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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;">Nvidia's and OpenAI's wave of deals is escalating concerns that the $1T+ AI boom is being artificially propped up by interconnected business transacti</span><!--<![endif]-->
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<td class="page_date" style="vertical-align:middle;text-align:right;color:#004860;font-weight:700;padding-right:10px">Wed, Oct 8</td>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=8a85aa500b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Reimagine your photos with a prompt</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=c4b93c1572&e=06cea4a9e4" style="text-decoration: none;color: #004860;">SF Tech Week (day 4)</a>, </span>
<span class="event"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=48ea443f37&e=06cea4a9e4" style="text-decoration: none;color: #004860;">HYBRID: Atlassian Team '25 Europe (day 3)</a>, </span>
<span class="event"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=98e5043c3a&e=06cea4a9e4" style="text-decoration: none;color: #004860;">Elevate Festival (day 3)</a>, </span>
<span class="event"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=fd2560660e&e=06cea4a9e4" style="text-decoration: none;color: #004860;">Masters of Scale Summit (day 3)</a>, </span>
<span class="event"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d3652ba52d&e=06cea4a9e4" style="text-decoration: none;color: #004860;">LWTSummit @TechFutures (day 3)</a>, </span>
<span class="event"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=b289646607&e=06cea4a9e4" style="text-decoration: none;color: #004860;">Bloomberg Screentime (day 2)</a></span>
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top news
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<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_story first_in_section big_story">
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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=a0ff661be1&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Nvidia's and OpenAI's wave of deals is escalating concerns that the $1T+ AI boom is being artificially propped up by interconnected business transactions</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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<img src="https://www.techmeme.com/251008/i8.jpg">
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<span class="excerpt">A wave of deals and partnerships are escalating concerns that the trillion-dollar AI boom … </span>
<span class="cite">(Bloomberg)</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=78331534b0&e=06cea4a9e4" style="text-decoration: none;color: black;">@jaguaranalytics:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e836ad3275&e=06cea4a9e4" style="text-decoration: none;color: black;">“Web of circular deals” — I scratch your back, you scratch mine. [image]</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=2e13f6d96f&e=06cea4a9e4" style="text-decoration: none;color: black;">@peter_atwater:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=db9ece3b45&e=06cea4a9e4" style="text-decoration: none;color: black;">With each passing day, the AI space looks more and more like home mortgage securitization at the peak of the housing bubble with its overlapping series of capital conveyor belts. [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=213990d15a&e=06cea4a9e4" style="text-decoration: none;color: black;">@mattzeitlin:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=264330d9d7&e=06cea4a9e4" style="text-decoration: none;color: black;">i'm happy that these chips and equity deals are getting more and more financialized and bespoke, the software engineers and EPCs have gotten too much of the AI boom, the structured finance guys need to eat as well</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=43fb45fe9d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Jensen Huang says AMD offering a 10% stake to OpenAI is “imaginative” and “surprising” considering that AMD was “so excited about” its next-generation chip</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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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=3215526746&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Open letter: 40+ European companies oppose the EU's “Chat Control” proposal, which would force services to scan messages for CSAM, fearing a backdoor mandate</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">CryptPad Blog</span>)</span>
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<span class="excerpt">Today we are adding our signature (and that of our parent company XWiki SAS) … </span>
<span class="cite">(CryptPad Blog)</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=0e46466bb6&e=06cea4a9e4" style="text-decoration: none;color: black;">@signalapp:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=7e86c8b307&e=06cea4a9e4" style="text-decoration: none;color: black;">We are alarmed by reports that Germany is on the verge of a catastrophic about-face, reversing its longstanding and principled opposition to the EU's Chat Control proposal which, if passed, could spell the end of the right to privacy in Europe. </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=ab183414bc&e=06cea4a9e4" style="text-decoration: none;color: black;">@globalaffairs:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=88dbac7d74&e=06cea4a9e4" style="text-decoration: none;color: black;">The Revival of Chat Control in the EU CSAM proposal: A Dangerous Measure! First proposed in 2022 as “Chat Control,” the provision has been slammed as one of the most criticized EU proposals ever. Denmark's push to revive this measure is extremely concerning. But what is more alarming is the apparent shift by many Member States, including France, to support this measure</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=aee725b97d&e=06cea4a9e4" style="text-decoration: none;color: black;">@wcathcart:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=971200c6b7&e=06cea4a9e4" style="text-decoration: none;color: black;">The current EU presidency proposal that leaked today would do away with end-to-end encryption as we know it, leading to a major compromise of people's privacy. We urge everyone working on this issue to reject the latest proposal and stand up for people's privacy.</a>
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<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=b3b94dbc33&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">A website set up by a Danish software developer floods EU lawmakers with emails opposing planned EU “Chat Control” law to fight CSAM by scanning encrypted apps</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Sam Clark / </span><span class="pub_name">Politico</span>)</span>
</li>
<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=ab09fc21c3&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">German officials say they will vote against the EU's “Chat Control” proposal, signaling the bloc will not have enough support to pass the measure on October 14</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Suzanne Smalley / </span><span class="pub_name">The Record</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=c8a7df658c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Google Pixel 10 Pro Fold review: nice display and most AI features run on device, but cameras are a step down from other Pro Pixels, Tensor G5 shows small gains</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ryan Whitwam / </span><span class="pub_name">Ars Technica</span>)</span>
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<span class="excerpt">Google delivers another phone that is slightly better than its predecessor—is that enough?</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=a50faffd11&e=06cea4a9e4" style="text-decoration: none;color: black;">@raywongy:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d1d518cad7&e=06cea4a9e4" style="text-decoration: none;color: black;">IDK what's going on with the Pixel 10 Pro Fold camera, but I feel like images are not crispy (outdoors or low-light) and details look soft. Image processing feels like it's regressed compared to Pixel 9/8 series. I'm not even the only person who's noticed this. Our social editor, who bought a Pixel 10 Pro and used to own Pixel 9 Pro, also agrees that the image quality of the PIxel 10 series is... worse?</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=b27bd5fefb&e=06cea4a9e4" style="text-decoration: none;color: black;">@tomsguide:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c2fdfc3b17&e=06cea4a9e4" style="text-decoration: none;color: black;">The Google Pixel 10 Pro Fold is a versatile foldable phone with impressively vibrant displays, a durable design and better battery life than the Samsung Galaxy Z Fold 7 for $200 less. Too bad the Pixel is so thick and heavy. </a>
</div>
<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=d838fa8875&e=06cea4a9e4" style="text-decoration: none;color: black;">@cnet:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=3ff8399eef&e=06cea4a9e4" style="text-decoration: none;color: black;">Instead of slimming down the Pixel 10 Pro Fold to match competitors like Samsung, Google focused on extending battery life, adding dust resistance and keeping that $1,799 price. It pays off. [video]</a>
</div>
</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=243943d83d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Google Pixel Watch 4 review: a significant leap in Google's smartwatch lineup with a nice domed display, but Gemini is unreliable, and GPS maps are still wonky</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Victoria Song / </span><span class="pub_name">The Verge</span>)</span>
</li>
<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=28667ff7ef&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Google Pixel Buds 2a review: ANC is a welcome addition and sound is detailed and punchy, but there's still no wireless charging and voice performance suffers</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Billy Steele / </span><span class="pub_name">Engadget</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=22059a1a1c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Apple has removed Eyes Up, which archives video evidence of ICE abuses, from the App Store; unlike ICEBlock, it doesn't share ICE officers' real-time locations</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Joseph Cox / </span><span class="pub_name">404 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;">
<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=4748302f5b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Filing: Elon Musk and X settle a lawsuit by former Twitter CEO Parag Agrawal, Chief Legal Officer Vijaya Gadde, and others over $128M+ in unpaid 2024 severance</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jess Weatherbed / </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=9cc67a5225&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: OpenAI and Anthropic consider using investor funds to settle potential claims from multibillion-dollar lawsuits, as insurers balk at covering AI risks</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=808f0fc722&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">SoftBank Group agrees to acquire ABB's robotics business, which generated $2.3B in sales in 2024, for $5.4B; ABB expects the deal to close in mid-to-late 2026</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">John Revill / </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=bab72b15b3&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Amazon announces Amazon Pharmacy kiosks to quickly dispense medications to patients after an appointment, initially rolling out in its One Medical offices in LA</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kurt Schlosser / </span><span class="pub_name">GeekWire</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;">
Regulation
</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=b038b6140d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Germany's Federal Cartel Office opens an investigation into whether Temu is influencing the pricing of third-party merchants, potentially stifling competition</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Mark Hallam / </span><span class="pub_name">DW 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=8779a51ba1&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The European Commission outlines its Apply AI Strategy and AI in Science Strategy, aiming to speed up AI adoption in key industries and boost AI-driven research</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Edith Hancock / </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=ddf082cbd2&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">US House lawmakers criticize ASML, Tokyo Electron, KLA, and other equipment makers for selling to the Chinese military and helping build China's chip industry</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Dasha Afanasieva / </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;">
Social Networks
</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=7496897d7e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">An analysis of 1,100 TikTok users' watch histories across six months in 2024 shows just how effective TikTok is at getting even its heaviest users to watch more</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Washington Post</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=8bb406993b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">An interview with Evan Prodromou, the “inventor of the Fediverse”, on ActivityPub's origins, Mastodon's privacy focus, expanding beyond microblogging, and more</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Matthias Pfefferle / </span><span class="pub_name">Open Channels FM</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=67d099346b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">China's Cyberspace Administration began a two-month campaign in late September to fight “excessively pessimistic sentiment” and defeatist ideas on social media</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Lily Kuo / </span><span class="pub_name">New York Times</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;">
Data Centers
</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=9c2e85fd1e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Harvard economist Jason Furman estimates that investments in data centers and information-processing software accounted for 92% of the US' GDP growth in H1 2025</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Nick Lichtenberg / </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=e022702e88&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Researchers are developing ways to use synthetic diamonds to cool AI data center chips; De Beers-owned Element Six has long made diamonds for satellite chips</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Amos Zeeberg / </span><span class="pub_name">New York Times</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=ac695c0f24&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Q&A with Sam Altman on OpenAI's unifying vision, infrastructure deals, the investor mindset, ChatGPT apps, Instant Checkout, Sora, copyright, feedback, and more</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ben Thompson / </span><span class="pub_name">Stratechery</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=90b93880c0&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">An overview of detailed AI usage reports from OpenAI and others, as Microsoft's AI for Good Lab estimates that 15% of the world's working population is using AI</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=35da477c8b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">A profile of Josh Wallace Kerrigan, also known as Neural Viz, a creator using Midjourney, Flux, Runway, and other AI tools to create a sci-fi cinematic universe</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Christopher Beam / </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;">
Litigation
</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=05bf8aca48&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Meta and Apple are close to settling two EU antitrust cases and agreeing to a deal to change their business practices after a total €700M in DMA fines</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Barbara Moens / </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=fc11a0e337&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">New York City sues Meta, Alphabet, Snap, and ByteDance, accusing them of fueling a mental health crisis among children by addicting them to social media</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>
<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=58c821a0c5&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: $TRUMP issuer Fight Fight Fight LLC is working to raise $200M to $1B to create a digital asset treasury company to accumulate the struggling token</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=d5bc5481f4&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Crypto exchange Gemini launches an Australian arm, Gemini Intergalactic Australia, to offer its services in the country after registering with regulator AUSTRAC</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>
<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=cedf66f63f&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Raise Financial Services, the parent company of Indian stock trading and investment app Dhan, raised $120M led by Hornbill Capital at a $1.2B valuation</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kunal Manchanada / </span><span class="pub_name">Entrackr</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=db8228e612&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">David AI, which sells audio data sets for AI training, raised a $50M Series B, sources say at a $500M valuation, up from ~$100M from its $25M Series A in May</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Shirin Ghaffary / </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=beb3176324&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Snappr, a visual content platform and a marketplace for professional photographers and editors, raised a $28M Series B led by Foundry and expands to Europe</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kerry Flynn / </span><span class="pub_name">Axios</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=932b66bf22&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Chicago-based stablecoin payments startup Coinflow raised a $25M Series A led by Pantera and says it supports stablecoin-powered payments in 170+ countries</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">CoinDesk</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=9d60e69cb3&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Relace, which makes tools and specialized language models to help AI agents code faster for customers like Lovable and Figma, raised a $23M Series A led by a16z</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Stephanie Palazzolo / </span><span class="pub_name">The Information</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=1e6f643d40&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">New York-based Crosby, a law firm that uses AI to help speed up the contracts process, raised a $20M Series A co-led by Index Ventures, BCV, and Elad Gil</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>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=234d375e6b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Verizon signs a commercial agreement with AST SpaceMobile to offer satellite-to-phone connectivity in cellular dead zones starting in 2026; ASTS closes up 8.6%</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="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=24e9ab8951&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Verizon agrees to buy Starry, which provides home internet via millimeter wave tech to ~100K customers and filed for bankruptcy in 2023, for an undisclosed sum</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Masha Abarinova / </span><span class="pub_name">Fierce Network</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=5671987978&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Microsoft delays last week's 50% price hike for existing Xbox Game Pass Ultimate subscribers in Germany, Ireland, South Korea, Poland, India, and other markets</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Tom Warren / </span><span class="pub_name">The Verge</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=a8c27f70e5&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Polymarket CEO Shayne Coplan says the startup raised two undisclosed rounds: $55M at a $350M valuation in 2024 and $150M at a $1.2B valuation earlier in 2025</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Naga Avan-Nomayo / </span><span class="pub_name">The Block</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=70da0ef5ab&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">A survey of US parents: 90% say their kids aged 12 or younger watch TV, 68% use a tablet, 61% use a smartphone, 50% use a gaming device, and 8% use a chatbot</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Pew Research Center</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=861d7a695f&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">UK filings: Revolut CEO and largest shareholder Nik Storonsky has changed his residency from the UK to the UAE; Revolut is awaiting a full UK banking license</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">
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e0294f00d3&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Russian-speaking ransomware gang Qilin claims responsibility for attacking Japan-based Asahi and stealing ~27GB of data, including financial docs and contracts</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=3f9ce7e6d0&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The Linux Foundation plans to form the React Foundation, a new home for Meta's React and React Native; its board will include Amazon, Expo, Meta, and Microsoft</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Engineering at Meta</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=111ebf1ab8&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: data streaming software maker Confluent is exploring a sale after attracting acquisition interest from PE firms and tech companies; CFLT jumps 9%+</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Milana Vinn / </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">
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ebf7e0ff5e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Prosecutors say the evidence against a man accused of starting what became the Pacific Palisades fire includes a ChatGPT-generated image of a burning city</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Los Angeles Times</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e693ae3aa7&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Cisco unveils the Silicon One P200 chip and 8223 routing systems, saying they allow faster data transfers across long optic cables, growing its Broadcom rivalry</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Dina Bass / </span><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=70579cf502&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: top Chinese VCs are close to raising up to $1.1B in total USD-denominated funds in 2025, marking a tentative return of global capital to Chinese tech</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Financial Times</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=efe67e82a8&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Chinese silicon wafer manufacturers like Eswin have rapidly gained market share by undercutting the prices of global leaders from Japan, Taiwan, and South Korea</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Nikkei Asia</span>)</span>
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