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Patreon lays off 20% of its workforce Aisha Malik 1:30 PM PDT · July 23, 2026 Patreon is laying off 20% of its workforce, or 93 people, CEO Jack Conte told employees on Thursday. In a memo to staff that was shared online by the company, Conte said Patreon’s core business is strong but that the...

Google justifies its massive AI spending with a booming cloud business Lucas Ropek 3:01 PM PDT · July 22, 2026 Alphabet investors have very publicly worried that the company’s massive AI spending isn’t worth the money. With the company’s latest earnings report, those investors should be able to...

After shocking quarter, IBM insists that AI isn’t killing the mainframe Julie Bort 4:47 PM PDT · July 22, 2026 On Wednesday, IBM officially reported earnings and the news was as bad as everyone knew it would be. While the 115-year-old company still generates boatloads of cash — $17.2 billion in...

Treasury threatens sanctions after White House claims Moonshot distilled Anthropic’s Fable Rebecca Bellan 1:49 PM PDT · July 22, 2026 U.S. Treasury secretary Scott Bessent doubled down on his warnings to Chinese AI companies on Wednesday, saying that sanctions remain on the table after a White...

How OpenAI’s human mistake led to the AI-powered hack on Hugging Face Lorenzo Franceschi-Bicchierai 12:11 PM PDT · July 22, 2026 On Tuesday, OpenAI revealed that one of its models went rogue during a test and hacked the systems of AI dataset platform Hugging Face in a fully AI-enabled attack , a...

Travis Kalanick’s robotics company raises $1.7B, led by a16z Sean O'Kane 11:50 AM PDT · July 22, 2026 Travis Kalanick’s robotics company, Atoms, has raised $1.7 billion in a funding round led by Andreessen Horowitz. Ben Horowitz will join the company’s board following the investment. Bain...

OpenAI’s AI spending spree has ballooned to $750B Tim De Chant 9:13 AM PDT · July 22, 2026 OpenAI announced Wednesday that it will spend $750 billion on infrastructure through 2030, some 25% more than it estimated earlier this year, The Wall Street Journal reported . The renewed blitz comes as...

Social media addiction lawsuit against Meta is dropped Sarah Perez 1:36 PM PDT · July 22, 2026 A day after Snap tentatively settled with the plaintiff in a social media addiction lawsuit, leaving Meta as the only remaining defendant, the case has been dropped. In a statement, Meta said the...

Arcee, a US open source AI lab, says Chinese models are not inherently dangerous Julie Bort 9:24 AM PDT · July 22, 2026 As Chinese open-weight AI models grow in capability and popularity , arguments about what should be done about them have once again reached a fever pitch. There’s talk that...

OpenAI says Hugging Face was breached by its pre-release models Russell Brandom 1:56 PM PDT · July 21, 2026 OpenAI admitted Tuesday that one of its AI models breached the systems of Hugging Face, the unaffiliated AI hosting platform, during an internal cybersecurity test that went awry. The...

Data centers expected to use 4x more electricity by 2035 Tim De Chant 11:06 AM PDT · July 21, 2026 Data centers are expected to use one-fifth of the electricity generated in the U.S. by 2035, four times that of today, according to a new report from BloombergNEF . A surge in AI compute will push...

Apple teams up with Klarna to launch a lease-to-own program for iPhones, iPads, and Macs Lucas Ropek 11:18 AM PDT · July 21, 2026 Apple is reportedly teaming up with deferred payment processor Klarna to launch a new lease-to-own program for its devices. Bloomberg reported Tuesday that the...

AI and the rise of the universal entertainment app Sarah Perez 12:39 PM PDT · July 21, 2026 All the big entertainment apps are starting to look the same, and that’s not an accident. For a decade, platforms fought over who would dominate a single format: music, video, podcasts, audiobooks. Now...

Jack Dorsey is taking on Slack with Buzz, a group chat platform for teams and their AI agents Amanda Silberling 12:43 PM PDT · July 21, 2026 Twitter and Block co-founder Jack Dorsey announced a new app on Tuesday called Buzz . Positioned as a challenger to Slack and GitHub, Buzz is a group chat...

OpenAI says Hugging Face was breached by its own pre-release models Russell Brandom 1:56 PM PDT · July 21, 2026 OpenAI admitted Tuesday that one of its AI models breached Hugging Face’s systems during an internal cybersecurity test that went awry. Hugging Face initially attributed the breach to...

Trump’s latest AI czar has already resigned Julie Bort 3:21 PM PDT · July 20, 2026 Chris Fall, the director of the Center for AI Standards and Innovation (CAISI), has resigned, the agency confirmed to multiple news outlets. He was appointed just three months ago after the last appointee, Collin...

Colossal Biosciences reportedly in talks to raise new capital at $20B–$30B valuation Marina Temkin 4:39 PM PDT · July 20, 2026 When de-extinction startup Colossal Biosciences revealed last year that it was attempting to “resurrect” the dire wolf from genetic material found in fossils , we argued...

Anthropic’s landmark $1.5B copyright settlement is approved Kirsten Korosec 5:12 PM PDT · July 20, 2026 Anthropic can finally start cutting checks to a group of authors and book publishers that sued the AI lab over copyright infringement. A federal judge gave final approval Monday of Anthropic’s...

Google is working on a new AI chip designed to make Gemini more efficient Lucas Ropek 2:21 PM PDT · July 20, 2026 Alphabet, Google’s parent company, is designing a new server chip to help its in-house Gemini models operate more efficiently. The new chip, internally dubbed “Frozen v2,” is slated...

AI’s most important protocol is getting a little bit easier to use Russell Brandom 1:50 PM PDT · July 20, 2026 The Model Context Protocol (MCP) is one of the basic building blocks of AI interoperability, giving AI models a secure way to access external data sources and services. It’s the...