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28 Aug 2026

Elastic Stock Jumps 19% After Strong Q1 Earnings Beat, AI Adoption Accelerates to 37% of Top Customers

Elastic N.V. shares surged over 19% in extended trading after the enterprise search software company delivered fiscal Q1 2027 results that crushed Wall Street expectations. Revenue hit $478 million, up 15% year-over-year, while adjusted EPS of 70 cents beat estimates by 12 cents. The company raised full-year guidance and reported AI adoption among its largest customers jumped to 37% from 21% a year earlier.

4 Sources

Six-Legged Robot Masters Walking by Learning from Stick Insect in Just One Hour

Researchers from Tohoku University and VISTEC developed a six-legged robot that learns to walk from a stick insect using AI. The system autonomously adapts its gait across uneven terrain and continues walking even after losing a leg, showing promise for disaster response applications.

2 Sources

Marvell shares slide 8% as timing concerns over $120 billion Google AI deal eclipse strong earnings

Marvell Technology shares dropped 8% to $221.6 despite beating earnings estimates and raising revenue forecasts. Investor concerns centered on when the company's newly announced custom AI chip deal with Google—potentially worth up to $120 billion through fiscal 2033—would begin contributing meaningfully to revenue. CEO Matt Murphy clarified the deal's significant impact won't materialize until fiscal 2029.

9 Sources

80+ UK Stars Demand Legal Protection Against AI Voice Cloning as Scams Rise

Over 80 UK performers including Matt Lucas, Hugh Bonneville, and Nicola Coughlan have launched Save Our Voices Now, demanding legislation to protect voice ownership. With 28% of UK adults targeted by voice-cloning scams and AI able to replicate voices in just three seconds, the campaign urges Prime Minister Andy Burnham to grant statutory rights for individuals to own their voices.

3 Sources

Andreessen Horowitz Launches $1.1B Machine Age Fund to Accelerate AI Infrastructure Buildout

Andreessen Horowitz announced a new $1.1 billion Machine Age Fund focused exclusively on AI infrastructure hardware. The venture capital firm will invest in everything from computer chips and memory to data centers and robotics as hardware startups now represent over 20% of its deal flow. The fund addresses critical supply chain bottlenecks as AI computing capacity demands surge.

7 Sources

Meta AI Glasses Get Privacy Update to Stop Hidden Recording After LED Light Bypass

Meta is deploying a new privacy update for its Ray-Ban smart glasses that automatically stops recording if users cover the capture LED during filming. The update closes a loophole that allowed hidden recording after starting the camera, but privacy concerns remain as EU regulators probe the technology and a class-action lawsuit challenges Meta's privacy claims.

4 Sources

AI Chatbots Become Spiritual Guides as Gurus Launch Digital Platforms

Spiritual seekers increasingly turn to AI for spiritual guidance, prompting gurus like Jaggi Vasudev and Deepak Chopra to launch their own chatbot platforms. While AI offers accessible, non-judgmental advice anytime, experts warn that AI lacks lived experience and ethical accountability needed for genuine spiritual growth.

2 Sources

AI Eroding Trust in Doctors as 53% Turn to Chatbots for Second Opinion

A Use.AI survey of 15,428 adults reveals that 53% now use AI to verify professional advice before accepting it, with 46% saying professional credentials carry less weight. This expertise recession particularly affects doctors, teachers, and managers, with younger adults 70% more likely to question experts after consulting AI.

2 Sources

X Uncovers 200,000-Strong Chinese Bot Farm Amplifying Fears About AI Data Centers

X discovered a massive Chinese bot farm with 200,000 accounts, including 200 posting anti-AI data center content using ChatGPT-generated images. The disinformation campaign targeted legitimate American concerns about rising electricity costs and grid strain to manipulate energy policy debates.

6 Sources

16-year-old AI prodigy Raul John Aju trains 5 lakh students, pays father Rs 2 lakh monthly salary

Kerala's Raul John Aju has built an AI startup while still in Class 12, developing over 15 AI tools including MeBot and RESQ AI. The teenage entrepreneur runs ThinkCraft Academy, which has trained nearly 5 lakh learners worldwide, and employs his father at Rs 2 lakh per month to leverage his tech industry experience.

2 Sources

IREN Targets $4 Billion ARR Despite Q4 Miss as AI Cloud Business Accelerates

IREN stock fell over 8% after reporting fiscal Q4 revenue of $137.2 million and a wider-than-expected loss. Despite the miss, the data center firm signed new multi-year AI contracts with frontier labs and secured $2.8 billion in GPU financing as it accelerates its strategic pivot from Bitcoin mining to AI cloud services.

10 Sources

Google Upgrades Gemini Omni 1.1 Flash with 4K Video, Scene Extension, and Faster Draft Generation

Google launched Gemini Omni 1.1 Flash with major upgrades to AI video generation. The update adds 4K video upscaling, scene extension analyzing up to 10 seconds of context, keyframe-based transitions, and 360p draft generation that's 60% faster and costs one-third less than standard 720p output.

6 Sources

OpenAI Rolls Out ChatGPT Ads in India to Monetize 100 Million Users Ahead of 2027 IPO

OpenAI has launched ads on ChatGPT for free users and those on low-priced subscription plans in India, one of its largest markets with over 100 million weekly active users. The advertising rollout, now live in 39 countries, aims to boost monetization ahead of the company's planned 2027 IPO while maintaining answer independence and user privacy.

2 Sources

Google Imposes Strict Memory Limits on Android Apps as AI Chip Shortage Bites

Google has introduced stricter Android app quality requirements to combat industry-wide memory chip shortages driven by AI data center demand. Developers must optimize RAM usage, reduce bitmap memory, and shrink code by 25% before the February 2027 deadline or face reduced Play Store visibility.

3 Sources

Federal Judge Rules Pentagon Blacklisting of Anthropic Illegal Over AI Safety Guardrails

A federal judge ruled the Trump administration illegally blacklisted Anthropic after the AI company refused to allow its Claude models for lethal autonomous weapons and mass surveillance of Americans. Judge Rita Lin said the Pentagon's supply chain risk designation violated the First Amendment and was arbitrary and capricious.

42 Sources

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