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Industry
SpaceX puts IPO funds into AI infrastructure and safe assets, not bitcoin
SpaceX has allocated funds raised after its IPO to AI infrastructure and short-term safe assets rather than increasing its bitcoin holdings, a report said. The company boosted money market funds and government securities while keeping bitcoin holdings at 18,712 BTC. It spent $15.83 billion on AI infrastructure in the second quarter. Concerns persist over rising AI spending and potential share sales by insiders, alongside elevated short interest and derivatives activity.
Mobility
CarPlay adds mini player and audio scrubbing in iOS 27
Apple is adding a mini player for audio apps and an audio scrubbing feature to iOS 27 CarPlay. The changes apply to CarPlay audio apps including Apple Music and Apple Podcasts. The top-right of the screen will show artwork and basic playback controls, allowing users to control audio without switching to the Now Playing screen. CarPlay will also support dragging the playback bar to jump to a desired point.
AI & Enterprise
OpenAI's first AI device likely priced at $300 to $400, seen as a 'living speaker'
OpenAI's first smart device is being discussed at a price of about $300 to $400 per unit, reports said. Bloomberg reported it is being developed as a portable, display-free smart speaker using high-end metal materials, with a built-in battery and donut shape about the size of a hockey puck. It is designed to work in different locations and may include movement to signal interaction. OpenAI is said to aim for a 2027 launch, though timing may change due to Apple’s lawsuit.
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Industry
HP, Asus start using China's CXMT DRAM amid AI-driven shortages
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Crypto
U.S. Senate push for Clarity Act draws backing from majority whip, faces Democratic and bank-sector resistance
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Industry
Workplace life is not easy: How to work with people who do not fit
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AI & Enterprise
Science ministry to expand science institute-affiliated gifted schools to nurture regional talent
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Games & Commerce
Devsisters posts Q2 operating loss of 16 billion won, seeks rebound with new CookieRun title
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Games & Commerce
OneStore to open AI-made games hub as Nexth platform strategy accelerates
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Telecommunications & Media
Apple Pencil USB-C vs Pro: key differences by model
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Crypto
Ark Invest buys more SpaceX and Circle, cementing them as top holdings
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Crypto
U.S. lawmakers urge CFTC to ban wildfire betting in prediction markets
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Mobility
China fits first sodium-ion battery to mining truck, tests performance in extreme cold
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AI & Enterprise
White House science tech adviser says AI job fears are exaggerated, companies shift blame
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Games & Commerce
Naver steps up AI expansion from infrastructure to offline data
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AI & Enterprise
KAIST develops AI chip that adapts response to data speed
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Crypto
U.S. banks face pressure to curb stablecoin returns; a16z says it could backfire
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Crypto
Coinbase, Circle pull ahead as U.S. Clarity Act delay creates regulatory polarisation