Anthropic Enables Auto Mode by Default in Claude Code
According to TechCrunch, Anthropic is rolling out a change to Claude Code that enables auto mode by default. The update means that developers using the coding tool will require less manual intervention during programming sessions, as the agent will be able to make more decisions autonomously without waiting for user confirmation at each step.
The shift signals a broader push by Anthropic to streamline agentic coding workflows. Claude Code, Anthropic's terminal-based coding agent, has been positioning itself as a hands-free development tool, and enabling auto mode by default represents a meaningful step in that direction. No changes to pricing or availability were announced alongside the update.
Situational Awareness Invests $400M in Chip Startup Source Foundry
TechCrunch reports that Situational Awareness, an AI-focused hedge fund, has made a $400 million investment in chip startup Source Foundry. The investment represents one of the larger bets recently placed on semiconductor infrastructure aimed at supporting AI workloads.
Source Foundry operates in the chip design and fabrication space, though further details about the startup's specific technology or production roadmap were not disclosed in the report. The funding round highlights continued investor appetite for AI-adjacent hardware companies as demand for specialized compute infrastructure remains strong across the industry.
Those are the key AI developments for August 10, 2026. Check back for more updates as the industry continues to evolve.