“Over the last few months, I’ve been focused on the next horizon and what would stand in the way of mission success,” Lightcap wrote. “I believe there are a few important new things the world will need to get right as we enter this next period. I … am excited to help you all advance the mission from a different vantage point.” He added that he’d still be around for the next few weeks.

Lightcap’s role has changed a lot over the past year and a half. In March 2025, his role as COO expanded to include overseeing OpenAI’s “business and day-to-day operations,” heading up global deployment and “focusing on business strategy, key partnerships, infrastructure, and operational excellence to maximize the impact of our research.” Then in January 2026, Lightcap took a step back from leading the company’s enterprise push as far as product and engineering but stayed in charge of commercial functions. (Embattled AI executive Barret Zoph took over enterprise before departing about five months later.) In April, Lightcap officially stepped down from his COO role, transitioning into a new one leading the team’s “special projects” and reporting to OpenAI CEO Sam Altman. Denise Dresser, the company’s CRO, took over a significant portion of his former role.

It’s not the only high-profile departure from OpenAI’s executive team in recent months: OpenAI’s AGI chief, Fidji Simo, officially departed her role in July after a stint on medical leave, and in April, CMO Kate Rouch also stepped down for health reasons. There’s also been a significant amount of company reorganizing and C-suite changes, with company president Greg Brockman taking control of the product side of things, and the company vowing to cut out “side quests” in favor of key revenue drivers as it prepares to go public over the coming year.

“It always amazes me how quickly the world has adopted our tools and rallied behind our mission,” Lightcap wrote. “I hope we will continue to earn their trust.”

Joby says it expects to finance the deal with $450 million in cash and $50 million in equity. After the deal closes, which is expected in early 2027, Resonant will continue its existing work as Joby’s dedicated defense division, the company said. The commercial division will remain focused on air taxis, the first of which are expected to launch later this year.

The deal is the latest example of the fledgling electric aviation industry looking beyond urban air taxis for new revenue streams, especially as rising costs and a protracted regulatory approval process pushes air taxi success further into the future. For many, lucrative military contracts represent too ripe an opportunity to pass up.

Resonant Sciences, which was founded in 2015 and employs around 250 people, develops systems that help aircraft see, communicate, and operate in complex environments, including war zones. Its sensors, antennas, and signal-processing technology to gather information support secure communications and protect against interference, while its low-observability expertise helps make aircraft harder to detect. Resonant’s products are already qualified across more than 20 commercial and defense airframes. And many of the firm’s employees have military clearance due to the classified nature of their work.

Joby says the acquisition will allow it to combine its propulsion and autonomy tech with Resonant’s radio frequency, sensing, and mission systems capabilities. The company says it intends to design and build stealth aircraft using its newly acquired systems.

Joby has long had ties to the military, stretching back to 2016 when the company participated in the Department of Defense’s Defense Innovation Unit project. In 2020, Joby became the first eVTOL developer to secure an airworthiness approval and flight clearance certificate from the US Air Force for government-led testing. And in 2023, it delivered its first aircraft to Edwards Air Force Base for testing.

Electric aircraft developers are increasingly looking to military projects to help shore up their cash-intensive business. Air taxis have yet to obtain the necessary government approvals in most markets that would allow them to launch their commercial service and bring in more money. As such, most of these companies, Joby included, regularly report steep quarterly losses. Last week, Joby reported a net loss of $245.4 million in the second quarter of 2026 on $38.6 million in revenue.

That’s made possible by a new “zero-exposure security framework” developed by 1Password, which works by injecting the required credentials for each task through a secure channel that the Claude agent can’t view. That means that while the AI can be granted permission to use your stored details, it can’t actually see your passwords or MFA one-time code.

Claude access is granted per task, and 1Password says its users can approve or deny each request with a single biometric prompt. That’s still a workflow interruption, but less of a nuisance compared to temporarily taking over to sign into accounts. As a precaution, 1Password says it also scans the page after every autofill to ensure nothing in form submissions remains exposed before returning control to Claude.

“The moment an AI agent takes control of the browser, 1Password locks down automatically, limiting access to only the credentials explicitly granted for the current task,” 1Password said in its press release. “Nothing else in the 1Password vault is reachable.”

1Password for Claude is available now for 1Password users on Mac, across business, family, and individual plans. The 1Password desktop app and browser extensions are required to use the feature, as well as the Claude desktop app and browser extensions.

You can store a wide variety of security information in 1Password’s vaults, including passwords, passkeys, 2FA codes, API tokens, and personal information like your address and financial details. 1Password doesn’t specify which credentials Claude will be able to access, but it appears to be limited to login-related details for now — the company says that support for payment cards and identity details will be available sometime after launch.

Similar APIs are common across other social media networks, but those aren’t as fraught with conflicts of interest. While Trump Media hasn’t disclosed how much the API service will cost, it stands to benefit the Trump family, with them being the largest shareholder in the publicly traded company.

In a statement, interim Trump Media CEO Kevin McGurn said that “markets already move on Truth Social posts,” and that the company expects Truth API “to become a meaningful, ongoing source of revenue.”

President Donald Trump is the most followed user on Truth Social, and regularly uses the platform to announce official communications before they’re posted to other platforms. He currently has 12.9 million followers, with accounts for his sons, FBI director Kash Patel, and the White House also ranking highly with millions of followers.

“Truth API uses familiar, industry-standard delivery methods to deliver Truth Social posts to our customers in milliseconds,” Trump Media said in its announcement. “It is expected to provide continuous 24/7 coverage and includes a historical archive of posts dating back to 2022.”

According to WDTN, an NBC affiliate in Miami Valley, Ohio, Buc-ee’s opened its first locations in the state earlier this year. And now it’s targeting established local businesses through trademark suits. Beaver’s Mini Mart in Beavercreek has been a staple of the city for “decades.” But Buc-ee’s is claiming that this long-running store’s beaver logo could confuse customers. WDTN says:

In the suit, filed days ago, Buc-ee’s alleges that the Mini Mart’s cartoon beaver mascot is too similar to their own, with its “wide eyes and a smile” that also “uses red as a predominant color,” and could cause confusion.

Oliver and Mr. Nutterbutter have already fended off one lawsuit, with Bob Murray, a mining executive, having unsuccessfully sued for defamation following a 2017 episode about the coal industry.

“We’re building AI compute capacity at scale faster than anyone else, we believe, and we’re significantly improving our AI models,” Elon Musk said on an investor call.

Despite its name, SpaceX said in the documents for its IPO that it expected most of its value to come from AI. SpaceX had the biggest-ever IPO in June. One of the things that the company said it could do better than anyone else was build data centers in space. The company has three segments: space, AI, and “connectivity,” which is the Starlink internet service. Space had $962 million in revenue this quarter, and SpaceX remained the biggest user of SpaceX rockets. The Starlink service had $4.2 billion in revenue.

Grok, SpaceX’s AI model that has been in hot water for undressing women and children without their consent, had fallen far behind other companies in the AI race. So before the IPO, SpaceX rented out the data center capacity it had initially built for itself. The company also agreed to acquire Cursor, providing it with an enterprise AI product. The acquisition has not yet closed, though Musk said on the call they’re “close to that,” but didn’t want to “jump the gun” on regulatory approval.

SpaceX is still losing money, but the loss this quarter narrowed to $143 million dollars. Musk’s grandiose plans — data centers in space, an addressable user market of more than the US GDP — don’t just come with a big price tag in AI. The costs of developing technology in its space division also rose by $389 million from the year before, with Starship as the primary driver of spending. Starship is key to Musk’s plan to expand its connectivity business, the only profitable part of the company.

Starship has to be able to launch heavier versions of the satellites that make its Starlink internet business profitable. Some of these satellites have already been manufactured, and in today’s documents, SpaceX said it had launched 20 of them. It’s not clear how far away the full deployment — of 60 satellites at once — is.

Though SpaceX beat analyst estimates, according to Bloomberg, its shares declined after market, following an initial pop of enthusiasm.

Update 5:40PM ET August 4th: Adds revenue from space and connectivity sectors of the business, as well as details on SpaceX’s history with AI, and details from the investor call.