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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;">Microsoft says it “has observed two named Chinese nation-state actors, Linen Typhoon and Violet Typhoon exploiting” the SharePoint zero-day vulnerabil</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=64603c9fca&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="event"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=8b1219ac4b&e=06cea4a9e4" style="text-decoration: none;color: #004860;">Earnings: GOOG, IBM</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=a316c1f800&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Microsoft says it “has observed two named Chinese nation-state actors, Linen Typhoon and Violet Typhoon exploiting” the SharePoint zero-day vulnerabilities</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Sergiu Gatlan / </span><span class="pub_name">BleepingComputer</span>)</span>
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<span class="excerpt">Several hacking groups with ties to the Chinese government have been linked … </span>
<span class="cite">(Sergiu Gatlan / BleepingComputer)</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=12ade5c4c4&e=06cea4a9e4" style="text-decoration: none;color: black;">@cglyer:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=db94a87bce&e=06cea4a9e4" style="text-decoration: none;color: black;">You can find Microsoft's mapping of the most common threat actors at Violet Typhoon =~ APT31 & Judgement Panda Linen Typhoon =~ APT27 & Emissary Panda & Red Phoenix & Lucky Mouse (it also lists Wekby2 - which feels like a blast from the past 🙃)</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=9d472e4cf0&e=06cea4a9e4" style="text-decoration: none;color: black;">@msftsecintel:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=09fef075f3&e=06cea4a9e4" style="text-decoration: none;color: black;">Microsoft is sharing details from ongoing investigations of threat actors exploiting vulnerabilities targeting on-premises SharePoint servers. Linen Typhoon, Violet Typhoon, and Storm-2603 have been observed exploiting the vulnerabilities: </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=01d1f633ce&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Researchers say hackers linked to the Chinese government were behind at least some of the recent widespread attacks using the SharePoint RCE vulnerability</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Washington Post</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=5af4c3217d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">OpenAI and Oracle unveil plans to develop 4.5GW of additional US data center capacity in an expanded partnership, hitting 5GW in total and running 2M AI chips</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">OpenAI and Oracle Corp. announced they will develop 4.5 gigawatts … </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=90e476b0c0&e=06cea4a9e4" style="text-decoration: none;color: black;">@sama:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=a60a9c1268&e=06cea4a9e4" style="text-decoration: none;color: black;">we have signed a deal for an additional 4.5 gigawatts of capacity with oracle as part of stargate. easy to throw around numbers, but this is a _gigantic_ infrastructure project. some progress photos from abilene: [image]</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=ba12be8bca&e=06cea4a9e4" style="text-decoration: none;color: black;">@kazanjy:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=60d0b00d44&e=06cea4a9e4" style="text-decoration: none;color: black;">Larry Ellison is the man. Oracle is the only hyper scaler that is unlikely to have a dog in the fight at the model level. OpenAI doesn't want to fire cash at Google, AWS, or Microsoft any more than they have to.</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=d6f1fc5c98&e=06cea4a9e4" style="text-decoration: none;color: black;">@2024dion:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=1a2fb9aa51&e=06cea4a9e4" style="text-decoration: none;color: black;">Construction photo of OpenAI's Abilene, TX stargate site, one of the largest single-site compute clusters in the world. At buildout it will reach 1.2GW of continuous power draw; energy mix is wind from ERCOT + onsite gas generation. [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=1c2176e554&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Source: OpenAI's $40B round announced in March is reopening on July 28; SoftBank's commitment could be cut to $10B if OpenAI does not restructure by end of 2025</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Lauren Goode / </span><span class="pub_name">Wired</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=3a5a3dfc12&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Leaked memo: Dario Amodei told staff Anthropic plans to seek UAE and Qatar funding, likely enriching “dictators”, and says a “no bad person” rule is impractical</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kylie Robison / </span><span class="pub_name">Wired</span>)</span>
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<span class="excerpt">“Unfortunately, I think 'No bad person should ever benefit … </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=b385d2076c&e=06cea4a9e4" style="text-decoration: none;color: black;">@davidsacks:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=294fec67c4&e=06cea4a9e4" style="text-decoration: none;color: black;">Anthropic criticized President Trump's AI investments deals with the Middle East, but now it seeks investment from those very same countries. Perhaps it now realizes the absurdity of refusing to do business with the Gulf States. All we will do is push them into the arms of China.</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=e95a0a022e&e=06cea4a9e4" style="text-decoration: none;color: black;">@emostaque:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d93d07e7dd&e=06cea4a9e4" style="text-decoration: none;color: black;">I think history would have been different if OpenAI had actually done a coin sale tbh (especially if they did it “right") A Bitcoin style protocol with the highest dollar demand per GPUs building aligned AIs to benefit humanity is the optimal structure.</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=fea40340c3&e=06cea4a9e4" style="text-decoration: none;color: black;">@ns123abc:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=bd8c2fcb84&e=06cea4a9e4" style="text-decoration: none;color: black;">> be Dario > talk about “Machines of Loving Grace” > “Democracies need to set the terms for AI to avoid being overpowered by authoritarians and to prevent human rights abuses within authoritarian countries.” 9 months later: *Anthropic seeks billions in investment from the UAE [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=7a85ba3534&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">OpenAI and the UK government announce a partnership to explore AI use in justice, defense, security, and edtech, and possibly expand OpenAI's London office</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Reuters</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=493251334d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: the EU is set to approve Apple's App Store rule and fee changes, unveiled last month, in the coming weeks, staving off a potentially hefty daily fine</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>
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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=7112989033&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Amazon is acquiring Bee, which sells a $50 device that resembles a Fitbit, is always listening, transcribes conversations, and serves up daily AI summaries</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Emma Roth / </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=d55dc5240c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Microsoft has poached 24+ employees from Google DeepMind in the past six months; Gemini engineering head Amar Subramanya confirms the move to Microsoft</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Financial 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=c038955e9c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Apple's AI model team wanted to release several models as open source but Craig Federighi disagreed, largely concerned about public perception issues</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">The Information</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=0ee0f0af17&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: after raising $10B, xAI is now working with a trusted financier to secure up to $12B to buy Nvidia chips, led by Elon Musk-linked Valor Equity Partners</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Wall Street Journal</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=cbcb2c5f89&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">AMD and Stability AI launch the industry's first Stable Diffusion 3.0 Medium AI model optimized for AMD's XDNA 2 NPUs, designed to run locally on Ryzen laptops</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Anton Shilov / </span><span class="pub_name">Tom's Hardware</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=89b99e7a4f&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Seoul-based chip designer FuriosaAI signs a deal with LG to use its AI chip RNGD, its first major contract, after rejecting Meta's $800M buyout offer in March</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Yoolim Lee / </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=500c814b2e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Google is seeking to recruit news organizations for a new licensing project related to AI, and plans to launch a pilot initially with ~20 US outlets</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=65102625b8&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Alibaba debuts the Qwen3-Coder model for agentic coding, including a 480B-parameter MoE variant, and open sources Qwen Code, a CLI tool adapted from Gemini CLI</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Qwen</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=12be9f6b5c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: dozens of xAI staff voiced concerns over a program granting xAI “perpetual” access to data like their “likeness” for training; several did not consent</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Grace Kay / </span><span class="pub_name">Business Insider</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=5c7cc997e7&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">While AI hasn't yet led to new physics discoveries, the tech is proving powerful in the field, aiding in experiment design and spotting patterns in complex data</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Anil Ananthaswamy / </span><span class="pub_name">Quanta Magazine</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=e817612c5b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Nvidia rival Hailo announced the general availability of its second-generation AI accelerator chip, the Hailo-10H, with HP among its early adopters</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Dylan Martin / </span><span class="pub_name">CRN</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=afbef5281b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Google, Amazon, Cohere, and Mistral are intensifying efforts to reduce AI hallucinations via technical fixes, data quality improvements, and fact-checking</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Melissa Heikkilä / </span><span class="pub_name">Financial 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=5ff5403a9e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Survey of 900 US Google users: of ~69K searches, 18% gave AI Overviews; on those searches users clicked a result link 8% of the time, vs. 15% with no AI summary</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Pew Research Center</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=04fd71b01b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Mistral releases a study on the environmental impact of its LLMs, conducting what it claims is the first comprehensive lifecycle analysis of an AI model</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Mistral AI</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=07d9035062&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">UMG has partnered with IP asset management company Liquidax Capital to “accelerate the development of UMG's music-related AI patents”, already filing 15</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ethan Millman / </span><span class="pub_name">The Hollywood Reporter</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=7aba78baac&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Multinational firms like McDonald's and UK insurer Bupa, struggling to hire AI talent at home, are turning to back offices in India to meet their core AI needs</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Financial 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=d81c49627f&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Businesses and households served by PJM, the US' largest power grid operator, will pay a record $16.1B for electricity supplies amid an AI-driven demand surge</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Naureen S Malik / </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;">
earnings
</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=9f974e46c4&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Texas Instruments reports Q2 revenue up 16% YoY to $4.45B, vs. $4.36B est., net income of $1.3B, and forecasts Q3 profit below est.; TXN drops 10%+ after hours</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Arsheeya Bajwa / </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=5de5f3eacd&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">SAP reports Q2 revenue up 9% YoY to €9.03B, vs. €9.05B est., cloud revenue up 24% to €5.13B, vs. €5.15B est., operating profit up 32% to €2.57B, vs. €2.43B est.</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kelly Cloonan / </span><span class="pub_name">Wall Street Journal</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=4ec904a645&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Filing: the FBI drops its probe of Kraken founder Jesse Powell and returns dozens of devices, after raiding his home in 2023 over seemingly banal allegations</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jeff John Roberts / </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=447137a22e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Telegram expands access to its TON crypto wallet, integrated into the Telegram app, for its 87M users in the US</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Amanda Silberling / </span><span class="pub_name">TechCrunch</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;">
infosec
</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=12e96ef67a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The UK plans to ban public sector and key infrastructure orgs from paying ransoms to ransomware attackers, require others to notify the UK if they plan to pay</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Sergiu Gatlan / </span><span class="pub_name">BleepingComputer</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=96864d7e08&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Miaan Group: a number of Iranians received spyware threat alerts from Apple in H1 2025 in the months prior to the Iran-Israel war, the first such cases in Iran</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Patrick Howell O'Neill / </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=bab644e80f&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Ashby, which offers an AI-powered talent platform combining applications, CRM, search, and more, raised a $50M Series D, following a $30M Series C in 2024</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Judy Rider / </span><span class="pub_name">Crunchbase News</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=00f3f6443b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Reka AI, which aims to make more efficient LLMs, raised $110M from Nvidia, Snowflake, and others at a $1B+ valuation, up from ~$300M in 2023, per PitchBook</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Brunella Tipismana Urbano / </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=ad72c6c1ab&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">AI compliance startup Delve raised a $32M Series A at a $300M valuation led by Insight Partners with participation from CISOs at Fortune 500 companies</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Tage Kene-Okafor / </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=956f246fb1&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">UK startup Inforcer, which helps SMBs automate and manage Microsoft 365, security, and more, raised a $35M Series B, a source says at a $200M+ valuation</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Alex Konrad / </span><span class="pub_name">Upstarts Media</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;">
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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=e6be9ab378&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Philadelphia-based Asylon, which modifies Boston Dynamics' robot dog Spot into DroneDog, raised a $26M Series B led by Insight, taking its total funding to $45M</a></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=e41e1dbeab&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Lumotive, whose optical chip tech can “steer” laser light and is an alternative to lidar, extends its Series B from $45M to $59M, including from Amazon's IIF</a></span>
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