Snap Inc. is transitioning from an advertising-dependent business model to a diversified revenue stream anchored by Snap+, a high-margin subscription service. With ads currently representing 87% of $5.9 billion in FY2025 revenue, the company expects its direct subscription revenue to reach $1 billion annualized run rate in 2026, leveraging near-zero marginal costs and existing network effects to compete more effectively against data-advantaged competitors like Meta.
Israeli filmmakers Yuval Abraham and Rachel Szor's documentary Naza received a record 24.5-minute standing ovation at the Venice Film Festival for its examination of how Israel selects targets for airstrikes in Gaza, featuring interviews with 24 Israeli military and intelligence officers about targeting systems including the AI-assisted programme Lavender. The 80-minute film, based on nearly three years of investigation, explores the scale and remote nature of target identification while concealing the identities of interviewed sources.
Anthropic's Frontier Red Team developed evaluations measuring AI capabilities in tactical intelligence targeting and conventional weapons development, finding that AI models show concerning progress on simulated kill-chain tasks. The research indicates that AI could make intelligence targeting and weapons engineering less labor-intensive, potentially enabling smaller threat actors to conduct surveillance and weapons development previously requiring expert human analysts.