TechCrunch Top 3

High costs and thin margins threatening AI coding startups: Coding assistant startups are highly unprofitable, says a source familiar with Windsurf financials. Read More

Google tests revamped Google Finance with AI upgrades, live news feed: Users will now be able to research their financial questions with AI, access advanced charting tools, and get real-time data and news. Read More

Tesla shuts down Dojo, the AI training supercomputer that Musk said would be key to full self-driving: The disbanding of Tesla's Dojo efforts follows the departure of around 20 workers, who left the automaker to start their own AI company dubbed DensityAI focused on data center services for industries. Read More

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Morning Must-Reads

OpenAI's GPT-5 is here: OpenAI CEO Sam Altman says GPT-5 is the "best model in the world," and aims to make ChatGPT more intuitive to use. Read More

The backlash against Duolingo going 'AI-first' didn't even matter: Duolingo faced significant backlash for announcing that it would become an "AI-first" company -- and yet, the app posted strong financials this quarter. Read More

Meta acquires AI audio startup WaveForms: WaveForms, founded just eight months ago, last raised $40 million in a round led by Andreessen Horowitz that valued the company at $160 million pre-money, per PitchBook data. Read More

AI agents aren't the 'new Google,' says Airbnb CEO: AI chatbots, while potentially driving new leads to the travel and services business, aren't entirely a replacement for the referrals that the dominant search engine brings. Read More

How to use Instagram Map and set your location-sharing preferences: Following concerns about safety, Instagram head Adam Mosseri reassured users that the feature is opt-in, and noted that some people are "confused" about how the feature works. Read More

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Last but Not Least

IPO hopeful Brex scored major win to sell in the EU, plans UK expansion: The EU has authorized Brex to sell its spend management products directly in all 30 countries, "no workarounds required," CEO Pedro Franceschi said. Read More