Female-founded semiconductor AI startup SixSense raises $8.5M
SixSense offers an AI-powered platform that helps chip makers prevent defects. It landed backing led by Peak XV’s Surge (formerly Sequoia India & SEA).
Allianz Life data breach affects 1.1 million customers
Data breach notification site Have I Been Pwned notified 1.1 million customers of a July data breach, a number not previously reported.
Others
Amazon CEO wants to put ads in your Alexa+ conversations
Amazon is spending a fortune on AI infrastructure and CEO Andy Jassy sees a new way to pay for it with Alexa+.
Apple projects tariff costs will hit $1.1B next quarter
That’s an uptick from the $800 million hit last quarter.
Reddit revenue soars as it bets on AI and advertising
Reddit reported its Q2 earnings, and it’s clear that its focus on AI has ramped up significantly.
Apple has now sold three billion iPhones
The rate of iPhone sales growth has accelerated too.
Apple plans to ‘significantly’ grow AI investments and is open to M&A
Apple is open to M&A to accelerate its AI strategy, and says it’s made seven acquisitions this year so far.
AI Won’t Replace Marketers — But It Will Replace Lazy Ones Unless You Learn to Use It Strategically
Most marketers are using AI wrong — and it’s not just wasting time, it’s exposing who actually knows how to do the job.
How Much Does Apple Pay Its Employees? Here Are the Exact Salaries of Staff Jobs, Including Developers, Engineers, and Consultants.
New federal filings submitted by Apple reveal how much the tech giant pays its employees for a variety of roles.
Iconiq’s Will Griffith explains how his firm celebrated Figma’s IPO and why investors sold shares
Will Griffith is a seed investor in Figma. Investors didn’t want to sell millions of shares. He explains why they did it anyway.
Enterprises prefer Anthropic’s AI models over anyone else’s, including OpenAI’s
Anthropic holds 32% of enterprise LLM market share by usage. This is a sharp reversal from just two years ago when OpenAI held 50%.