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Sources: OpenAI CFO Sarah Friar told employees at an all-hands that OpenAI "will be a public company in 2027", or sooner if "our business continues to inflect" (CNBC)

CNBC : Sources: OpenAI CFO Sarah Friar told employees at an all-hands that OpenAI “will be a public company in 2027”, or sooner if “our business continues to inflect”   —  OpenAI CFO Sarah Friar told employees during an all-hands meeting on Wednesday that the artificial intelligence lab … from Techmeme https://ift.tt/7aPbIg1 via IFTTT
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Source: Nvidia has discussed an investment in Mercor as part of a round valuing the startup at $20B; Nvidia paid Mercor tens of millions of dollars last quarter (The Information)

The Information : Source: Nvidia has discussed an investment in Mercor as part of a round valuing the startup at $20B; Nvidia paid Mercor tens of millions of dollars last quarter   —  Nvidia has discussed an investment in Mercor, a data labeling provider that helps the chip designer develop its open-source AI models … from Techmeme https://ift.tt/jiCHAUd via IFTTT

Sam Altman says OpenAI's decision to pace its AI development was caused by a collection of research observations showing "various degrees of misalignment" (Alex Heath/Time)

Alex Heath / Time : Sam Altman says OpenAI's decision to pace its AI development was caused by a collection of research observations showing “various degrees of misalignment”   —  “I think it is a good time to slow down,” OpenAI CEO Sam Altman told me last week, describing the company's decision … from Techmeme https://ift.tt/8clunkV via IFTTT

The US SEC proposes exempting certain digital asset offerings from securities registration statements, with exemptions for offerings up to $5M and $75M (Bloomberg)

Bloomberg : The US SEC proposes exempting certain digital asset offerings from securities registration statements, with exemptions for offerings up to $5M and $75M   —  The Securities and Exchange Commission unveiled a proposal to exempt certain digital asset offerings from securities registration statements … from Techmeme https://ift.tt/ZJLWi0T via IFTTT

VC funding in physical AI companies totaled $47.4B across 521 deals in H1, up 80% from H1 2025, and more than the $41.9B invested from 2022 to 2024 (Mary Ann Azevedo/Crunchbase News)

Mary Ann Azevedo / Crunchbase News : VC funding in physical AI companies totaled $47.4B across 521 deals in H1, up 80% from H1 2025, and more than the $41.9B invested from 2022 to 2024   —  Funding to physical AI companies is booming in 2026.  —  Venture investors appear to increasingly see physical AI as the next leg of the broader AI boom. from Techmeme https://ift.tt/DMsAScm via IFTTT

BNPL lenders like Flex, Zip, and Affirm are now pitching loans for basic household needs; Americans spent $160B through pay-later loans in 2025, up 2x from 2023 (Stacy Cowley/New York Times)

Stacy Cowley / New York Times : BNPL lenders like Flex, Zip, and Affirm are now pitching loans for basic household needs; Americans spent $160B through pay-later loans in 2025, up 2x from 2023   —  The rapid growth of pay-later loans raises questions about whether their popularity is driven by consumer preference or desperation. from Techmeme https://ift.tt/OxYvL1n via IFTTT

Sources: Anthropic's revenue run rate reached $65B by the end of July, up from $47B in May and $9B in late 2025 (Bloomberg)

Bloomberg : Sources: Anthropic's revenue run rate reached $65B by the end of July, up from $47B in May and $9B in late 2025   —  Anthropic PBC is on track to generate annualized revenue of more than $65 billion based on its current performance, according to people familiar with the matter … from Techmeme https://ift.tt/vQHXcyL via IFTTT