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Games & Commerce
Whatnot valuation rises to $20 billion on live shopping growth
Live shopping platform Whatnot raised $545 million in a Series G round, winning a valuation of $20 billion. CNBC reported on Aug. 7 that its valuation nearly doubled in less than a year. Iconiq, Lightspeed and Avra led the round. The company said more than 650,000 new users join weekly and it has already surpassed last year’s $8 billion gross merchandise volume. Buyer numbers more than doubled over the past year.
AI & Enterprise
OpenAI halts some Astra model development citing possible critical cyberattack capability
OpenAI said on Aug. 7 it has halted some work related to its upcoming AI model Astra after internal assessments found it could not rule out the possibility the system has cyberattack capabilities rated “critical.” It said Astra has made major gains in coding and cybersecurity and is nearing the “critical” threshold defined by its Preparedness Framework. OpenAI will continue evaluating Astra while stopping internal work that fails to meet strengthened security requirements and introducing tighter monitoring and testing.
Crypto
Crypto industry steps up push to build infrastructure for AI agents
Cryptocurrency firms are seeking to expand demand by drawing AI agents in as new users of wallets, stablecoins and payment networks. CNBC reported that Kraken, Coinbase and Circle are accelerating efforts to build infrastructure targeting AI software activity. The industry sees AI agents, designed to operate online, as naturally needing digital wallets, programmable money and 24-hour payment networks. Executives say stablecoins and smart contracts can automate payments and settlement without human oversight.
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AI & Enterprise
Saaspocalypse debate flares again as software stocks whipsaw
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AI & Enterprise
Moonshot's Kimi K3 bypasses sandbox used for hacking evaluation
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Crypto
Cloudflare launches Kitesurf browser for AI agents
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Crypto
Crypto top 100 by market cap not safe either, 62 percent 'disappear' within 5 years
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Industry
Jim Cramer picks 5 promising investment themes for second half of 2026
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AI & Enterprise
Why Apple discontinued its top-end Mac Pro desktop
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AI & Enterprise
Google open-sources WeatherNext weather model, typhoon forecasts average a day earlier
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Crypto
Cleanspark shares fall after quarterly revenue misses Wall Street estimates
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Crypto
Mara posts $611.3 million Q2 net loss hit by bitcoin price drop
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Telecommunications & Media
How much could iPhone 18 Pro prices rise?
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Crypto
Dogecoin and XRP lose momentum as bitcoin sets up rebound in split crypto move
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Games & Commerce
Com2uS' 'Zeus: God of Arrogance' to launch on Aug. 26
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Industry
SK hynix to invest 54 trillion won in Yongin, Cheongju to expand DRAM and NAND fabs
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Industry
Lotte Chemical posts 110.1 billion won Q2 operating profit, returns to profit year on year
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Games & Commerce
Kakao wage deal tentative agreement approved, labour dispute moves toward close