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Source: OpenAI engineers earlier this month told some colleagues they had figured out a way to more than halve the cost of inference (Stephanie Palazzolo/The Information)
A study of 22K US companies shows those spending most heavily on AI are adding workers faster than peers, but most gains are among tech companies and startups (Financial Times)
Anthropic launches Claude Sonnet 5, saying it nears Opus 4.8 performance at lower prices and is substantially better than Sonnet 4.6 for agentic work (Anthropic)
Claude Sonnet 5 costs $2 per 1M input tokens and $10 per 1M output tokens through August 31, after which prices rise to $3 and $15, respectively (Zac Hall/9to5Mac)
Google shuts down the Tenor API, affecting GIF pickers on platforms like Discord, WhatsApp, and Bluesky; Nikita Bier says X has migrated elsewhere (Ben Schoon/9to5Google)
Omen AI, which provides real-time coolant health monitoring for data centers, raised a $31M Series A led by Nava Ventures, bringing its total funding to $41.5M (Tim Fernholz/TechCrunch)
WhatsApp rolls out username reservations globally, allowing users to claim a unique name before the privacy-focused feature launches later this year (Marcus Mendes/9to5Mac)
SCOTUS limits the law enforcement use of "geofence" warrants, saying people have "a reasonable expectation of privacy" in their cell-phone location data (TechCrunch)
Sources: Amazon is weighing using OpenAI's and its own Nova models to cut costs after Anthropic raised prices for using its models in Amazon products (Catherine Perloff/The Information)
Quantifind, whose AI products help banks combat financial crimes such as money laundering, raised $200M led by Summit Partners (Laura Kreutzer/Wall Street Journal)
In Q2, there were thirteen $1B+ US venture-backed startup exits, either through acquisition or IPO, the most exits since the 2021 market peak (Joanna Glasner/Crunchbase News)
California strikes a deal with Anthropic to expand the use of Claude products across state agencies and local governments at a 50% discount (Christine Mui/Politico)
Baz releases Baz Planner, which uses four specialized AI agents to analyze code at the planning stage, and extends its seed funding by $9M to $17M (Mike Wheatley/SiliconANGLE)
Sources: component and supplier lists, and photos of iPhone 18 Pro models, are among files a ransomware group stole from Apple's Indian supplier Tata (Reuters)
Waymo and Uber quietly ended their partnership in Phoenix in May; Uber says it is readying the launch of a separate autonomous vehicle partnership in the city (Sean O'Kane/TechCrunch)
As a new law bars DOD from working with companies whose lobbyists also represent blacklisted entities, DC lobbying firms drop companies like Alibaba and Tencent (Bloomberg)
Source: Taiwanese authorities raided Super Micro's Taiwan office as part of a probe into the alleged smuggling of Nvidia chips to China; SMCI closed down 8.1% (Debby Wu/Bloomberg)
Digital Realty says it plans to acquire a majority stake in three fully leased Northern Virginia data centers from Blackstone-managed funds in a $7.8B deal (Jaspreet Singh/Reuters)
Tidal adopts an AI policy that blocks wholly AI-generated music from earning royalties and removes AI-generated music that impersonates artists (Murray Stassen/Music Business Worldwide)
Sources: hundreds of Meta contractors posed as minors to probe how competitor chatbots responded to prompts involving suicide, sex, and other high-risk subjects (Wired)

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