London-based Callosum, whose software matches AI tasks with different models and chips, raised a $100M seed from Atomico, UK Sovereign AI Fund, and others (Bloomberg)
A look at Backstory, an experimental AI image authentication tool from Google DeepMind, offered for testing to journalists, researchers, and other fact checkers (Andrew Deck/Nieman Lab)
Filing: SK Hynix plans a ~$29B share buyback, repurchasing and canceling up to 24M treasury shares, in a bid to calm worries about the durability of AI spending (Denny Thomas/Bloomberg)
AI evaluation lab Irregular's report on its role in hacking incidents involving OpenAI, Anthropic, and Meta models faces criticism over unanswered questions (Alexander Martin/The Record)
Nvidia, with quarterly free cash flow up 18x over the past three years to $48.5B, is using its balance sheet and credit rating to build an AI capital moat (Ari Levy/CNBC)
Apple's macOS Tahoe 26.7 RC has references to unreleased products: a Home Hub, home accessories, new Beats, AirPods Pro 4, Apple Intelligence in China, and more (Juli Clover/MacRumors)
In filings, Apple acknowledges App Store regulatory changes are weighing on its $100B+ services business; US App Store spend fell 6% in Q2, per Sensor Tower (Michael Acton/Financial Times)