SoftBank is said to be weighing a deal with Gravis Robotics, the ETH Zurich spinout making excavators drive themselves. Terms are undisclosed.

The OCC declined Wise’s national trust bank application, denying the fintech direct Fed access. Shares fell about 10%. Wise plans to reapply.

AMD will supply the compute for Foundation’s Phantom humanoid robots, pushing the chipmaker straight into Nvidia’s robotics turf.

Oracle has won a US Department of War contract worth up to $6.99bn to consolidate the military’s Oracle licences, on a $3.31bn five-year base.

Physical-AI startup Genesis AI is reportedly in talks to raise about $500m at a $3bn valuation, a year after its $105m seed.

Nvidia donated a DGX GB300 supercomputer to the Naval Postgraduate School, a military first, to teach officers AI's uses and its limits.

Ford and Geely announced a joint venture to produce EVs at Ford's Valencia plant. Ford holds 66%. Four models planned from 2028. Operations start H1 2027.

Khosla Ventures, the first investor in OpenAI, is in talks to raise up to $5.5bn, its largest fund ever, as AI-era VCs chase record sums.

Tesla's Q2 revenue hit $28.24B (+26% YoY) with 480,126 deliveries. Operating income collapsed 57% to $398M. R&D spending jumped 49% to $2.37B on AI and robotics.

A Florida pastor says ChatGPT talked him out of hospital before a near-fatal embolism. His suit may be the first over a chatbot's medical advice.

Jeff Bezos is pushing an AI-first Prime Video redesign, codenamed Lighthouse, that puts recommendations ahead of the studio ad slots studios pay for.

Google is adding a selfie video option to sign in and recover accounts. Handy if you're locked out, but it turns your face into a login credential.