• A judge orders Kalshi to stop offering most of its prediction contracts in Washington state, after finding it likely violated state gambling-related laws (J.J. McCorvey/Bloomberg)
• Sources: OpenAI is on track to generate annualized revenue of $40B+ based on its current performance, roughly doubling its run rate from the end of 2025 (Bloomberg)
• A profile of Camilla Clark, quiet adviser to husband Dario Amodei and behind-the-scenes player at Anthropic; she once pitched a porn startup to Jeffrey Epstein (The Information)
• Reddit will join the S&P 500 on August 18, becoming only the second pure-play social media company in the index after Meta; RDDT jumps 10%+ after hours (Jonathan Vanian/CNBC)
• OpenAI launches Computer History, an opt-in feature that turns recent computer activity on macOS into memories and a timeline that ChatGPT and Codex can use (Frederic Lardinois/The New Stack)
• Netflix is closing game studios Night School Studio, which it acquired in 2021, and Moonloot, and is also cutting jobs from its internal games team (Stephen Totilo/Game File)
• Anthropic details multiagent experiments showing Claude agents can wage a "turf war" over incompatible goals, fail to coordinate, collude on prices, and more (Rebecca Bellan/TechCrunch)
• Sources: Silver Lake is in talks to acquire HR and financial management software maker Workday, which has a market value of ~$43B; WDAY jumps 18%+ (Milana Vinn/Reuters)
• Tether says KPMG completed Tether's first full audit and found its 2025 financial statements fairly presented its financial position in all material respects (Krisztian Sandor/CoinDesk)
• Sources: Vantage Data Centers, a major hyperscale developer, is exploring options including a sale or an IPO at a valuation of about $100B as soon as next year (Reuters)
• US-based robot vacuum maker Matic rolls out a firmware update that lets users control its $1,245 vacuum with voice commands in more than 70 languages (Chris Welch/Bloomberg)
• OpenAI previews Ultrafast, an API tier powered by Cerebras that runs GPT-5.6 Sol up to 14× faster and generates up to 750 output tokens per second (Zac Hall/9to5Mac)
• Google unveils Gemini 3.7 Flash, its "most intelligent workhorse model" for coding and agents, pricing it at $0.75/1M input and $3.75/1M output tokens at launch (Tulsee Doshi/Google)
• X makes the source code for its For You timeline available on GitHub and adds tools to let users see if X's ranking systems "shadowbanned" them (Sarah Perez/TechCrunch)
• Ramp's July AI index: Anthropic's market share hit 43.5%, widening its lead over OpenAI; Fable 5 is only 6% of tokens businesses bought, likely due to high cost (Ara Kharazian/Ramp)
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| • Mico, Microsoft's weird lil' AI guy, has been demoted
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