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Snap reports Q2 revenue up 9% YoY to $1.34B, vs. $1.35B est., 469M global DAUs, vs. 467M est., and a global ARPU of $2.87, vs. $2.90 est.; SNAP drops 15%+
(
www.cnbc.com
)
2025-8-7
Filing: in its ChatGPT lawsuit, the NYT asked OpenAI to produce 120M user chats to analyze how often ChatGPT regurgitates its articles, after OpenAI offered 20M
(
arstechnica.com
)
2025-8-7
Match reports Q2 revenue flat YoY at $864M, net earnings down 6% YoY to $125.5M, invests $50M in product, and provides a Q3 forecast above est.; MTCH jumps 10%+
(
www.bloomberg.com
)
2025-8-7
AMD reports Q2 revenue up 32% YoY to $7.69B, vs. $7.43B est., net income down 31% YoY to $781M, and diluted EPS of $0.48, vs. $0.49 est.; AMD drops 5%+
(
www.bloomberg.com
)
2025-8-7
AMD
Super Micro reports Q4 revenue up 7.5% YoY to $5.76B, vs. $6.01B est., and lowers its fiscal 2026-year sales forecast from $40B to $33B+; SMCI drops 18%+
(
www.bloomberg.com
)
2025-8-7
4Q
Alibaba releases Qwen-Image, an open-source AI image generation model focused on accurately rendering text, with support for alphabetic and logographic scripts
(
venturebeat.com
)
2025-8-7
Alibaba
AI
The US DOJ says two Chinese nationals were arrested in California and charged with illegally shipping AI chips, like Nvidia H100s, to China from 2022 to 2025
(
www.reuters.com
)
2025-8-7
China
AI
Nvidia
California
Wikipedia editors adopt a policy giving administrators the authority to quickly delete AI-generated articles that meet certain criteria, like wrong citations
(
www.404media.co
)
2025-8-7
AI
Linda Yaccarino is named CEO of digital health platform eMed Population Health, less than a month after she stepped down as CEO of X
(
www.reuters.com
)
2025-8-7
Sources: AI video startup Runway is in talks to raise ~$500M at a $5B+ pre-money valuation; rival Luma AI aims to raise $1.1B+ at a $3.2B+ pre-money valuation
(
www.theinformation.com
)
2025-8-7
Startup
AI
Sources: OpenAI is in early talks to hold a secondary share sale for current and former staffers at a ~$500B valuation; OpenAI was valued at $300B in March 2025
(
www.bloomberg.com
)
2025-8-7
The Trump administration warns states that they risk losing access to grants from a $42.45B broadband deployment fund if they cap prices on low-cost ISP plans
(
arstechnica.com
)
2025-8-7
Trump
A US federal judge strikes down a California law blocking large platforms from hosting deceptive AI-generated content related to elections, citing Section 230
(
www.politico.com
)
2025-8-7
AI
California
Sources: China held talks about merging a group of chip equipment makers into a national champion but faced pushback over ownership structure and valuation
(
t.co
)
2025-8-7
China
AMD reports Q2 data center revenue up 14% YoY to $3.2B, as CEO Lisa Su says AI chip revenue fell YoY due to the US' China export curbs and the MI350 transition
(
www.reuters.com
)
2025-8-7
China
AI
AMD
Grok's new “spicy” option on its generative AI video tool Imagine produces nude deepfakes of celebrities like Taylor Swift, even without explicit user prompting
(
www.theverge.com
)
2025-8-7
AI
Latin American e-commerce giant MercadoLibre reports Q2 net revenue up 34% YoY to $6.8B, vs. $6.7B est., and net income down 1.5% YoY to $523M, vs. $596M est.
(
www.reuters.com
)
2025-8-7
U.S.
Latin America
Microsoft unveils Project Ire, a prototype AI system that can reverse engineer and identify malicious software autonomously, without human assistance
(
www.geekwire.com
)
2025-8-7
Microsoft
AI
Court filings: Indian agencies ordered X to remove ~1,400 posts or accounts from March 2024 to June 2025, as X and Modi's government clash over content rules
(
www.reuters.com
)
2025-8-7
India
China plans to allow its first stablecoins in a bid to internationalize the CNY, as policymakers warn that dollar-backed tokens cement USD's global dominance
(
t.co
)
2025-8-7
China
Chinese Yuan
OpenMind, which is developing an OS for humanoid robots, raised $20M led by Pantera and unveils Fabric, a protocol that lets robots share info with one another
(
techcrunch.com
)
2025-8-7
Robot
Cincinnati-based Pantomath, which automates enterprise data operations using AI, raised a $30M Series B led by General Catalyst, after a $14M Series A in 2023
(
siliconangle.com
)
2025-8-7
AI
Lyric, which offers AI-powered supply chain management and forecasting tools, raised a $43.5M Series B led by Insight Partners, taking its total funding to $67M
(
siliconangle.com
)
2025-8-7
AI
Nvidia says its GPUs do not contain backdoors, kill switches, or spyware, and hard-coded, single-point controls like kill switches undermine trust in US tech
(
blogs.nvidia.com
)
2025-8-7
Nvidia
Analyst: China summoning Nvidia over alleged H20 security risks shows it “wants to use the Nvidia case to show China is a buyer, but it won't be a blind buyer”
(
www.bloomberg.com
)
2025-8-7
China
Nvidia
How Palantir won over US lawmakers, leveraging geopolitical crises, technological trends, and DC connections, as CEO Alex Karp adopts a persona not unlike Trump
(
www.wsj.com
)
2025-8-7
Trump
Court records: from 2017 to 2022, 400,181 US Uber trips had sexual assault and sexual misconduct reports; Uber only disclosed 12,522 reports during the period
(
www.nytimes.com
)
2025-8-7
Uber
Uber reports Q2 revenue up 18% YoY to $12.7B, Gross Bookings up 17% to $46.8B, trips up 18% to 3.3B, income up 82% to $1.5B, and authorizes a $20B share buyback
(
t.co
)
2025-8-7
Uber
Shopify reports Q2 revenue up 31% YoY to $2.68B, above $2.55B est., GMV up 31% YoY to $87.84B, and forecasts Q3 revenue above estimates; SHOP closes up 22%
(
www.reuters.com
)
2025-8-7
Shopify
Investigation: Israel's Unit 8200 built a system using Microsoft Azure that collects recordings of millions of phone calls made daily in Gaza and the West Bank
(
www.theguardian.com
)
2025-8-7
Israel
Microsoft
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