newsnation

Jonathan Weil / Wall Street Journal : An analysis of Bending Spoons' financials: the company relies on aggressive post-acquisition price hikes, and rising interest rates could crimp its growth   —  The tech roll-up relies on aggressive price hikes and bespoke metrics.  Rising interest rates could crimp its growth.

Jason Ma / Fortune : Sam Altman confirms OpenAI won't go public this year saying “given everything happening with safety, right now would be an ill-advised moment to go public”   —  Wall Street will have to wait for one of the most highly anticipated initial public offerings as OpenAI CEO Sam Altman confirmed it will not happen in 2026.

Bloomberg : Donald Trump's plan to center Bitcoin mining in the US is unraveling as miners convert facilities into AI data centers amid a prolonged crypto market slump   —  Donald Trump's pledge to ensure that Bitcoin mining activity is centered in the US is rapidly disintegrating under the twin forces …

Tom Rees / Bloomberg : The UK's Office for National Statistics cites AI as a major driver of the country's summer growth spurt, with GDP growing 0.4% in July, above expectations   —  No one in the City of London saw Britain's summer growth spurt coming.  —  Even the most optimistic economists' forecasts for July had the economy expanding 0.1%.

On a cloudy morning at the site where two sprawling towers once stood, the loved ones of New Yorkers killed on 9/11 gathered with a message for President Donald Trump: Release the unredacted files they believe could implicate Saudi Arabia. Vice President JD Vance attended the ceremony alongside former presidents George W. Bush, Barack Obama, Joe Biden and Bill Clinton, as well as former Secretary of State Hillary Clinton. New York City Mayor Zohran Mamdani and former Gov. Andrew Cuomo were also among those in attendance. The message was delivered on the main stage by Terry Strada, whose husband, Tom, was killed in the attacks. Speaking from the memorial stage, Strada accused successive administrations of protecting Saudi Arabia instead of supporting the 9/11 families. Strada called out President Barack Obama, who was at the memorial, for vetoing the Justice Against Sponsors of Terrorism Act, or JASTA, in 2016. Congress later overrode the veto, allowing 9/11 families to sue Saudi Arabia...

Andrew Solender / Axios : Sources: some lawmakers urge Speaker Johnson to cancel the fall House recess until Congress passes AI safeguards, after Anthropic researcher warnings   —  A letter is circulating among House members urging Speaker Mike Johnson (R-La.) to bring back the House “immediately” …