AI News today - August 05th - AMD’s data center business is booming while gaming takes a...

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TL;DR: AI News today - August 05th - AMD’s data center business is booming while gaming takes a...

📅 August 05, 2026 • ⏱️ 5-min read • 🎧 Also available as a podcast

Today's Top AI Stories

AMD’s data center business is booming while gaming takes a backseat

Driven by demand for AI capacity, AMD's data center revenue more than doubled year-over-year in its latest earnings report, reaching $6.7 billion. That's up from $5.8 billion in Q1, and jumping 107 pe

SpaceX made more revenue as an AI company than a space company

SpaceX's AI revenue grew more than three times to $2.6 billion from the year before, mostly because of deals that the company made to provide compute to other AI companies, according to SpaceX's quart

How an OpenAI influencer trip backfired

The brand trip is a right of passage for influencers. It's a mark of legitimacy that a sponsor wants to invite them on an all-expenses-paid vacation, often with luxurious freebies and activities. Trip

Open-Weight AI Models Lack Critical Safety Features

A new SaferAI report warns that open-source AI models like Z.ai's GLM-5.2 are approaching frontier capabilities while missing essential safety mitigations. The finding raises urgent questions about whether governance can keep pace with rapidly advancing open-weight models.

Anthropic Inks $10 Billion Cloud Partnership Deal

Anthropic signed a major $10 billion deal with AI cloud startup Volta, continuing its aggressive expansion of cloud partnerships. The agreement underscores the massive capital flowing into AI infrastructure and compute services.

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AMD is absolutely crushing it in data centers right now. Their latest earnings report just dropped, and the numbers are staggering. We're talking $6.7 billion in data center revenue. That's more than double compared to last year. Think about that for a second. They went from $5.8 billion in Q1 to absolutely explosive growth. This is a 107 percent year-over-year increase. What's driving this insane momentum? AI capacity. Companies everywhere are scrambling to build out their AI infrastructure, and AMD is right there capturing that massive demand. Their chips are powering data centers globally. But here's the interesting part. While data center business is booming, gaming is taking a backseat. AMD's gaming segment isn't getting the same attention or resources anymore. The company is clearly betting big on AI infrastructure over consumer gaming. This shift tells us something crucial about where the real money is flowing. Data centers are the new gold rush. AMD is positioned perfectly to capitalize on this wave. Their processors are essential for training and running large language models. Every major tech company needs compute power, and AMD is supplying it at scale. This is a massive win for AMD shareholders. The stock market is definitely taking notice of these results.

Now let's talk about SpaceX. You might think of them as a space company, right? Wrong. SpaceX just revealed something shocking in their quarterly report. Their AI revenue actually exceeded their space revenue. We're talking $2.6 billion in AI revenue. That's more than three times what they made the year before. How is a space company making more money from AI? It's simple. SpaceX started providing compute capacity to other AI companies. They're essentially renting out their computing infrastructure to AI firms that need massive processing power. This partnership strategy is brilliant. SpaceX has the infrastructure, the expertise, and the capital to support AI workloads. Other companies are willing to pay premium prices for reliable compute services. This diversification move shows how AI is reshaping entire industries. SpaceX isn't abandoning space exploration. But they're recognizing that AI infrastructure is incredibly lucrative right now. The compute shortage is real, and companies are desperate for solutions. SpaceX stepped in and captured a huge slice of that market.

OpenAI tried something that completely backfired. They organized an influencer trip. You know the type. All-expenses-paid vacation, luxury freebies, exclusive activities. It's supposed to be a mark of legitimacy. A sponsor saying, "We trust you enough to represent our brand." But this trip turned into a PR nightmare. Influencers started questioning OpenAI's practices and policies. Some felt manipulated by the experience. Others thought the trip was trying to buy their silence on important issues. The whole thing exposed something uncomfortable about influencer marketing in the AI space. Can companies really buy credibility with free vacations? Apparently not anymore. Audiences are more skeptical than ever. They want authentic commentary, not sponsored positivity. OpenAI learned an expensive lesson about brand trust.

Here's something that should worry everyone. Open-source AI models are getting dangerously powerful without proper safety features. A new SaferAI report reveals that models like Z.ai's GLM-5.2 are approaching frontier capabilities. But they're missing critical safety mitigations. This is a huge problem. Open-weight models are freely available to anyone. That means potentially dangerous AI systems could be deployed without safeguards. The report raises urgent questions about governance. Can regulatory bodies keep pace with rapidly advancing open-source models? Probably not at current speeds. We need better frameworks, better oversight, better safety standards.

Finally, Anthropic just signed a massive $10 billion deal with Volta. This cloud partnership continues Anthropic's aggressive expansion strategy. It shows the incredible capital flowing into AI infrastructure right now. These partnerships are reshaping the entire AI landscape.

That's your AI news today. We covered AMD's data center dominance, SpaceX's AI pivot, OpenAI's failed influencer strategy, safety concerns with open-source models, and Anthropic's billion-dollar partnership. Subscribe for more daily AI updates. I'm your AI news host, see you tomorrow!