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SpaceXAI and Cursor could ship their first joint AI model as soon as today

SpaceXAI and Cursor could ship their first jointly built AI model as soon as Wednesday, according to The Information. An internal memo pits it against Anthropic’s Opus 4.8 and OpenAI’s GPT-5.5. Elon Musk’s freshly renamed AI company is about to test itself against the frontier. SpaceXAI and Cursor plan to launch their first jointly developed […]

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Amazon’s secret ‘Moonraker’ project pushes Alexa into the AI-agent race

Amazon has an agentic upgrade for Alexa in the works, codenamed Moonraker. Internal documents show it is also one of the priciest bets in the Alexa+ overhaul. Amazon wants Alexa to act, not just answer. The company has a previously unreported project, codenamed Moonraker, that would let Alexa handle complex, multistep tasks, Business Insider reports, […]

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UiPath’s Dines: not hiring juniors is a mistake

At the Raise summit in Paris, two enterprise leaders asked why AI agents keep stalling in pilots. Their fix starts with people, not models. Most enterprises stall. Their AI agents run in pilots and never reach production. That was the blunt diagnosis from Daniel Dines, chief executive of UiPath. He spoke at the RAISE CxO […]

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Toyota moves some Tacoma output to Texas, and Trump claims the credit

Toyota will invest $3.6bn to expand its San Antonio plant and move some Tacoma pickup production from Mexico to Texas. The carmaker announced the plan on Monday, adding a second assembly line, according to CNBC. President Donald Trump quickly claimed the move as proof his trade policy is working. “That’s what tariffs do, properly used,” he […]

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OpenAI is hiring an investment banker to teach its AI the job

OpenAI is recruiting an investment-banking expert to help train its AI on the trade. The job listing seeks a “subject matter expert” with at least two years of investment experience for its Applied AI team in San Francisco. Base pay runs from $185,000 to $205,000, with equity on top, Business Insider reports. That equity sweetener carries new weight […]

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Syntiant files for a US IPO, betting public markets want edge AI too

Syntiant, the chipmaker whose low-power processors run artificial intelligence directly on devices rather than in the cloud, has filed for a US initial public offering. The Irvine, California, company submitted its Form S-1 to the Securities and Exchange Commission on 6 July, and plans to list Class A shares on the Nasdaq Global Market under the ticker SYTN. […]

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WiseTech co-founder Richard White steps down as chair, but keeps his board seat

Richard White, the billionaire co-founder of WiseTech Global, has stepped down as executive chair of the Australian logistics-software company, effective immediately, capping a fortnight of intensifying scrutiny. He is not, however, leaving the building. White will stay on the ASX-listed group’s board as an executive director and keep his role as chief innovation officer, WiseTech said in a statement to the […]

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Synopsys pulls back from chip fab software to chase AI design margins

Synopsys, the US chip design software giant, is preparing to walk away from the manufacturing control software that helps run the world’s semiconductor fabs, and to redirect the engineers behind it towards the far more lucrative business of AI chip design. The plan, reported by Reuters and attributed to six people briefed on the matter, is a pointed […]

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Judge upholds the verdict that Musk defrauded Twitter investors

A federal judge has refused to overturn a jury’s finding that Elon Musk defrauded Twitter investors during his $44bn takeover of the platform in 2022. US District Judge Charles Breyer denied Musk’s motion to set aside the verdict in most respects on Monday. A San Francisco jury ruled in March that two of Musk’s May 2022 tweets about the […]

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