Amazon shares rose more than 12% after AWS grew 37%, its fastest in four years, easing worries that the company’s ~$220bn AI build-out is running ahead of demand.
Apple posted its best-ever June quarter for iPhone revenue, but shares fell more than 7% as supply constraints and rising chip and memory costs clouded its outlook.
The Munich Regional Court ruled Suno trained on GEMA-represented songs without permission and reproduced them, one of Europe’s first binding rulings on AI music.
Claude Opus 4.7, Mythos 5, and a research model reached three real firms’ systems after a testing sandbox was accidentally left online. Anthropic found no evidence of models pursuing their own goals.
A WSJ report says Tesla is considering spinning off, selling, or closing its China business to ease a SpaceX tie-up. Elon Musk calls it “absurdly fake news.” ...
After a coordinated attack knocked out controllers at 30+ Minnesota water systems, CISA is urging utilities to disconnect their industrial hardware from the internet.
The GTM playbook stopped working because everyone ran it at once. How Clay, Ramp, and Gamma built distribution buyers actually wanted.
Aschenbrenner’s AI hedge fund Situational Awareness sold its public stocks to Citadel after leveraged AI bets collapsed. It keeps its Anthropic stake.
Microsoft is merging Copilot’s chat, coding, Cowork and autonomous agents into a single AI “super app” spanning consumer and enterprise this year.
China has threatened retaliation over the US ban on Chinese robot imports, with rare earths and Tesla and Nvidia market access as leverage, NYT reports.
Airlines are using AI to reprice seats in real time, squeezing out the bargain fares travellers once found on busy routes.
ByteDance now makes about $4bn a year from AI, the most any Chinese firm has disclosed, and is folding its Lark app into Doubao and its cloud unit.
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