SpaceXAI launches Grok Bot as the agent race moves to office work
SpaceXAI launches Grok Bot as the agent race moves to office work

SpaceXAI has launched Grok Bot in beta, AI agents that sign into apps and websites, retain context between tasks and coordinate with each other. Access is limited at first to SuperGrok Heavy, Cursor Ultra and Cursor Teams Premium subscribers, with an e…

Sonos Plans September Launch Event and Deeper Push Into Home AI
Sonos Plans September Launch Event and Deeper Push Into Home AI

Sonos chief executive Tom Conrad says model quality will converge and the advantage will sit with hardware that already knows a home. An FCC filing names the first product of that push, the Ace Ultra headphones, expected at a September launch event. So…

Target appoints its first chief AI officer as retailers scale up AI spending
Target appoints its first chief AI officer as retailers scale up AI spending

Target has named Lowe’s executive Chandhu Nair as its first chief AI officer, starting August 24. IBM research puts the share of organisations with a chief AI officer at 76% this year, up from 26% in 2025. Target has appointed its first chief AI office…

Nvidia stopped funding the AI boom alone, Saudi banks cannot fund theirs, and 500 US towns have banned the buildings
Nvidia stopped funding the AI boom alone, Saudi banks cannot fund theirs, and 500 US towns have banned the buildings

  Nvidia said on Monday it would partner with six of the largest names in private capital to finance AI infrastructure through vehicles worth more than $500 billion. Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR are all in. The compa…

Fei-Fei Li: the real risk of AI in classrooms is students who stop wanting to learn
Fei-Fei Li: the real risk of AI in classrooms is students who stop wanting to learn

Fei-Fei Li thinks schools are worrying about the wrong thing. The danger of AI in classrooms is not that students will use it to cheat, she argues, but that it will strip away their reason to learn at all. She made the case on the science podcast Huber…

An activist investor says the market has decided Lionsgate is an AI casualty. It wants the studio to prove otherwise or sell.
An activist investor says the market has decided Lionsgate is an AI casualty. It wants the studio to prove otherwise or sell.

Activist investor Anson Funds is pressing Lionsgate to redefine itself for the AI era or put itself up for sale, according to a July letter to the board reviewed by Semafor. The argument turns on how the market reads a film library. “The rise of genera…

River AI raised $1.1bn to let companies train and keep their own models
River AI raised $1.1bn to let companies train and keep their own models

River AI has raised $1.1bn, roughly four months after the company was incorporated. General Catalyst and AMP PBC led the round, with strategic investment from NVIDIA and AMD Ventures, and further money from Y Combinator and Temasek. The Palo Alto compa…

China bets on AI weather forecasting as extreme storms close in
China bets on AI weather forecasting as extreme storms close in

As Typhoon Dolphin bore down on China’s coast this week, the country’s bet on artificial intelligence to read the skies looked less like a research curiosity and more like national infrastructure. Extreme weather is intensifying, the cost of getting a …

HSBC Asset Management invests in London-founded Model ML

Model ML, the London-founded AI automation startup for financial services founded by two brothers, has received equity investment from HSBC’s asset management arm, it said today. The new funding for a…