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Aug 12 2026

Lovable raises $400M at $13.3B, doubling its valuation in eight months, with Tencent joining the cap table.

MONEY
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LovableTencent

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Aug 12 2026MODEL
xAI releases Grok 4.6, tied for third on Artificial Analysis at $2 per million input tokens.
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Aug 12 2026CHIPSMONEY
AI servers pass half of Foxconn's revenue for the first time, at 51% of a record quarter, with CoWoS packaging named the 2027 ceiling.
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Aug 12 2026MONEYOPEN
DeepSeek publishes API increases of up to 1,100%, effective August 16th, moving fully to peak and off-peak billing.
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Aug 11 2026MONEYINFRA
CoreWeave doubles Q2 revenue to $2.58B and raises guidance, with net interest expense ($640M) exceeding its net loss ($626M)
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Aug 11 2026MODELADOPT
xAI launches Grok Bot, persistent agents with their own cloud computers that sign into a user's apps, bundled with Cursor tiers
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Aug 11 2026INFRAOPEN
Mistral commits to 1 GW of European compute by 2030 and begins hosting third-party open models, starting with Z.ai's GLM-5.2
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