Sources: DeepSeek generated $70.7M in revenue and posted a $106M net loss in the first seven months of 2026, ~10x its full-year 2025 revenue on a $139M net loss (The Information)

Sources: DeepSeek generated $70.7M in revenue and posted a $106M net loss in the first seven months of 2026, ~10x its full-year …

The US AI data center buildout is posing complex challenges to major lenders as they stretch themselves to finance, insure, and underwrite a novel asset class (Financial Times)

The US AI data center buildout is posing complex challenges to major lenders as they stretch themselves to finance, insure, and …

AI gold rush draws crypto firms away from Bitcoin

AI gold rush draws crypto firms away from Bitcoin https://bit.ly/4ioTh1q The price of Bitcoin has risen in August but is still f…

Bitcoin rises above $80K after jumping 20%+ last week, its biggest three-day gain since 2023; US spot bitcoin ETFs had $1.92B in net inflows last week (Lee Ying Shan/CNBC)

Bitcoin rises above $80K after jumping 20%+ last week, its biggest three-day gain since 2023; US spot bitcoin ETFs had $1.92B in…

UK filings: OnlyFans parent Fenix paid late owner Leonid Radvinsky $709M in the months leading up to his death in March; FY 2025 revenue rose 10% YoY to $1.55B (Shona Ghosh/Bloomberg)

UK filings: OnlyFans parent Fenix paid late owner Leonid Radvinsky $709M in the months leading up to his death in March; FY 2025…

Alibaba launches Wan3.0, a video generation model that can generate 30-second videos from documents, spreadsheets, slides, and web pages (Reuters)

Alibaba launches Wan3.0, a video generation model that can generate 30-second videos from documents, spreadsheets, slides, and w…

Global central banks are pushing CBDCs to defend monetary sovereignty against USD stablecoins, but are struggling to find demand for the digital currencies (Jonathan Levin/Bloomberg)

Global central banks are pushing CBDCs to defend monetary sovereignty against USD stablecoins, but are struggling to find demand…

A look at the collapse of Zondacrypto, Eastern and Central Europe's biggest crypto exchange, which went dark in April and is facing money laundering allegations (Andrew Higgins/New York Times)

A look at the collapse of Zondacrypto, Eastern and Central Europe's biggest crypto exchange, which went dark in April and is…

Alibaba plans to raise ~$10B in a follow-on share offering to fund AI investments; sources: it plans to offer 710M shares at a 3.6% discount to Friday's close (Reuters)

Alibaba plans to raise ~$10B in a follow-on share offering to fund AI investments; sources: it plans to offer 710M shares at a 3…

Sources: foldable iPhone feels durable, fits well in a pocket, has useful iPad-like app layouts, excels as a camera viewfinder but lacks telephoto and Face ID (Mark Gurman/Bloomberg)

Sources: foldable iPhone feels durable, fits well in a pocket, has useful iPad-like app layouts, excels as a camera viewfinder b…

The careers of Z.ai's Tang Jie and Moonshot AI's Yang Zhilin, once teacher and pupil at Tsinghua University, show that China's AI leap is no sudden development (Raffaele Huang/Wall Street Journal)

The careers of Z.ai's Tang Jie and Moonshot AI's Yang Zhilin, once teacher and pupil at Tsinghua University, show that C…