• Sources: Demis Hassabis pitched a new independent industry AI safety entity, modeled on the IAEA, to top Trump officials before stepping down as DeepMind CEO (Wall Street Journal)
• Meta says it removed 750,000+ Australian accounts believed to belong to under-16s to comply with the social media ban, including 462,000 Instagram accounts (Newley Purnell/Bloomberg)
• In Q2 2026, server-led eSSDs reached 48% of NAND flash shipments as AI workloads shifted from training to inference, driving 5x YoY industry revenue growth (Counterpoint Research)
• A look at workers in India who are paid extra to wear devices that capture first-person video of factory and other work tasks for use as AI robot training data (Saritha Rai/Bloomberg)
• Counterpoint: China's YMTC accounted for 14% of NAND flash shipments in Q2, behind Samsung's 25% and SK Hynix's 22%, but ahead of Micron and Kioxia (Howard Liu/South China Morning Post)
• Lenovo reports Q1 revenue up 43% YoY to $26.94B, its highest quarterly revenue growth in five years, as AI-related revenue rose 60% YoY to $9.3B, 35% of total (Laurie Chen/Reuters)
• Coinbase, Block, and 30+ other crypto companies say frontier AI safety guardrails hinder legitimate security work while attackers use stronger tools (Shaurya Malwa/CoinDesk)
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• Taiwan says it detected AI-assisted cyberattack campaign from overseas targeting government agencies last month, but affected agencies successfully "handled" it (Reuters)
• Wealth managers are cutting fees and hiring staff in Silicon Valley to win over OpenAI and Anthropic workers before IPOs mint a new class of millionaires (Financial Times)
• Rapidly advancing AI tools have created investor uncertainty and fear around the SaaS business model and the private equity and credit built on top of it (Bloomberg)
• Research: 53M+ people in China worked as food delivery or ridesharing drivers as of 2025, up 10M in two years, amid accelerating automation in manufacturing (Financial Times)
• London- and Boston-based Mindgard, which offers automated AI security and red-teaming tools to help organizations secure AI systems, raised a $30M Series A (Ionut Arghire/SecurityWeek)
• Foreign investment in Japan's chip industry reaches ~$37B, as government subsidies attract companies working on logic and memory chips and image sensors (Shuhei Ochiai/Nikkei Asia)
• President Trump signs a memo letting the US government partner with private companies to conduct cyberattacks abroad against criminal groups targeting Americans (Patrick Howell O'Neill/Bloomberg)
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