Cisco

Nvidia-led OSAA launches SAFE working group

Nvidia has spearheaded the Open Secure AI Alliance (OSAA), an industry group that has grown to over 120 companies in its first week and created the Shared AI Findings Exchange (SAFE) working group. SAFE has published proposals for open comment, with the Linux Foundation managing the proposals. Members convened at Black Hat in Las Vegas while contributing open-source tools and components — examples include Nvidia’s Garak LLM vulnerability scanner, Okta’s agent identity work, Red Hat’s agent governance efforts, and Amazon’s Strands Agents and Cedar authorization language. The membership list includes large enterprise names such as Adobe, BlackRock, Cisco, Intel, Microsoft, Visa and Hugging Face; notable nonparticipants so far include Anthropic, OpenAI and Google. The alliance and its rapid activity follow an industry debate about U.S. policy toward Chinese open-weight models and an open letter urging U.S. support for open-source AI.

Bank of America Names Stocks to Buy Before Earnings

Bank of America analysts say several stocks have upside ahead of upcoming quarterly reports and highlighted names investors should consider buying. The bank and CNBC Pro screened buy-rated companies including Spotify, Cisco, RB Global, Ralph Lauren and DoorDash. Bank of America analysts noted Spotify’s stable key performance indicators and accelerating revenue growth (citing moderating FX headwinds) and said the company’s AI product roadmap and pricing power are encouraging ahead of its August 4 earnings. RB Global (formerly Ritchie Brothers) and Ralph Lauren were also highlighted as attractive ahead of earnings on August 4, with analysts citing improving fundamentals and margin opportunities. The article reflects analyst recommendations and company-specific expectations rather than company financial releases themselves.

Altman Brings GPT-6 to White House, Joins Voluntary Review

Sam Altman flew to Washington to demonstrate GPT-6 to the White House and signed up for a newly announced voluntary pre-approval regime for frontier AI models. Researchers at NTT's Physics of AI Lab and Harvard's Center for Brain Science reported an optimal AI-agent team size of 16 in a consensus task called the Flag Game, challenging claims that ever-larger agent swarms always improve performance. WIRED reported that private Anthropic (Claude) chats appeared in Google and Bing search results because Anthropic relied on robots.txt but omitted a required noindex tag; Forbes previously reported a similar exposure. Figure announced its BotQ factory produced its 1,000th Figure 03 humanoid, though critics note production counts don't prove deployed working robots. The newsletter also summarizes several industry items, including Cursor's India pricing, Cisco's deep-networking AI models, PJM's planned data-center curtailments in 2027, X's X Money rollout, and Meta signing the EU AI-content transparency code.