There is a new browser war fought over AI capabilities and agentic functionality. The browser is shifting from a passive window to an active, intelligent agent for accomplishing tasks.

AI chip startup SambaNova Systems is exploring a sale after struggling to close a new fundraising round. The Palo Alto company was last valued at $5 billion in 2021. Full story here:

Brands are engaging in generative engine optimization to appear in AI results. Tactics include updating Reddit more frequently and revising website language to be more "digestible" for chatbots. Full story on how companies are adapting:

The new federal indictment describes online sportsbooks strongly resembling FanDuel and DraftKings as victims in the alleged Rozier sports wagering scheme. Full story here:

Google is investigating a weeks-long security breach involving a contractor who took almost 2,000 screenshots and sensitive internal files related to its Play store systems. Full story here:

Some merchants complain TikTok has locked them into spending a certain amount on GMV Max ads they hadn’t planned for to guarantee a specific return on their spending. Full details:

New OpenAI CEO of applications, Fidji Simo, who previously ran Facebook, has acknowledged that she and many others at OpenAI share the same ex-Meta background. The transition has unsettled some employees. Learn more:

Agility Robotics, which makes the 5-foot, 9-inch Digit robot, is currently raising a funding round that values the company at $1.75 billion before the investment. SoftBank is participating in the round. Read:

Management changes at TikTok coincide with a pending deal to sell the app's American operations to a joint venture controlled by U.S. investors for $14 billion. See details:

AI video startup Synthesia recently surpassed $150 million in annual recurring revenue, up 50% since April. The abandoned Adobe deal highlights efforts to compete with AI-native startups.

SoftBank's board has approved the remaining $22.5 billion of its OpenAI investment, conditional on the AI startup completing a corporate restructuring that prepares it for an eventual public offering. Full story here: https://t.co/e0cOkOUbpX

The founding of Anjney Midha's new firm, AMP, highlights the pressing need to connect AI startups with the compute power required for their growth. Read:

Despite a turbulent past relationship, Apple has an incentive to partner with SpaceX, whose Starlink network is regarded as faster than Globalstar’s. Insights:

Exclusive: SoftBank’s board greenlit a $22.5 billion investment in OpenAI, a sign the firm expects the AI startup to complete a restructuring this year. Read more from Sri Muppidi 👇 https://t.co/e0cOkOUbpX

Visitors from AI search engines are proving more valuable. Mexican hotel chain Tafer Hotels & Resorts says AI-driven traffic is up to 10% of their total, and these visitors spend more time on site. Women's telemedicine firm Wisp also sees higher conversion. Read:

By controlling the browser, OpenAI gains access to invaluable user web activity data for training more personalized AI models. This directly challenges one of Google's key competitive advantages. Read the full report:

One seller found that GMV Max resulted in reduced sales because it promotes a limited number of creator videos, driving the vast majority of the brand’s sales on TikTok. Details:

Exclusive: Google Investigates Weekslong Security Breach Involving Contractor Read more:

The Arena: An NBA gambling scandal has fueled fears of sports betting running amok. But kicking the gambling habit will be hard for leagues and sports media. Read more from @germanotes 👇 https://t.co/Kh7VMbpEHq

OpenAI is considering whether ChatGPT could show ads based on its memory—the information it remembers about users. Full story: