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1.	Anthropic Hires Back Two Coding AI Leaders From Cursor Developer Anysphere  By Natasha Mascarenhas Source: The Information

In a surprising reversal, two leaders of Anthropic’s coding product who joined rival Anysphere two weeks ago have returned to Anthropic, according to people with direct knowledge of the move.

In early July, Boris Cherny and Cat Wu left Anthropic, where they had developed a fast-growing artificial intelligence coding service, Claude Code, to join the maker of Cursor in more senior roles, becoming head of engineering and head of product, respectively.

The move was notable because Cursor relies on AI from Anthropic to power its coding app and is one of Anthropic’s biggest customers, and it raised questions around what the two companies’ relationship would look like after the change.

Cherny and Wu did not respond to multiple requests for comment. Cursor has over 100 employees, and surging revenue has made it a darling among venture capitalists this year.

2.	Nvidia CEO says AI Chip Exports Deal Linked to the US-China trade talks By Qianer Liu Source: The Information

Nvidia is set to “accelerate the recovery” of its artificial intelligence chip sales in China, thanks to improved U.S.-China relations, said CEO Jensen Huang at a press conference in Beijing on Wednesday. Huang attributed the resumption of chip sales to recent trade discussions between U.S. and Chinese officials. “I did not change the president’s mind … it was completely in control of the US government and Chinese government discussions,” he said.

Huang said that Nvidia is awaiting export licenses from the U.S. government to restart shipments of the H20 product, which he expects to receive soon. The H20 is the most powerful AI chip Nvidia is permitted to sell to China since the U.S. government restricted the sale of the company’s most advanced semiconductor to the country, citing national security concerns.

In April, the U.S. government blocked sales of H20 chips to China, prompting Nvidia to write down $4.5 billion in inventory that it couldn’t ship. During Huang’s visit to Beijing, he met with Chinese government officials and spoke at a supply chain conference, where he praised China’s manufacturing capabilities and advancements in AI from companies such as DeepSeek and Alibaba.

3.	OpenAI Adding Checkouts to ChatGPT, Taking Cut of Sales By Ann Gehan Source: Financial Times

OpenAI plans to add e-commerce checkouts into ChatGPT and take a cut of online shopping purchases made within the chatbot, the Financial Times reported. The move is a way for OpenAI to make money from people using AI for shopping inspiration and product recommendations.

Merchants that receive orders placed through ChatGPT’s checkout will pay OpenAI a commission, the report said, a new source of revenue for OpenAI. OpenAI and partners including Shopify have been presenting early versions of the feature to brands, the report said.

ChatGPT already offers product recommendations and links to products, but currently sends shoppers to outside sites to complete their purchase. In April, OpenAI said it was exploring ways for merchants to share product information directly with ChatGPT to help improve the accuracy of search results.

4.	Scale AI Lays Off 14% of Staff After Meta Deal By Valida Pau Source: The Information

Scale AI laid off 200 employees from its data-labeling business, a month after Meta invested $14.3 billion in the startup and hired its CEO Alexandr Wang.

The cuts affected 14% of the company’s global workforce, Scale spokesperson Joe Osborne told The Information on Wednesday. Scale will also stop working with 500 of its contractors.  At the same time, Scale AI plans to hire hundreds of people in its enterprise and government businesses, which build customized, sector-specific AI applications, later this year.

The cuts are focused on Scale AI’s GenAI business unit, which labels data for big AI labs. In June, Meta acquired a 49% stake in Scale and some of Scale’s biggest customers including OpenAI and Google have phased out work with the startup following the deal.

5.	Google Sets Aug. 20 for Pixel Event By Martin Peers Source: The Information

Google set Aug. 20 to unveil new hardware, where the tech giant is expected to announce the next version of its Pixel smartphones. The date is just a couple of weeks before Apple typically holds its fall event to unveil new iPhones.

According to Bloomberg, the new Pixel phones—the Pixel 10 series—will resemble the Pixel 9 series but with upgraded chips.

Google’s Pixel has a tiny share of the smartphone market but it gives Google a way to showcase what its Android operating system can do. Google has also used the Pixel to show off new artificial intelligence features the company has developed.