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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;">Intel CEO Lip-Bu Tan tells his employees the company is engaging with the Trump administration to address concerns about him and “ensure they have the</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=a7a039f1b0&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 style="color:#455;font-weight:bold;">Tomorrow's events: </span>
<span class="event"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=5801828ece&e=06cea4a9e4" style="text-decoration: none;color: #004860;">DEF CON (day 3)</a></span>
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top news
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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=a50d4e16fe&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Intel CEO Lip-Bu Tan tells his employees the company is engaging with the Trump administration to address concerns about him and “ensure they have the facts”</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Lip-Bu Tan / </span><span class="pub_name">Intel</span>)</span>
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<span class="excerpt">A message from Intel CEO Lip-Bu Tan to all company employees.</span>
<span class="cite">(Lip-Bu Tan / Intel)</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=49df3b2cdd&e=06cea4a9e4" style="text-decoration: none;color: black;">@berniemoreno:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=fdb45207d6&e=06cea4a9e4" style="text-decoration: none;color: black;">It's pretty obvious that @intel has failed to meet the commitments it made to the people of Ohio. Now we find out its new CEO is deeply conflicted with ties to the CCP. The CEO must immediately resign, the project completed, and a fraud investigation should be initiated by Ohio.</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=0c4454eed2&e=06cea4a9e4" style="text-decoration: none;color: black;">@patrickmoorhead:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=67d320c167&e=06cea4a9e4" style="text-decoration: none;color: black;">A very direct response from Lip Bu Tan last night. Biggest thing here to me is that he has board support right now. He reinforces that the US has been his home for 40 years and that he loves his country (good way to start), rejects the misinformation, and a reminder that Intel is working on the most advanced node of any U.S. based company. We're 24 hours in and this is just the start. The administration and Intel need to figure this out. From the foundry standpoint, the country needs this. For national security and competition.</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=a166d7a2b8&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">As Trump targets Intel CEO Lip-Bu Tan, a look at his VC firm Walden International, which has invested $5B+ in 600+ companies, with 100+ in China, including SMIC</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ian King / </span><span class="pub_name">Bloomberg</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=f250235758&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">With GPT-5's launch, OpenAI has removed its older models from the ChatGPT model selector for some users, sparking backlash from them</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Michael Kan / </span><span class="pub_name">PCMag</span>)</span>
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<span class="excerpt">‘They have completely ruined ChatGPT,’ one user complains. Some are even canceling their paid subscriptions to ChatGPT … </span>
<span class="cite">(Michael Kan / PCMag)</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=dd329564d4&e=06cea4a9e4" style="text-decoration: none;color: black;">@emollick:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=2954b3af65&e=06cea4a9e4" style="text-decoration: none;color: black;">Suddenly retiring every other model without warning was a weird move by OpenAI. ... and they did it without explaining how switching models worked or even details of various GPT-5 models ...and they did it when everyone has built workflows around older models, breaking them all.</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=cbe56ad2c5&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=a386fc597a&e=06cea4a9e4" style="text-decoration: none;color: black;">Wanted to provide more updates on the GPT-5 rollout and changes we are making heading into the weekend. 1. We for sure underestimated how much some of the things that people like in GPT-4o matter to them, even if GPT-5 performs better in most ways. 2. Users have very different opinions on the relative strength of GPT-4o vs GPT-5 (just the chat model, not the advanced reasoning one)</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=daa9734e89&e=06cea4a9e4" style="text-decoration: none;color: black;">@kevinroose:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=18fd572470&e=06cea4a9e4" style="text-decoration: none;color: black;">There's a fascinating tension between what AI labs are building (PhD-level agents that win math olympiads and refactor code bases) and what most people want out of AI (friendly helpers that are pretty smart and can do stuff and don't get a personality transplant every 6 months).</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=4bb0a02940&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">OpenAI says ChatGPT Pro users can select old models for now but plans to deprecate them in 60 days; Sam Altman says Plus users will be able to keep using GPT-4o</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Joanna Stern / </span><span class="pub_name">Joanna Stern's Newsletter</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=dabba567c0&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">President Trump orders regulators to investigate banks for “politicized or unlawful debanking”, echoing allegations from conservatives and the crypto industry</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Joel Khalili / </span><span class="pub_name">Wired</span>)</span>
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<span class="excerpt">In a new executive order, the US president has called on federal regulators … </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=7e008227f1&e=06cea4a9e4" style="text-decoration: none;color: black;">@repandybarr:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d7e67ee703&e=06cea4a9e4" style="text-decoration: none;color: black;">Today, I've introduced legislation codifying President Trump's Executive Order protecting Americans from politicized debanking. No American, no Christian organization, no business should be debanked because of their politics. [video]</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=f13f0f86e3&e=06cea4a9e4" style="text-decoration: none;color: black;">@econwithnick:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e6ebba8853&e=06cea4a9e4" style="text-decoration: none;color: black;">“So while I think the Trump administration's focus on debanking is warranted, care should be taken to ensure that the government is not coercively imposing requirements on the banks themselves. The focus should turn to the real culprit - unaccountable regulators.” - @nic__carter</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=c7d83560b6&e=06cea4a9e4" style="text-decoration: none;color: black;">@ramblingsnerd:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=a7ca76f3d2&e=06cea4a9e4" style="text-decoration: none;color: black;">This is only starting to make its way here, but looks like US President Trump's Anti-Debanking executive order has been signed. While cynics would downplay it as “merely” covering banking services and only Americans, the ripple effects on payment processors as a whole are big. [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=504c6f7658&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: the US has started issuing licenses to Nvidia to export H20 chips to China following weeks of inaction, after Jensen Huang met Trump on Wednesday</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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<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=8e835aaedd&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Apple says Apple Intelligence will use OpenAI's GPT-5 on iOS 26, iPadOS 26, and macOS Tahoe 26, with the software updates expected to arrive in September</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Zac Hall / </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=a67ccc5a79&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Marc Andreessen complained to the UK government last week about the Online Safety Act and called for a reprimand of technology secretary Peter Kyle</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=a06148da1d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: TBD Lab, a team under Meta Superintelligence Labs that houses many researchers poached from rival labs, is spearheading work on Llama's newest version</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Meghan Bobrowsky / </span><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=4b4f08c842&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Ripple and the SEC agree to dismiss their court appeals, ending a lawsuit but leaving a judge's injunction on XRP sales to institutions and a $125M fine intact</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jonathan Stempel / </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=87cc50d030&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Microsoft will phase out its Lens scanner app, launched in 2014 as Office Lens, starting in September; users can create new scans in the app only until December</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Rishaj Upadhyay / </span><span class="pub_name">Windows Report</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=74c68aed1a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">During its GPT-5 livestream, OpenAI showed two charts that had scales all over the place, with Sam Altman later calling one “a mega chart screwup from us”</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jay Peters / </span><span class="pub_name">The Verge</span>)</span>
</td>
</tr>
</table>
<table class="clustered_items" style="border-collapse: collapse;">
<tr><td style="padding:0px 10px 0 32px;">
<ul style="padding:0px 10px 0px 0px;">
<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=2cfbfb74df&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">GPT-5's system card says gpt-5-thinking has a hallucination rate of 4.5% with browsing enabled, compared to gpt-5-main's 9.6%, GPT-4o's 12.9%, and o3's 12.7%</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Cecily Mauran / </span><span class="pub_name">Mashable</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=03413717f9&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Google is testing an AI-powered Google Finance website in the US, letting users ask questions, access advanced charting tools, view a live news feed, and more</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Aisha Malik / </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=c00a4f74ba&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">An analysis of 96K public ChatGPT transcripts finds 100+ lengthy chats, of which dozens exhibited delusional traits where ChatGPT reinforced users' false claims</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=d4a387ffec&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sam Altman says OpenAI should prioritize growth and its investments in training and compute “for a long time”, even if it delays its path to profitability</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>
</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=a17f05b1b0&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">A look at the impact of AI voice cloning on India's dubbing and voiceover sector, as artists demand consent, credit, and fair pay amid a lack of laws for AI use</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Zico Ghosh / </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=8e7d5c00dd&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The Browser Company launches a $20-per-month Dia Pro subscription plan that provides unlimited access to the web browser's AI-powered chat and skills features</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>
</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=c745c3446d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Two tech groups are backing Anthropic's appeal of a court ruling allowing a copyright class action, saying potential big settlements could chill AI investment</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ashley Belanger / </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;">
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=acfe426867&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: China told local brokers and think tanks to stop promoting stablecoins by publishing research or holding seminars, aiming to prevent market instability</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=e11cab088d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Coinbase rolls out DEX trading in its app for US users, excluding New York state, starting with assets on the Base network, with Solana support “coming soon”</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Mat Di Salvo / </span><span class="pub_name">Decrypt</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
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<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;">
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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=8f0e78a9d2&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Decart, which offers real-time generative video and GPU optimization tech to cloud providers and AI companies, raised a $100M Series B at a $3.1B valuation</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Duncan Riley / </span><span class="pub_name">SiliconANGLE</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=85a08da9a3&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Capacity, which uses AI to automate contact center support, raised $92.6M, including a $42.6M Series D and $50M in debt, bringing its total raised to $155M+</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kay Aloha Villamor / </span><span class="pub_name">The SaaS News</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
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<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;">
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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=3245bce8ec&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: SoftBank purchased Foxconn's EV plant in Ohio for $375M, a move aimed at kickstarting its $500B Stargate data center project with OpenAI and Oracle</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;">
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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=29fd62a03f&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Trade Desk's stock drops 35%+ after the company's latest earnings and projections heightened concerns about its growth prospects amid Amazon's ad-tech threat</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ryan Vlastelica / </span><span class="pub_name">Bloomberg</span>)</span>
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</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=f0ac3ee2a6&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=ba488fdaf7&e=06cea4a9e4" style="text-decoration: none;">
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=dd46a8bc08&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Twilio Q2: revenue up 13% YoY to $1.23B, vs. $1.19B est., active customer accounts up 10% YoY to 349K+, and Q3 earnings forecast below est.; TWLO falls 15%+</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Brandon Evans / </span><span class="pub_name">Seeking Alpha</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;">
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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=e1490036ed&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Leaked spreadsheets, Slack messages, and files linked to an alleged group of North Korean IT scammers show how they track potential jobs and record earnings</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Matt Burgess / </span><span class="pub_name">Wired</span>)</span>
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<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
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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=4aa522b863&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Analysis: 12 Chinese tech companies have applied to list in Hong Kong so far this year, the most since 2023, after rules allowed lossmaking companies to float</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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<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=3db0f2cbf4&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Bit Digital-owned AI infrastructure company WhiteFiber closed down 4.59% in its Nasdaq debut, after raising $159.4M in an IPO, valuing the company at $619M</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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<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=afa97ef732&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Silver Lake unveils a $400M project to secure powered land for data center developers; it has secured 3GW of power and is developing sites in Texas and Georgia</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Isabelle Bousquette / </span><span class="pub_name">Wall Street Journal</span>)</span>
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</tr>
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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;">
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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=8565e2d13e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Meta picks Pimco and Blue Owl to lead a $29B financing for its Louisiana data center expansion, providing $26B in debt and $3B in equity, respectively</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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<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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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=54dba1dfcc&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">OpenStore is scaling back its e-commerce aggregation, closing nearly all its 40+ Shopify stores it acquired and rebranding under its Jack Archer menswear label</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Annie Palmer / </span><span class="pub_name">CNBC</span>)</span>
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