The market shows a strong appetite for AI, evidenced by OpenAI's fundraising and major infrastructure investments from tech giants like Google and Amazon. In acquisitions, SentinelOne is buying an Israeli AI startup for $250 million. This industry shift is also affecting employment, with e-commerce company Yotpo laying off 200 employees to focus more on AI. Google's subsidiary DeepMind has revealed Genie 3, a "world model" for creating real-time interactive simulations, but the company also faces scrutiny over its Waze deal and criticism for the declining quality of its search engine. Elsewhere, Amazon has shut down the Alexa skill for Sengled's smart lighting, PayPal is enabling merchants to accept cryptocurrency, and Valve's founder Gabe Newell has purchased a superyacht company.

https://www.calcalist.co.il/calcalistech/article/r1jytcivee
https://www.calcalist.co.il/calcalistech/article/bjd5q9idxe
https://www.calcalist.co.il/calcalistech/article/syn7mmavee
https://www.theverge.com/analysis/718436/amazon-alexa-skill-ended-for-sengled-smart-lighting
https://www.theverge.com/news/718639/gabe-newell-valve-superyacht-oceanco
https://www.calcalist.co.il/calcalistech/article/hjk8rurdgl
https://www.calcalist.co.il/calcalistech/article/skp3corpel
https://www.calcalist.co.il/calcalistech/article/b1wcnukdxx
https://arstechnica.com/ai/2025/08/deepmind-reveals-genie-3-world-model-that-creates-real-time-interactive-simulations
https://arstechnica.com/gadgets/2025/08/enough-is-enough-i-dumped-googles-worsening-search-for-kagi