AI continues to suck all the air and the dollars out of the room, with a flurry of new models and new fundings this week.

It’s still a breakneck race in AI, as OpenAI, Anthropic and Google all released new models and agents. In particular, OpenAI debuted its GPT-5 flagship model, which combines the reasoning abilities of its o-series with the faster responses of its GPT series. CEO Sam Altman (pictured) played his best Steve Jobs imitation in the more than hourlong presentation, except for the lack of a turtleneck. You’re excused if you can’t keep up with all these models.

OpenAI’s biggest challenge actually won’t be fellow foundation model makers but the likes of JPMorgan, whose data holds the real value for the future of AI — so explain Dave Vellante and George Gilbert in their latest Breaking Analysis.

Investors don’t seem to be thinking that far ahead, though, as OpenAI’s reported talks on its latest stock sale carrying a $500 billion valuation for the company keep upping the need to execute perfectly to grow into it.

Lots of cybersecurity companies took this week’s Black Hat USA conference as an opportunity to announce new products, including Palo Alto Networks, Hewlett Packard Enterprise and Microsoft, and SentinelOne chose this week to announce it’s buying Prompt Security. Overall, though, AI was the key theme, as researchers and companies gear up efforts to use AI to battle AI-driven attacks.

Apple sucked up to Trump again and promised to invest an additional $100 billion into U.S. manufacturing. Fine as far as it goes (though that solid gold plaque presented to Trump seems wildly over the top, no?), but if you believe Trump when he says U.S. chipmaking will return soon and Apple will make the iPhone with all-American parts, well, I’ve got some 100% tariffs to sell you.

And what’s with Trump’s demand that Intel CEO Lip-Bu Tan step down? Just Trump being Trump, I guess? Tan says he’s “engaging” with Trump, so maybe this will blow over. It’s not as if Tan doesn’t have a few other things to deal with.

The drumbeat of initial public offerings continued this week with Firefly Aerospace debuting with a 34% pop over its initial offering price. Cryptocurrency exchange Bullish also filed.

It was a decidedly mixed bag for enterprise tech earnings this week, as Palantir, Digital Ocean, Arista, Extreme Networks and others outperformed, but AMD, Supermicro, Kyndryl and others disappointed. Next week’s earnings include Cisco, CoreWeave and Applied Materials.

Here’s all the news and analysis in enterprise and emerging tech from SiliconANGLE, theCUBE Research and beyond:

AI and data: OpenAI better watch out… for JPMorgan

Analysis

How Jamie Dimon becomes Sam Altman’s biggest competitor

The era of physical AI is at hand, says Zeus Kerravala: Nvidia: Let’s get physical with AI

Tsk tsk: Cloudflare says Perplexity is using stealth, undeclared crawlers to evade website no-crawl directives

Money matters

OpenAI reportedly in talks for secondary stock sale at $500B valuation

OpenAI’s Altman is still looking to spend after GPT-5 launch and is ‘willing to run the loss’ (per CNBC)

But: High costs and thin margins threatening AI coding startups (per TechCrunch)

Meta reportedly acquires voice AI startup WaveForms

Decart raises $100M on $3.1B valuation to grow real-time AI video platform

Clay valued at $3.1 billion in latest $100M fundraise as AI continues to run hot

Chai Discovery raises $70M to build molecular discovery foundation AI models

Rillet raises $70M to replace 20th-century accounting software with AI-native ERP built by accountants

Next-generation supply chain intelligence startup Lyric gets $43.5M in funding

Automated data operations platform Pantomath raises $30M led by General Catalyst

Tavily raises $25M to expand real-time web access infrastructure for AI agents

Qbeast gets $7.6M in funding to streamline data lakehouses queries with multidimensional indexing

New models and services

OpenAI unveils GPT-5, a new flagship AI model with high accuracy and coding power

OpenAI, Anthropic release new reasoning-optimized language models

Google DeepMind debuts Genie 3 model for generating interactive virtual worlds

Google unveils enterprise data science and engineering AI agents provide real-time analysis

Google makes Jules, its AI coding agent, available to everyone with free and paid plans

Google Finance receives new AI market tracking features

Google’s Kaggle to host AI chess tournament to evaluate leading AI models’ reasoning skills

Anthropic automates software security reviews with Claude Code

Cohere launches its North AI productivity platform into general availability

Oracle high-availability Exadata service targets AI and location-sensitive use cases And a deeper dive in Dave Vellante’s interview with  Wei Hu, senior vice president of high-availability technologies at Oracle (disclosure: This video is sponsored by Oracle): Oracle reimagines the distributed database for an AI-native world

Aquant launches Agentic AI Platform to help service teams build custom AI agents

Search.com launches AI platform with rewards for users and revenue share for media

AI bookkeeper Docyt debuts precision-trained AI agents to accelerate accounting automation

There’s even more AI and big data news on SiliconANGLE

Around the enterprise: Trump calls for Intel CEO to resign as we rolls out 100% chip tariffs

Policy

Yeesh: Trump calls on Intel CEO Lip-Bu Tan to step down

US to roll out 100% chip tariff with exemptions for TSMC, Samsung

From prison to salesforce: a call center model that’s helping reduce recidivism to near zero

Earnings

AMD’s earnings fall short from China chip ban despite good traction in AI

Supermicro’s earnings, revenue and guidance all fall short, and its stock craters

Kyndryl’s stock sinks on revenue miss and lower guidance

Arista Networks beats expectations and its profits rise, sending its stock higher

DigitalOcean stock jumps nearly 29% as earnings and revenue top expectations

Palantir posts 48% revenue growth and beats expectations across the board

Extreme Networks shares jump 14% on strong quarterly results And a deeper dive in an interview with CEO Ed Meyercord: Extreme Networks CEO sees competitor disruption and its new AI platform driving growth

Snap posts wider quarterly loss as revenue and user monetization miss targets

Rivian reports mixed Q2 results, widens 2025 loss projection as tariffs and loss of EV tax credit bite

RingCentral beats Q2 2025 forecasts, stock dips

Uber outperforms with higher revenue and earnings as Lyft lags behind

Informatica earnings missed, revenue topped estimates, shares flat as Salesforce acquisition awaits

Fortinet delivers solid earnings results but guidance weighs on investor sentiment

Amplitude shares rise 6% as earnings match and revenue tops estimates

Language learning app Duolingo’s stock jumps on rampant revenue and user growth

IonQ earnings miss amid acquisitions, board changes

Dutch AI infrastructure company Nebius Group raises its annualized revenue target

Quantum computing company D-Wave reports Q2 earnings miss, stock slides

Chinese contract chipmaker SMIC’s profit declined 19.5%

Observability firm Datadog earnings beat, stock jumps amid OpenAI, Amazon worries

Low-code automation firm Appian sees cloud revenue surge 21% as AI strategy drives growth

Dropbox Q2 net income surges

Rackspace reports fourth consecutive quarterly loss as revenue falls again

Twilio’s stock tanks on tepid earnings forecast

Atlassian tops estimates with strong cloud and subscription growth

Rapid7 beats earnings and revenue estimates

JFrog posts strong revenue growth and lifts its full-year forecast, and its stock jumps

Expensify stock falls as earnings missed and revenue fell short of estimates

OpenText shares rise 5% as earnings top expectations

Fastly shares jump 10% on sales beat

HubSpot gains after Q2 beat, guidance increase

Block guidance boost drives shares higher as Chime delivers solid debut earnings

Other money matters

Apple pledges to invest $100B more in US manufacturing but doesn’t promise a 100% American-made iPhone

SoftBank buys Foxconn plant in Ohio for $375M to make AI servers

Amphenol to acquire CommScope’s core networking business for $10.5B

SAP buys AI-enabled hiring platform SmartRecruiters

Core Scientific shareholders balk at terms of CoreWeave merger offer

Privately owned data and AI platform firm Cloudera acquired Taikun, a platform provider for managing Kubernetes and cloud infrastructure across hybrid and multicloud environments, for an undisclosed amount.

New products and services

Cerebras delivers blazing speed for OpenAI’s new open-model with 3,000 tokens per second

We have lots more news on cloud, infrastructure and apps

Cyber beat: At Black Hat, it was all about AI

Conference wrap

Bad code, malicious models and rogue agents: Cybersecurity researchers scramble to prevent AI exploits

New services

Palo Alto Networks announces Cortex Cloud Application Security Posture Management

HPE launches offerings at Black Hat to strengthen network security, data protection and cyber resiliency

Microsoft unveils Project Ire, an autonomous AI agent that identifies malware at scale

Tenable launches AI Exposure to address enterprise generative AI risk

Delinea introduces Iris AI to enhance identity security with real-time access control

Apiiro debuts AutoFix Agent to help developers fix code vulnerabilities faster

Flashpoint debuts AI features to streamline search and reporting workflows

NetRise updates platform to help teams prioritize real-world software vulnerabilities

AttackIQ debuts Watchtower to automate cyberthreat intelligence analysis

Money matters

SentinelOne acquires AI security startup Prompt Security

Attack & response

Cloud breaches and identity hacks explode in CrowdStrike’s latest threat report

AI-driven attacks, zero-days and cybercrime syndicates top Secureframe threat report

More cybersecurity news here

Elsewhere in tech: IPOs keep flying high

Firefly Aerospace shares rise 34% in Nasdaq debut after $868M IPO

Crypto exchange operator Bullish seeks to raise $629M in IPO

Ripple to acquire stablecoin payments startup Rail for $200M

QuamCore raises $26M to build a million-qubit quantum computer

D-Wave releases open-source toolkit to integrate quantum computing into AI training

OpenMind raises $20M to connect intelligent machines

Lyft is partnering with Baidu to deploy robotaxis in Europe

And check out more news on emerging tech, blockchain and crypto and policy

Comings and goings

Former Federal Trade Commission Chairwoman Jessica Rosenworcel named executive director of MIT Media Lab

Customer experience and payments platform Weave named former Twilio, Salesforce, Oracle, Amazon and Microsoft exec Abhi Sharma chief technology officer.

After leading Smartsheet for nearly two decades, CEO Mark Mader is retiring from the work management services firm. Apptio co-founder Sunny Gupta is joining as executive chair and acting CEO while the board initiates a search. The moves come less than a year after Smartsheet went private.

Edge AI chipmaker Hailo appointed former Allegro Microsystems SVP of Global Sales Max Glover its new chief revenue officer.

Edge cloud platform Fastly named Rich Wong chief financial officer, succeeding departing Ron Kisling. Scott R. Lovett, Fastly’s current CRO, is now president of go-to-market.

RingCentral promoted Vaibhav Agarwal to CFO.

What’s next

Events

Aug. 11-13: Ai4, Las Vegas

Earnings

Tuesday, Aug. 12: Circle Internet Group, CoreWeave, Rigetti Computing

Wednesday, Aug. 13: Cisco

Thursday, Aug. 14: Applied Materials

Photo: OpenAI/livestream