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YouTube view counts will rise on 24 August, and creator earnings will not

From 24 August, YouTube counts a view the moment a video starts playing. No minimum watch time, across long-form, Shorts and live, everywhere. The YouTube view count will go up. Nobody will watch more. Nobody will earn more. What the rule was, and nobody could tell you Until now a YouTube view count on long-form […]

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Situational Awareness ran two auctions at once, and one set of bidders never knew

Situational Awareness lost roughly $30bn in July. The desk reported that three weeks ago. What happened inside those six days has not. Gregory Zuckerman, Juliet Chung and Peter Rudegeair have reconstructed it for the Wall Street Journal, and the sequence is stranger than the number. The phone call that gave it away David Mann runs […]

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An AirTag in a rare book led to an Amazon book scanning warehouse in Las Vegas

A bookseller hid an AirTag inside a rare book and let it go with a bulk order. The tracker travelled across the United States and stopped at a warehouse in Las Vegas owned by Amazon. Emanuel Maiberg reported the result for 404 Media on Monday. Booksellers have spent a year suspecting that AI companies were […]

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Anthropic’s revenue run rate tops $65bn, a source says, but a run rate is not revenue

Anthropic has told investors that its annualised revenue run rate topped $65bn by the end of July, according to a person familiar with the company’s finances who was cited by Reuters. The distinction matters as a run rate takes revenue from a recent, short window, often a single month, and multiplies it out to a […]

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Revolut’s Nik Storonsky closes a $500m fund for his algorithm-run venture firm QuantumLight

Nik Storonsky, the man behind Revolut, has closed a $500m second fund for QuantumLight, the algorithmic venture-capital firm he co-founded to let software, rather than partners, decide where the money goes. The fund is double the size of QuantumLight’s $250m debut vehicle from last year, a swift escalation for an outfit still trying to prove […]

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The SEC staff agreed data centre securitisation sits outside Dodd-Frank risk retention

Nvidia announced $500bn of AI infrastructure financing last week, alongside Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR. A fortnight earlier, the Securities and Exchange Commission staff answered a question. It concerned how deals of that general type are regulated. The exchange took six days. What was asked, and what came back Latham & Watkins […]

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Google picked and paid for the firm anonymising the Spirit Airlines data

Google has agreed to pay $10mn for what a dead airline knew. A judge considers the sale on Wednesday morning. Reuters reported the price on Monday. Every account of the deal rests on one word. The data is deidentified, so nobody need worry. The Spirit Airlines data sale agreement, filed with the bankruptcy court on […]

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Cursor Origin is on by default for paid users, and its data terms are unpublished

Cursor started rolling out Origin, its own code hosting platform, on Monday morning. About three and a half hours later GitHub fell over. The order matters, because most of the internet reversed it. Matt Palmer works at Cursor. He quote-tweeted his own company’s launch with a line that then travelled further than the product. Cursor […]

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Greg Brockman says OpenAI underestimated its own models’ cyber skills

Greg Brockman went on CNBC on Monday to say the executive departures at OpenAI are not unusual. “I actually think that the difference between OpenAI and other organizations is that we are so much in the spotlight, so every departure gets scrutinized in a way that it doesn’t otherwise,” the company’s president told Squawk Box. […]

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