Demis Hassabis is leaving his role as CEO of Google DeepMind to be the unit's chairman and chief scientist for Alphabet (Ina Fried/Axios) Main Link | Techmeme Permalink

Elon Musk says SpaceX has decided to "build exclusively on Nvidia because we think the Vera Rubin architecture is the best architecture" (Shubhangi Goel/Business Insider) Main Link | Techmeme Permalink

Amazon's Zoox will start charging for rides in Las Vegas starting August 10, launching its commercial operations after offering free rides since last year (Kirsten Korosec/TechCrunch) Main Link | Techmeme Permalink

Faye, which offers travel insurance services and uses AI to help resolve claims, raised a $50M Series C led by Madrona, taking its total funding to $100M (Chris Metinko/Axios) Main Link | Techmeme Permalink

Developers in Africa are increasingly choosing Chinese open-source AI models over US models, saying they are downloadable, easier to customize, and much cheaper (New York Times) Main Link | Techmeme Permalink

Sources: ByteDance founder Zhang Yiming told employees at an all-hands last month that the company will not use model distillation to accelerate capabilities (The Information) Main Link | Techmeme Permalink

How Pringles maker Kellanova is using AI and a partnership with Siemens to improve production of the chip in Europe, including making digital twins of its dough (Isabelle Bousquette/Wall Street Journal) Main Link | Techmeme Permalink

Anthropic confirms it is building an in-house silicon team to design custom chips for Claude, co-designing hardware and models and using a "multi-chip approach" (Tom Carter/Business Insider) Main Link | Techmeme Permalink

Sources: Google is in talks with AI coding agent startup Mechanize on a possible deal, potentially worth $1.5B+, to hire some of its talent and license its tech (Business Insider) Main Link | Techmeme Permalink

FanDuel parent Flutter says CEO Peter Jackson is stepping down, replaced by President Dan Taylor, and reports a lower profit outlook as its US business falters (Wall Street Journal) Main Link | Techmeme Permalink

The UK Competition Appeal Tribunal rejects Google's bid to block a class action alleging it overcharged businesses for search ads and abused its dominance (Upmanyu Trivedi/Bloomberg) Main Link | Techmeme Permalink

Google says it will begin removing Google Assistant from Android and Wear OS devices on September 4, replaced by Gemini; Assistant remains on connected cars (Abner Li/9to5Google) Main Link | Techmeme Permalink

Uber CEO Dara Khosrowshahi says the company plans to spend $10B+ "over the coming years" to deploy 120K driverless vehicles, aiming to hit 15+ cities in 2026 (Financial Times) Main Link | Techmeme Permalink

Shopify reports Q2 revenue up 34% YoY to $3.6B, above $3.45B est., GMV up 32% YoY to $115.6B, and forecasts Q3 revenue above est.; SHOP jumps 30%+ pre-market (Deborah Sophia/Reuters) Main Link | Techmeme Permalink

Uber reports Q2 revenue up 12% YoY to $14.2B, below $14.24B est., Gross Bookings up 24% to $58B, above $57B est., and forecasts Q3 adjusted EPS below est. (Lora Kolodny/CNBC) Main Link | Techmeme Permalink

Circle reports Q2 revenue up 7% YoY to $701M, below $712M est., net income of $48M, vs. $43M est., and USDC circulation at $73.4B on June 30; CRCL fell 20% YTD (Olga Kharif/Bloomberg) Main Link | Techmeme Permalink

Study: Palantir's European units made €440.5M in 2024 revenue but reported sharply lower margins than its US operations, helping cut its European tax bill (Antoaneta Roussi/Politico) Main Link | Techmeme Permalink

Disney announces a global deal with TikTok to bring "thoughtfully curated" fan-created short-form videos based on Disney's IP to Disney+'s vertical Verts feed (Brooks Barnes/New York Times) Main Link | Techmeme Permalink

Dubai-based vehicle fleet management startup Moove raised $250M led by Abu Dhabi's Mubadala at a $2.1B valuation to build autonomous vehicle "nests" for docking (Loni Prinsloo/Bloomberg) Main Link | Techmeme Permalink

Europe's established tech groups SAP, Capgemini, Sopra Steria, and OVHcloud report stronger AI demand, as enterprises shift from experimentation to deployment (Leo Marchandon/Reuters) Main Link | Techmeme Permalink

Uber and Wayve say Wayve received London private hire vehicle licenses for supervised robotaxis ahead of a full rollout; Waymo plans to offer robotaxis in 2026 (Natalie Lung/Bloomberg) Main Link | Techmeme Permalink

At the 2026 International Congress of Mathematicians, 20+ mathematicians reflect on how AI advances are transforming their work and field; many are optimistic (Kai Williams/Understanding AI) Main Link | Techmeme Permalink

How Reddit moderators are battling AI-powered astroturfing ad campaigns that exploit the platform's trusted reputation to promote skincare and other products (Mia Sato/The Verge) Main Link | Techmeme Permalink

Innolight falls after a report said the US plans to restrict imports of new Chinese data center optical transceivers; 62% of its Q1 revenue came from the US (Reuters) Main Link | Techmeme Permalink

A profile of livestream shopping app Whatnot, which added 20M accounts in 2025, facilitated the sale of ~$8B in goods, and is set for $1B+ in revenue in 2026 (Wall Street Journal) Main Link | Techmeme Permalink

Sources: Samsung and SK Hynix are evaluating chipmaking equipment from China's AMEC for possible use at their Chinese factories, as they hedge against US curbs (Reuters) Main Link | Techmeme Permalink

Cloudflare announces Cloudflare Wallets for users to pay for APIs and content via stablecoins, with the ability to create virtual wallets for agentic shopping (Jeff John Roberts/Fortune) Main Link | Techmeme Permalink

The AI frenzy has divided the VC market, as the gap between top and bottom performers has more than doubled for 2024 funds compared to funds from 2017 to 2021 (Bloomberg) Main Link | Techmeme Permalink

SpaceX reports Starlink subscribers up 100% YoY to 12M, vs. 12.19M est., and monthly ARPU of $66, down from $85 a year earlier (Todd Bishop/GeekWire) Main Link | Techmeme Permalink

House panel report: US telcos connected their systems to data centers in a way that exposed them to vulnerabilities, potentially enabling Salt Typhoon hacks (Kelcee Griffis/Bloomberg) Main Link | Techmeme Permalink