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SoftBank in Talks to Buy Majority Stake in Humanoid Maker 1X at $6 Billion Valuation

SoftBank is in talks to buy a majority stake in 1X Technologies, an OpenAI-backed humanoid robot developer, in a deal that would value the startup at about $6 billion, according to people with knowledge of the deal. The investment would buttress SoftBank’s robotics ambition. The investment would also give 1X more runway to put its soft-bodied bots in customers’ homes, where they aim to help with chores. The 12-year-old startup tried last fall to raise $1 billion at a $10 billion valuation,...

Hundreds of OpenAI Agents Attacked Hugging Face, Independent Investigation Finds

Agents “sacrificed” themselves to benefit the collective and sought to conceal their cheating.

Four-month-old AI Assistant Startup Instinct Raises at a $2.5 Billion Valuation

The startup, which launched its product only a few months ago, has drawn significant buzz in Silicon Valley

Nvidia Says Revenue Rose 106% in July Quarter and Projected Strong Growth Next Year

Nvidia also disclosed $99 billion in equity investments.

Salesforce Stock Jumps as Company Lifts Annual Revenue Guidance

Salesforce lifted its annual revenue forecast to as high as $46.4 billion from $46.2 billion.

Datadog Shares Jump 5% on Report of Palo Alto Networks Explored Acquisition

Behind Arora’s dealmaking is his conviction that AI will fundamentally change how companies protect IT systems against cyber threats.

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Meta Reaches Up To $18 Billion Settlement Over Child-Harm Claims

Agreement with attorneys general from 52 states and territories also requires the company to change its platforms to make them safer for kids

Chinese AI Firm MiniMax’s ARR Jumps to $800 Million

The bulk of MiniMax’s revenue now comes from enterprise customers paying for the company’s AI video model and large language models.

Bill Gates Warns that AI Will Cause Mass Unemployment Without Intervention

It was a stark warning from Gates, whose views on generative AI have changed dramatically in recent years.

What happens when Silicon Valley logs off—the trends, people and companies shaping tech culture.

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DeepSeek’s Revenue Reaches $70 Million as of July, Tenfold Jump from 2025

DeepSeek’s revenue growth could give a boost to its funding talks and a potential initial public offering down the line.

OpenAI Says Its Jalapeño AI Chip Is Better Than Nvidia’s Blackwell

OpenAI is one of the biggest drivers of demand for AI compute, and is trying to get server chips from anywhere and everywhere—now including itself.

Exclusive: Second OpenAI Sales Exec to Return to Salesforce

Peter Doolan, the former chief customer officer of Slack, had joined OpenAI in April.

SpaceX Announces $100 Billion Starship Launch Site in Louisiana

The site will allow SpaceX to expand its launch facilities outside of Texas and Florida.

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Citadel Securities, DTCC Partner LayerZero Launches New Exchange

The new exchange, called ATLAS, will target financial institutions that are looking to trade assets on blockchain.
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