Happy Wednesday.
OH on our Slack today: omg no!
😅
Enjoy today's news.
SpaceX reports $7.8B in Q2 revenue, up 92% year-over-year, fueled by Starlink growth and a 247% surge in AI revenue.
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Nvidia launches Alpamayo 2 Super, an open reasoning model that lets autonomous vehicles think before acting, powering robotaxis, trucks, and delivery robots.
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Spotify hits 300M subscribers for the first time, reaching 777M monthly active users.
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The White House excludes open-source models from its AI framework, keeping the review process and its details private.
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Meanwhile, the Federal Communications Commission drafts a ban on new Chinese data center transceivers to protect U.S. AI infrastructure security.
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Joby Aviation partners with Travis Kalanick's Atoms to build America's vertiport network, starting operations in Florida, New York, and Texas.
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Rocket Lab wins a $397M Space Force contract to build and launch Flatellite spacecraft, enabling real-time airborne threat detection.
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A Saudi-led group of investors acquires Electronic Arts for $55B, taking the gaming giant private.
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Cloudflare launches Wallets, programmable digital wallets that store stablecoins, purchase services, and receive funds across the web.
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Walmart finalizes its $1.4B acquisition of TV advertising company Vibe.co to expand its streaming TV advertising business.
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Black Forest Labs debuts FLUX 3 Video, a video generation model with native audio, text-to-video, image-to-video, and Draft mode.
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Spanish startup HappyRobot raises $150M to accelerate its Enterprise Superintelligence vision, reaching a $1.2B valuation.
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TareBio launches an AI-powered vaccine platform that creates personalized cancer and infection vaccines within weeks.
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As promised, tech and startups in a minute.
See you tomorrow.
P.S. Thank goodness Jensen brought the chips 😂
