• Microsoft says it is testing a fix to an outage affecting Exchange Online and Outlook, lasting for 17+ hours from around 11:30AM ET on Monday (Sarah Perez/TechCrunch)
• Hong Kong-listed Z.ai reports H1 2026 revenue up 5x YoY to ~$142M, with "open platform and API revenue" up 28x to ~$122M, and net loss down 12% YoY to ~$308M (Juro Osawa/The Information)
• Study: ~33% of UK adults say they used illegal streaming services in the past three months, costing the sports, TV, and film industries ~£1.4B in annual revenue (Daniel Thomas/Financial Times)
• Filing: OpenAI denies Apple's allegations of trade secret theft, saying "this dispute is a mess of Apple's own making, and it is trying to blame everyone else" (Deepa Seetharaman/Reuters)
• As Gov. Josh Shapiro, once a data center champion, calls them "predatory" and imposes guardrails, some in struggling western Pennsylvania welcome the projects (New York Times)
• AI startup Mirage streamed a 24-hour "live" AI news show on X on August 11, which cost ~$50K in tokens, featuring realistic avatars that struggled to converse (Alex Konrad/Upstarts Media)
• Anthropic details security efforts following Claude cyber evaluation incidents, including a weeks-long pause on higher-risk RL and work to curb reward hacking (Anthropic)
• Sources: Anthropic has signed a $35B cloud deal with Nvidia-backed Lambda; Nvidia will hold the lease on and supply chips to a Texas data center built by Hut 8 (Anissa Gardizy/Wall Street Journal)
• Florida says it is revoking permits for Flock cameras and similar license-plate readers on state roads and no longer intends to issue such permits (Ryan Gillespie/Orlando Sentinel)
• Filing: Apple claims a former iPhone engineer used a confidential Apple circuit schematic in his work at OpenAI, says evidence is being destroyed, and more (Chance Miller/9to5Mac)
• Sources: AI sales and marketing startup Clay is raising a round led by Wellington at a $7B pre-money valuation, up from $5B via an employee tender in January (Lucinda Shen/Axios)
• The Pentagon launches ChatGPT Mil and Grok for Government on its GenAI.mil platform, giving its 3M personnel access to AI tools "tailored to warfighter needs" (Kirsten Korosec/TechCrunch)
• Amazon says the FTC's complaint over Sponsored Ads cites no evidence of consumer price increases or advertiser harm, and misunderstands how advertisers operate (About Amazon)
• Sources: Polymarket is set to raise $1B led by 1789 Capital at a $21B post-money valuation; Donald Trump Jr. is a partner at 1789 and adviser to Polymarket (Amanda L. Gordon/Bloomberg)
• The US FTC and 22 state AGs sue Amazon, alleging it overcharged advertisers by $20B+ since 2019 via hidden surcharges, with costs largely passed on to consumers (Annie Palmer/CNBC)
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