• Sources: Anthropic is in talks to buy Decart, which offers real-time generative video and GPU optimization tech, for about $6B (Bloomberg)
• Sources: former Google exec Jeff Dean is in talks for $1B in funding at a ~$10B valuation for his new science and engineering-focused AI startup, Discovery Loop (Business Insider)
• Sources: Apple is discussing multiyear content deals with publishers to deliver current news and information for Siri AI, with a potential nine-figure budget (Alexandra Bruell/Wall Street Journal)
• Sources: the White House is expected to expand its AI oversight framework in the coming months to cover open models once they reach frontier capabilities (Hugo Lowell/Wired)
• Twitch says it intends to use videos streamed on its platform to help train Amazon's generative AI models and tells creators how to opt out (Amanda Silberling/TechCrunch)
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• Cisco reports Q4 revenue up 18% YoY to $17.25B, vs. $16.82B est., AI infrastructure orders from hyperscalers worth $4B, forecasts FY 2027 revenue above est. (Juby Babu/Reuters)
• Cerebras reports Q2 revenue up 74% YoY to $180M and raises its annual revenue and gross margin forecasts; CBRS drops 14%+ after hours (Reuters)
• Mistral says its platform will support third-party open models, starting with Z.ai's GLM-5.2, and run them on the same infrastructure as its own models (Mistral AI Blog)
• Freedom of the Press Foundation and The Intercept sue Trump after Trump Media & Technology offered a subscription service for faster access to Trump's posts (Bernard Condon/Associated Press)
• Kalshi referred 32 possible insider traders to the CFTC in the three months through June; sources: CFTC has up to 20 ongoing probes using just Kalshi's evidence (Sharon LaFraniere/New York Times)
• Sources: Kalshi is in advanced talks to raise $750M+ co-led by Sequoia Capital and Wellington Management at a $40B valuation; Kalshi was valued at $22B in May (Yueqi Yang/The Information)
• Sources detail moves behind Google's AI reshuffle; Sergey Brin urged key staff to go all in on Gemini, and some teams shifted from DeepMind to corporate Google (Kenrick Cai/Reuters)
• Sources: Apple hired Nate Gatten, an American Airlines exec with GOP ties, as government affairs VP, seeking someone who could align with Trump administration (Mark Gurman/Bloomberg)
• Sources: the UK government is planning to regulate the use of AI in gene synthesis to prevent terrorists and other bad actors from using AI for bioweapons (Ellen Milligan/Bloomberg)
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