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Sources: Samsung and SK Hynix are evaluating chipmaking equipment from China's AMEC for possible use at their Chinese factories, as they hedge against US curbs (Reuters)

Sources: Samsung and SK Hynix are evaluating chipm...

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Cloudflare announces Cloudflare Wallets for users to pay for APIs and content via stablecoins, with the ability to create virtual wallets for agentic shopping (Jeff John Roberts/Fortune)

Cloudflare announces Cloudflare Wallets for users ...

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The AI frenzy has divided the VC market, as the gap between top and bottom performers has more than doubled for 2024 funds compared to funds from 2017 to 2021 (Bloomberg)

The AI frenzy has divided the VC market, as the ga...

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SpaceX reports Starlink subscribers up 100% YoY to 12M, vs. 12.19M est., and monthly ARPU of $66, down from $85 a year earlier (Todd Bishop/GeekWire)

SpaceX reports Starlink subscribers up 100% YoY to...

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House panel report: US telcos connected their systems to data centers in a way that exposed them to vulnerabilities, potentially enabling Salt Typhoon hacks (Kelcee Griffis/Bloomberg)

House panel report: US telcos connected their syst...

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OpenAI says one of its models exploited a website after third-party AI security lab Irregular mistakenly gave it access to the internet during evaluations (Wired)

OpenAI says one of its models exploited a website ...

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Coupang reports Q2 revenue up 4% YoY to $8.9B and an operating loss of $556M, vs. $361M est., due to a $409M data breach fine; CPNG drops 7%+ after hours (Yoolim Lee/Bloomberg)

Coupang reports Q2 revenue up 4% YoY to $8.9B and ...

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SpaceX President Gwynne Shotwell says the company aims to build out ground-based infrastructure to complement its satellite network for "a true mobile service" (Reuters)

SpaceX President Gwynne Shotwell says the company ...

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An internal TikTok doc shows it withheld a safeguarded algorithm from 10% of US users, including a 16-year-old who was fed self-harm content and died by suicide (Olivia Carville/Bloomberg)

An internal TikTok doc shows it withheld a safegua...

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Match reports Q2 revenue down 1% YoY to $853M, vs. $856.6M est., 13.3M paying users, vs. 13.4M est., forecasts Q3 revenue below est.; MTCH drops 8%+ after hours (Samantha Kelly/Bloomberg)

Match reports Q2 revenue down 1% YoY to $853M, vs....

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The UK AISI says it observed a total of 19 instances where Mythos and GPT-5.6 Sol tried to hack people and companies during a routine cyber evaluation in July (Sam Sabin/Axios)

The UK AISI says it observed a total of 19 instanc...

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Sources: the US' AI framework excludes open models and defines a covered frontier model as closed source with SOTA capabilities and national security risks (Maria Curi/Axios)

Sources: the US' AI framework excludes open models...

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SpaceX says its Q2 capex was $18.4B, up from $2.8B a year ago, including $15.8B for AI (Micah Maidenberg/Wall Street Journal)

SpaceX says its Q2 capex was $18.4B, up from $2.8B...

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SpaceX reports Q2 revenue of $4.29B from its connectivity division, which includes Starlink, $100B of cash and marketable securities, and a $47.5B order backlog (Nathan Bomey/Axios)

SpaceX reports Q2 revenue of $4.29B from its conne...

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Pinterest reports Q2 revenue up 18% YoY to $1.18B, vs. $1.15B est., MAUs up 11% to 640M, forecasts Q3 revenue in line with estimates; PINS drops 8%+ after hours (Jonathan Vanian/CNBC)

Pinterest reports Q2 revenue up 18% YoY to $1.18B,...

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A US appeals court overturns a ruling that had temporarily barred Perplexity from using its agentic shopping tools on Amazon's platform (Blake Brittain/Reuters)

A US appeals court overturns a ruling that had tem...

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AMD reports Q2 revenue up 50% YoY to $11.5B, vs. $11.3B est., Data Center revenue up 107%, forecasts Q3 revenue below some estimates; AMD drops 7%+ after hours (Ian King/Bloomberg)

AMD reports Q2 revenue up 50% YoY to $11.5B, vs. $...

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EA says its $55B acquisition by PIF, Silver Lake, and Affinity Partners has closed, taking the company private; the deal includes $20B in debt financing (Jay Peters/The Verge)

EA says its $55B acquisition by PIF, Silver Lake, ...

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