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DX Today AI Daily Brief - Saturday, August 15, 2026

Published 2 months, 1 week ago
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DX Today AI Daily Brief - Saturday, August 15, 2026

Today's briefing: SpaceX completes its $60 billion all-stock acquisition of AI coding startup Cursor as Elon Musk chases Anthropic and OpenAI. China's Z.ai releases GLM-5.3, a coding and cybersecurity model that already found a vulnerability in Cursor. Apple trains its own China-specific AI model with support from Alibaba. SK Group's Chey Tae-won warns of the worst AI memory shortage yet next year as SK Hynix weighs overseas fabs. Trading giant Jane Street books a roughly $15 billion July loss as leveraged AI bets unwind. LG and Nvidia expand their alliance across robotics, AI factories, and mobility. SMIC raises chip prices on surging AI demand after a Q2 beat. Uber and Pony.ai plan more than 2,000 robotaxis across four new European cities. Samsung recruits AI specialists to accelerate its semiconductor business. Datavault AI agrees to buy cybersecurity firm CyberCatch for $94.5 million in cash. Australia's Sophiie AI raises AUD $5 million to build an AI operating system for trades and service businesses. And India's PM Modi pledges AI training for 10 million youth and as many as eight new semiconductor plants.

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