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Techmeme

Q&A with Sam Altman on the Hugging Face breach, the race for compute, distillation, open source, concentration of power, robotics, OpenAI's future, and more (Invest Like The Best on YouTube)

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The Agentic AI Foundation updates MCP with a fully stateless architecture, a hardened authentication model, a formal 12-month deprecation policy, and more (Michael Nuñez/VentureBeat)

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Mark Zuckerberg argues that superintelligence should be widely distributed as a tool that empowers everyone, rather than centralized in a few institutions (Mark Zuckerberg/Wall Street Journal)

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NYC-based AI startup Runlayer sues Rippling for allegedly stealing trade secrets to "build essentially a clone" of Runlayer's safety and governance product (Taylor Herzlich/New York Post)

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Anthropic says Claude Mythos Preview was able to break a weaker version of AES and it orchestrated another improved attack against HAWK cryptographic system (Dustin Volz/New York Times)

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Tel Aviv-based Hush Security, which lets organizations securely control enterprise AI agents, raised a $30M Series A, bringing its total funding to $41M (Ionut Arghire/SecurityWeek)

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Letter: the US EPA says power plants providing electricity only to data centers and not to the public grid would not be subject to federal pollution laws (Tim McLaughlin/Reuters)

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eBay and several ex-executives agree to pay a $56M settlement to resolve a 2021 civil case involving the 2019 stalking and harassment of two e-commerce bloggers (Annie Palmer/CNBC)

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Filing: Shein says its US business is under FTC investigation and it is "cooperating", without giving specifics, as the company prepares for an IPO in Hong Kong (Gabrielle Fonrouge/CNBC)

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Corning's shares fall 16%+ after weak Q3 guidance, as its growth is squeezed by production limits on its AI connectivity products; Q2 sales rose 17% to $4.74B (Adriano Marchese/Wall Street Journal)

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Mate, which is developing a platform to allow AI agents to detect, respond to, and proactively hunt threats, raised a $35M Series A led by Canaan Partners (Meir Orbach/CTech)

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Data security startup Cyera agrees to acquire Oasis Security, which provides non-human identity security, in a deal valued at about $1B (Kyle Alspach/CRN)

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Sources: OpenAI and Anthropic have lobbied the Trump administration to make sure lagging competitors also have to comply with government reviews of their models (Stephanie Palazzolo/The Information)

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GrubMarket, which connects wholesalers and distributors to grocers and other food buyers, confidentially files for a US IPO; it was valued at $4.5B in February (Arasu Kannagi Basil/Reuters)

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Memo: Visa is cutting ~2,600 jobs, or ~7% of staff, primarily affecting tech and product teams; source: Visa plans to reinvest in stablecoin and other offerings (Paige Smith/Bloomberg)

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Core Scientific and AMD announce a deal under which AMD will secure 500+ MW of US data center capacity starting in 2027, with the ability to scale up to 2.5 GW (Naga Avan-Nomayo/The Block)

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Fish Audio, which offers AI voice models for creators and enterprises and has $21M in ARR, raised a $52M seed led by Coreline Ventures and Capital Today (Ivan Mehta/TechCrunch)

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UK startup Dwelly, which buys real estate businesses and adds AI to handle maintenance, contracts, and other tasks, raised $95M in equity and $75M in debt (Yazhou Sun/Bloomberg)

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Richard Socher's Recursive Superintelligence signs a $410M, multiyear AWS compute deal to support its self-improving AI systems, after raising $650M in May (Russell Brandom/TechCrunch)

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Tel Aviv-based Act Security, whose platform reduces the access surface across cloud infrastructure, emerges from stealth with a $40M Series A and a $20M seed (Chris Metinko/Axios)

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Sources: Moonshot is seeking access to more Nvidia Blackwell chips to prepare for Kimi K4's development, after training K3 on Nvidia chips, including Blackwell (The Information)

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Sources: Apple is preparing to debut a smart home hub with a 7" square display and facial recognition tech, a new Apple TV, and a refreshed HomePod mini in 2026 (Mark Gurman/Bloomberg)

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ESA satellite images show damage to two Amazon data centers in Bahrain, supporting Iran's claims last week that it struck the sites; Amazon declined to comment (Olivia Solon/Bloomberg)

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Apple launches Apple Upgrade, a new US leasing program in partnership with Klarna that replaces the iPhone Upgrade Program, starting at $17.99/month for iPhones (Juli Clover/MacRumors)

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PayPal reports Q2 revenue up 5% YoY to $8.68B, above $8.47B est., transaction margin dollars up 1% YoY to $3.9B, and a $1.1B profit, down from $1.26B in Q2 2025 (Elias Schisgall/Wall Street Journal)

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Sources: Amazon overhauls its AI strategy, deprecating most of its flagship Nova AI models, as it shifts resources to its Frontier Model Research initiative (Eugene Kim/Business Insider)

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European police say Binance's April 2025 policy asking law enforcement to route certain requests to foreign government agencies hinders criminal investigations (New York Times)

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CXMT's IPO delivers a windfall for Hefei, an eastern China inland industrial city, with the government sitting on 5,000%+ paper gains after an early investment (William Sandlund/Financial Times)

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AI Forensics: seven out of the nine top AI image models on Hugging Face edited an image of a clothed woman into a topless one using a simple six-word prompt (Matt Burgess/Wired)

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Sources: Taiwan detained an Nvidia employee as part of a probe into the alleged smuggling of AI chips into China, after searching his home and office on July 24 (Mackenzie Hawkins/Bloomberg)

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Baidu begins testing its purpose-built Apollo Go RT6 robotaxis with human safety operators in outer London; Baidu plans to offer the taxis on Lyft's Freenow (Kirsten Korosec/TechCrunch)

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LSEG data: prices for credit default swaps, a closely watched gauge of risk, tied to Oracle, SpaceX, Alphabet, Nvidia, and others rise sharply to record highs (Financial Times)

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Meta and BlackRock form a strategic venture to develop a 1GW data center campus in El Paso, Texas, set to cost ~$14B and bring capacity online starting in 2028 (Meta Newsroom)

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Sources: Nvidia signs leases worth up to $50B for Hut 8's planned 1GW data center in Texas, hosting hundreds of thousands of chips; Hut 8 didn't name its client (Financial Times)

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Apple overtakes Nvidia to become the world's most valuable publicly traded company, two years after it lost the crown, closing at a $4.95T market cap on Monday (Kalley Huang/New York Times)

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A profile of Justin Sun, who made his fortune in the early phases of crypto, advised for Trump family's WLF, then sued WLF alleging fraud and breach of contract (Jen Wieczner/New York Magazine)

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Cursor introduces Cursor Start, a ~$7 monthly subscription exclusive to India, its third-largest market, priced below its standard $20 Pro monthly subscription (Jagmeet Singh/TechCrunch)

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How Chinese platforms like ActID and New Claw are paying people to license their likeness for AI-generated dramas and ads, often using vague licensing terms (Rest of World)

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South Korea's KOSPI drops 11%+, weighed down by chip stocks amid concerns over China's AI progress and the AI spending boom; Samsung falls 11%+ and SK Hynix 12% (Bloomberg)

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ChatGPT appears to block direct requests to copy an author's style, instead offering to capture the overall "feeling", amid its legal battles with book authors (Kyle Orland/Ars Technica)

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Several digital-asset treasury firms have pivoted to AI amid a slump in crypto prices, but their poor stock performance suggests the strategy is not working (Monique Mulima/Bloomberg)

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Apple releases updates for iOS, macOS, iPadOS, watchOS, tvOS, and visionOS with a huge number of security fixes; macOS Tahoe 26.6 alone addresses 155 CVEs (Zac Hall/9to5Mac)

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Claude chats appeared in Google and Bing results, despite Anthropic's robots.txt saying not to crawl them, likely because the pages lacked a "noindex" tag (Maddy Varner/Wired)

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Dario Amodei says Anthropic has "never" backed an open-weights model ban, lists reasons top chips shouldn't be sold to China, and calls for global model testing (Anthropic)

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Cadence reports Q2 revenue up 24.2% YoY to $1.58B and raises its annual revenue forecast to between $6.26B and $6.34B vs. $6.21B est.; CDNS up 4%+ after hours (Reuters)

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A federal judge issues a preliminary injunction blocking Minnesota from enforcing a newly enacted law that banned prediction markets like Kalshi and Polymarket (Nate Raymond/Reuters)

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French carrier Orange and infrastructure investor Morrison agree to create a data center platform in France targeting 400 MW, backed by a €3B investment program (Molly Schuetz/Bloomberg)

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X rolls out X Money to US Premium and Premium+ subscribers, combining a deposit account with up to 6% APY, free instant transfers on X, and a Visa debit card (Zac Hall/9to5Mac)

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The US National Vulnerabilities Database recorded 45,207 software security flaws so far in 2026, on pace to roughly double the tally of flaws recorded in 2025 (Patrick Howell O'Neill/Bloomberg)

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Xbox resolves a "major outage" affecting its Account & Profile, Store & Subscriptions, and Apps & Mobile services that lasted around 10 hours (Chris Scullion/Video Games Chronicle)

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