• Source: Microsoft plans to release an AI security tool this month using models from Anthropic, OpenAI, and itself, as a cost-effective Mythos alternative (Aaron Holmes/The Information)
• Kalshi is offering wagers on the outcomes of late-stage clinical drug trials and regulatory decisions, launching a pilot of 13 new biotech contracts (Madison Muller/Bloomberg)
• Sources: Coatue is leading a $3B investment in Databricks that values the data analytics software company at $188B, a 40% increase from its December valuation (Wall Street Journal)
• US chip, memory, and storage stocks fell sharply on Thursday, with Sandisk down 13%, Seagate 10%, Western Digital 9%, and Intel and Micron 6% each (George Steer/Financial Times)
• Filing: South Korean authorities conducted an on-site search of Chinese chipmaker Montage's offices in connection with potential competition law violations (Nikita Maria Jino/Reuters)
• Memo: MLB bans the use of league-provided dugout iPads to access GenAI for in-game strategy calls; sources say at least a third of teams used AI this way (Eno Sarris/The Athletic)
• Sources: Dassault Systèmes is in talks to buy drug trial software maker ArisGlobal from Nordic Capital for about $2B, extending its push into life sciences (Financial Times)
• The EU accepts X's plan to meet DSA transparency obligations and give researchers access to data, giving X six months to implement it, following a €120M fine (Foo Yun Chee/Reuters)
• Source: UK robotics startup Humanoid raised $150M in the first tranche of a Series A at a $1.2B pre-money valuation and seeks another $80M-$100M by September (Rocket Drew/The Information)
• Source: PayPal's board sees Stripe and PE firm Advent International's $53B takeover bid as undervaluing the company and facing regulatory and financing hurdles (Reuters)
• A NY school district is piloting Realbotix's humanoid robot teacher to help STEM students; Realbotix rebranded after acquiring sex doll company RealDoll in 2024 (Chase DiBenedetto/Mashable)
• US Homeland Security says it seized 30K+ SIM cards in June and July in a nationwide operation it claims dismantled infrastructure used in telephone fraud (Lorelei Smillie/Bloomberg)
• Netflix says roughly 300 titles used generative AI this year, mostly in post-production, "to deliver higher quality output more quickly and at a lower cost" (Emma Roth/The Verge)
• An NYT reporter finds AI-generated, unauthorized biographies of herself and other journalists on Amazon, where AI-made books with elusive "authors" proliferate (Kashmir Hill/New York Times)
• Netflix reports Q2 revenue up 13% YoY to $12.56B, vs. $12.59B est., and says it will give fewer engagement updates starting in 2027; NFLX drops 8%+ after hours (Lillian Rizzo/CNBC)
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| • A White House teleprompter operator reportedly won big betting on presidential speeches
• Netflix says it's already used AI in 'roughly 300' titles this year
• Activist group takes over London bus stops with fake Meta Glasses ads
• Roblox will offer AI-generated game creation on mobile later this year
• Honda is officially pulling the plug on its only EV in the US
• MLB bans using dugout iPads for AI-powered in-game strategy calls
• Microsoft accused of unfair labor practices by US and Canadian video game unions
• NTSB investigators confirm Tesla driver overrode Full Self-Driving system in fatal crash
• The AMD Ryzen 7 7700X3D chip is now available for $329
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• Sonos brings tab navigation, speaker sorting and more to its app
• Google AI Mode now integrates with Canva, YouTube Music and Instacart
• An OLED iPad mini could finally arrive this year
• Google's NotebookLM is now Gemini Notebook
• Suno brings its gen AI music gunk to iMessage
• Smart speakers could help OpenAI lose even more money
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