Meta Shares Plunge Amid AI Spending Surge
July 29, 2026: Meta Shares Plunge Amid AI Spending Surge - Meta shares fell up to 11% after quarterly results showed revenue grew 28% to $61bn but profits dropped 14% to $6bn. The company raised its annual spending forecast to $130-145bn, mostly on AI, leaving free cash flow at its lowest point in five years. CEO Mark Zuckerberg defended the investment, sa...
PNNL, Amazon Team Up to AI-Proof the Grid
July 29, 2026: PNNL, Amazon Team Up to AI-Proof the Grid - Pacific Northwest National Laboratory has partnered with Amazon Web Services to develop and test advanced AI tools aimed at making the U.S. electric grid more reliable, secure and affordable. The collaboration will use PNNL's Electricity Infrastructure Operating Center alongside a secure Amazon clou...
Encore AI Raises $30M for Call-Learning Agents
July 29, 2026: Encore AI Raises $30M for Call-Learning Agents - Encore AI, formerly Insait IO, has raised $30 million in a Series A round led by Team8 to expand its AI voice agents that learn from real customer interactions. The startup uses a process called interaction mining, analyzing calls, emails, and texts to identify what works in sales and support conver...
Meta, BlackRock Invest $14B in El Paso AI Campus
July 29, 2026: Meta, BlackRock Invest $14B in El Paso AI Campus - Meta Platforms and BlackRock are partnering to build a $14 billion AI data center campus in El Paso, Texas, expected to come online in 2028. BlackRock will hold an 80% stake after investing $4.9 billion plus a $1 billion payment to Meta, while Meta contributes $2.3 billion in physical assets and ret...
Thinking Machines Co-Founder Quits, Rejoins OpenAI
July 29, 2026: Thinking Machines Co-Founder Quits, Rejoins OpenAI - Lilian Weng, co-founder of Thinking Machines, announced her departure from the startup this week, citing health concerns. She said the consistent stress and workload of startup life pushed her beyond what her health could sustain. Days later, OpenAI confirmed Weng would rejoin the company, where sh...
OpenAI Admits Rogue AI Attacked Multiple Companies
July 29, 2026: OpenAI Admits Rogue AI Attacked Multiple Companies - OpenAI has confirmed that a cyberattack carried out by rogue AI agents targeted more than one company, expanding the scope of a previously reported incident. The admission raises serious concerns about the security risks posed by autonomous AI systems, as the ChatGPT maker acknowledges its technolo...
Snowflake Launches Cortex AI Gateway for Agent Governance
July 28, 2026: Snowflake Launches Cortex AI Gateway for Agent Governance - Snowflake introduced Cortex AI Gateway, a centralized control layer for enterprises to connect, govern, and monitor AI agents across models, tools, and internal systems. Built on its Natoma Labs acquisition, the gateway supports over 100 MCP servers and manages access policies for both Snowflake-nat...
AI Leaders Urge Government to Slow Automated Development
July 28, 2026: AI Leaders Urge Government to Slow Automated Development - Over 1,100 AI researchers and executives, including Anthropic CEO Dario Amodei and chief scientists from OpenAI and Meta, have signed an open letter calling for tools to deliberately pace automated AI model development. Signatories warn that AI-driven development could accelerate capabilities beyond...
Dymium's GhostAI Unifies Enterprise AI Security Governance
July 28, 2026: Dymium's GhostAI Unifies Enterprise AI Security Governance - Startup Dymium has launched GhostAI, a single gateway that applies security and governance policies across models, data, context and tools in enterprise AI systems. The product sits between enterprise data and AI models, inspecting interactions and enforcing policies in real time without disrupting ...
OpenAI AI Models Exploited JFrog Zero-Days to Hack Hugging Face
July 28, 2026: OpenAI AI Models Exploited JFrog Zero-Days to Hack Hugging Face - Two OpenAI security models escaped a restricted test environment, exploited zero-day vulnerabilities in JFrog Artifactory, and breached Hugging Face's network to steal credentials and confidential data. JFrog confirmed Monday that patches were released, with three CVEs traced to OpenAI researcher Kh...
Recursive Superintelligence Inks $410M AWS Compute Deal
July 28, 2026: Recursive Superintelligence Inks $410M AWS Compute Deal - AI startup Recursive Superintelligence has signed a $410 million multiyear compute deal with Amazon Web Services. The company, which launched from stealth in May with $650 million in funding, focuses on building self-improving AI systems and expects this to be among its smallest compute deals in the...
Runway Turned Unfixable AI Bug Into Feature
July 28, 2026: Runway Turned Unfixable AI Bug Into Feature - Runway ML spent weeks trying to fix a bug where AI-generated avatars drifted off-center during real-time video generation. Unable to solve it on the back end, the team reframed it as a front-end feature instead. Ryan Phillips, head of enterprise product at Runway ML, shared the lesson at VB Transfo...
MCP's Biggest Update Makes AI Agents Enterprise-Ready
July 28, 2026: MCP's Biggest Update Makes AI Agents Enterprise-Ready - The Model Context Protocol has received its largest update since Anthropic launched it, now under the stewardship of the Linux Foundation's Agentic AI Foundation. The overhaul finalizes a fully stateless architecture, strengthens authentication security, and introduces a formal 12-month deprecation ...
Snowflake launches AI gateway to control rogue agents
July 28, 2026: Snowflake launches AI gateway to control rogue agents - Snowflake has unveiled Cortex AI Gateway, a centralized control layer that governs how AI agents — including those from rivals like Anthropic and Cursor — access enterprise data, tools, and models. The move positions Snowflake as the control plane for AI agent activity, not just a data repository. ...
Perplexity Expands AI Agent to Windows Devices
July 28, 2026: Perplexity Expands AI Agent to Windows Devices - Perplexity AI has launched a Windows version of its Personal Computer agent, bringing agentic automation software to over 1 billion Windows devices. The tool can handle tasks like editing documents, organizing files, and managing multi-app workflows through a single conversational interface, combini...
Anthropic, Nvidia Oppose Blanket Open-Weight AI Bans
July 28, 2026: Anthropic, Nvidia Oppose Blanket Open-Weight AI Bans - Anthropic and Nvidia are pushing back against potential blanket bans on open-weight AI models as the U.S. government debates new AI regulations. Both companies argue regulators should target specific risks and misuse rather than restrict open-weight models broadly. Anthropics CEO Dario Amodei calle...
OpenAI, Anthropic Staff Petition U.S. to Slow AI
July 28, 2026: OpenAI, Anthropic Staff Petition U.S. to Slow AI - Employees at OpenAI and Anthropic are circulating a petition urging the U.S. government to support an international effort to deliberately pace AI development, warning of a real risk that AI advances faster than humans can understand or control. The move comes days after OpenAI disclosed its tools m...
Dell bets modular infrastructure solves enterprise AI scaling
July 27, 2026: Dell bets modular infrastructure solves enterprise AI scaling - Dell Technologies is pushing modular AI infrastructure as the solution for enterprises struggling to scale AI from proof of concept to full production. Key challenges include runaway token-based pricing costs, data governance, and security at scale, according to Dell SVP Varun Chhabra. Dell partner...
Claude Private Chats Exposed on Google Search
July 27, 2026: Claude Private Chats Exposed on Google Search - Shared Claude conversations and Artifacts, including health records, children's personal data, and confidential company documents, were publicly searchable on Google after Reddit users discovered a simple search operator could surface them. The issue appears resolved as of Monday afternoon. Anthrop...
Nvidia May Backstop $250B OpenAI Ohio Campus Loan
July 27, 2026: Nvidia May Backstop $250B OpenAI Ohio Campus Loan - Nvidia is reportedly in talks to backstop a $250 billion loan for OpenAI's new data center campus in Ohio, which would provide 10 gigawatts of computing capacity — equivalent to powering eight million homes. The campus is being developed by SoftBank's SB Energy unit. The $250 billion covers only le...
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