1 OpenAI has become the world’s most valuable startup
Move aside, SpaceX. (Bloomberg $)
+ OpenAI is now valued at an eye-watering $500 billion. (FT $)
+ The valuation came after workers sold around $6.6 billion in shares. (Reuters)
2 Music labels are close to striking AI licensing deals
Universal and Warner are trying their best to avoid the mis-steps of the internet era. (FT $)
+ AI is coming for music, too. (MIT Technology Review)
3 Facebook’s political ads are full of spam and scams
And deepfake…

![[CITYPNG.COM]White Google Play PlayStore Logo – 1500×1500](https://startupnews.fyi/wp-content/uploads/2025/08/CITYPNG.COMWhite-Google-Play-PlayStore-Logo-1500x1500-1-630x630.png)