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- As America’s AI boom drains venture capital from Africa, the continent’s startups are turning to domestic funding sources, like pension funds and local venture capital firms (Rivaldo Jantjies/Bloomberg)
- Record spending of $6.2 billion on data centers in the first quarter, up about 100% quarter-on-quarter, boosted investment growth in Australia, supporting an economy strained by high energy costs and tariffs (James Mayger/Bloomberg)
- Last.fm announces it is an independent company again, 19 years after being acquired by CBS; he plans to keep his current team and continue service as normal (Marella Moon/Engadget)
- Illinois Legislature passes SB 315, bill requiring annual independent security audits of major AI companies; bill heads to governor’s desk (Jared Perlo/NBC News)
- Between two naps, Trump blames Biden for the Lincoln Memorial
- HP reports second-quarter revenue up 9% year-over-year to $14.4 billion, compared with estimates of $14 billion, personal systems revenue up 13% to $10.2 billion, and forecast third-quarter adjusted EPS above estimates (Dina Bass/Bloomberg)
- Boeing CEO says he has met requirements to increase 737 Max production
- OpenAI announces partnerships to combat election misinformation, offering cybersecurity products to state officials and supporting legislation to combat deepfakes (Maria Curi/Axios)
