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June 13, 2025, 6:15 PM
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memeorandum
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| Dan Primack / Axios: |
A White House memo says David Sacks and Craft Ventures are divesting holdings in AI companies and hyperscalers like xAI and Meta — David Sacks, the venture capitalist advising President Trump on crypto and AI policy, is divesting his holdings in foundational AI companies and hyperscalers like xAI and Meta … | Reuters: |
Sources: Google, Scale AI's largest customer, plans to cut ties with the company after the Meta deal; Microsoft, OpenAI, and xAI also plan to step back — Alphabet's (GOOGL.O) Google, the largest customer of Scale AI, plans to cut ties with Scale after news broke that rival Meta (META.O) … | Bloomberg: |
More: Scale AI, CNBC, New York Times, Forbes, The Hill, Reuters, Inc.com, Cryptopolitan, The American Bazaar, Observer, Constellation Research, The Verge, UPI, International Business Times, Silicon UK, The Wrap, Fortune, Spyglass, Ars Technica, Analytics India Magazine, Engadget, Transformer, WinBuzzer, Silicon Republic, Financial Times, MarketWatch, The Hans India, Verdict, Ukrainian National News, TechCrunch, The Information, Yahoo Finance, Pivot to AI, Digit, Reuters, Maginative, Capital Brief, Business Insider, Shawn Ryan Show on YouTube, Axios, and Bloomberg
X: @alexandr_wang, @melisatokmak, @aayushjaiswal07, @can, @scobleizer, @jessetinsley, @growing_daniel, @alexandr_wang, @lm_braswell, @lizwessel, @michelle_fradin, @jdroege, @scale_ai, @s4mmyeth, @morqon, @alexeheath, @amasad, @alexeheath, @shiringhaffary, @mikeisaac, @alexeheath, and @mikeisaac. Forums: r/business
| Wall Street Journal: |
Sources: Walmart, Amazon, and Expedia have recently explored issuing or using stablecoins in the US to potentially save fees from cash and card transactions — Corporate coins could take payments activity away from banks and the traditional financial system
More: Decrypt, Decrypt, The Block, Bloomberg, American Banker, Sherwood News, CryptoPotato, RetailWire, The Independent, Kiplinger, Yahoo Finance, Axios, Bloomberg, MarketWatch, Coinspeaker, Ledger Insights, Morningstar, Inc., Barron's Online, Cryptopolitan, CoinDesk, PaymentsJournal, Quartz, Blockchain.News, Bitcoinist.com, The Crypto Times, NFTgators, The Information, The Crypto Basic, Coinpedia Fintech News, CoinGape, Proactive, ZyCrypto, CryptoSlate, The Coin Republic, The Block, crypto.news, New York Post, PYMNTS.com, Crypto Briefing, and Watcher Guru
Bluesky: @edmundlee and @hypervisible
X: @nathanielpopper, @apompliano, @ntmoney, @jbsdc, @thestalwart, @amandalfischer, @banamlas, @robblackwellab, @techleadhd, @brendanpedersen, @iamdcinvestor, @leehepner, @leehepner, @intangiblecoins, @amandalfischer, @amandalfischer, and @hadickm. LinkedIn: Ben Parkes. Forums: r/technology
| Wall Street Journal: |
Sources: Anne Wojcicki is poised to regain control of 23andMe, after her nonprofit TTAM offered $305M to top Regeneron's bid for the DNA-testing company — Regeneron is backing away from buying the DNA-testing company after a nonprofit controlled by co-founder Wojcicki made a higher bid
More: Engadget, Reuters, 23andMe, Inc., San Francisco Business Times, Wired, Bloomberg, CNBC, and Endpoints News. Forums: Hacker News
| Kashmir Hill / New York Times: |
Some users say ChatGPT led them into conspiratorial thinking, and when confronted, it confessed to manipulation and told them to alert OpenAI and the media — Generative A.I. chatbots are going down conspiratorial rabbit holes and endorsing wild, mystical belief systems.
More: Futurism, Gizmodo, Tom's Hardware, Raw Story, and WinBuzzer
Bluesky: @jessicawildfire, @cmonstah, @carnage4life, @bvd100, @davidnir.com, @aaronrosspowell.com, @robinwigglesworth.ft.com, @isaacdovere, @karlbode.com, @martinsfp, @mehdirhasan, @joemenn, @justinhendrix, @harrymccracken.com, and @gelliottmorris.com
Threads: @jbillinson and @tomgara
X: @whstancil, @rob_flaherty, @nedstanley, @bartongellman, @kashhill, @esyudkowsky, @esyudkowsky, @anukasan1977, @garymarcus, @tonybiasotti, @kashhill, @mcmansionhell, @virginiahughes, @berlinger, @ericnewcomer, @miles_brundage, @lakitukl, and @alex_panetta
LinkedIn: James Souttar and Anne Trumbore
Forums: Hacker News, r/Longreads, r/skeptic, r/neoliberal, and r/slatestarcodex
| Emma Roth / The Verge: |
Google says it is testing Audio Overviews for certain Search queries, available for Labs users in English in the US — If you opt into the test, you'll see the option to generate an Audio Overview based on some of your searches. … Google is rolling out a test that puts its AI-powered Audio Overviews … | Samantha Cole / 404 Media: |
Digital rights organizations urge the FTC to investigate Character.AI and Meta's “unlicensed practice of medicine facilitated” by therapy AI chatbots — Exclusive: An FTC complaint led by the Consumer Federation of America outlines how therapy bots on Meta and Character.AI …
More: Futurism, Dexerto, Consumer Federation of America, and Consumer Federation of America
Bluesky: @fabiochiusi, @darlakay, @jonchristian.net, @sesmith.lol, @samleecole, @smcgrath.phd, @benwinters, and @benwinters
Mastodon: @remixtures@tldr.nettime.org and @Mikal@sfba.social
| James Hunt / The Block: |
Yupp, which rewards users in crypto for comparing answers from multiple AI models and giving feedback, emerges from stealth with a $33M seed led by a16z crypto — - AI startup Yupp has raised $33 million in a seed funding round led by a16z crypto, founded by a team of veterans from Coinbase, Google, and X.| Amanda Silberling / TechCrunch: |
The public feed of the Meta AI app is filled with private and sensitive information, suggesting users might not be aware they are sharing their chats publicly — It sounds like the start of a 21st century horror film: Your browser history has been public all along, and you had no idea.
More: Gizmodo, Wired, BBC, PCMag, ZDNET, Business Insider, BGR, Tom's Guide, CNBC, Fast Company, iPhone in Canada, Digit, Security Boulevard, MediaPost, Malwarebytes, Laptop Mag, Nokiamob, International Business Times, WinBuzzer, Business Today, 9to5Google, implicator.ai, Android Authority, and Telegraph
Bluesky: @stardustbluepr.com, @karlbode.com, @jeremylittau.com, @leonardlloyd, @hypervisible, and @amanda.omg.lol. Mastodon: @zackwhittaker@mastodon.social
X: @venturetwins, @racheltobac, @shl0ms, @kyliebytes, @venturetwins, @chrisd9r, @arictoler, @venturetwins, @venturetwins, and @heaney555
Forums: r/technology, r/BetterOffline, r/technology, and Slashdot
| Dominic Preston / The Verge: |
Google plans to shut down Android's Instant Apps, which let users launch apps without installing them, later this year citing low usage and engagement — The installation-free apps will join the Google graveyard in December. … Google has confirmed that it plans to shut …
More: Android Authority, Ars Technica, Nairametrics, Pocket-lint, The Hans India, News.ng, Thurrott, and Android Headlines
Bluesky: @codybrom.com. Mastodon: @tbernard@mastodon.social. LinkedIn: Tobias Kunisch. Forums: r/mAndroidDev
| Matt Swider / The Shortcut: |
Nintendo Switch 2 review: great build quality, better haptics, and improved performance for Switch 1 games, but weak battery life and only a few launch titles — 🏆 Review score: 5 out of 5 — 🏅 Editor's Choice Award — ✅ 🎮 Excellent build quality and premium feel| Heather Somerville / Wall Street Journal: |
The Army Reserve launches Detachment 201, an innovation corps with Palantir CTO, Meta CTO, and other tech execs advising on AI and tech as lieutenant colonels — Silicon Valley executives are joining a new innovation corps in Army Reserve — The nerd brigade is reporting for duty.
More: Breitbart, The Free Press, The Information, TechCrunch, Defense News, Breaking Defense, WinBuzzer, Task & Purpose, and DefenseScoop
X: @ericnewcomer, @johnwilson, @ssankar, @katienotopoulos, @kevinweil, @elianoayounes, @pitdesi, and @chafkin
LinkedIn: Jim Perkins and Kevin Weil
Forums: r/BetterOffline, r/army, and r/Military
| Emma Roth / The Verge: |
Betting platform Kalshi aired a fully AI-generated 30-second ad during the NBA Finals, reportedly made in 2-3 days with 300-400 generations using Google's Veo 3 — It apparently took just days to make using Google's new text-to-video generator, Veo 3.
More: Gizmodo, Business Insider, Shelly Palmer, WinBuzzer, Mashable, and The Rundown AI
| Axios: |
Sources: Palmer Luckey's stablecoin startup Atticus raised ~$250M at a $2.25B valuation, and will merge into Erebor, formed by Luckey to get a banking license — We're learning more about Atticus, the stealthy stablecoin startup that we recently reported was raising funding … Sponsor Posts
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F5:
Securing AI models and agents in the enterprise — The new AI stack creates a highly dynamic attack surface, and traditional controls aren't keeping up. F5's recent acquisition will bring advanced AI guardrails to enterprise apps.
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X: @morningbrew, @amasad, @h4ckmanac, @anothercohen, @bachonk, @mdudas, @dhh, @openai, @openrouterai, @bindureddy, @tomwarren, @mikeisaac, @harvitronix, @mikeisaac, @film_girl, @altryne, @dhravyashah, @liminal_warmth, @nitro_luke, @ifedapolarewaju, @gergelyorosz, @jansulek, @ayhanap, @paularambles, @mikedoesdata, @techbronyc, @tobinsouth, @replit, @fubosupport, @thisritchie, @gregisenberg, @vikhyatk, @panzer, @pk_iv, @gergelyorosz, @cspenn, @obijai, @padreapp, @pirroh, @lovable_dev, @jackfriks, @deitaone, @nwsfortworth, @altryne, and @minimaxir. LinkedIn: Jerry Perullo
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| Aisha Malik / TechCrunch: |
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More: Shopify, Stripe, BetaKit, iPhone in Canada, Bitcoin Insider, Ledger Insights, Blockworks, The Paypers, Finextra, Cointelegraph, Shopify, crypto.news, Benzinga, Coinbase, and CNBC
Bluesky: @awpiitr. X: @tobi, @base, @tobi, @ilikesymmetry, @harleyf, @jeff_weinstein, @amishrarohit, @backseatvc, @buildonbase, @base, @1crypticpoet, @jessepollak, @mcfazeli, @bantg, @shopifyeng, @0xmert_, @yugacohler, @matthuang, @shopify, and @chamath
Forums: r/CryptoCurrency and r/AMPToken