AI search is fragmenting, ageing and filling with ads
Artificial Intelligence
Brazil banned Bolsonaro from speaking. His AI avatar spoke anyway.
Government and policy
Space-Eyes, backed by Eric Trump, plans a $638m SPAC debut
Investors and fundingLatest news
SPACEX
Musk said money doesn’t matter. The market just took $1.2tn of it anyway.
Elon Musk said last week that money does not matter. Then SpaceX’s post-IPO rout cut his fortune from a peak of $1.33tn to $684bn, back below where it stood before the company floated. Now, with SpaceX’s first earnings as a public company due next week and a wall of insider shares unlocking next month, the flotation faces its real test.
INVESTORS AND FUNDING
The unsexy layer AI agents actually need: DataBahn raises $40m to sell it
The flashy part of AI is the models. The expensive, unglamorous part is feeding them the right enterprise data without drowning in cost. DataBahn has raised $40m, led by Insight Partners, to sell an “agentic data control plane” that governs what data AI agents can reach. The catch: it is a crowded field, and the category is still one DataBahn has to prove is real.
ARTIFICIAL INTELLIGENCE
Big Tech keeps shipping AI features it has to yank days later
Google Earth’s AI feature lasted a day. Meta’s Instagram photo tool lasted a week. Snapchat, LinkedIn and YouTube are now turning on the AI slop their own tools helped create. And on 2 August the EU makes labelling AI content the law. For two years Big Tech’s reflex was to ship generative AI into everything. This week the backlash, and the regulator, caught up.
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