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Sources: OpenAI leans toward holding off its IPO until 2027 after warnings that Sam Altman's desired $1T valuation may not be met in current market conditions (New York Times)
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Sources: Sam Altman told staff the US government asked OpenAI to stagger the release of GPT-5.6 over security concerns, approving "access customer by customer" (The Information)
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Apple stock closed down 6.15% on Thursday after the company raised some product prices, its worst fall since April 2025 (MacKenzie Sigalos/CNBC)
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Story Protocol, a blockchain-based IP ownership network that raised $140M, rebrands as Data Foundation to build an on-chain registry for AI training data (Olivier Acuna/CoinDesk)
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The US awards $250M in CHIPS funds to a startup co-founded by billionaire mining magnate Robert Friedland to develop silicon-carbide chips and pulsed-power tech (James Attwood/Bloomberg)
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Microsoft quietly extends the Extended Security Updates program for Windows 10 consumers by a year, letting eligible users get updates through October 12, 2027 (Zac Bowden/Windows Central)
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Netris, which helps neoclouds automate network configuration to bring their data centers online faster, raised a $15M Series A from a16z (Ram Iyer/TechCrunch)
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Sources: Kraken is in talks to acquire a 15% stake in DeFi protocol Aave at a $385M valuation, investing 35,000 ETH in return for 250,000 AAVE tokens (Will Canny/CoinDesk)
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Notion plans to shut down its Gmail client Notion Mail on September 22 and go "all in" on AI agents to run inboxes, saying 50%+ of users do not open the inbox (Zac Hall/9to5Mac)
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Microsoft says the price of Xbox consoles will increase on August 1 by $100 for 512GB models and $150 for 1TB models, the third price increase since 2025 (Kenneth Shepard/Kotaku)
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Google launches a Google Finance app for Android, with market data, financial news, and an AI-powered "Key Moments" feature, and plans an iOS version this year (Aisha Malik/TechCrunch)
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Nebulock, which helps security teams proactively find and remediate threats across a company's security stack, raised a $25M Series A led by FirstMark (Chris Metinko/Axios)
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Sources: Bumble explores a sale amid slowing growth in the online dating sector; its shares fell 48% over the past 12 months, giving it a market cap of $388M (Milana Vinn/Reuters)
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Sources: Apple plans to skip higher-end M6 chips and launch its next Pro and Max chips in 2027 as part of the M7 lineup, to boost on-device AI capabilities (Mark Gurman/Bloomberg)
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Memo: Meta Superintelligence Labs is hiring three founders and other team members behind AI security startup Virtue AI; two founders report to Nat Friedman (Madison Mills/Axios)
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General Intuition, which trains AI agents in spatial reasoning via gameplay footage, raised $320M led by Khosla at a $2.3B valuation, for $454M in total funding (Rebecca Bellan/TechCrunch)
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Anthropic hires French telecom group Orange's Chief AI Officer Steve Jarrett to help Anthropic "better understand and adapt" its products to Europe and Africa (Gianluca Lo Nostro/Reuters)
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Sources and a draft document: the US proposes that the EU sign on to an AI partnership to help secure chip supply chains; the one-page statement had few details (Alberto Nardelli/Bloomberg)
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Sony's Bungie says it is laying off a "significant number of employees", including "most of the Destiny team"; Bungie has an estimated headcount of 800 (Ethan Gach/Kotaku)
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Sources: Google expands the scope of its months-old AI coding strike team to "midtraining" to try to catch up with Anthropic, after major executive departures (Erin Woo/The Information)
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