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Netflix paid $587 million in cash for InterPositive, the AI filmmaking startup co-founded by Ben Affleck, according to a newly released regulatory filing. Key Points: Netflix completed the acquisition in March but disclosed the $587 million price in its July filing. InterPositive develops AI tools f

Moonshot AI halted new subscriptions to Kimi K3 on Jul. 19 after demand pushed the startup’s GPU capacity close to its limit within 48 hours. Key Points: Moonshot paused new Kimi K3 subscriptions to preserve service for existing members. The 2.8 trillion-parameter model offers a 1 million-token cont

Hank Williams Jr. postponed two Michigan concerts this week after Canadian wildfire smoke made outdoor performances a health risk, sending "williams jr" to the top of the trending list on Sunday evening. The canceled dates were at Pine Knob Music Theater and a Grand Rapids venue. According to ClickO

Alibaba released a preview of its flagship Qwen3.8 Max on Jul. 19, a 2.4 trillion-parameter model the company claims trails only Anthropic's Fable 5. Key Points: Qwen3.8 Max debuts with 2.4 trillion parameters, and Alibaba promises an open-weight release soon. No benchmarks, license terms or technic

OpenAI promoted Uday Ruddarraju to CTO of Compute, placing the former xAI infrastructure leader in charge of scaling systems for frontier artificial intelligence models. Key Points: Ruddarraju became CTO of Compute roughly a year after joining OpenAI from xAI. He said the team is expanding compute,