Tech
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Trump Says It Is ‘Not Do-able’ for AI Companies to Pay for All Copyrighted Content Used in Training Models
“You just can’t do it. China’s not doing it,” the president notes
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YouTube Ad Revenue Up 13% Year-Over-Year in 2nd Quarter of 2025, Hitting $9.8 Billion
Net income for Alphabet was also up 19% owing to Google Search, YouTube ads and subscriptions
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WrapPRO
Available to WrapPRO members
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Oracle in Talks With Paramount-Skydance for $100 Million Cloud Deal | Report
The agreement would see the media giant’s assets such as CBS and MTV hosted on the software giant’s servers, according to Bloomberg
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New Congressional Bill Bans AI Companies From Training on Copyrighted Works or Personal Data Without Consent
The legislation was introduced by Sens. Josh Hawley, a Republican, and Richard Blumenthal, a Democrat
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Execs from Nvidia, Adobe, Flawless Join WrapPRO’s ‘AI in Hollywood’ Virtual Roundtable
The conversation, streaming on July 23, will also include screenwriter and producer Van Robichaux
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Tech Earnings Preview: More AI, Fewer Jobs
Tech giants like Meta and Amazon are spending hundreds of billions on AI — but their headcounts have decreased compared to where they were just a few years ago
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Tech
Available to WrapPRO members
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CEO of Europe’s Largest Publisher Mandates AI Use in Newsrooms: ‘You Only Have to Explain if You Didn’t’
“The first wave of internet is nothing against these developments,” says Mathias Döpfner, head of Politico and Business Insider parent company Axel Springer
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Google to Invest $25 Billion in AI Data Centers in US
Google says it is spending big on AI a day after Meta CEO Mark Zuckerberg says his company will spend hundreds of billions on data centers
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CAA, Comcast Ventures Join $84 Million Funding Round for AI Firm Moonvalley
The fresh capital will help the company accelerate development of Marey, its professional-grade generative videography platform
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White House Mocks Congressman With AI-Altered Photo on Social Media
The White House X account posted a doctored image of Rep. Jimmy Gomez crying about a crackdown on a California pot farm
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X User Threatens to Sue Elon Musk After Grok AI Devises Plan to Rape Him
The AI chatbot suggested users bring “gloves, flashlight and lube” to break into political commentator Will Stancil’s home
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Don Lemon’s Lawsuit Against Elon Musk Can Go to Trial Following Pivotal Court Ruling
“Musk is subject to the legal process, just like everyone else,” the journalist’s lawyer says of the axed X content deal
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Musk Debuts New ‘Superhuman’ Grok 4 AI Update, Does Not Mention Antisemitic Meltdown
The launch comes in the wake of Grok spouting antisemitic rhetoric and X CEO Linda Yaccarino’s resignation
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X’s Daily Users Dropped 10% in Linda Yaccarino’s Final Year
Elon Musk’s social media platform has 217 million daily users following a dip between 2024 and ’25, according to Sensor Tower
