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    Startups and technology

    a16z is backing Runta, a startup that wants to ‘parent’ your AI agents ARTIFICIAL INTELLIGENCE

    a16z is backing Runta, a startup that wants to ‘parent’ your AI agents

    Andreessen Horowitz has led a $20 million seed round in Runta, a startup rebuilding AI agent infrastructure so companies can run agents safely, the way a parent childproofs a house.

    Investors and funding

    TSMC posted record $40 billion revenue. Its stock fell 4%. Investors are no longer buying the AI spending story on faith. ARTIFICIAL INTELLIGENCE

    TSMC posted record $40 billion revenue. Its stock fell 4%. Investors are no longer buying the AI spending story on faith.

    The chipmaker raised its 2026 capex forecast to $60-64 billion. The Nasdaq 100 fell 1.4%. The semiconductor index is down 19% from its highs.

    Corporates and innovation

    While everyone builds chatbots, SAP just closed a €1bn-plus bet on AI that understands your spreadsheets ARTIFICIAL INTELLIGENCE

    While everyone builds chatbots, SAP just closed a €1bn-plus bet on AI that understands your spreadsheets

    The enterprise-software giant has completed its acquisition of Prior Labs, a German lab building ‘tabular’ foundation models, and it is a rare European frontier-AI win

    Government and policy

    Apple is in early settlement talks with the DOJ over its iPhone antitrust case APPLE

    Apple is in early settlement talks with the DOJ over its iPhone antitrust case

    Apple has made multiple offers this year to close the case. It has already opened mini apps, RCS messaging, cloud streaming, and its NFC payment chip.

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