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09 Aug 2025

Core Scientific's Q2 2025 Results: Pivoting from Bitcoin Mining to AI Infrastructure

Core Scientific reports a 44% revenue decline in Q2 2025, highlighting its transition from bitcoin mining to AI-focused digital infrastructure services. The company's pivot includes significant growth in colocation services and a pending merger with CoreWeave.

2 Sources

Pinterest CEO Downplays Agentic Shopping, Emphasizes AI-Enabled Assistance

Pinterest CEO Bill Ready discusses the future of AI in shopping, emphasizing the company's current AI-enabled assistance while downplaying the immediate potential of fully agentic shopping experiences.

2 Sources

Apple's AI Strategy Under Scrutiny: Analysts Warn of Potential 'BlackBerry Moment'

Apple faces criticism for its slow progress in AI development, with analysts suggesting urgent measures to catch up with competitors and maintain its market position.

8 Sources

GPT-5 Launch Sparks User Backlash and Raises Questions About AI Progress

OpenAI's release of GPT-5 has led to widespread user dissatisfaction and debates about the pace of AI advancement, forcing the company to make rapid adjustments.

61 Sources

AI Real Estate Startup CEO Receives Threatening Package Amid Industry Disruption

Blake Owens, CEO of AI-powered real estate platform Agrippa, received a bloody pig's head and threatening note, highlighting tensions between traditional brokers and AI-driven innovations in the industry.

2 Sources

Taiwan's July Exports Surge 42% on Strong AI and Tech Demand, Setting 15-Year Record

Taiwan's exports in July grew at their fastest rate in 15 years, driven by strong demand for AI-related and other tech products. The surge comes amid uncertainty over new U.S. tariffs set to begin in August.

2 Sources

AI Talent War Intensifies: Meta's Billion-Dollar Offers and OpenAI's Stance on Industry Competition

The AI industry is experiencing an unprecedented talent war, with companies like Meta offering astronomical compensation packages. OpenAI's CEO Sam Altman criticizes the focus on "shiny names" and argues for a broader talent pool.

6 Sources

OpenAI Reverses Course on GPT-5 Launch, Brings Back GPT-4o Amid User Backlash

OpenAI reintroduces GPT-4o and multiple model options following intense user criticism of GPT-5's launch, highlighting the complexities of AI model development and user attachment.

31 Sources

08 Aug 2025

BuzzFeed's Q2 2025 Earnings: Revenue Surge and AI-Driven Transformation

BuzzFeed reports an 18% jump in Q2 2025 revenue, beating analyst expectations. The company is focusing on AI integration and direct audience growth while facing profitability challenges.

2 Sources

Japan's Yomiuri Shimbun Sues AI Firm Perplexity for Alleged Content Misuse

Japan's Yomiuri Shimbun newspaper has filed a lawsuit against US-based AI firm Perplexity, accusing it of "free-riding" on its content. The case highlights growing tensions between traditional media and AI companies over content usage.

2 Sources

Google Finance Gets AI Makeover: Chatbot, Real-Time Data, and Advanced Charting Tools

Google announces a significant update to Google Finance, incorporating AI features, real-time data, and advanced charting tools to enhance user experience and compete with other financial platforms.

11 Sources

SoftBank Acquires Foxconn's Ohio Plant for $375M to Advance Stargate AI Project

SoftBank has purchased Foxconn's Ohio factory for $375 million, intending to repurpose it for AI server production as part of the ambitious $500 billion Stargate data center project in collaboration with OpenAI and Oracle.

7 Sources

xAI's Legal Chief Robert Keele Resigns Citing Work-Life Balance Concerns

Robert Keele, head of legal at Elon Musk's AI startup xAI, steps down after a year, citing the need for more family time and hinting at philosophical differences with Musk.

3 Sources

Meta Acquires AI Audio Startup WaveForms, Bolstering Voice AI Capabilities

Meta has acquired WaveForms, an AI audio startup specializing in emotion detection and replication in speech, as part of its strategy to enhance its AI capabilities and strengthen its new Superintelligence Labs division.

4 Sources

OpenAI Unveils GPT-5: A Game-Changing AI Model with Enhanced Capabilities and Reduced Hallucinations

OpenAI has launched GPT-5, its most advanced AI model yet, featuring improved performance across various tasks and a significant reduction in hallucinations. The new model is available to all users, including those on free accounts.

13 Sources

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