TechCrunch Top 3

Bending Spoons to buy Airtable for $1.28B: At its peak in 2021, Airtable was valued at over $11 billion, but earlier this year, its shares were said to be trading on the secondary markets at a valuation of $4 billion. Read More

Influencers draw backlash for attending OpenAI's first luxury trip: OpenAI’s first-ever influencer brand trip is sparking online backlash as tensions over the use of AI continue. Read More

Apple says more ex-employees may have taken confidential data to OpenAI: Apple says its trade secrets investigation into OpenAI has widened. In a new court filing, Apple claims additional former staff may have retained or accessed confidential information. Read More

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Morning Must-Reads

Spotify now has over 300M subscribers: Notably, the company saw its subscriber base swell by 9% in the second quarter despite raising prices in several regions this year. Read More

After killer quarter, Palantir CEO Alex Karp calls AI industry 'Marxist': After a quarter that delivered $1 billion in profit, Palantir CEO Alex Karp on Monday once again warned that AI frontier labs are too untrustworthy for enterprises. Read More

AWS is helping vibe-coding startup Superblocks, and the implications are big: AWS now allows vibe-coding tool Superblocks to be embedded into the private clouds of AWS customers. It's another step toward decoupling apps from models. Read More

India moves to give its instant payments network a business model: The legislation lays the groundwork for a potential overhaul of India's zero-merchant-discount-rate regime, under which businesses have not paid fees to accept UPI payments since 2020. Read More

EON wants to move the data superhighway from ocean fiber to space lasers: Endeavour Optical Networks is planning to launch the fastest space laser communications system yet built. Read More

Last but Not Least

Apple finally fixed Siri. So why does it feel anticlimactic?: Apple’s long-awaited AI overhaul finally makes Siri the assistant it was always supposed to be. Yet it arrives at a moment when simply being a capable AI assistant no longer feels revolutionary. Read More