Greg Abbott says data center companies "dug their own grave" by moving into communities without first gaining support, signaling growing Republican backlash (Axios)

Axios:
Greg Abbott says data center companies “dug their own grave” by moving into communities without first gaining support, signaling growing Republican backlash  —  Texas Gov. Greg Abbott delivered one of the starkest warnings yet from a Republican to the AI industry …

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Sources: Hugging Face has been exploring a sale that could value it at $13B+, up from $4.5B in 2023, and has been working with a bank to gauge bidders' interest (Katie Roof/Business Insider)

Katie Roof / Business Insider:
Sources: Hugging Face has been exploring a sale that could value it at $13B+, up from $4.5B in 2023, and has been working with a bank to gauge bidders' interest  —  The AI industry's next blockbuster acquisition may not be another model maker.  —  Hugging Face, whose platform helps developers discover …

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Ramp data: Fable 5, launched in June, has plateaued at ~11% of spending on Anthropic tools, as companies shift to cheaper models; Opus 5 surpassed Fable 5 (George Hammond/Financial Times)

George Hammond / Financial Times:
Ramp data: Fable 5, launched in June, has plateaued at ~11% of spending on Anthropic tools, as companies shift to cheaper models; Opus 5 surpassed Fable 5  —  AI lab's Fable 5 has met with sluggish demand from corporate clients  —  Anthropic's US customers are using cheaper alternatives …

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Alibaba plans to raise ~$10B in a follow-on share offering to fund AI investments; sources: it plans to offer 710M shares at a 3.6% discount to Friday's close (Reuters)

Reuters:
Alibaba plans to raise ~$10B in a follow-on share offering to fund AI investments; sources: it plans to offer 710M shares at a 3.6% discount to Friday's close  —  China's Alibaba (9988.HK) on Sunday launched a HK$80-billion ($10.2 billion) share placement to fund artificial intelligence-related development.

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Sources: foldable iPhone feels durable, fits well in a pocket, has useful iPad-like app layouts, excels as a camera viewfinder but lacks telephoto and Face ID (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg:
Sources: foldable iPhone feels durable, fits well in a pocket, has useful iPad-like app layouts, excels as a camera viewfinder but lacks telephoto and Face ID  —  Also: Get ready for iPhone price hikes.  —  Apple is about to bring some of its product magic back with its first foldable iPhone.

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