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Sources: Canva slashed revenue growth forecast as heavy use of new AI features drove up costs and slowed their rollout, while more Canva users turned to ChatGPT (The Information)

Sources: Canva slashed revenue growth forecast as ...

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Cloudflare reports Q2 revenue up 36% YoY to $696.1M, above $665M est., and forecasts Q3 revenue above estimates; NET jumps 17%+ after hours (Angela Palumbo/Barron's Online)

Cloudflare reports Q2 revenue up 36% YoY to $696.1...

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Instacart reports Q2 revenue up 14% YoY to $1.04B, GTV up 14% to $10.35B, above est., forecasts Q3 GTV and core profit above est.; CART jumps 8%+ after hours (Koyena Das/Reuters)

Instacart reports Q2 revenue up 14% YoY to $1.04B,...

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Roku reports Q2 revenue up 22% YoY to $1.35B vs. $1.3B est., net income of $164.2M, ad revenue up 25% to $673M, and subscription revenue up 26% to $548M (Todd Spangler/Variety)

Roku reports Q2 revenue up 22% YoY to $1.35B vs. $...

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Roku reports Q2 revenue up 22% YoY to $1.35B vs. $1.3B est., net income of $164.2M, ad revenue up 25% to $673M, and subscription revenue up 26% to $548M (Todd Spangler/Variety)

Roku reports Q2 revenue up 22% YoY to $1.35B vs. $...

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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)

Lyft reports Q2 revenue up 16% YoY to $1.84B, vs. ...

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Airbnb reports Q2 revenue up 17% YoY to $3.6B, Nights and Seats Booked up 10% to 148.3M, above est., lifts 2026 revenue forecast; ABNB jumps 10%+ after hours (Natalie Lung/Bloomberg)

Airbnb reports Q2 revenue up 17% YoY to $3.6B, Nig...

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AMD acquires Toronto-based Taalas, which integrates model weights directly into silicon to boost inference performance, for an undisclosed sum (Tobias Mann/The Register)

AMD acquires Toronto-based Taalas, which integrate...

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Sources: OpenAI's new device, slated for 2027, is a hockey puck-sized smart speaker with moving parts that help give it personality, likely costing $300+ (Mark Gurman/Bloomberg)

Sources: OpenAI's new device, slated for 2027, is ...

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Gravity, which places text-based ads within AI chatbots, raised a $30.5M Series A co-led by Lightspeed and Committed, taking its total funding to $38.5M (Lara O'Reilly/Business Insider)

Gravity, which places text-based ads within AI cha...

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Docs: US data labeling companies, like Surge AI and Mercor, that sell training datasets to US AI labs and the government are also selling them to Chinese labs (Anna Tong/Forbes)

Docs: US data labeling companies, like Surge AI an...

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Figma CEO Dylan Field forfeits ~$46M in stock awards to revive investor confidence amid AI disruption fears; FIG is down ~77% from its peak more than a year ago (Brody Ford/Bloomberg)

Figma CEO Dylan Field forfeits ~$46M in stock awar...

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Scientists trained AI on genetic sequences to design viruses not found in nature, yielding viable viruses that can infect bacteria but pose no threat to humans (Carl Zimmer/New York Times)

Scientists trained AI on genetic sequences to desi...

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Sources: Panthalassa, which aims to power data centers in the ocean using energy generated by waves, is raising $225M at a ~$2B valuation, up from $1B in May (Julia Hornstein/The Information)

Sources: Panthalassa, which aims to power data cen...

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Sources: Nscale told potential backers it generated $100M+ in Q2 revenue, up from $37M in Q1, and has $51B in contracts, ahead of a possible September US IPO (Bailey Lipschultz/Bloomberg)

Sources: Nscale told potential backers it generate...

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Suno plans to adopt new watermarking and fingerprinting tech, transparency tools, and a new download policy to limit the spread of spammy AI tracks (Terrence O'Brien/The Verge)

Suno plans to adopt new watermarking and fingerpri...

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Google and data: hackers used phone calls, phishing websites, and "meticulous" tactics to target dozens of US PE firms and other businesses over the past month (Reuters)

Google and data: hackers used phone calls, phishin...

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OpenAI updates the default model for free users to GPT-5.6 Luna, adds unlimited text chats for free users, rolls out an improved GPT-5.6 Sol version, and more (Herb Scribner/Axios)

OpenAI updates the default model for free users to...

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