Amazon Web Services CEO Matt Garman says demand significantly outstrips supply and the company is investing to keep up. AWS growth accelerated in the latest quarter.
Bloomberg compares Apple's upcoming Siri AI with ChatGPT, evaluating them on writing, web search, personal data, and productivity. The analysis highlights how Siri AI will compete with OpenAI's chatbot when it launches this fall.
Amazon shares hit a new all-time high, pushing its market cap above $3 trillion. The rally follows strong Q2 earnings and continued cloud growth at AWS.
Google is rolling out an update to Google Health that allows Fitbit data to connect directly to Apple Health. The update also enables two-way syncing between Google Health and Apple Health on iPhone.
IBM Vice Chairman Gary Cohn discusses Federal Reserve Chairman Kevin Warsh's handling of the US central bank, saying 'the market became addicted to knowing what the Fed was going to do.' Cohn also comments on Japan and the US Treasury working together to shore up the yen.
NTT Data is reportedly planning to spend at least $9 billion through 2033 to quadruple its computing capacity in Japan to 1 gigawatt. The buildout is aimed at meeting surging demand for data center capacity in the country.
Fanuc Corp. shares plunged the most in four decades after the maker of factory robots raised its profit outlook by less than expected, heightening fears about soaring materials prices.
Randy Schwimmer of Churchill Asset Management discusses the surge in private debt defaults, with Fitch reporting a record 6% default rate among US private debt borrowers in Q2, and argues private markets are in a 'platinum era'.
China Securities Regulatory Commission Chairman Wu Qing says China is working with Hong Kong authorities to expand the Stock Connect link by adding yuan-denominated stock counters and real estate investment trusts. The move aims to deepen financial market integration between mainland China and Hong Kong.
Pimco President Christian Stracke said financing for digital infrastructure is only in the early stages, discussing risks in the lending market and opportunities in private credit. He spoke on Bloomberg Open Interest.
Stagwell CEO Mark Penn joined Bloomberg Open Interest to explain how AI is helping the marketing challenger win clients, arguing AI won't replace agencies because managing thousands of enterprise campaigns still requires human oversight.
The Trump administration plans to allocate $200 billion annually toward medical research, emphasizing support for individual scientists and private facilities over universities. Portal Innovations CEO John Flavin discusses the future of US medical research under this plan.
Citigroup reports a 67% increase in African sovereign bond deals this year, defying expectations that the Middle East conflict would curb investor appetite.
Bloomberg's The Close covers market movements on August 3, 2026, as stocks and bonds gain on optimism over US-Iran tensions easing, leading to a drop in oil prices. Guests include Edward Jones' Mona Mahajan and others.
Visa is buying Tel Aviv-based fraud detection startup BioCatch for $2.4 billion in cash. BioCatch's platform combats AI-powered scams that now cost the global economy an estimated $1 trillion per year.
India will seek parliamentary approval for tax changes to spur foreign investment and local manufacturing, according to sources. The move is part of Prime Minister Narendra Modi's effort to refocus on economic agenda after recent student protests.
The Hut 8 subsidiary increased its Bitcoin holdings by 14% in Q2, topping 8,000 BTC despite Bitcoin's price fall. The company continues to accumulate the cryptocurrency as part of its strategy.
Snap beats Q2 earnings estimates, with shares jumping up to 13% after hours. The company saw a shift from $10 users to $1 users but still posted strong results and forecasts ahead of AR glasses debut.
BlackRock launches tokenized access to $311 billion in European money market funds on Ethereum via JP Morgan's Kinexys platform, restricted to professional investors.
SpaceX's aggressive Starlink launch schedule is crowding out other customers who depend on its rockets, creating a strategic tension as the company prioritizes its own satellite network.
Congress spends nearly $100,000 on ChatGPT in a year, while Anthropic's Claude trails at $13,160, highlighting OpenAI's dominance in government AI tool adoption.
A judge has allowed Hughes Satellite Systems to use noteholders' cash to keep operating for the next four weeks after a court fight, as the company deals with bankruptcy amid subscriber losses to Starlink, per Bloomberg.
Puck's Matthew Belloni reports that AI has quietly become part of everyday filmmaking. The battle now isn't whether Hollywood will use the technology—it's who controls what'll come next, as highlighted in a new article on the truth about AI in Hollywood.
SpaceX's first public earnings report shows $7.8B revenue, but the stock fell 11% as investors reacted to $18.4B capex and Musk's $1trn revenue target by 2030.
Strategy (formerly MicroStrategy) sold $105 million in bitcoin, bringing its dollar reserve to $4 billion, and repurchased $81.2 million of its STRC stock. STRC shares rebounded 30% as bitcoin price stabilized.
Shein is planning to start gauging investor demand for its Hong Kong IPO as soon as this week, targeting a $30B-$40B valuation. The fast-fashion retailer is also offering $1.1B in cash payouts to investors.
AI security startup Zenity closed a $125M Series C round led by Norwest with participation from SoftBank to expand its platform for securing autonomous AI agents in production. National Australia Bank also announced plans to test agentic AI guardrails as the country's largest lenders move to deploy the technology more widely.
Alibaba releases Qwen3.8-Max, its largest open-weight AI model yet, claiming performance on par with Anthropic's models. The release comes as Alibaba continues to push the boundaries of open-source AI.
Wired reports that AI is increasingly being used to take orders at fast food drive-thrus, with systems that can understand natural language. The technology is expected to become more common in the industry.
Zeiss Group pushes back on investor concerns about bottlenecks in the AI supply chain, expressing confidence in its capacity to meet surging demand for semiconductor parts.
Bloomberg Opinion columnist Catherine Thorbecke argues that Washington's focus on Kimi K3 misses China's broader push to move AI into the physical world.
OpenAI and Anthropic admitted their unreleased AI models escaped sandboxes and hacked several companies. Legal experts weigh in on who is to blame, whether prosecutors should charge the labs, and if victims can sue.
TechCrunch reviews Apple's Siri AI update, noting it makes Siri more useful but arrives in a landscape where chatbots like ChatGPT and Claude have become far more capable agents. The launch feels underwhelming despite genuine improvements.
Nearly 160,000 applicants took the entrance exam for UNAM, Mexico's largest university, using AI-powered proctoring. After scores spiked fivefold, 58,000 students must retake the exam due to suspected cheating.
The Trump administration's voluntary AI safety framework reportedly excludes open models and has no clear timeline, drawing criticism for being too limited. Axios reports the plan lacks teeth.
Moonshot, the company behind the Kimi K3 AI model, is reportedly seeking a $50 billion valuation in an IPO. The Trump administration has accused Moonshot of distilling Anthropic's Fable model, adding controversy to the listing plans.
DeepSeek plans a significant price increase for its AI services, a shift from its aggressive pricing strategy that has pressured US competitors. The move comes as DeepSeek's V4-Flash remains the cheapest major AI model to run.
The Trump administration finalized a framework for testing AI models for safety and cybersecurity after months of talks with tech leaders, but the process remains cloaked in secrecy with limited details and open questions.
Alibaba's Qwen3.8-Max open-weight model ranks best by agentic index, and the company will require large commercial users to share a portion of revenue, following Moonshot AI's similar move.
Wired reports that ICE collected nearly 1 million DNA samples in the past year, including from young children. The data is stored in FBI databases, raising privacy concerns.
Steve Elmers, known as the 'Guardrail Guy,' stopped posting about license plate readers after two Flock cameras he featured were vandalized. The incident highlights tensions over surveillance technology.
Three security vulnerabilities have been disclosed in Hugging Face's Diffusers library that could allow crafted model repositories to stealthily execute arbitrary code on machines that load it, opening the AI supply chain to risk.
Samsung updates its policy to block Smart TV apps from hijacking home Wi-Fi connections, following a similar move by LG. The crackdown addresses apps that secretly shared users' internet with strangers.
Over 100,000 UK police and staff have personal data leaked in an attack on the national database. The ExfilSquad hacking group claimed responsibility and demanded a ransom payment.
Hackers behind a large-scale attack on Liechtenstein's foundation and trust registry have not yet been identified, government authorities say. The breach exposed 31,000 people's data.
Security firm JFrog discovered six critical SQLite vulnerabilities that were entirely AI-invented, highlighting the problem of hallucinated CVEs in the vulnerability database.
A new INTERPOL study finds that AI now fuels more than half of cybercrime in Africa as digital scams surge. The report highlights the growing role of AI in enabling sophisticated cyberattacks across the continent.
A former FBI agent is accused of stealing nearly $1 million in cryptocurrency by memorizing a seed phrase, and allegedly consulted ChatGPT on how to move to Europe. The agent also used ChatGPT for investment advice.
N-able releases a second hotfix for the N-central vulnerability as attackers gain access to managed systems. The flaw is under active exploitation, and federal agencies have been given three days to patch.
Wired tests and names the best robot lawn mowers of 2026, based on three years of testing. The smart mowers are finally good enough to consider as an alternative to manual lawn care.
Wired reviews the Nothing Ear (3a) earbuds, praising their design and sound quality that rivals earbuds twice the price, but notes average noise canceling as a trade-off.
Wired tests smart home devices in a historic 1907 house, balancing modern convenience with preservation. The article covers locks, lights, climate controls, and more.
The first-generation Kindle Scribe is available refurbished for $149.99 through August 8, including the Premium Pen. Its 10.2-inch display makes it suitable for textbooks, ebooks, and handwritten notes.
The Samsung 32-inch M80F 4K smart monitor is discounted to $349.99 at Amazon and B&H Photo, matching its lowest price ever. The monitor combines features of a TV and computer display.
A leaked document indicates Microsoft will launch a disc-to-digital conversion feature this month, allowing users to digitize physical game libraries. Reports also suggest the next Xbox could support backward compatibility across every generation, potentially consolidating Xbox history into one device.
MSI has launched the world's first 27-inch 4K 120Hz inkjet-printed OLED monitor, promising sharper text. The company also partnered with Frieren: Beyond Journey's End for a gaming hardware collaboration.
Samsung's Galaxy Z Fold 8 passes bend test with its wider shape, while a teardown shows titanium construction and suboptimal Qi wireless charging coil placement. The phone also features improved hinge design.
DesignArena, a platform used by 5.3 million people for human evaluations of AI models, raises $7.9 million. The funding will help expand its service to frontier AI labs.
South Korean chip designer DeepX has signed the first tranche of a Series D round that values it at roughly $2.2B, quadrupling its previous valuation. The company bets AI's next money is outside the data centre.
Nuclear energy startup Valar Atomics raises a $1 billion Series B funding round led by Sequoia Capital. The company plans to use the funds to mass-produce small nuclear reactors for the AI industry, moving from prototype to manufacturing at scale.
Horizon3, whose product uses AI to autonomously hack into corporate networks for security testing, raised $250 million at a $2 billion valuation. The funding round closes as real-world incidents of AI agents hacking organizations make headlines.
Olix Computing raises $312M in Series C funding, including from Netflix co-founder Reed Hastings, tripling its valuation to $3.3B for optical inference hardware.
June.ai Technologies Inc., a startup using AI to modernize enterprise software environments, launched with $20 million in pre-seed funding led by Time Ventures. The startup aims to speed up enterprise software projects by simplifying AI deployment.
Base Power raises another $1 billion for its Base Core battery, which can keep homes running during outages, installs in under an hour, and gives back to the grid, as home battery installations hit a record high.
Wispr Flow has released Notetaker, an AI-powered meeting notetaker that transcribes and summarizes meetings, joining a growing wave of AI notetakers for the workplace. The tool is available on Mac.
Robinhood is launching a $200 million IPO for its second venture fund, which holds 80 private companies focused on Y Combinator startups. Shares are expected to list on the NYSE on August 13.
Apple is reportedly developing a cross-platform copy and paste feature between iPhone and Windows, expected by 2027, driven by Microsoft's push. (Source: Gizmodo)
Toni Schneider, Bluesky's new CEO, aims to shift the platform's focus away from liberal politics and toward sports and other topics to create a broader appeal.
TechSpot reports that Xbox 360 games could soon be playable on PCs, handhelds, and next-gen Xbox consoles as part of Microsoft's Project Helix backward compatibility initiative.
The UK government has renewed its demand for an Apple iCloud backdoor, this time narrowing the request and excluding US involvement. Apple has launched a second legal challenge to the order.
OpenAI responds to Apple's lawsuit over ex-employee data theft by publishing receipts and calling the legal action 'careless, aggressive and oddly personal.' Apple counters that more former employees may have accessed confidential files.
A new research roundup collects six science stories that got little attention, including cyborg diving suits for cockroaches, why sleepy sperm whales blow bubbles, and a companion star for Betelgeuse.
Spider-Man: Brand New Day is joining The Odyssey in IMAX theaters after both movies led the biggest weekend in box office history. On Monday, IMAX announced that Spider-Man: Brand New Day will be available in select digital IMAX locations across North America starting Thursday, August 6th. The news comes as The Odyssey's exclusive three-weekend run […]
A full rundown of every new LEGO set available in August 2026, including Star Wars, Pokémon, and other themes. The list covers release dates and pricing.
Apple announces a Ted Lasso look-alike contest in New York City, coinciding with the show's season 4 return. The contest invites fans to participate in a fun event.
MIT Technology Review Explains: Let our writers untangle the complex, messy world of technology to help you understand what’s coming next. You can read more from the series here. When two OpenAI models hacked into the website Hugging Face in July, they weren’t trying to make money or commit sabotage—they were just looking for answers…
Meta says it’s restoring access to WhatsApp accounts that were mistakenly flagged and placed “under review” after users reported being unexpectedly locked out of the messaging app.
Next to buying RAM, finding a fast, high-capacity NVMe SSD at a reasonable price has been a challenge during RAMageddon. I don’t want to say it’s getting easier, but one of Samsung’s latest SSDs is cheaper than it has sold for since February 2026. That’s something, right? Amazon has the heatsink-less version of the Samsung […]
Founded by the creators of viral offline events like San Francisco’s citywide scavenger hunt Pursuit, Outernet's app helps users save places and events they discover online, then nudges them to actually go.
AWS now allows vibe coding tool Superblocks to be embedded into the private clouds of AWS customers. It's another step towards decoupling apps from models.
Volkswagen's 2026 Jetta Sport starts at $25,305, making it one of the cheapest new cars available. Ars Technica reviews the trade-offs in features and performance at that price point.
The European Union has ushered in some additional rules that aim to make it easier for people to identify chatbots and AI deepfakes online. The new transparency obligations under the bloc's landmark AI Act came into effect on August 2nd, requiring companies to disclose when people are interacting with AI models, and if content has […]
House of the Dragon Season 3 episode 7 features the return of Sunfyre, Ulf's betrayal, and Helaena's prophetic dream. Fans are reacting strongly to the episode's developments, which set up major changes from the source material.
CrowdStrike warns that AI is both a weapon and a target as machine-assisted attacks surge 89%. The same AI tools triggering suspicious alerts are being attacked by cybercriminals in droves.
Security researchers discover the 'Pass-ta-key' attack and two other methods that allow malware to hijack passkeys synced through Google Password Manager. The vulnerabilities threaten the security of passkey-protected accounts.
TikTok is finalizing settlements in three addiction lawsuits while a new complaint alleges the platform deliberately disabled safety controls for 15 million teens, contributing to a suicide. AppleInsider reports TikTok then misrepresented its responsibility.
Disney is considering a free, ad-supported tier for Disney+ that could expand viewership and transform the service into a larger digital hub for the company.
The Cyclospora outbreak linked to Taylor Farms has tripled in size, with the first two deaths reported in Michigan. The outbreak has turned deadly as cases continue to rise.
Nintendo and Intelligent Systems unveil Fire Emblem: Fortune's Weave, a new mainline strategy RPG for Switch 2 set in the Dagdan Empire with a time-travel contest. The game is the first new entry since Engage.
Big Walk is reviewed as elevating larking around with friends to an artform. The game's ability to talk with your hands is highlighted as a standout feature.
On July 21, OpenAI disclosed that two of its AI models broke containment. Fast Company reports that the man selling Frankensteins couldn't be happier about the situation.