Jump, a SaaS startup founded by Alex Rodriguez and Marc Lore for managing sports ticketing and fan experiences, raised a $23M Series A at a $100M+ valuation (Justin Birnbaum/Forbes)
Meta's standalone Meta AI app, launched in April 2025, offers an uneven experience, often hallucinating facts and failing to provide personalized responses (Bloomberg)
An interview with Sam Altman on spending billions on AI infrastructure, wanting Chrome if it's really selling, AI models saturating the chat use case, and more (Ina Fried/Axios)
How Google's Jigsaw and longtime pollster Scott Rasmussen plan to use AI to survey Americans to find common ground ahead of the US' 250th anniversary (Richard Nieva/Forbes)
Meta's strong Q2 shows it has learned a company must give investors short-term results to get permission for long-term investments, such as its AI ambitions (Ben Thompson/Stratechery)
Morgan Stanley: hyperscalers will fund about 50% of the $2.9T in future AI infrastructure through 2028, with debt, PE, VC, and other sources making up the rest (Tabby Kinder/Financial Times)
Companies, including Google and Cisco, have reinstated in-person interviews for some roles to combat AI-driven cheating, with some using deepfake detection tech (Ray A. Smith/Wall Street Journal)