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Databricks raised $5 billion in funding at a $190 billion valuation, representing a 42% increase in six months. The company has achieved a revenue run-rate exceeding $7 billion with year-over-year growth above 80%.

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Anthropic investors project the company could reach a $2 trillion valuation in an autumn initial public offering, exceeding SpaceX's $1.77 trillion IPO valuation from June. Anthropic has not confirmed any listing plans or valuation figures itself.

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DeepSeek increased API prices for DeepSeek-V4-Pro from $0.87 to $3.96 per million output tokens at peak rates starting August 16, while V4-Flash prices rose from $0.28 to $1.32. Off-peak rates were set at half the peak price for both models.

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Google's Tensor G6 chip delivers 25% faster browsing and 20% better power efficiency alongside a TPU with 50% more compute capacity. The Pixel 11 models include a new Titan M3 security coprocessor that adopts NIST's post-quantum cryptography standards for the first time on a Google phone.

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Cisco projects $7.5 billion in AI data center sales for the current fiscal year, below the $9.3 billion in AI-related orders accumulated over the past year. Investors viewed this forecast as disappointing given the company's position as the largest networking gear supplier.

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Uber's iOS app code shows development of a feature allowing children aged 10 to 12 to ride alone with a trusted adult contact and optional requirement for an adult at pickup. The company stated this is not yet a live product, with its current teen offering limited to ages 13 to 17.

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Gemini Intelligence is now integrated directly into Pixel 11's operating system to function across apps rather than confined to a chatbot interface. Google launches this capability weeks before Apple rebuilds Siri using Google's models, while device chief Rick Osterloh confirmed memory shortages will increase Pixel prices.

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Nvidia released Nemotron 3.5 Lightning, a 30 billion parameter mixture-of-experts model with three billion active parameters and a one million token context window. The model combines Mamba-2, MoE, and attention layers, with weights available on Hugging Face and ModelScope.

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Impersonation scams increased 1,400% year over year in 2025, with average payments rising over 600%. The average crypto payment across all scam categories climbed from $782 to $2,764.

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Persistent AI agents called Grok Bots can operate software applications continuously and autonomously across multiple platforms for $120 per month. Each Bot accesses applications through its own computer environment, continues working when the user's laptop is closed, and returns when needing approval or completing assignments.

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