Apple Inc.

Musk's AI startup has not publicly provided evidence that Apple is giving any advantage to the ChatGPT creator in its App Store

Elon Musk's startup xAI has accused Apple and OpenAI of monopoly collusion

Tesla, Inc.

Meta Platforms, Inc.

Tesla and xAI CEO Elon Musk earlier this year offered Meta CEO Mark Zuckerberg a stake in a $97.4 billion buyout of OpenAI, court filings show, Seeking Alpha <a href="https://seekingalpha.com/news/4488208-elon-musk-openai-bid-meta-mark-zuckerberg">writes.</a>

Musk discussed $97 billion takeover of OpenAI with Zuckerberg - court documents

Microsoft Corporation

Speculative capital is channeled into companies with only perceived potential, which can lead to the formation of localized overheating in the market, analysts said

The head of OpenAI warned of an AI bubble. Does Wall Street agree with him?

Alphabet Inc.

Intel Corporation

UnitedHealth Group Incorporated

Berkshire Hathaway Inc.

US and Russian Presidents Donald Trump and Vladimir Putin held talks on Ukraine in Alaska on Friday. On his way to Anchorage, Trump told reporters that duties on chip imports could reach 300%. Earlier in the week, USA stock markets rose to new records amid expectations of a Fed rate cut. Perplexity unexpectedly offered to buy Google's Chrome browser, and the US administration is exploring buying a stake in Intel. Sam Altman is preparing to launch a startup that will become a competitor of Elon Musk's Neuralink - the rivalry between them is intensifying. The main events of August 11-15 are in our review.

Highlights of the week: US-Russia summit, White House and Intel stake, buyer for Chrome

Circle Internet Group

CoreWeave, Inc.

The main US S&amp;P 500 index ended trading above 6,400 points for the first time, with tech leaders and artificial intelligence-related companies largely responsible for the gains. Stablecoin issuer USDC Circle lost more than 5% in the post-market after it announced it was selling 10 million shares after rising 425% since its IPO, despite strong earnings and USDC's 90% year-to-date growth. Meanwhile, OpenAI CEO Sam Altman is launching Merge Labs, a brain-computer interface startup that could be a competitor to Elon Musk's Neuralink. These and other topics are covered in our review of key events for the morning of August 13.

Highlights for the morning: the S&amp;P 500's record AI rally, Circle's fall and Altman's new startup

Musk, who owns ChatGPT's rival chatbot Grok, threatened Apple with "legal action"

Musk accused Apple of unfairly promoting ChatGPT on the iPhone

SHUANGLIN

CHANGSHENG BEARINGS

In early August, Chinese startup Unitree unveiled its new robot - A2 Stellar Hunter. The "robot dog" <a href="https://x.com/UnitreeRobotics/status/1952672597558309136">demonstrates</a> incredible tricks, from dancing on one leg to confidently traversing difficult terrain off-road. Almost simultaneously, Google's Deepmind lab announced the <a href="https://x.com/GoogleDeepMind/status/1952732150928724043">development of</a> Genie 3, its new AI capable of generating not just videos, but entire three-dimensional worlds that can be freely explored. Why, out of all the huge stream of news, do these two seem the most interesting to me? They demonstrate two vectors of technology development that, when combined, are capable of turning the world upside down.

Zuckerberg's mistake: metaverses are more necessary for robots than for humans

Microsoft, Google, and Meta have cheerfully reported revenue and profit growth, not failing to emphasize the contribution of AI technologies to their successes. Individual AI startups also continue to energetically attract investment.&nbsp; So what is the AI race: a financial bubble or a new economy? It's an unprecedented question that worries both private investors and CEOs of major tech companies that have invested billions in AI. Let's try to figure out what's going on.

AI is starting to pay the bills: why the dot-com bubble story won't repeat itself


Mira Murati - former CTO of OpenAI and co-founder of startup Thinking Machines Lab - raised $2 billion from investors in July. As <a href="https://techcrunch.com/2025/07/15/mira-muratis-thinking-machines-lab-is-worth-12b-in-seed-round/">noted</a> by TechCrunch, this is one of the largest seed rounds of funding in Silicon Valley history. Thinking Machines Lab's total valuation has reached $12 billion - the company is <a href="https://www.linkedin.com/in/mira-murati-4b39a066/">less than a year old</a>, it hasn't brought a single product to market yet, and Murati hasn't even <a href="https://x.com/miramurati/status/1891918876029616494">told</a> much about what it's going to do yet, other than that it will be a new AI. Still,&nbsp; Thinking Machines Lab is one of the few startups that investors see as a real threat to leading AI modelers like OpenAI, Anthropic and Google DeepMind. Thinking Machines Lab is a level of credibility that many startups can only dream of. Let's try to understand how Albania-born Mira Murati achieved this and what she is going to shake up the market with.

Star on trust: how Mira Murati attracts investment in a startup without a product


SailPoint, Inc.

Qualys, Inc.

SentinelOne, Inc.

While AI has become a powerful tool for attackers, it dramatically strengthens cyber defenses as well

The head of OpenAI has warned bankers of a wave of AI fraud. How to play it?

Meta in June <a href="https://techcrunch.com/2025/06/13/scale-ai-confirms-significant-investment-from-meta-says-ceo-alexandr-wang-is-leaving/">paid</a> $14.3 billion for a 49% stake in Scale AI, a startup that partitions data for machine learning. That's how it was able to hire its co-founder and CEO Alexander Wang. He<a href="https://oninvest.com/article/cukerberg-sobral-gruppu-razrabotcikov-superintellekta-akcii-meta-obnovili-maksimum">headed</a> Meta's new division - Superintelligence Labs, the Superintelligence Lab - and should provide his new employer with leadership in the artificial intelligence race. Roman Mighty tells us who Alexander Wang is.

A man who knows how to make friends: Alexander Wang, creator of the $14 billion Meta superintelligence

Meta offered OpenAI employees up to $100 million in climbing bonuses, claims Sam Altman