• Nvidia, with quarterly free cash flow up 18x over the past three years to $48.5B, is using its balance sheet and credit rating to build an AI capital moat (Ari Levy/CNBC)
• Block releases Berd, a desktop app it built to give its employees a single environment for working with AI agents across different models, under Apache 2.0 (Carl Franzen/VentureBeat)
• FDM CCS Insight: ~134M travel eSIMs will be used in 2026, up from 101.8M in 2025, challenging established carriers that generate 3%-5% of revenue from roaming (Kieran Smith/Financial Times)
• Z.ai prices GLM-5.3 API access at $1.40 per million input tokens and $4.40 per million output tokens, unchanged from GLM-5.2 (Carl Franzen/VentureBeat)
• Austin-based Smack Technologies, which is developing AI decision-making tools for the US military, raised a $61M Series B led by Costanoa and First In (Mike Stone/Reuters)
• OpenAI says new monitoring and security safeguards will add 20% compute overhead to monitored inference workloads; costs will not be passed on to customers (Thomas Claburn/The Register)
• Sources: Beijing allowed ByteDance and Tencent to each receive about 10,000 Nvidia H200 chips at their mainland China facilities in recent weeks (Zijing Wu/Financial Times)
• Chinese humanoid robot maker Unitree's stock surged 629% in early trading in its Shanghai debut on Wednesday, after raising ~$904M in its IPO (Bloomberg)
• Sources: Temporal is in talks for a fresh funding round that would give the open-source orchestration platform developer a ~$500M raise at a $12B+ valuation (Bloomberg)
• Rillet, which is developing an AI-native accounting platform, raised a $100M Series C at a $1B valuation led by Iconiq, bringing its total funding to $200M+ (Nick Lichtenberg/Fortune)
• Cerebras unveils CS-4, a server rack powered by three WSE-3 Turbo chips and built around its new Nexus architecture, with first shipments starting this quarter (Max A. Cherney/Reuters)
• Survey: 52% of Americans say they are more concerned than excited about increased AI use in daily life, up from 37% in 2021, including 55% of those under 30 (Pew Research Center)
• Anthropic details two experiments showing how Claude can accelerate protein design and analytical chemistry, and says it plans an access program for scientists (Anthropic)
• Sources: OpenAI's Q2 sales grew 18% QoQ to $6.7B as its losses widened from $9.3B to $12.3B; Anthropic's sales grew 2x+ to $11.6B, with a small operating profit (Wall Street Journal)
• Z.ai's GLM-5.3 with max reasoning scores 60 on the Artificial Analysis Intelligence Index, on par with Kimi K3 but below Opus 5 at 63 and Fable 5 at 62 (@artificialanlys)
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