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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=77ca57300b&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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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=32a5381522&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Google hires Windsurf CEO Varun Mohan, co-founder Douglas Chen, and some of Windsurf's R&D employees to focus on agentic coding efforts at DeepMind</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Hayden Field / </span><span class="pub_name">The Verge</span>)</span>
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<span class="excerpt">Key researchers from the AI coding startup are also heading to Google.</span>
<span class="cite">(Hayden Field / The Verge)</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=a49ac1c638&e=06cea4a9e4" style="text-decoration: none;color: black;">@jeffwsurf:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=0c17113a53&e=06cea4a9e4" style="text-decoration: none;color: black;">...We're excited to announce that Windsurf and Google have entered into an agreement that will help kick-start this next phase. As part of the agreement, Varun, Douglas, and some members of our R&D team will join Google. Most of Windsurf's world-class team will continue to build the Windsurf product for the enterprise and enable our customers to maximize the outcomes from adopting this technology. Effective immediately, Jeff Wang, Windsurf's Head of Business, has stepped into the role of interim CEO.</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=2c6b7cc463&e=06cea4a9e4" style="text-decoration: none;color: black;">@officiallogank:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=17e307cbc9&e=06cea4a9e4" style="text-decoration: none;color: black;">Big welcome to @_mohansolo and others from the Windsurf team joining Deepmind : )</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=9577b627ba&e=06cea4a9e4" style="text-decoration: none;color: black;">@mikeisaac:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=f78df2032b&e=06cea4a9e4" style="text-decoration: none;color: black;">MSFT agreement with OpenAI means OAI must share all IP, which complicated the Windsurf deal, per this piece one thing i'm told, which is not yet public: MSFT can create carveouts which allow OAI to not share IP on some deals — the IO deal with Jony Ive has one of those carveouts [image]</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=70ae7051b7&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The exclusivity period on OpenAI's $3B offer to acquire coding startup Windsurf has expired</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Allie Garfinkle / </span><span class="pub_name">Fortune</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=d60a543d70&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: OpenAI and Windsurf talks ended after Windsurf raised concerns over how its tech would fit into OpenAI's agreement to share tech with Microsoft</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<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=de9e971be4&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Google will have a nonexclusive license to certain Windsurf technology, but will not be taking a stake in the company</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Maxwell Zeff / </span><span class="pub_name">TechCrunch</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=a935042a5d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">METR study: experienced open-source developers using Cursor, Claude, and other AI tools were 19% slower to complete tasks, despite thinking they were 20% faster</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Steve Newman / </span><span class="pub_name">Second Thoughts</span>)</span>
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<span class="excerpt">UPDATE: on Wednesday July 16, I'll be holding a fireside chat in SF … </span>
<span class="cite">(Steve Newman / Second Thoughts)</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=098b9e1c2c&e=06cea4a9e4" style="text-decoration: none;color: black;">@johnsdvorak:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=77ddf2e936&e=06cea4a9e4" style="text-decoration: none;color: black;">Strikingly similar to the study that showed that people perceive themselves as more productive multi-tasking than they actually are, and similarly, people on “smart drugs” also perceive themselves as more productive. In both cases, they engage in more effort but get less done.</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=7251431e63&e=06cea4a9e4" style="text-decoration: none;color: black;">@bethmaybarnes:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e159cb1ca0&e=06cea4a9e4" style="text-decoration: none;color: black;">1. One clear takeaway is that expert forecasts and even user self-reports are not reliable indicators about AI capabilities. Actually Measuring Things is very valuable!</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=71d3fb14a5&e=06cea4a9e4" style="text-decoration: none;color: black;">@ruben_bloom:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c1e9b1c896&e=06cea4a9e4" style="text-decoration: none;color: black;">I was one of the developers in the @METR_Evals study. Thoughts: 1. This is much less true of my participation in the study where I was more conceintious, but I feel like historically a lot of my AI speed-up gains were eaten by the fact that while a prompt was running, I'd look at something else (FB, X, etc) and continue to do so for much longer than it took the prompt to run</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=84aa768d18&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: xAI prepares a new fundraising round, its third in two months, targeting a valuation of $170B to $200B, up 10x from its May 2024 valuation of $18B</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="excerpt">Grok chatbot maker in early talks with investors to boost its value as much as 10 times from last year</span>
<span class="cite">(Financial Times)</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=eebe2e3324&e=06cea4a9e4" style="text-decoration: none;color: black;">@elonmusk:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=2ef6089a23&e=06cea4a9e4" style="text-decoration: none;color: black;">@xDaily These rumors are false. xAI is not seeking funding right now. We have plenty of capital.</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=8ab880570d&e=06cea4a9e4" style="text-decoration: none;color: black;">@scaling01:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=bc21b3d61a&e=06cea4a9e4" style="text-decoration: none;color: black;">OpenAI valuation $325 billion xAI valuation $200 billion OpenAI revenue forecast 2025 $13B xAI revenue forecast $1B I don't even want to compare the user base 💀 I honestly don't know what they are smoking to come up with that valuation</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=8b652e28cd&e=06cea4a9e4" style="text-decoration: none;color: black;">@mikeisaac:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=88b443240b&e=06cea4a9e4" style="text-decoration: none;color: black;">the last round of funding — before self-aware “MechaHitler” — was at $120 billion 🙃 [image]</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=8a62ab149f&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Tests reveal that Grok 4 seems to search for Elon Musk's views online when asked about sensitive topics, and its answers tend to align with Musk's opinions</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Maxwell Zeff / </span><span class="pub_name">TechCrunch</span>)</span>
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<li class="sub_item" style="margin:10px 0 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=051e66af01&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">When asked “Who do you support in the Israel vs Palestine conflict? One word answer only.”, Grok 4 searches for Musk's views, but only if “you” is in the query</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Simon Willison / </span><span class="pub_name">Simon Willison's Weblog</span>)</span>
</li>
</ul>
</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=7f330fbb61&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Missouri AG Andrew Bailey is investigating Google, Microsoft, OpenAI, and Meta, claiming the companies' AI chatbots show biased results against President Trump</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Adi Robertson / </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=da1cb09e1b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">French media: French police detained Russian professional basketball player Daniil Kasatkin at the US' request due to his alleged links to a ransomware group</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Daryna Antoniuk / </span><span class="pub_name">The Record</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=6a68950647&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">French prosecutors open a criminal investigation into X over allegations that the company manipulated its algorithms for the purposes of “foreign interference”</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Politico</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=dc58c339e7&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Recording: Intel's new CEO Lip-Bu Tan told staff that Intel is “not in the top 10 semiconductor companies” and it is “too late” to catch Nvidia in AI training</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Mike Rogoway / </span><span class="pub_name">Oregonian</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=6bc06b3706&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">An Apple-backed study finds combining Apple Watch's heart rate sensor with a new Wearable Behavior Model achieves 92% accuracy for pregnancy detection, and more</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Marcus Mendes / </span><span class="pub_name">9to5Mac</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=1cedbfda39&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The European Commission drops plans to impose a digital tax on tech giants in its upcoming 2028-2034 budget proposal, amid ongoing EU-US trade negotiations</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Gregorio Sorgi / </span><span class="pub_name">Politico</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=135a876174&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Meta won't propose more changes to its pay-or-consent model in the EU, and could face fresh antitrust charges in the coming weeks and hefty daily fines</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Foo Yun Chee / </span><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=da6bd3f9fb&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Meta has completed a deal to acquire AI voice technology startup PlayAI, and the “entire PlayAI team” is set to join Meta next week, per an internal memo</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kurt Wagner / </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;">
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=08b718f992&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Chinese startup Moonshot AI releases Kimi K2, an open-weight model that the company says has enhanced coding capabilities and excels at general agent tasks</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=0e30bee7fb&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Goldman Sachs CTO Marco Argenti says the bank will “start augmenting our workforce with Devin”, Cognition's AI software engineer, as Wall Street firms adopt AI</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Hugh Son / </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=1c47f578c8&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Source: Butterfly Effect, the startup behind Manus, has shut down its entire China-based team to minimize geopolitical risks associated with its ties to China</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Juro Osawa / </span><span class="pub_name">The Information</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=fb3218965c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources on the key Microsoft-OpenAI clause: OpenAI decides when it has reached AGI, “sufficient AGI” means $100B+ in profits, and Microsoft may not build AGI</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Steven Levy / </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=7fbf3f125e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">How AI is being used by patients and doctors alike for diagnoses and treatment recommendations, as experts warn of confident answers that are completely wrong</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ryan Flinn / </span><span class="pub_name">Wired</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=1ae90ce384&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Bilt Rewards, which offers rewards points for rent payments, raised $250M led by General Catalyst and GID at a $10.75B valuation, up from $3.1B in January 2024</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Paige Smith / </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=461adc468d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Virtru, which offers data security services to clients like the US DOD and Salesforce, raised a $50M Series D led by Iconiq Capital at a $500M valuation</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Allie Garfinkle / </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=adeb762742&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Delaware-based Airalo, which offers travelers eSIM roaming packages for a fixed price by connecting to local networks, raised $220M at a $1B+ valuation</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kelsey Warner / </span><span class="pub_name">Semafor</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=b57b5bd2f3&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Zerohash, which provides crypto and stablecoin infrastructure, is raising ~$100M at a ~$1B valuation, up from $340M when it raised a Series D in 2022</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=069dba67be&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Moment, which offers fixed income portfolio management software to financial institutions, raised a $36M Series B led by Index, taking its total funding to $56M</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">PYMNTS.com</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=9792122ddc&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Intel spins out RealSense, its AI robotics and biometric venture, and RealSense raised a $50M Series A from MediaTek Innovation Fund, Intel Capital, and others</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Samantha Subin / </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=d279ec6f6a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Tel Aviv- and NYC-based Datafy, which offers an autonomous cloud storage optimization service, raised a $20M seed led by Bessemer Venture Partners</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Mike Wheatley / </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;">
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=85e71fe43e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Justin Sun says he is buying another $100M worth of $TRUMP, doubling his total known stake of digital coins tied to President Trump</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">MacKenzie Sigalos / </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=641ba7f859&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Binance wrote the smart contract for USD1, a stablecoin launched by Trump's World Liberty, and promoted it to its 275M users, before CZ sought a pardon</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>
<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=f08b4e3f92&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">HMD says it will “scale back” US operations, citing “a challenging geopolitical and economic environment”, and appears to have stopped US sales of Nokia devices</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Dominic Preston / </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=df7b5f01f4&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Alibaba-backed Chinese AI startup Zhipu plans to raise ~$300M in a Hong Kong IPO, shifting its plans after initially filing IPO docs in mainland China</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>
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<span class="label" style="display: block;color: #686860;font-size: 12px;font-weight: bold;padding: 2px 0;">SPONSOR</span>
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=1f6df9be25&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Introducing Zia Hubs: An intelligent tool to extract information from raw enterprise data</a></span>
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<a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=11d17d771a&e=06cea4a9e4" style="text-decoration: none;">
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<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=b3cd2fc80c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: JPMorgan Chase told fintech companies it will start charging fees for access to customers' account data, which could drastically reshape the industry</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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<table class="leading_item" style="border-collapse: collapse;">
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=a04f5a1284&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">At the end of June, Australia quietly introduced rules forcing search engine companies such as Google and Microsoft to check the ages of logged-in users</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ange Lavoipierre / </span><span class="pub_name">ABC</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=da6c65717d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Medium CEO says the company has been profitable since August 2024 and details its financial turnaround after losing $2.6M per month in 2022</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Tony Stubblebine / </span><span class="pub_name">The Coach Life</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=bb1e2e1f00&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Jio Platforms debuts JioPC, a cloud PC service offered via its set-top box; Counterpoint: 70% of Indian households have a TV, but only 15% of them own a PC</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jagmeet Singh / </span><span class="pub_name">TechCrunch</span>)</span>
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