Melinda Gates’ venture firm backs Magnify Ventures’ $46.6M Fund II
Early-stage firm Magnify Ventures has raised a $46.6 million Fund II from LPs including Melinda French Gates’ Pivotal Ventures
OpenAI called the Hugging Face attack unprecedented. But we’ve been here before.
This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. Reading OpenAI’s account last week of how some of its models broke their containment and hacked into the computer systems of Hugging Face, another AI company, was the first time I got…
July 2026
OpenAI proposed donating 5% of its equity to a US sovereign wealth fund
OpenAI CEO Sam Altman has reportedly proposed giving 5% of the company’s equity to a U.S. sovereign wealth fund, reviving discussions about letting the public share in the financial gains from the AI boom.
Popular TV-tracking app TV Time is shutting down as company focuses on AI
TV Time, the popular TV tracking app, is shutting down on July 15 as parent company Whip Media pivots toward enterprise AI products.
Lucid Motors’ CFO is out as its new CEO continues leadership shakeup
The company announced a new slate of executive hires meant to help turn things around, as Gravity SUV sales are not taking off as expected.
US government says it got hacked — again
A top Democrat on the Senate’s Intelligence Committee warned that the information accessed on a Homeland Security intelligence-sharing network may risk national security.
Microsoft launches its own AI deployment company with $2.5 billion commitment
Microsoft follows Amazon, OpenAI and Anthropic with its new AI deployment group.
Tesla saw a massive sales jump in the second quarter
The company delivered more than 480,000 EVs globally, seemingly thanks to geographic expansion and cheaper versions of the Model 3, Model Y, and Cybertruck.
Teaching AI to run with the turbines
Artificial intelligence may have captured the public imagination through chatbots and image generators, but some of its most consequential use cases are unfolding far from consumer-facing tools. In industries where physical infrastructure, operational continuity, and safety are paramount, AI is becoming a core operating layer. With its sprawling industrial systems and constant stream of operational…
Rivian raises EV sales forecast as Q2 production ramps up
The company now expects to ship a few thousand more vehicles by the end of 2026 than it previously expected, after launching its R2 SUV last month.
The Download: a startup has a solution for AI’s groupthink problem
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. LLMs are stuck in a groupthink groove. This startup is trying to get them out. Open up your chatbot of choice—Claude, ChatGPT, Gemini—and type “Give me a random number between 1…