Nvidia becomes the world’s most valuable company at $3.86 trillion
Microsoft follows with a valuation of $3.69 trillion, while Apple stands at $3.1 trillion
Grammarly to acquire email startup Superhuman to expand AI tools
Superhuman CEO says the deal will give the company more resources and help it expand into tools like calendars, tasks, and team collaboration
Germany asks Apple and Google to remove DeepSeek over data concerns
The commissioner says DeepSeek transfers users' personal data to China and has not proven that the data is protected
Singapore adjourns case over suspected Nvidia chip exports to China until Aug 22
Prosecutors says police needed more time to review documents and receive responses from overseas authorities
Meta wins case over AI training using copyrighted books
U.S. District Judge says authors did not provide enough evidence to show that Meta's use of their work harmed the market for their books
Microsoft sued by authors over AI training using pirated books
The authors are seeking a court order to stop the alleged infringement and damages of up to $150,000 for each work
U.S. lawmakers introduce bill to ban Chinese AI from federal use
U.S. executive agencies would be prohibited from buying or using those technologies unless granted an exemption by Congress
OpenAI says Chinese AI firm Zhipu AI is gaining ground with government contracts
The company is part of China's broader push to become a global leader in artificial intelligence and reduce dependence on U.S. technology
DeepSeek aids China’s military and evaded export controls, US official says
Among the allegations, the official says DeepSeek is sharing user information and statistics with Beijing's surveillance apparatus
BBC warns Perplexity to stop using its content or face legal action
BBC demands Perplexity stop scraping its content, delete training data, and propose financial compensation
Honda to use Helm.ai’s multi-camera vision system in EVs for hands-free driving
Helm.ai Vision uses images from multiple cameras to generate a bird’s-eye view of urban environments to support vehicle control
Apple aims to cut chip design time with AI tools
Apple finds advanced tools from design software firms key to chip development, says SVP hardware technologies
Meta offers $100 million bonuses to recruit OpenAI talent, says Altman
OpenAI CEO says that none of the company’s top employees had accepted the offers so far.
Elon Musk’s xAI seeks $4.3 billion in equity funding
The company faces rising expenses linked to hardware, computing power, and skilled staff
Adobe adds social media-ready AI image generation to phones
The app is now available on iOS and Android and includes Adobe’s own AI model along with Ideogram, Luma AI, Pika, and Runway