Salesforce's Slack unit launched Slack Code, which has project specific code channels and the ability to collaborate with AI coding agents across all plans. The big idea is that you can turn multiple agent coding streams into one thread.
Marvell said Google has the right to buy nearly 59 million shares of the chipmaker at a price of $206.58 a share. In an SEC filing, Marvell said the warrants are related to an expanded partnership between the two companies.
"The expanded partnership spans a comprehensive range of custom silicon programs that attach to the TPU ecosystem, including AI inference accelerators, storage controllers, network interface controllers, memory interface controllers, and near-memory compute."
OpenAI reportedly told investors that its second quarter revenue grew 18% sequentially with larger losses. According to The Wall Street Journal, OpenAI's second quarter revenue was $6.7 billion, up from $5.7 billion. The second quarter operating loss in the second quarter was $12.3 billion.
Simply put, OpenAI's financials are a bad look compared to Anthropic's doubling of revenue to $11.6 billion in the second quarter. Meanwhile, OpenAI said it was hitting pause on reinforcement learning for its frontier model development.
Ed Zitron and Gary Marcus have begun to question what happens to the AI ecosystem if OpenAI fails.
Home Depot's second quarter results included a bevy of items focused on customer experience. Sales in the second quarter were $47.9 billion, up 5.7% from a year ago. CFO Richard McPhail said the company's customers continue to engage in home improvement projects, but are refraining from big projects.
What Home Depot can control is its experience. Here's a look at the takeaways:
Klarna said CFO Niclas Neglén and CMO David Sandström will leave the company in early 2027. The company also cut its outlook for the third quarter due to weakness in Germany. Klarna's second quarter results were solid.
Weave, a healthcare software provider, is going private in a deal valued at $650 million. Under the terms of the deal, Francisco Partners will pay $7.40 a share for Weave. Weave was founded in 2008 and offers customer experience and payments software for medium-sized healthcare businesses.
With Francisco Partners, Weave said it will expand its AI platform plans. Weave reported second quarter revenue of $67.5 million, up 15.5% from a year ago. In the second quarter, Weave launched an AI Receptionist built on Google Cloud's Gemini Agent Platform and added integrations in athenaOne.
Google announced Operation Blue Skies, a project to re-route North Atlantic aircraft to cut contrail-induced warming using the company's AI forecasts. In a blog post, Google said contrails account for a third of the airline industry's global warming impact. The pilot includes Google UK, NATS, an air navigation service provider, Contrails.org, Imperial College London & University of Cambridge and Met Office.
Anthropic's annual revenue run rate is $65 billion as of the end of July. The company is talking to investors, but its IPO filing remains confidential. Bloomberg originally reported the news. Anthropic's second quarter revenue was about $11.5 billion.
Cursor launched a new feature called Origin on all paid plans. Repos, pull requests, code browsing and GitHub sync are available in an early beta. SpaceX recently closed its Cursor acquisition.
According to Bloomberg, Stripe will acquire OpenRouter for more than $7 billion. On the surface, the deal is a bit of a head scratcher, but does validate the importance of model routing.
Anthropic will start putting watermarks in content where Claude played a role. If Claude generated a sentence or paragraph there will be a watermark. In some cases, Claude editing a file can have a watermark. The move has raised a bit of a ruckus and you can follow the comments and storylines at Techmeme.
Hugging Face released its open model report and it's a must read. One big headline is how Qwen-based models account for more than 151,000 derivatives.
According to the report, which is a must read:
"Qwen has become one of the largest foundations in the open model ecosystem. Qwen-based models now account for 151,448 derivatives on the Hub, 2.6× Meta’s total footprint and 4.7× the Llama repositories specifically. Google follows with 82,506 derivatives. The third-largest source is Unsloth, a community account publishing quantized and fine-tuning-ready builds, many of which further extend the Qwen ecosystem.
Qwen derivatives have increased at roughly 180–210 new repositories per day throughout the first seven months of 2026, showing that adoption is not driven only by individual launches. Qwen has become part of the default workflow for developers deciding what models to fine-tune and deploy."
