Juby Babu / Reuters:
xAI launches Grok Code Fast 1, a “speedy and economical” agentic coding model, available for free for a limited time on GitHub Copilot, Cursor, Windsurf, more — Elon Musk's artificial intelligence startup, xAI, on Thursday released a new “speedy and economical” agentic coding model …
Hans Nichols / Axios:
In a letter, FTC chair Andrew Ferguson warns Google not to filter or suppress emails sent by Republicans over Gmail; Google says its spam filters are not biased — The Chairman of the Federal Trade Commission is warning Google not to filter or suppress emails sent by Republicans over Gmail …
Jonathan Vanian / CNBC:
Intel CFO David Zinser says the company received $5.7B from the US government on Wednesday evening; the White House says the deal is still “being ironed out” — Intel CFO David Zinser said that the semiconductor giant received $5.7 billion from the U.S. government on Wednesday evening.
Kif Leswing / CNBC:
Nvidia reports Q2 revenue up 56% YoY to $46.74B, above $46.06B est., Data Center revenue up 56% to $41.1B, and approves an additional $60B in share buybacks — Nvidia reported better-than-expected earnings and revenue on Wednesday, and said sales growth this quarter will remain above 50% …
404 Media:
4chan and Kiwi Farms sue the UK's Ofcom in a US court over the Online Safety Act, saying they aren't subject to UK law, after Ofcom tried to fine and block them — The notorious troll sites filed a lawsuit in U.S. federal court as part of a fight over the UK's Online Safety Act.
Kate Clark / Bloomberg:
Sources: cloud startup Vercel is raising hundreds of millions of dollars led by Accel at a valuation of about $9B, up from about $3B in a round last year — Vercel, a startup that helps companies develop web and artificial intelligence applications in the cloud, is raising hundreds of millions …
Riley Griffin / Bloomberg:
Trump says Meta plans to spend $50B on its “Hyperion” data center under construction in Louisiana; earlier, Meta said that its investment would exceed $10B — President Donald Trump said that Meta Platforms Inc. is planning to spend $50 billion on its massive data center in rural Louisiana.