloonan / Wall Street Journal: AppLovin reports Q2 revenue up 53% YoY to $1.92B, below $1.94B est., and forecasts Q3 revenue within estimates; APP drops 16% after hours — The shortcomings in the latest…
▶ ai·
Meta is offering a cheaper Muse Spark 1.2 "contributor" tier priced at $0.10/1M input and $0.20/1M output tokens in exchange for using user prompts for training (Wall Street Journal)
Wall Street Journal: Meta is offering a cheaper Muse Spark 1.2 “contributor” tier priced at $0.10/1M input and $0.20/1M output tokens in exchange for using user prompts for training — The company…
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How Pringles maker Kellanova is using AI and a partnership with Siemens to improve production of the chip in Europe, including making digital twins of its dough (Isabelle Bousquette/Wall Street Journal)
Isabelle Bousquette / Wall Street Journal: How Pringles maker Kellanova is using AI and a partnership with Siemens to improve production of the chip in Europe, including making digital twins of its dough &mdash…
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FanDuel parent Flutter says CEO Peter Jackson is stepping down, replaced by President Dan Taylor, and lowers its profit outlook as its US business struggles (Wall Street Journal)
Wall Street Journal: FanDuel parent Flutter says CEO Peter Jackson is stepping down, replaced by President Dan Taylor, and lowers its profit outlook as its US business struggles — The parent company of FanDuel…
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A profile of livestream shopping app Whatnot, which added 20M accounts in 2025, facilitated the sale of ~$8B in goods, and is set for $1B+ in revenue in 2026 (Wall Street Journal)
Wall Street Journal: A profile of livestream shopping app Whatnot, which added 20M accounts in 2025, facilitated the sale of ~$8B in goods, and is set for $1B+ in revenue in 2026 — Whatnot's fast-moving auctions…
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White House AI Guidelines Exempt U.S. Open Models From Government Review
White House AI Guidelines Exempt U.S. Open Models From Government Review WSJ
▶ ai·
SpaceX says its Q2 capex was $18.4B, up from $2.8B a year ago, including $15.8B for AI; SPCX drops 6%+ after hours (Micah Maidenberg/Wall Street Journal)
Micah Maidenberg / Wall Street Journal: SpaceX says its Q2 capex was $18.4B, up from $2.8B a year ago, including $15.8B for AI; SPCX drops 6%+ after hours — SpaceX laid out $18.4 billion in capital investments…
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OpenAI to Pay $3.2 Million to Settle Claims It Discriminated Against U.S. Workers
OpenAI to Pay $3.2 Million to Settle Claims It Discriminated Against U.S. Workers WSJ
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OpenAI Calls Apple’s Trade-Secret Suit ‘Careless’ and ‘Oddly Personal’
OpenAI Calls Apple’s Trade-Secret Suit ‘Careless’ and ‘Oddly Personal’ WSJ
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OpenAI to Pay $3.2 Million to Settle DOJ’s Employee Discrimination Claims
OpenAI to Pay $3.2 Million to Settle DOJ’s Employee Discrimination Claims WSJ
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Sources: to fight critics on social media, DHS sent platforms hundreds of subpoenas and asked posters to sign letters saying speech about ICE "may" be a crime (Wall Street Journal)
Wall Street Journal: Sources: to fight critics on social media, DHS sent platforms hundreds of subpoenas and asked posters to sign letters saying speech about ICE “may” be a crime — Agency says its…
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Visa plans to acquire Israeli company BioCatch, which uses AI to detect fraud and distinguish legitimate users from attackers in real time, for $2.4B in cash (Katherine Hamilton/Wall Street Journal)
Katherine Hamilton / Wall Street Journal: Visa plans to acquire Israeli company BioCatch, which uses AI to detect fraud and distinguish legitimate users from attackers in real time, for $2.4B in cash — BioCatch…
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A look at the US open-weight AI model ecosystem, as VCs question the revenue potential of open-weight startups like Arcee, Reflection AI, and Poolside (Wall Street Journal)
Wall Street Journal: A look at the US open-weight AI model ecosystem, as VCs question the revenue potential of open-weight startups like Arcee, Reflection AI, and Poolside — Silicon Valley startups are setting up…
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Researchers used AI-assisted code to undetectably tamper with data from computerized scans of physical DNA evidence produced by widely used crime-lab machines (Mariah Timms/Wall Street Journal)
Mariah Timms / Wall Street Journal: Researchers used AI-assisted code to undetectably tamper with data from computerized scans of physical DNA evidence produced by widely used crime-lab machines — Researchers…
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Exclusive | Situational Awareness Down 67% in July in AI Stock Rout
Exclusive | Situational Awareness Down 67% in July in AI Stock Rout WSJ
▶ ai·
A profile of Jacob Tsimerman, who won the Fields Medal last week and is taking a leave from the University of Toronto to join OpenAI and work on AI safety (Ben Cohen/Wall Street Journal)
Ben Cohen / Wall Street Journal: A profile of Jacob Tsimerman, who won the Fields Medal last week and is taking a leave from the University of Toronto to join OpenAI and work on AI safety — Jacob Tsimerman won…
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Malaysia shuts down Network School, Balaji Srinivasan's techno-utopian project, over licensing issues; Srinivasan says he is opening a new campus in Kazakhstan (Wall Street Journal)
Wall Street Journal: Malaysia shuts down Network School, Balaji Srinivasan's techno-utopian project, over licensing issues; Srinivasan says he is opening a new campus in Kazakhstan — Balaji Srinivasan left…
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Rogue AI Hacks Herald New Era of Cyber Chaos
Rogue AI Hacks Herald New Era of Cyber Chaos WSJ
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Sources detail how OpenAI fell behind Anthropic in revenue growth and valuation after prioritizing consumer chatbots and flashy side projects over coding tools (Berber Jin/Wall Street Journal)
Berber Jin / Wall Street Journal: Sources detail how OpenAI fell behind Anthropic in revenue growth and valuation after prioritizing consumer chatbots and flashy side projects over coding tools — Bets on consumer…
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How OpenAI Lost Its AI Crown—and the Fight to Win It Back
How OpenAI Lost Its AI Crown—and the Fight to Win It Back WSJ
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The Math Superstar Who’s Terrified of AI—and Just Took a Job at OpenAI
The Math Superstar Who’s Terrified of AI—and Just Took a Job at OpenAI WSJ
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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 (James Rundle/Wall Street Journal)
James Rundle / Wall Street Journal: 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…
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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 (Wall Street Journal)
Wall Street Journal: 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…
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OpenAI says its models now have more than 1B active users and are used by more than 2M businesses (Katherine Hamilton/Wall Street Journal)
Katherine Hamilton / Wall Street Journal: 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…
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OpenAI Surpasses One Billion Users After Cutting Prices
OpenAI Surpasses One Billion Users After Cutting Prices WSJ