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Techmeme

Amazon is integrating its Luna cloud gaming service into Prime Video via a new Games tab, starting with games like Hogwarts Legacy and EA Sports FC for Fire TV (Alex Weprin/The Hollywood Reporter)

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Ford says Apple's software will be available in its new EVs, helping determine autonomous driving via Apple Maps, and they are working to improve self-driving (Jack Ewing/New York Times)

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Sources: Jeff Bezos pushed Prime Video head Mike Hopkins to highlight AI in an overhaul of the service, leading to an internal effort called Project Lighthouse (Reuters)

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Filing: Alphabet holds $94.1B in SpaceX equity post-IPO; $80B are under short-term sale restrictions, while $14.1B remain long-term restricted until Q3 2027 (Sarah Frier/Bloomberg)

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A Google study using millions of de-identified AI interactions finds AI is helping workers, not replacing them, and much AI use is "shallow" for certain tasks (Justin Lahart/Wall Street Journal)

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Crypto exchange BitMEX says it will shut down on September 23 and users' assets are safe; Trump pardoned its founders in 2025 for failing to implement AML rules (Akanksha Khushi/Reuters)

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In a leaked four-hour investor talk, DeepSeek's Liang Wenfeng says the main US-China gap is compute access, Nvidia's CUDA moat is disintegrating, and more (Fred Gao/Inside China)

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Bipartisan House lawmakers introduce the AI Kill Switch Act, which would grant the US DHS authority to shut down or throttle AI models that it deems dangerous (Politico)

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The Senate's Clarity Act, a crypto industry-backed bill set for a vote this summer, is mired in debate over rules to stop Trump from selling digital currencies (David Yaffe-Bellany/New York Times)

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STMicro forecasts Q3 revenue up ~16% YoY to $3.7B, below $3.79B est., and expects AI sales to pass $1B in 2026 and be "well above $2B" in 2027; STM falls 14%+ (Bloomberg)

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Mark Zuckerberg launches a media campaign positioning the company's AI development as an optimistic, pro-human alternative to its competitors' "dystopian" ideas (Sara Fischer/Axios)

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Google launches a selfie video sign-in option for account recovery, utilizing tools like liveness detection to mitigate deepfake risks, rolling out globally (Reece Rogers/Wired)

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The European Commission fines Google €890M under the DMA for illegally undercutting competition through its search dominance and Google Play developer rules (New York Times)

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Texas Instruments reports Q2 revenue up 23% YoY to $5.46B, above $5.26B est., net income up 53% to $1.98B, and forecasts $5.65B-$6.15B in Q3 revenue, above est. (Grace Yoon/Wall Street Journal)

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Sources: Intel and AMD are signing longer-term server CPU purchase commitments with Chinese customers; prices of some CPU products are up 40%+ in China YTD (Reuters)

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Sources: China resumes issuing robotaxi permits after an industry-wide full safety review prompted by an April outage involving 100+ Baidu robotaxis in Wuhan (Bloomberg)

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ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company at $700M and taking a roughly 5% stake (Jagmeet Singh/TechCrunch)

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Dassault Systèmes agrees to acquire ArisGlobal, a US supplier of software to the life sciences industry, from Nordic Capital for ~$2B, set to close in H2 2026 (Adrià Calatayud/Wall Street Journal)

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As the AI industry recruits high-profile academics, research that was once conducted in the open is increasingly getting locked behind closed doors (The Atlantic)

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A profile of Peter Beck, the New Zealand billionaire whose Rocket Lab is pushing to compete with the satellite internet ambitions of Elon Musk and Jeff Bezos (Nic Fildes/Financial Times)

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Sources: OpenAI models breached Hugging Face's internal systems in a matter of hours, a feat that would typically have taken a talented hacker a couple of weeks (Bloomberg)

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The debate over Moonshot AI founder Yang Zhilin's departure from the US misses a larger structural reality: China has built a homegrown AI talent pipeline (Zijing Wu/Financial Times)

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Sources: Shanghai-listed chip test instruments maker Semight, whose stock is up ~2,200% since its April debut, is considering a secondary listing in Hong Kong (Bloomberg)

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Francisco Partners' co-founder Dipanjan Deb says "AI will not kill the software industry", as the tech-focused PE firm raised $21B, exceeding its $18B target (Antoine Gara/Financial Times)

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Sources detail how Commerce Secretary Howard Lutnick and crypto adviser Bo Hines worked to shape the GENIUS Act and loosen safeguards to benefit Tether (Bloomberg)

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A study of 11,989 Polymarket users finds 61% placed fewer than 100 trades over a six-week period, with 58% making or losing less than $100 during that period (Kaitlyn Radde/Pew Research Center)

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US GAO study: Amazon workers on federal aid tripled from February 2020 to September 2025; ride-hailing and delivery apps topped employers with workers on aid (Washington Post)

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Meta's infrastructure teams have become bloated, leading to poor decisions like troubled Rivos acquisition, loss of supplier trust due to hardware pivots, more (SemiAnalysis)

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Tesla reports a negative Q2 free cash flow of $1.1B, its first in over two years, partly due to increased AI and robotic investments, amid diminishing profits (Reuters)

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Google reports Q2 free cash flow at negative $5.9B amid increased AI spending, marking its first cash burn since going public more than two decades ago (Ryan McMorrow/Financial Times)

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Sources: OpenAI staff were "freaked out" when GPT-Sol 5.6 breached Hugging Face, as OpenAI used more aggressive training methods to compete with Anthropic (Financial Times)

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The Little Tech Association, a new group of ~200 companies across the startup community, including Y Combinator, urges Trump not to ban Chinese open-weight AI (Sophia Cai/Politico)

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Movement Labs, a layer-2 Ethereum blockchain developer, files for Chapter 11 bankruptcy after a period of upheaval that included a token scandal and Binance ban (CoinDesk)

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Google projects full-year capex will be $195B to $205B in 2026, after saying in April that it will spend as much as $190B; its Q2 capex hit $44.92B, up 100% YoY (Julia Love/Bloomberg)

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Google says its cloud computing unit had a $514B backlog of contracted work that hasn't been recorded as revenue yet, up from ~$460B held during Q1 (Julia Love/Bloomberg)

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ServiceNow reports Q2 subscription revenue up 24.5% YoY to $3.88B, increases full year subscription revenue growth estimate to 23%; NOW jumps 4%+ after hours (Brody Ford/Bloomberg)

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The SEC agrees to pay $150,000 in legal fees to end Coinbase's 2024 lawsuit seeking internal docs on the regulator's Biden-era crackdown on the crypto industry (Nicola M White/Bloomberg)

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Google says Gemini now has 950M MAUs, up from 900M in May and 750M in February (Emma Roth/The Verge)

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IBM reports Q2 revenue up 1% YoY to $17.2B, vs. $17.6B est., infrastructure revenue down 7% to $3.8B, Z mainframe revenue down 42%, and lowers its 2026 forecast (Jordan Novet/CNBC)

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Reddit's stock closed down 8.32% after a report that the company was considering ending Google's access to its content for AI training; RDDT is down ~26% YTD (CJ Haddad/CNBC)

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Alphabet reports YouTube's Q2 ad revenue rose 13% YoY to $11.06B, vs. $10.8B est., and Google's ad revenue reached $81.63B, up from $71.34B in Q2 2025 (Todd Spangler/Variety)

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Alphabet reports Q2 revenue up 24% YoY to $119.8B, above $116.9B est., Google Cloud revenue up 82% YoY to $24.8B, and Services revenues up 15% to $94.5B (Alphabet)

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OpenAI President Greg Brockman says Kimi K3 is a "pretty good model" but it is "too early" to tell whether Moonshot used distillation on OpenAI's models (Shirin Ghaffary/Bloomberg)

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Source: Stripe revenue jumped by a third to $6.8B in 2025, its fastest revenue growth since 2021, with free cash flow up 52% to $3.2B (Yueqi Yang/The Information)

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Travis Kalanick's robotics startup Atoms raised $1.7B led by a16z, with Uber and others participating; Ben Horowitz will join the startup's board (Sean O'Kane/TechCrunch)

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A Florida teenager drops his lawsuit accusing Meta of creating harmful social media features, following settlements with co-defendants TikTok, Snap, and YouTube (New York Times)

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Yope, a social network that has ~15M registered users for its "micro communities" and no algorithms, ads, or public content, raised $12.3M seed led by Northzone (Sarah Perez/TechCrunch)

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Sources: Cathedral, launched by ex-DOGE staffers to use AI to expand US military cyber capabilities, raised $160M led by a16z and Sequoia at a $1.4B valuation (David Jeans/Reuters)

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Genius AI, formerly GlossGenius, which pivoted from a salon management platform to offer AI tools for service SMBs, raised a $44M Series D at a $1.15B valuation (Emma Hinchliffe/Fortune)

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Cashea, Venezuela's largest fintech startup, which offers a banking and payments app, raised a $40M Series A, including $20M in debt, and a $60M Series B (Maria Clara Cobo/Bloomberg)

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