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Techmeme

Dune: since January 2021, wallets funded via US-regulated exchanges accounted for ~50% of all traceable trading volume on Polymarket's US-banned global platform (Bloomberg)

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TSMC forecasts "several years" of margin dilution as overseas fab projects ramp up; the company has announced $200B in investment into US manufacturing (Kai Nicol-Schwarz/CNBC)

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Chinese AI models account for ~60% of token usage by US companies on OpenRouter, making restrictions harder to impose without disrupting US users and businesses (Nectar Gan/Bloomberg)

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Sources: Samsung may invest up to €1B in Mistral as part of a broader round valuing it at ~€20B, after previously backing the AI startup through its venture arm (Financial Times)

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Memo: the White House OSTP plans to redirect federal research funding from universities to individual scientists and AI use, reshaping ~$200B in annual spending (Amrith Ramkumar/Wall Street Journal)

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Sources: Reddit, Politico, and others mull cutting Google's access to their content for AI as traffic drops; Reddit signed a $60M/year deal with Google in 2024 (Alexandra Bruell/Wall Street Journal)

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Doc: nearly 200 US utilities, data center developers, and others have signed Trump's pledge to ensure AI energy use doesn't push up consumer electric bills (Wall Street Journal)

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Sources: Alphabet has more than quadrupled its office space in Miami, partially driven by Larry Page's and Sergey Brin's residential real estate purchases (Anna J Kaiser/Bloomberg)

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Trump nominates FCC general counsel Adam Candeub to lead the DOJ's antitrust unit; Candeub, a longtime Big Tech critic, has long sought to challenge Section 230 (Ella Lee/Financial Times)

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Documents: Meta's internal AI incubator is developing an AI model router, similar to OpenRouter's, to cut costs by sending some AI tasks to lower-cost models (Jyoti Mann/The Information)

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London-based robotics startup Humanoid raised a $152M Series A led by Prime Movers Lab at a $1.35B post-money valuation, bringing its total funding to $270M (John Koetsier/Forbes)

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Amazon says its business sales unit, Amazon Business, reached $60B in annualized gross sales in Q2, up ~71% from 2023, and serves 11M+ organizations worldwide (Matt Day/Bloomberg)

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OpenAI renews its investment in the American Journalism Project by committing an additional $5M in funding and $3M in tech credits over the next two years (Sara Fischer/Axios)

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OpenAI adds Nubank founder and CEO David Vélez and BNY CEO Robin Vince to its board of directors, as the company moves toward a public listing (Wall Street Journal)

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OpenAI says its models chained vulnerabilities across its research environment and Hugging Face's infrastructure to find solutions for the ExploitGym benchmark (OpenAI)

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Cisco releases Antares-350M and Antares-1B, two open-weight AI models to find known vulnerabilities within a codebase, and plans to release Antares-3B soon (Sam Sabin/Axios)

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Super Micro says Q4 orders have topped $60B and expects gross margins of 15% to 17%, up from its prior forecast of 8.2% to 8.4%; SMCI jumps ~20% after hours (Juby Babu/Reuters)

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France becomes the first European country to pass a law banning social media access for users under 15, potentially going into effect as soon as September 1 (Mark Landler/New York Times)

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OpenAI says its models, including GPT-5.6 Sol and "an even more capable pre-release model", breached Hugging Face while OpenAI tested their cyber capabilities (Ina Fried/Axios)

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Poolside launches Laguna S 2.1, an 118B open-weight model built for agentic coding and long-horizon work, that it says competes with larger open models (Iain Martin/Forbes)

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Some Instagram and Facebook users say Meta's AI moderation deleted their accounts; Meta says AI makes 13% fewer errors and finds 10% more violations than humans (New York Times)

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Substack partners with AI-detection tool Pangram, allowing users to scan text longer than 100 words for an estimate of how much was written with AI assistance (Chris Best/The Substack Post)

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Block launches Buzz, an open source collaboration workspace on Nostr protocol for humans and AI agents to share messages, code repositories, workflows, and more (Block)

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NJ Governor says a software error at DMV led to the improper voter registration of ~6,600 noncitizens between June 2023 and June 2024; 400 of those cast ballots (Tracey Tully/New York Times)

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Federal lobbying disclosures: Anthropic spent $1.97M in Q2, up 26% QoQ, and OpenAI spent $1.2M, up 18%; Meta remained the largest spender at $5.99M, down 15% (Luke Fountain/CNBC)

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Meta adds the Xbox Game Pass starter edition to its Horizon Plus plan, which costs $60/year or $8/month; the pass only allows 10 hours of Xbox gaming per month (Scott Stein/CNET)

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Analysis: every frontier AI model tested in cybersecurity evaluations attempted to "cheat", led by GPT-5.4 at 14.1% of tasks; Mythos cheated the least, at 7.8% (AI Security Institute)

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Apple says it fixed a vulnerability in its Hide My Email tool that let anyone see a user's real email address; researchers first reported the issue in June 2025 (Joseph Cox/404 Media)

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Meta quietly releases StoryKit, a new mobile app that uses AI to create personalized children's stories, including illustrations and original music, in Mexico (Zac Hall/9to5Mac)

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University of Tennessee Research Foundation sues Anthropic in Delaware for allegedly infringing neural network patents, the first such case against Anthropic (Blake Brittain/Reuters)

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OpenAI executive Chris Lehane says Sam Altman plans to brief the Trump administration and US lawmakers next week on the company's upcoming generation of models (Maggie Eastland/Bloomberg)

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Google says Gemini 3.6 Flash improves coding, multimodal, and knowledge work performance and uses up to 17% fewer tokens and costs less per token vs. 3.5 Flash (MacKenzie Sigalos/CNBC)

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Google launches Gemini 3.6 Flash, 3.5 Flash-Lite, and 3.5 Flash Cyber, and says it has started its "most ambitious pre-training run yet" for Gemini 4 (Tulsee Doshi/Google)

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Nvidia details its Vera CPU for data centers, its first CPU with a custom core design, featuring 88 cores and 176 threads, set for general release in H2 2026 (Jake Roach/Tom's Hardware)

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Sources: Apple plans to launch Apple Upgrade, a leasing program for iPhone, iPad, Mac, and Apple Watch, in partnership with Klarna in the US next week (Mark Gurman/Bloomberg)

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Google says Gemini 3.5 Flash Cyber is a "cost-efficient and highly capable alternative" to models like Mythos, available first to governments and some partners (Emma Roth/The Verge)

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Google prices Gemini 3.6 Flash lower than 3.5 Flash, at $1.50/1M input tokens and $7.50/1M output tokens; Gemini 3.5 Flash-Lite is priced at $0.30 and $2.50 (Abner Li/9to5Google)

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Augustus, which is building a federally chartered "AI-native" clearing bank designed around stablecoins, raised $180M led by Tiger Global at a $1B valuation (Krisztian Sandor/CoinDesk)

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Sources: after it closes a round at a $31.5B valuation, Moonshot plans a final raise at a $50B valuation to capitalize on Kimi K3 buzz before a Hong Kong IPO (Pei Li/Bloomberg)

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Docs: AI data startup Mercor had $614M in gross revenue in H1 2026, up 70% from all of 2025, with ~91% from foundation model makers like OpenAI and Anthropic (The Information)

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US Treasury Secretary Scott Bessent says the Trump administration is looking into Chinese AI models over distillation claims and it could "sanction them" (Ashley Capoot/CNBC)

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Intel and Fortinet partner to co-develop the Fortinet Security Processor 6, making Fortinet the first named external customer for the Intel 4 process node (Luke James/Tom's Hardware)

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Garmin launches the Cirqa Smart Band, a $200 screenless fitness tracker that monitors 80+ activities with an up to 10 day battery life, to compete with Whoop (Dana Wollman/Bloomberg)

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OpenAI says it now has 10M people using Codex and ChatGPT Work, nearly doubling usage from earlier this month when the company announced ChatGPT Work (Shirin Ghaffary/Bloomberg)

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Databricks co-founder Ion Stoica's GPU orchestration startup SkyPilot, which aims to be neutral across hardware and cloud vendors, raised a $20M seed led by Lux (Lily Mae Lazarus/Fortune)

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Microsoft and Mistral sign a multibillion-dollar deal to build European data centers and integrate Mistral models into Foundry, Copilot Studio, and Azure Local (Belle Lin/Wall Street Journal)

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Samsung plans to launch its AI-powered Samsung Health Assistant and new heart metrics tools like Vitals for overnight metric tracking in beta in August (Samantha Kelly/Bloomberg)

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Iran's IRGC claims it targeted and "destroyed" Amazon's central data infrastructure in Bahrain using several cruise missiles; Amazon has not acknowledged it (Babak Kamiar/Euronews)

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Gritt, which is developing an AI system that helps build infrastructure like solar panels, emerges from stealth with a $26M Series A and $34M in total funding (Tim Fernholz/TechCrunch)

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UK PM Andy Burnham abolishes the Department for Science, Innovation, and Tech and elevates UK AI Minister Kanishka Narayan, who oversees AISI, to attend cabinet (Philippa Wain/BBC)

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