Tesla's Earnings Calls Now Run on AI Rhetoric, Not Car Sales
Tesla's quarterly earnings calls have become the clearest artifact of a company trying to swap its valuation basis in real time — from electric vehicles to AI and robotics — even as the legacy business still funds the entire operation. **…
Hassabis Steps Down as DeepMind CEO; Jeff Dean Exits Google After 27 Years
Demis Hassabis is stepping down as CEO of Google DeepMind to become chair of the unit and chief scientist of parent company Alphabet, CEO Sundar Pichai announced on Wednesday in a memo posted to Google's blog . The leadership reshuffle also…
White House Keeps AI Safety Framework Secret After Industry Meetings
The White House does not plan to publicly release its new framework for evaluating advanced AI models, three sources familiar with the discussions told Axios . The administration held staff-level meetings with industry representatives on Tu…
Texas Halts Data Center Grid Connections, Orders Audits
Texas Governor Greg Abbott declared a moratorium on all new power grid connections for data centers on August 3, directing the Public Utility Commission of Texas (PUCT) and the Electric Reliability Council of Texas (ERCOT) to perform a comp…
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RANKED · 9 THIS DAYFCC Drafting Ban on Chinese Optical Transceivers for US Datacenters
The Trump administration is reportedly drafting a ban on US imports of new models of Chinese datacenter components, targeting the optical transceivers that form a critical layer of AI infrastructure . Four people familiar with the matter t…
DeepSeek Reportedly Reopens Talks for RMB50 Billion Second Funding Round
DeepSeek has reportedly reopened discussions for a second funding round targeting RMB50 billion (approximately $6.9 billion), with a pre-money valuation of about RMB500 billion . The talks could lead to an agreement in late August, though t…
Bending Spoons to Acquire Airtable for $1.285B in All-Cash Deal
Bending Spoons S.p.A. announced plans to acquire Airtable Inc., the cloud-based spreadsheet and productivity platform, in an all-cash deal worth $1.285 billion . The acquisition price represents a steep decline from Airtable's peak valuati…
MiniMax Open-Sources H3 Video Model but Blocks US, EU, UK, South Korea Access
Chinese AI company MiniMax has open-sourced its new H3 video generation model but imposed licensing restrictions that block free access for users in the United States, European Union, United Kingdom, and South Korea . After the Shanghai-ba…
ByteDance Launches SeedRealtime Full-Duplex Audio-Video Model in Doubao App
ByteDance has launched SeedRealtime, a native audio-video full-duplex model that can continuously process audio, video, and text streams while listening and responding in real time . The model has been rolled out in the Doubao app, moving t…