Techmeme
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NXP reports Q2 revenue up 19% YoY to $3.5B, vs. $3.46B est., as it struggled to impress investors with a generally upbeat Q3 forecast; NXPI down 5%+ after hours (Christina Kyriasoglou/Bloomberg)
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Sources: the OpenAI agent that breached Hugging Face also compromised a customer at AI infrastructure company Modal Labs (Reuters)
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Bitcoin miner and AI infrastructure company Ionic Digital surged more than 25% to nearly $63 in its Nasdaq debut, giving it an implied valuation of ~$2.75B (Kyle Baird/The Block)
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Hugging Face publishes a timeline of the OpenAI agent intrusion, including how the agent took ~17.6K actions, and details using GLM-5.2 to analyze the attack (Hugging Face)
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Seagate reports Q4 revenue up 49% YoY to $3.6B, vs. $3.5B est., adjusted earnings of $5.71 a share, above analysts' forecast of $5.10; STX jumps 6%+ after hours (Nate Wolf/Barron's Online)
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The US FCC bans importing Chinese humanoid robots and power inverters to protect the US AI buildout from national security threats and to reshore key industries (Reuters)
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Coursera is investing $100M in LearnVector, a new AI education company founded by Andrew Ng that aims to build AI agents that function as personal tutors (Ina Fried/Axios)
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Over 1,100 staffers from AI companies, including John Schulman and OpenAI's Jakub Pachocki, sign a letter requesting the US government to "pace" AI development (Bloomberg)
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Q&A with Sam Altman on the Hugging Face breach, the race for compute, distillation, open source, the concentration of power, robotics, OpenAI's future, and more (Invest Like The Best on YouTube)
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The Agentic AI Foundation updates MCP with a fully stateless architecture, a hardened authentication model, a formal 12-month deprecation policy, and more (Michael Nuñez/VentureBeat)
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Mark Zuckerberg argues that superintelligence should be widely distributed as a tool that empowers everyone, rather than centralized in a few institutions (Mark Zuckerberg/Wall Street Journal)
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NYC-based AI startup Runlayer sues Rippling for allegedly stealing trade secrets to "build essentially a clone" of Runlayer's safety and governance product (Taylor Herzlich/New York Post)
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Anthropic says Claude Mythos Preview was able to break a weaker version of AES and orchestrated another improved attack against the cryptographic system HAWK (Dustin Volz/New York Times)
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Tel Aviv-based Hush Security, which lets organizations securely control enterprise AI agents, raised a $30M Series A, bringing its total funding to $41M (Ionut Arghire/SecurityWeek)
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July 16 letter: the US EPA says power plants providing electricity only to data centers and not to the public grid wouldn't be subject to federal pollution laws (Tim McLaughlin/Reuters)