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<!--[if !gte mso 9]><!----><span class="mcnPreview Text" style="display:none; font-size:0px; line-height:0px; max-height:0px; max-width:0px; opacity:0; overflow:hidden; visibility:hidden; mso-hide:all;">Ilya Sutskever becomes CEO of SSI, with co-founder Daniel Levy as president; the technical team will continue reporting to Sutskever</span><!--<![endif]-->
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=fb2ddf4cdf&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Generate videos with Veo 3 in Google Gemini</a></span>
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<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_story first_in_section big_story">
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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=df5b4d680e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Ilya Sutskever becomes CEO of SSI, with co-founder Daniel Levy as president; the technical team will continue reporting to Sutskever</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ashley Capoot / </span><span class="pub_name">CNBC</span>)</span>
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<span class="excerpt">OpenAI co-founder Ilya Sutskever said he will assume the CEO role at Safe Superintelligence … </span>
<span class="cite">(Ashley Capoot / CNBC)</span>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=7e0890c554&e=06cea4a9e4" style="text-decoration: none;color: black;">@ilyasut:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=524069607c&e=06cea4a9e4" style="text-decoration: none;color: black;">I sent the following message to our team and investors: — As you know, Daniel Gross's time with us has been winding down, and as of June 29 he is officially no longer a part of SSI. We are grateful for his early contributions to the company and wish him well in his next endeavor. I am now formally CEO of SSI, and Daniel Levy is President. The technical team continues to report to me. You might have heard rumors of companies looking to acquire us. We are flattered by their attention but are focused on seeing our work through.</a>
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<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=0babc18d13&e=06cea4a9e4" style="text-decoration: none;color: black;">@bindureddy:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=99b8fc09a0&e=06cea4a9e4" style="text-decoration: none;color: black;">Ilya is now the CEO, CTO, and CSO of SSI. His $32B AI start-up that has no product, no revenue, and no legit website Now that's some real market power!! 🚀🚀</a>
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<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=8f64b2c257&e=06cea4a9e4" style="text-decoration: none;color: black;">@daniellevy__:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ba303299f5&e=06cea4a9e4" style="text-decoration: none;color: black;">🫡</a>
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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=30aab4dfe2&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Daniel Gross is leaving Safe Superintelligence, the AI startup he co-founded with Ilya Sutskever, to join Meta's new superintelligence lab</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</span>
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<span class="excerpt">Daniel Gross, the former chief executive officer and co-founder of artificial intelligence startup … </span>
<span class="cite">(Bloomberg)</span>
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<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=7320856569&e=06cea4a9e4" style="text-decoration: none;color: black;">@lpolovets:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=6cd648c312&e=06cea4a9e4" style="text-decoration: none;color: black;">Meta paying up for OpenAI engs is fascinating. Founders get questions like “what if Google copies you?” or “what if they offer your key eng $5m?” These used to be hypothetical. Now Meta might be starting a trend where big co's recognize that some hires are literally priceless.</a>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=3f16e15ac6&e=06cea4a9e4" style="text-decoration: none;color: black;">@distributionat:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=cf5c023419&e=06cea4a9e4" style="text-decoration: none;color: black;">Hearing about more senior departures for meta from all labs, will probably be public next week. Intense pressure on leadership at all labs to retain talent, with the usual suspects feeling heat the most</a>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e71ef92413&e=06cea4a9e4" style="text-decoration: none;color: black;">@danielgross:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d6d098656b&e=06cea4a9e4" style="text-decoration: none;color: black;">Ilya and Daniel have assembled an incredible team and I'm honored to have been able to assist in getting SSI off the ground. The company's future is very bright, and I expect miracles to follow.</a>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=0f871886a2&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Meta offers to buy ~49% of Nat Friedman and Daniel Gross's VC fund NFDG; about half of NFDG's first fund of ~$1.1B, raised in 2023, has been invested</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Yuliya Chernova / </span><span class="pub_name">Wall Street Journal</span>)</span>
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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=7e237a3ff9&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Siemens says it has restored full access to its chip design software for its Chinese clients, after the Trump administration lifted export curbs imposed in May</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Mackenzie Hawkins / </span><span class="pub_name">Bloomberg</span>)</span>
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<span class="excerpt">President Donald Trump's administration has lifted recent export license requirements … </span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=32c071c63a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">ASML, Mistral AI, and 40+ European companies urge the EU to delay the implementation of its AI Act for two years, saying it puts the bloc's AI ambitions at risk</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Gian Volpicelli / </span><span class="pub_name">Bloomberg</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=f6462b2ccc&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Ford CEO Jim Farley, Andy Jassy, and other CEOs are now predicting AI will significantly replace white collar workers, a shift from dodging job loss questions</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Wall Street Journal</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=716d80662e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Google rolls out its Veo 3 video generation model to Google's AI Pro subscribers in more than 159 countries, with a cap of three videos per day</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ivan Mehta / </span><span class="pub_name">TechCrunch</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=0e94f3dad5&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Meta is testing custom AI chatbots that message users unprompted, following up on past conversations to boost engagement on its AI Studio platform</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Business Insider</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=32c07230d7&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: in 2024, Apple explored a cloud service renting its own chips to developers; it spends ~$7B per year on renting Nvidia chips from AWS and Google</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Aaron Tilley / </span><span class="pub_name">The Information</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=3a77e6c302&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">A whistleblower details Clothoff, an AI-powered nudify app that owns 10 similar services; Clothoff had 27M visitors in H1 2024 and produced 200K images daily</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Spiegel Online</span>)</span>
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</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e2774daa7e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Samsung's One UI 8 animation files show its future tri-fold phone, with three rear panels and two inward-folding hinges, rumored to be called the Galaxy G Fold</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Aamir Siddiqui / </span><span class="pub_name">Android Authority</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=472abd83e2&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Mixpanel co-founder Suhail Doshi calls out Soham Parekh, who he says “works at 3-4 startups at the same time” and has “been preying on YC companies and more”</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Bhavya Sukheja / </span><span class="pub_name">NDTV</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
video games
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=74120a267a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Microsoft cut hundreds of Xbox jobs across studios, including King, ZeniMax, and Halo Studios, and cancels games like the new Perfect Dark and Everwild</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jason Schreier / </span><span class="pub_name">Bloomberg</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=bb7788128c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Xbox says Arrowhead Game Studios' Helldivers 2 will debut on the Xbox Series X and S on August 26 for $40, the first PlayStation-published title to come to Xbox</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Cameron Faulkner / </span><span class="pub_name">The Verge</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c9be087345&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources detail EA's issues developing the next Battlefield, which now has a $400M+ budget; few staff believed EA leadership's 100M player target was achievable</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Samuel Axon / </span><span class="pub_name">Ars Technica</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
artificial intelligence
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=3246e3d11d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Similarweb: since Google launched AI Overviews, the number of news searches that result in no click-throughs has grown from 56% in May 2024 to 69% in May 2025</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Sarah Perez / </span><span class="pub_name">TechCrunch</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=591f0f2f16&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Researchers detail Centaur, a modified version of Llama trained on 10M+ human responses from 160 psychological experiments to better understand human cognition</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Carl Zimmer / </span><span class="pub_name">New York Times</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9a95475efc&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Memphis grants xAI an air permit to operate 15 gas turbines at its Boxtown campus until 2027, despite protests and a potential NAACP lawsuit over pollution</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Molly Taft / </span><span class="pub_name">Wired</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=edbcc4c502&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">AI is making it easier to create VTubers and faceless voiceover channels, fueling a new wave of virtual YouTube and TikTok creators amid concerns about AI slop</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Zach Vallese / </span><span class="pub_name">CNBC</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=a17b73542d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">How Trump's One Big, Beautiful Bill, which was approved by Congress, could cost the US the AI race by handicapping efforts to meet data center power demands</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jordan Blum / </span><span class="pub_name">Fortune</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=f4f100ba9b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">White collar workers are increasingly using AI note-taking apps to assist them during virtual meetings or listen in their place when they choose not to attend</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Washington Post</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=2d8bdafb52&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">An analysis of 15M+ biomedical abstracts from 2010 to 2024 finds researchers using AI to write abstracts use certain words far more often than those who didn't</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Gina Kolata / </span><span class="pub_name">New York Times</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=8a84905b9e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Baidu overhauls its search engine with AI features and a voice function in its most sweeping revamp in years, and rolls out its first image-to-video model</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=df82cef720&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Some Chinese universities use AI detection tools to screen papers, but false positives force students to “dumb down” their writing or pay for rewriting services</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Peiyue Wu / </span><span class="pub_name">Rest of World</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
cryptocurrency
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=5512a0fa88&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: JD.com and Ant are lobbying the People's Bank of China to authorize yuan-based, Hong Kong-issued stablecoins to promote the yuan and counter USD coins</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Reuters</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=5daaadd8fc&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Founders Fund-backed Ondo Finance and Pantera Capital launch a $250M fund to invest in real-world asset tokenization projects via equity stakes and tokens</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Lucinda Shen / </span><span class="pub_name">Axios</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c5f029a9fe&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Bitcoin's implied volatility has fallen to its lowest level in about two years, per Deribit, and BTC has traded between $93K and $111K over the past two months</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kirk Ogunrinde / </span><span class="pub_name">Bloomberg</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
funding deals
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=32d50d3bde&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The Open Platform, a key TON developer that is behind Telegram's crypto Wallet, raised a $28.5M Series A at a $1B valuation, bringing its total funding to $70M+</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ben Weiss / </span><span class="pub_name">Fortune</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=b321fcfc6f&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">London-based Hived, which offers an AI-based logistics and parcel delivery service, raised a $42M Series B led by NordicNinja</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kyt Dotson / </span><span class="pub_name">SiliconANGLE</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
more news
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=776521b36b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">A look at the ~$377 TranscribeGlass smart glasses, which weigh 36g and use AI to subtitle conversations in nearly real time, for the deaf and hard-of-hearing</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Boone Ashworth / </span><span class="pub_name">Wired</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=03217cc79d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Thoma Bravo strikes a $2B deal to acquire restaurant software maker Olo, paying $10.25 per share, representing a 65% premium over Olo's share price on April 30</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ryan Gould / </span><span class="pub_name">Bloomberg</span>)</span>
</td>
</tr>
</table>
</div>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ab6ea0d0be&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Protecting your Cloud Applications Data</a></span>
<span class="excerpt" style="color: black;font-size: 16px;"> — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.</span>
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<a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=12f2263756&e=06cea4a9e4" style="text-decoration: none;">
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<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9f29f3c8d8&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">CoreWeave receives Nvidia's Blackwell Ultra servers built by Dell, becoming the first cloud provider to install systems based on Nvidia's latest AI chips</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kif Leswing / </span><span class="pub_name">CNBC</span>)</span>
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</table>
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<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=eb755596ee&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Datadog is joining the S&P 500, replacing Juniper Networks after HPE completed its $13.4B Juniper acquisition, before trading begins on July 9; DDOG jumps 10%+</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jordan Novet / </span><span class="pub_name">CNBC</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=995fa763e0&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Austin-based Ambiq Micro, which makes ultra-low power chips, files for an IPO and reports an $8.3M net loss on $15.7M in revenue in the three months to March 31</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Anthony Hughes / </span><span class="pub_name">Bloomberg</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ef9b080efc&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">FOIA docs: the Trump administration claimed broad authority to nullify laws in letters to tech firms releasing them of legal liability related to the TikTok ban</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Charlie Savage / </span><span class="pub_name">New York Times</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=91d8c03d50&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Uber drivers in British Columbia join a union, seeking to negotiate Canada's first bargaining agreement for rideshare drivers; Uber has agreed to meet the union</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Thomas Seal / </span><span class="pub_name">Bloomberg</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e79d0f2fd0&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Bumble CEO Whitney Wolfe Herd says Bumble's “center of gravity” will move to the US where the “talent pool is right now”; 70% of its staff is UK-based</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Financial Times</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=72c686e26b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">An interview with X VP of Product Keith Coleman about plans to let developers program AI agents to propose Community Notes, the old system, and more</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Will Oremus / </span><span class="pub_name">Washington Post</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=a59a19905b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Counterpoint Research: Apple's iPhone sales in China grew 8% YoY in Q2 2025, the first time Apple has recorded growth in China since Q2 2023</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Arjun Kharpal / </span><span class="pub_name">CNBC</span>)</span>
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