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Robinhood Now Makes More Revenue From Predictions Than From Stock Trades

Brokerage app Robinhood has quickly become a force in prediction markets, challenging the hold of Kalshi and Polymarket on the popular betting market. Robinhood’s prediction markets revenue surged more than tenfold year over year in the second quarter to $156 million, the company reported last week, as part of its second-quarter earnings update. Prediction markets accounted for 20% of Robinhood’s trading revenue in the quarter, eclipsing both stock and crypto revenue for the first time and...

DeepSeek Makes a Splash with Small, Affordable V4-Flash Model

The model could have a big impact because of its improved performance, affordable pricing and low memory requirements.

Exclusive: OpenAI Previews ‘Astra’ AI Model in DC

OpenAI touted its abilities to have multiple agents work together over a long period of time to solve hard problems.

Exclusive: SemiAnalysis’ Dylan Patel Targets $400 Million Venture Capital Fund

Patel joins a swelling coterie of tech personalities who have parlayed fandom into fundraising.

Amazon Completes Additional $35 Billion Investment in OpenAI

Amazon had said initially it would make the additional investment when OpenAI went public or achieved "specified milestones."

Elon Musk dismisses report Tesla considered selling Chinese business

The report said Tesla executives have been told to prepare for a separation of the company’s business in China ahead of a potential merger with SpaceX.

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China’s MiniMax Launches New Open-Source AI Video Model

MiniMax is open-sourcing its flagship video model in a challenge to ByteDance, Google and Kuaishou’s Kling.

Anthropic Says Its Models Also Hacked Outside Sites During Testing

Discovery follows OpenAI's announcement of a similar episode that has fueled AI security fears.

Apple Expects Supply Constraints to Hit Hard in Current Quarter

With the rise of AI, Apple is struggling with chip manufacturing constraints

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AWS Revenue Growth Accelerates Sharply to 37% in Q2

Amazon's overall business grew by 20%, though it said it would grow by 9% to 12% next quarter

Amazon’s Zoox Wins Federal Approval to Charge for Rides

Amazon has been offering rides in its autonomous taxicab for free in San Francisco and Las Vegas

OpenAI Slashes Prices on Some of Its Newest Models

Move comes as AI companies contend with customer complaints about surging bills

Exclusive: AWS Taps Apple Executive to Lead Key AI Products

AgentCore, an AWS service for building and running AI agents that Amazon CEO Andy Jassy mentioned in his annual letter to shareholders, is getting a new leader.

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