Techmeme

Sources: ByteDance is pretraining an AI model with up to 10T parameters, roughly 3x larger than Kimi K3 and larger than the 8T estimate for Anthropic's Mythos 5 (Financial Times)
Sources: an addendum to the bipartisan Clarity Act would force President Trump to divest from crypto businesses, letting him defer paying taxes on the gains (Bloomberg)
Sydney-based AI data center company Firmus raised $2B in funding from Coatue, Nvidia, and others at a $10.5B post-money valuation, up from $5.5B in April (Nichiket Sunil/Reuters)
Naïve, which provides infrastructure for AI agents to handle most business operations, raised a $28.5M Series A led by Nexus, bringing its total funding to $32M (Ram Iyer/TechCrunch)
Sources: Alibaba plans to ask heavy commercial users of its next Qwen open model for a share of revenue; Moonshot's Kimi K3 requires up to a 30% revenue share (Reuters)
Security researchers claim that Kimi K3 went outside of its sandbox during defensive cybersecurity tests, but did not hack anything after accessing the internet (Will Knight/Wired)
Q&A with Replit CEO Amjad Masad on why "vibe coding" is never about coding, the SaaSpocalypse, the "self-driving company", a CEO is a glorified router, and more (Casey Newton/Platformer)
A profile of DDN, a managed data storage company whose annual revenue is expected to grow from $300M pre-AI boom to $1B by year's end, fueled by AI partnerships (Iain Martin/Forbes)
New Mexico trial: a judge orders Meta to pay $567M and make changes for underage users after finding its platforms helped create a public nuisance harming teens (KOB 4)
Alphabet raises $25B in an investment-grade bond sale; sources say it attracted ~$115B of peak demand and that Alphabet plans to issue US debt twice per year (Bloomberg)
Atlassian reports Q4 revenue up 28% YoY to $1.77B, vs. $1.66B est., cloud revenue up 31% to $1.2B, forecasts Q1 revenue above est.; TEAM jumps 31%+ after hours (Arunesh Sinha/Reuters)
Twilio reports Q2 revenue up 22% YoY to $1.5B, above $1.43B est., and forecasts Q3 revenue above estimates; TWLO jumps 16%+ after hours (Reinhardt Krause/Investor's Business ...)
Sources: Canva cut its revenue growth forecast as popular new AI features drove up costs, forced it to slow their rollout, and more Canva users moved to ChatGPT (The Information)
Cloudflare reports Q2 revenue up 36% YoY to $696.1M, above $665M est., and forecasts Q3 revenue above estimates; NET jumps 17%+ after hours (Angela Palumbo/Barron's Online)
Instacart reports Q2 revenue up 14% YoY to $1.04B, GTV up 14% to $10.35B, above est., forecasts Q3 GTV and core profit above est.; CART jumps 8%+ after hours (Koyena Das/Reuters)

Wired

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One of China’s Most Powerful AI Models Has Also Escaped Containment
Hackers Stalked Me by Hijacking a Smartwatch for Kids
Why Normal People Aren’t Using AI Agents
Flock Highlighted Police Departments Using Its Tech. Now 4 Face Allegations of Misuse
ICE’s DNA Collection Increases, SpaceX’s Rocket Crashes Into the Moon, and the AI Backlash Grows
DeepMind Says Its AI Can Predict Hurricanes Earlier Than Everyone Else
There’s No Good Way to Talk About Celebrities and Eating Disorders
5 Best AI Notetakers (2026), Tested and Reviewed
Meteor Showers, Eclipses, and More Are on the August 2026 Astronomical Calendar
Best Android Charger: Wireless, Portable, Cable (2026)
Microsoft’s Quantum Chief Doesn’t Care That Scientists Don’t Believe His Results
Samsung Odyssey G8 6K Review: Pixel Overdose
Shark PowerDetect Speed Review (2026): Light and Powerful
Two Fossil Fuel Companies Are Betting Big on Data Centers
12 Best Coffee Subscriptions (2026), Tested by Caffeine Hounds
Best Handheld Fans for a Breeze on Demand (2026)
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OpenAI Didn’t Notice Its AI Agents Using a Message Board to Plan Their Hacking Spree
A Security Pro Hacked North Korean Hackers. He Found They’d Breached Hundreds of Networks Worldwide
OpenAI’s Browser Could Be Hijacked to Spam Your WhatsApp Contacts
Welp, Nobody Saw SpaceX’s Falcon 9 Rocket Crash Into the Moon
The National Design Studio Became a DOGE Landing Pad. Now ‘Big Balls’ Is Recruiting
DHS Wants Protesters’ Signal Group Chats

Engadget

Court orders Meta to pay an additional $567 million in New Mexico child safety case
Google open-sources an AI model it says can help with earlier hurricane warnings
Ro Khanna calls for the right to oppose data centers to be protected
OpenAI's ring-shaped smart speaker will reportedly cost between $300 and $400
Quake celebrates its 30th anniversary with a new free episode
AI is now making new viruses
PSA: Apple has released security updates for Mac
The FCC just shredded local TV station ownership rules, despite questionable legality
This tiny new charging pad is perfect for my nightstand
Suno is adding audio watermarks so AI-generated songs are more easily identifiable
OpenAI will no longer limit how many texts free accounts can send to ChatGPT
Why smartphone makers stopped using removable batteries, and why they're making a comeback
Google Wallet now lets parents send money securely to their kids
The California Teamsters union is suing the state over self-driving trucks
How to stop Roku from tracking everything you watch
The $28,350 Fathom is Ford's first midsize electric truck
How to watch Google's Pixel 11 event
What's the difference between the Apple Pencil USB-C Vs Pro?
Dolby Vision 2 is officially available on select Hisense TVs
Bose has refreshed its QuietComfort headphones with two-way USB-C audio and better noise cancellation

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Cached on Atlas at August 7th 05:57 AM