• Sources: investor interest in Situational Awareness surged after it nearly blew up on leveraged positions; the fund says it's not accepting new capital for now (Matt Levine/Bloomberg)
• Sources: Anthropic agreed to a 20-year, $9.1B compute deal with Riot Platforms for 191 MW of capacity at a Rockdale, TX campus; RIOT jumps ~25% after hours (Shirin Ghaffary/Bloomberg)
• How a clause in Elon Musk's Tesla pay package, worth up to ~$1T, could provide him a shortcut around lofty performance targets if Tesla merged with SpaceX (Wall Street Journal)
• Sources: Apple remains on track for a glass-centric design overhaul of iPhone Pro's line for 2027, countering rumors that led Jefferies to downgrade AAPL (Mark Gurman/Bloomberg)
• Trump Media reports a Q2 net loss of $238.1M, vs. a net loss of $20M in Q2 2025, and says 10+ clients are paying up to $100K per month for its Truth API (Steve Kopack/NBC News)
• SpaceX's earnings show X's Q2 ad revenue at $367M, down from $1.08B at Twitter in Q2 2022; Musk once said he would take its annual ad revenue to $12B in 2027 (Mike Masnick/Techdirt)
• Source: OpenAI head of ethics Chloé Bakalar departs after less than a year, following exits by the head of safety systems and a former head of mission alignment (Financial Times)
• Anthropic makes Claude Sonnet 5's introductory pricing permanent at $2/1M input tokens and $10/1M output tokens, canceling a planned September 1 increase (Claude/@claudeai)
• With his long essay, Zuckerberg returns to his "open" AI arguments at an opportune time, as Chinese open models narrow the performance gap at much lower cost (M.G. Siegler/Spyglass)
• Sources: OpenAI bought back ~$7B in shares from current and former employees in a tender offer valuing it at $852B, unchanged from its most recent funding round (Bloomberg)
• Source: Applied Compute, which helps companies customize models with their data, is in talks to raise "hundreds of millions" led by Elad Gil at a ~$3B valuation (The Information)
• Filing: Sergey Brin donated an additional $20M to Building a Better California, which fights California's wealth tax, bringing his total contributions to $102M (Alicia Clanton/Bloomberg)
• Anthropic details an unreleased Claude model's attempt to solve the Riemann hypothesis; it didn't solve it but "unexpectedly" made strides on a related problem (Anthropic)
• The Ninth Circuit dismisses Meta's bid to pause a landmark trial by state AGs alleging its products addict children and have caused a youth mental health crisis (Isaiah Poritz/Bloomberg)
• YouTube says new creators will need double, or 8,000+, watch hours over the past year or 20M Shorts views in the last 90 days to start earning money from Feb. 1 (Aisha Malik/TechCrunch)
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