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My Daily AI & Markets Briefing · Yesterday · 11 min

Tech & AI Daily – Friday, August 7, 2026

All four watched ETFs rallied Friday, led by SOXL surging 5.37% as semiconductors staged a massive snapback with a record $5.4B single-day inflow into chip funds. • AMD acquired Taalas, a neural-network-to-silicon compiler startup, in a bold hardware-software co-design move aimed at closing the inference efficiency gap with Nvidia. • OpenAI's Jony Ive device now has concrete specs: a hockey-puck-shaped, displayless, battery-powered smart speaker priced at $300–$400, targeting the ambient-AI consumer market. • Google DeepMind released Gemini Robotics 2, a three-model suite pushing physical AI into direct competition with Figure, Boston Dynamics, and Tesla's Optimus. • SoftBank donated $50M to Trump's presidential library months before receiving a federal data center land deal, raising serious conflict-of-interest questions about AI infrastructure allocation.

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All four watched ETFs rallied Friday, led by SOXL surging 5.37% as semiconductors staged a massive snapback with a record $5.4B single-day inflow into chip funds. • AMD acquired Taalas, a neural-network-to-silicon compiler startup, in a bold hardware-software co-design move aimed at closing the inference efficiency gap with Nvidia. • OpenAI's Jony Ive device now has concrete specs: a hockey-puck-shaped, displayless, battery-powered smart speaker priced at $300–$400, targeting the ambient-AI consumer market. • Google DeepMind released Gemini Robotics 2, a three-model suite pushing physical AI into direct competition with Figure, Boston Dynamics, and Tesla's Optimus. • SoftBank donated $50M to Trump's presidential library months before receiving a federal data center land deal, raising serious conflict-of-interest questions about AI infrastructure allocation.

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