[8/12 09:00] Junyang Lin launches Pragmatik Labs at $2 billion valuation / Foxconn Q2 profit up 35 percent

AI News Flash for August 12, 2026 at 09:00 UTC. Topics: 1. Junyang Lin launches Pragmatik Labs at $2 billion valuation https://www.bloomberg.com/news/articles/2026-08-12/ex-alibaba-ai-architect-wins-tencent-hsg-backing-for-new-lab 2. Foxconn Q2 profit up 35 percent https://www.aljazeera.com/economy/2026/8/12/taiwans-foxconn-reports-35-percent-rise-in-profit-on-ai-demand 3. San Mateo County passes humanoid robot regulation https://abc7news.com/post/san-mateo-county-california-1st-places-us-pass-resolution-regulate-humanoid-robots/19665144/ 4. Samsung adopts Anthropic's Claude for chip design https://www.investing.com/news/stock-market-news/samsung-adopts-anthropics-claude-ai-for-chip-design-report-93CH-4853701 5. Hedge funds raised short bets on AI stocks in July https://www.reuters.com/markets/wealth/hedge-funds-upped-short-ai-bets-july-hazeltree-says-2026-08-12/

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[8/12 09:00] Junyang Lin launches Pragmatik Labs at $2 billion valuation / Foxconn Q2 profit up 35 percent

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