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PitchBook published its Q2 US VC Valuations report on 10 August. Megadeals took 87.5% of the dollars deployed in the first half of 2026. PitchBook defines those as rounds of $100m or more. AI is the primary driver of that concentration, though the figure describes deal size rather than sector. The AI premium is real […]
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Skan AI announced $63m in funding on Wednesday, co-led by Cathay Innovation and Dell Technologies Capital. What the money is buying is not a model. It is a record of how people at large companies actually do their jobs. Skan builds that record by watching them work. Avinash Misra, the co-founder and chief executive, reached […]
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SpaceX posted a 30-minute all-hands to X on Tuesday. Elon Musk used it to make two claims, and they only make sense together. The first is a number. AI revenue will pass everything else the company sells by next month. The second is a method. SpaceX will train Grok on its own information, including the […]
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Musk says SpaceX AI will out-earn rockets by September, and be trained on staff Read More »
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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US House Democrats have decided that AI agents breaking loose from their test environments is a matter for Congress, and on Monday they put that view in writing. Two letters went out, one to OpenAI and one to Anthropic, each demanding an account of how the companies’ own systems slipped their leashes during security testing, […]
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House Democrats want answers from OpenAI and Anthropic on their rogue AI agents Read More »
US appeals court has cleared thousands of lawsuits accusing the biggest social media companies of harming young people to move towards trial, in a ruling that chips away at the legal shield the tech industry has relied on for decades. On 10 August 2026, a three-judge panel of the Ninth Circuit Court of Appeals rejected […]
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A US court just cleared thousands of social media harm lawsuits to proceed Read More »
The Arena Group is renaming itself Paradium.AI. The publisher of TheStreet, Parade and Men’s Journal expects the change to finish by the end of August. Business Insider had it first. Steven Tweedie and Ben Shimkus obtained a staff memo from chief executive Paul Edmondson, confidential until 4:05 PM ET, five minutes after the closing bell. […]
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The Arena Group is renaming itself Paradium.AI, and its revenue just halved Read More »
Google is testing a homepage with no Search button. A small group of signed-out users see three AI shortcuts in its place, and the familiar layout returns the moment they log in. Search Engine Watch spotted the change on Monday and reproduced it across Chrome, Microsoft Edge and Perplexity’s Comet browser. Three buttons sit under […]
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Google is testing a homepage without a Search button Read More »
Jefferies cut Apple from hold to underperform on Monday. That is the bank’s equivalent of a sell rating. It also cut its price target from $285.56 to $263.66. Fortune’s Sebastian Herrera reported the call. The bank’s supply-chain checks produced three reasons. Apple has cancelled a rumoured all-glass iPhone, memory prices are surging, and there is […]
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Apple has run out of iPhone shapes, and Jefferies just cut it to sell Read More »
A group of financial firms is working with Nvidia on a $500bn funding package for AI infrastructure. The group covers Apollo Global Management, Blackstone, BlackRock’s Global Infrastructure Partners, Brookfield Asset Management, Goldman Sachs and KKR. The Financial Times reported the talks first. Bloomberg confirmed them with people familiar with the matter. A deal could land […]
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Nvidia is pulling Wall Street into the AI buildout. Its shares fell on the news Read More »