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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
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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

What Flock’s defenders are missing

This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first,  sign up here . Flock, the police-tech giant known for its network of some 120,000 automatic license plate readers around the US, announced some changes to its platform last Thursday. The updates are meant to prevent officers from using the platform for illegal or illegitimate purposes.  That includes stalking. The Washington Post recently identified 50 cases in which officers misused systems from Flock and its competitors, often to stalk and harass women. One woman in Wisconsin alleged that her officer ex-boyfriend searched for her car 179 times. Another woman was being stalked by the chief of police, with nobody to report him to. Flock has responded with practices aimed at ensuring that officers have a proper cause for every search, like using software to flag abnormal searches and requiring searchers to enter a criminal case number. The c...

African defense tech company Terra Industries, founded in 2024, raised a $52M seed round from 8VC and others, and says it's on track to book $100M in contracts (Dominic-Madori Davis/TechCrunch)

Dominic-Madori Davis / TechCrunch : African defense tech company Terra Industries, founded in 2024, raised a $52M seed round from 8VC and others, and says it's on track to book $100M in contracts   —  African defense tech company Terra Industries on Monday announced an additional $18 million in funding, bringing its seed round to $52 million. from Techmeme https://ift.tt/oInRGVs via IFTTT