Indian tech tycoon bets $30M of his own money to build AI alternative to Microsoft Office: Neo is Bhavin Turakhia’s fifth venture and his latest involving enterprise software. This time he's taking on Microsoft Office and Google Apps with AI. Read More
After $18B IPO, Bending Spoons founder says success comes from minimizing luck: The co-founders of Bending Spoons, the Italian company quietly buying beloved, ailing Internet brands, learned big lessons from their own startup's failure. Read More
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. Read More
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Microsoft launches its own AI deployment company with $2.5 billion commitment: Microsoft follows Amazon, OpenAI, and Anthropic with its new AI deployment group. Read More
SpaceX has an AI device prototype, and it sure sounds phone-ish: SpaceX reportedly showed investors a "handset-like" AI device before going public. It could be another signal SpaceX wants to expand into wireless. Read More
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. Read More
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. Read More
Ashton Kutcher leaving Sound Ventures to launch new VC firm with Morgan Beller: Sound built its reputation on concentrated, high-conviction bets in category-leading AI labs, while Kutcher's new fund appears to be chasing the layer underneath those companies — the infrastructure and energy that power them. Read More
Last but Not Least
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. Read More
