
Reddit Posts Strong Q2 Results, But AI-Driven Search Shifts Alarm Investors
Reddit beat Q2 estimates, but AI search traffic worries and choppy referrals sent shares down after hours.
Developments in large language models like GPT-3 for text processing.

Reddit beat Q2 estimates, but AI search traffic worries and choppy referrals sent shares down after hours.

AI hedge fund Situational Awareness sold most public holdings to Citadel after losses, but its Anthropic stake could still drive a rebound.

Tim Cook hints at iCloud Plus AI tiers for heavy users as Apple prepares a broader Siri rollout and weighs paid access upgrades.

Google says AI helped it fix far more Chrome bugs in June than in the past two years, signaling a new era in browser security.

Google DeepMind’s robotics AI model Gemini Robotics 2 adds whole-body control, dexterity and safer task planning for humanoid robots.

Meta says Meta AI apps are speeding development and recommendations, with new consumer products coming soon after Threads’ growth.

Nscale is buying Anyscale for $1.65 billion, deepening its AI compute stack with software that scales workloads across data centers.

The Hugging Face AI hacker breach exposed noisy but persistent attacks — and showed traditional defenses can still stop them if used well.

Dili raised $15 million to scale AI compliance software for infrastructure projects, with rules for data centers, clean energy and construction.

LinkedIn is keeping AI spending flat this year, using efficiency gains to launch new features without expanding its data center footprint.