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SpaceXAI launches Grok Bot as the agent race moves to office work

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SpaceXAI has launched Grok Bot in beta, AI agents that sign into apps and websites, retain context between tasks and coordinate with each other. Access is limited at first to SuperGrok Heavy, Cursor Ultra and Cursor Teams Premium subscribers, with an enterprise waitlist. SpaceXAI has released Grok Bot, software that hands work to groups of […]

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Sonos Plans September Launch Event and Deeper Push Into Home AI

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Sonos chief executive Tom Conrad says model quality will converge and the advantage will sit with hardware that already knows a home. An FCC filing names the first product of that push, the Ace Ultra headphones, expected at a September launch event. Sonos is betting that the value of AI in the home sits in […]

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Target appoints its first chief AI officer as retailers scale up AI spending

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Target has named Lowe’s executive Chandhu Nair as its first chief AI officer, starting August 24. IBM research puts the share of organisations with a chief AI officer at 76% this year, up from 26% in 2025. Target has appointed its first chief AI officer. Chandhu Nair joins from Lowe’s on August 24 as senior […]

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Nvidia stopped funding the AI boom alone, Saudi banks cannot fund theirs, and 500 US towns have banned the buildings

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  Nvidia said on Monday it would partner with six of the largest names in private capital to finance AI infrastructure through vehicles worth more than $500 billion. Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR are all in. The company has spent recent months lending its own balance sheet to customers so they could […]

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Fei-Fei Li: the real risk of AI in classrooms is students who stop wanting to learn

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Fei-Fei Li thinks schools are worrying about the wrong thing. The danger of AI in classrooms is not that students will use it to cheat, she argues, but that it will strip away their reason to learn at all. She made the case on the science podcast Huberman Lab, in an episode released on Monday. […]

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An activist investor says the market has decided Lionsgate is an AI casualty. It wants the studio to prove otherwise or sell.

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Activist investor Anson Funds is pressing Lionsgate to redefine itself for the AI era or put itself up for sale, according to a July letter to the board reviewed by Semafor. The argument turns on how the market reads a film library. “The rise of generative AI has led the market to sort companies bluntly into […]

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River AI raised $1.1bn to let companies train and keep their own models

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River AI has raised $1.1bn, roughly four months after the company was incorporated. General Catalyst and AMP PBC led the round, with strategic investment from NVIDIA and AMD Ventures, and further money from Y Combinator and Temasek. The Palo Alto company was founded by Igor Babuschkin, a co-founder of xAI. The pitch is that companies […]

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China bets on AI weather forecasting as extreme storms close in

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As Typhoon Dolphin bore down on China’s coast this week, the country’s bet on artificial intelligence to read the skies looked less like a research curiosity and more like national infrastructure. Extreme weather is intensifying, the cost of getting a forecast wrong is rising, and Beijing is pouring resources into models that promise to see […]

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Intel raises up to $20bn to fund its foundry bet against TSMC

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Intel has announced a $15bn common-stock offering, a sale that could swell to as much as $20bn if underwriters take up their overallotment options. It is a bold move for a company that, not long ago, looked like a cautionary tale, and it shows just how far the chipmaker’s fortunes have turned in the space […]

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Six finance giants back Nvidia’s $500bn plan to fund the AI buildout

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Nvidia has recruited six of the largest names in finance to help turn its chips into something a bank can lend against. The company announced partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to build what it calls “compute financing platforms”, structures designed to mobilise over $500bn of third-party capital for AI infrastructure. […]

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