The day in tech.

A crypto boss who went missing four years ago has now had his successor disappear. The successor's whereabouts are unknown, marking a second vanishing at the same company.

Investors are attempting to catch a falling knife by betting on risky funds during the chip rout. The strategy involves buying into volatile semiconductor-related assets as prices drop sharply, seeking potential rebounds amid market turbulence.

Legal tech start-ups are packaging AI disruption into new, risky wrappers. The approach introduces uncertainty around liability and compliance for legal work. Firms adopting these tools face untested ground in professional responsibility and data security.

Nvidia's largest customers have been notified that servers containing its AI chips will rise in price by more than 15% in many cases from early next year, driven by memory costs. Systems built around Vera Rubin and Grace Blackwell chips are affected.

India observed its third National Space Day, commemorating the Chandrayaan-3 lunar landing. ISRO Chairman Dr. V. Narayanan recalled the agency's humble beginnings and global standing, highlighting the soft landing near the Moon's south pole in August 2023.

Nvidia plans to use its $6B deal with Poolside to build an open-weight AI model competing with Chinese models like DeepSeek and Kimi. The sweeping agreement aims to build an open AI ecosystem in the U.S. against Chinese heavyweights and American AI giants.

Flipkart Minutes now delivers 1.1 million to 1.2 million orders daily, up from about 400,000 in November, closing in on Swiggy's Instamart at 1.4 million. The service operates roughly 1,020 to 1,050 micro-fulfillment centers, adding about 100 monthly, with average delivery time down to 11 minutes.

Wall Street's exclusive wilderness camp attendees were spooked by AI. The event's participants discussed artificial intelligence's impact on finance, with concerns about the technology's rapid advancement and implications for the industry's future.

Apple laid off about 200 workers across its Vision Pro and Siri teams, with 100 cuts in the Vision Pro division focused on gaming and immersive video and 100 in Siri and software. The company is shifting focus to smart glasses and next-gen AI.

Sony's Xperia 10 VIII launch event is set for August 25 at 11 AM Japan time. The device, nearly identical to the Xperia 10 VII, runs Android 16 with a Snapdragon 6 Gen 3 SoC and 8GB RAM.