Meta is offering a cheaper Muse Spark 1.2 “contributor” tier priced at $0.10/1M input and $0.20/1M output tokens in exchange for using user prompts for training — The company, pressed by investors to generate revenue from AI, says its offering will cost less than popular alternatives
Meta releases Muse Code in beta, a terminal coding agent powered by Muse Spark 1.2, a coding-focused model priced at $1.25/1M input and $4.25/1M output tokens — Meta is rolling out its first coding agent called Muse Code as the company tries to challenge leading AI labs Anthropic and OpenAI.
Source: Yunfeng Capital, a PE firm co-founded by Jack Ma, invested ~$30M in AI insurance tech startup Corgi, leading a round that reportedly valued Corgi at $4B — Jack is back. — Chinese billionaire Jack Ma's private equity firm secretly led the latest funding round for Corgi …
Pavel Durov says an extortionist planted “illegal porn in a public chat” to get the app pulled from the App Store and manipulated Apple into “overreacting” — Pavel Durov claims attackers post illegal content and manipulate reports to ‘trigger the removal of legitimate communities.’
Sources: the White House doesn't plan to publicly release its voluntary AI framework; details will be available to the companies that are part of the process — The White House does not plan to publicly release its new framework for evaluating advanced AI models, three sources familiar with the discussions told Axios.
Amazon becomes the fifth company to reach a $3T market cap, joining Nvidia, Alphabet, Microsoft, and Apple; its stock closed up 4.58% on Monday — Amazon.com Inc. surpassed $3 trillion in market value for the first time, becoming only the fifth company to ever reach the milestone.
Palantir reports Q2 revenue up 93% YoY to $1.94B, vs. $1.8B est., US commercial revenue up 149%, and raises FY 2026 revenue guidance; PLTR jumps 9%+ after hours — Palantir topped second-quarter earnings estimates on Monday and said commercial revenue more than doubled from a year ago.