A US judge sentences Keonne Rodriguez, a co-founder of crypto mixer Samourai Wallet, to five years in prison for helping to launder hundreds of millions — A co-founder of cryptocurrency mixer Samourai Wallet was ordered to spend five years behind bars for running a business that laundered hundreds …
David Sacks says there will be “no federal bailout for AI”, as the US has at least five major AI companies and “if one fails, others will take its place” — Venture capitalist David Sacks, who is serving as President Donald Trump's artificial intelligence and crypto czar …
Arm reports Q2 revenue up 34% YoY to $1.14B, royalty revenue up 21% YoY to $620M, vs. $586M est., and forecasts Q3 revenue above est.; ARM jumps 4%+ after hours — Arm Holdings Plc, which provides the most widely used technology in computing processors, gave a bullish revenue forecast …
Sources: Apple plans to use a custom 1.2T-parameter Google Gemini model to help power the new Siri next year and will be paying Google ~$1B annually for it — Apple Inc. is planning to use a 1.2 trillion parameter artificial intelligence model developed by Alphabet Inc.'s Google to help power …
A look at Bret Taylor's AI agent startup Sierra as it launches new products; source: Sierra is on track to exceed $100M in annualized revenue by January 2026 — Bret Taylor and Clay Bavor have sterling Silicon Valley pedigrees, with leadership roles at the biggest tech companies in the world.
Sources: Amazon sent a cease-and-desist to Perplexity, demanding it to stop letting Comet make purchases on users' behalf, accusing it of computer fraud — Amazon.com Inc. has sent a cease-and-desist letter to Perplexity AI Inc. demanding that the artificial intelligence search startup stop allowing …
A look at Palantir's four-month “Meritocracy Fellowship” for high school graduates, which offers a path to a job at Palantir without a university degree — Tech company offers 22 teens a chance to skip college for its fellowship, which includes a four-week seminar on Western civilization