AI

SpaceX reports Q2 revenue up 92% YoY to $7.8B, vs. $6.81B est., and an operating loss of $1.26B from its AI business, compared with a $2.39B estimate (www.bloomberg.com)
2026-8-5 AI SpaceX

Sources: the White House doesn't plan to publicly release its voluntary AI framework; details will be available to the companies that are part of the process (www.axios.com)
2026-8-5 AI

Internal email: Microsoft introduces token budget limits for employees' AI use, saying “tokenmaxxing is not what we are optimizing for” (www.404media.co)
2026-8-5 Microsoft AI Budget

AI stage show prompts boos from the crowd at Richard Wagner festival as audience are baffled by flashing images of 9/11 and German stamps (www.dailymail.co.uk)
2026-8-5 Germany AI

AI linked to half of cybercrime in Africa – Interpol (www.rt.com)
2026-8-5 AI Africa

Convex, which provides an AI-optimized application backend for developers, raised a $57M Series B led by Insight Partners, taking its total funding to $110.5M (siliconangle.com)
2026-8-5 AI

A World Bank report says developing economies stand to benefit more from AI boosting their workers' output than they will lose in jobs being replaced by AI (www.ft.com)
2026-8-5 AI World Bank

Varonis Agent IBAC keeps AI agents within their intended boundaries (www.bleepingcomputer.com)
2026-8-5 AI

Obsidian Security, which helps companies secure AI agents, raised an $85M Series D at a $1.1B valuation, after raising a $90M Series C in April 2022 (www.reuters.com)
2026-8-4 AI

HappyRobot, which uses AI to automate freight operator communications, raised a $150M Series C at a $1.2B valuation, after a $44M Series B in September 2025 (fortune.com)
2026-8-4 AI

Sources: Anthropic agreed to a $10B deal for computing capacity in Norway from Nvidia-backed AI cloud startup Volta; Volta says the deal runs for six years (www.bloomberg.com)
2026-8-4 Startup AI Nvidia Norway

AI cloud startup Volta raised $300M co-led by a16z and Altimeter at a $2.4B valuation and says it landed a $10B contract with an unnamed leading AI developer (www.bloomberg.com)
2026-8-4 Startup AI

Sources: the US is focused on promoting US AI models to be more competitive, after officials considered taking a more interventionist approach to open source AI (www.nytimes.com)
2026-8-4 AI

AI Data Center Construction Spending Goes Exponential (But in Business, Exponential Curves Can't Last) (wolfstreet.com)
2026-8-4 AI

Sources: Beijing is growing concerned about the cyber capabilities of Mythos and other US-developed frontier AI models and their potential as offensive weapons (www.bloomberg.com)
2026-8-4 AI

An AI-Supervised Remote Exam Went So Badly That 58,000 Students Must Retake It (news.slashdot.org)
2026-8-4 AI

Microsoft CEO Touts His Own DIY AI Project To Wall Street and His 20 Million Followers (slashdot.org)
2026-8-4 Microsoft AI Wall Street

As Reddit Stock Falls, CEO Questions Value of Google's AI Overviews (tech.slashdot.org)
2026-8-4 Google AI Reddit

The White House says it has met its deadline to establish a voluntary framework for evaluating advanced AI models; it did not provide details of the framework (www.axios.com)
2026-8-4 AI

Company Offering Printed Books To Train AI Stops After 404 Media Coverage (news.slashdot.org)
2026-8-4 AI

Sources: the Trump administration invites staffers from OpenAI, Google, Anthropic, and others to the White House on Tuesday to review the AI oversight framework (www.theinformation.com)
2026-8-4 Trump Google AI

Zenity, which develops a platform for securing AI agents, raised a $125M Series C led by Norwest Venture Partners, taking its total funding to ~$185M (www.calcalistech.com)
2026-8-3 AI

Horizon3, whose AI penetration testing platform NodeZero helps find and exploit attack paths in production systems, raised a $250M Series E at a $2B valuation (techcrunch.com)
2026-8-3 AI

Visa plans to acquire Israeli company BioCatch, which uses AI to detect fraud and distinguish legitimate users from attackers in real time, for $2.4B in cash (www.wsj.com)
2026-8-3 Israel AI

June, which aims to help enterprise AI deployment by finding bottlenecks and building agents, emerges from stealth with $20M led by Marc Benioff's Time Ventures (techcrunch.com)
2026-8-3 AI

'AI's Decimation of Call Center Jobs Has Begun' (it.slashdot.org)
2026-8-3 AI

The EU's AI Act enforcement powers take effect, letting it evaluate AI models before regional release, restrict market access, fine model providers, and more (www.cnbc.com)
2026-8-3 AI

Sources: South Korean AI chip designer DeepX raised a ~$29M Series D at a ~$2.2B valuation, and is in talks to raise ~$209M at a ~$2.4B valuation by September (www.bloomberg.com)
2026-8-3 Korea AI

London-based AI chip startup Olix raised $312M led by Fundomo, with participation from Arm, at a $3.3B valuation, up from $1B+ after raising $220M in February (www.ft.com)
2026-8-3 Startup AI London

A profile of Nanit, a maker of AI-equipped baby cameras for hyper-detailed tracking, which says it has 1M daily users and $100M+ in annual revenue (www.nytimes.com)
2026-8-3 AI

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