Techmeme: UK minister instructs the Turing AI institute, which has lately focused on responsible AI and ethics, to prioritize national security and defense instead (Joshua Nevett/BBC)

Top News

Rachyl Jones / Semafor:

A look at Meta's recent hires for its nascent superintelligence unit, including Pei Sun, who developed two generations of Waymo's perception models — Meta's new hires offer a glimpse into its nascent superintelligence unit, aimed at making the social media company's AI capabilities more competitive with industry leaders.

More: CNBC and The Decoder

KBKG:

President Trump signs the One Big Beautiful Bill, which allows immediate deduction of US software labor; foreign R&D still must be amortized over 15 years — Today, the House passed the Senate's version of the “One Big Beautiful Bill Act” (OBBBA), marking a significant overhaul to federal tax policy.

More: Supply Chain Dive, Axios, Bloomberg, ABC, and Fortune

Bluesky: @eva.computer, @eva.computer, @unormal, and @ianlandsman.com. Mastodon: @carnage4life@mas.to

X: @sprice, @ankurnagpal, @patrickfianagan, @deedydas, @einarvollset, @whitehouse, @newatlantissun, @nominalthoughts, @gkedzierski, @michaelminard13, @indian_bronson, @patrickfianagan, and @ericadyork. Forums: Hacker News

Olga Kharif / Bloomberg:

Over the past year, long-time Bitcoin whales have been selling off their holdings, leading to a reshaping of the market as institutions increase their buying — A silent transfer of control is reshaping the $2.1 trillion Bitcoin market. — A steady stream of sales by long-time whales …

More: BeInCrypto, Bitcoinist.com, Türkiye Today, Coinpedia Fintech News, CryptoPotato, The Coin Republic, and Gizmodo

Shaurya Malwa / CoinDesk:

Two dormant Bitcoin wallets, each holding 10,000 “Satoshi era” BTC since 2011, transferred the coins to new wallets using a modern, lower-fee address format — All of these moved coins are among the rarest class of BTC: mined or transacted during the “Satoshi era,” …

More: CoinDesk, Cointelegraph, The Crypto Times, The Daily Hodl, CoinGape, Coinpedia Fintech News, Bitcoin Insider, Blockchain.News, CryptoPotato, Protos, crypto.news, ZyCrypto, BeInCrypto, Coinspeaker, The Defiant, and CryptoSlate

Bluesky: @khakhalin. Forums: r/CryptoCurrency

Joshua Nevett / BBC:

UK minister instructs the Turing AI institute, which has lately focused on responsible AI and ethics, to prioritize national security and defense instead — Science and Technology Secretary Peter Kyle has written to the UK's national institute for artificial intelligence (AI) to tell its bosses to refocus on defence and security.

More: The Guardian. X: @ersatzben. Forums: Slashdot

Shirin Ghaffary / Bloomberg:

The term “superintelligence” is becoming increasingly popular among AI leaders, even as many in the industry question whether it is ill-defined and overhyped — A new AI buzzword is picking up speed in Silicon Valley. — But first.... AGI inflation

More: Forbes, The Economic Times, and Inc

X: @scobleizer. LinkedIn: Anne Collier

Foo Yun Chee / Reuters:

Doc: UK's Independent Publishers Alliance files an antitrust complaint with EU and the UK CMA against Google, alleging misuse of web content for AI Overviews — Alphabet's (GOOGL.O) Google has been hit by an EU antitrust complaint over its AI Overviews from a group of independent publishers …

More: Benzinga, Moneycontrol, The Verge, PYMNTS.com, SiliconANGLE, iPhone in Canada, MarketWatch, New York Post, Cryptopolitan, Press Gazette, The Decoder, Android Headlines, WinBuzzer, Nairametrics, and MediaPost

Bluesky: @carnage4life and @fabiochiusi. Mastodon: @1br0wn@eupolicy.social

LinkedIn: Angela Mills Wade, Chris Dicker, and Alix Dunn

Murad Hemmadi / The Logic:

Sources: Nvidia's deal to buy CentML, which offers tools to optimize the running of AI models on chips, could exceed $400M; CentML raised a $27M seed in 2023 — TORONTO — Nvidia's deal to acquire Canadian AI startup CentML could exceed US$400 million in value, The Logic has learned. — Exclusive

More: The Logic. X: @muradhem

Dan Primack / Axios:

PitchBook: AI startups received 53% of all global VC dollars invested in H1 2025, rising to 64% in the US, and accounted for 29% of all global startups funded — Artificial intelligence is eating venture capital. Or at least its dollars. … - That percentage jumps to 64% in the U.S.

More: PitchBook, The French Tech Journal, and VCCircle

Ryan Gould / Bloomberg:

Blackstone acquires Vista Equity Partners' minority stake in event software company Cvent, sources say for $1.3B; Blackstone acquired Cvent for $4.6B in 2023 — Blackstone is acquiring Vista's stake in Cvent for $1.3 billion, according to people familiar with the matter …

More: Washington Business Journal and Verdict

Ben Geman / Axios:

Emerald AI, whose software lets AI data centers flexibly adjust power consumption, raised a $24.5M seed led by Radical Ventures, with NVentures participating — AI giant Nvidia and boldface names in tech and finance are backing a new startup that aims to transform data centers into flexible grid assets instead of liabilities.

More: NVIDIA, arXiv.org e-Print archive, Latitude Media, E&E News, VC News Daily, Emerald AI, Pulse 2.0, FinSMEs, and RCR Wireless News

LinkedIn: Yvonne Likomanova, Rob Toews, and Varun Sivaram

Kate Park / TechCrunch:

Tailor, which offers a headless ERP system for retail businesses that separates the frontend and backend, raised a $22M Series A from ANRI, NEA, YC, and others — Tailor, a San Francisco- and Tokyo-based enterprise resource planning (ERP) platform, has raised $22 million in a Series A funding round.

More: Business Wire, PYMNTS.com, FinSMEs, VC News Daily, and Pulse 2.0

RT Watson / The Block:

Distinct Possibility, a gaming studio launched by EverQuest co-creator to build a web3 shooter on Etherlink, a Layer 2 network built on Tezos, raised $30.5M — - Bitkfraft Ventures and Brevan Howard Digital co-led a $30.5 million funding round in Distinct Possibility Studios, the new gaming firm from EverQuest co-creator John Smedley.

More: NFTgators

Anna Heim / TechCrunch:

Tel Aviv-based Qedma, which is developing an error mitigation software called QESEM for quantum computers, raised a $26M Series A led by Glilot Capital Partners — Despite their imposing presence, quantum computers are delicate beasts, and their errors are among the main bottlenecks …

More: HPCwire, SiliconANGLE, Verdict, FinSMEs, The Quantum Insider, and Globes

LinkedIn: Asif Sinay and Ben Daniels

Sponsor Posts

Google:

Try Gemini 3 Pro — Google's newest and most intelligent AI model that helps you bring any idea to life

Shopify:

Shopify's new AI commerce stack — Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.

Zoho:

Get your favorite apps talking to Zoho Sign with Zapier — Your business didn't come together overnight. It's something you've built, refined, and fine-tuned over time. Every tool you use has a purpose …

IDrive:

Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Sponsor Techmeme

Featured Podcasts

Grit:

How Brands Stay Visible When AI Decides | Profound CEO James Cadwallader

Grit explores what it takes to create, build and scale world-class organizations.

Subscribe to Grit.

Lenny's Podcast:

The coming AI security crisis (and what to do about it) | Sander Schulhoff

Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.

Subscribe to Lenny's Podcast.

Big Technology Podcast:

OpenAI's Potential, Google's Speedy Model, Copilot Hits Turbulence

The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.

Subscribe to Big Technology Podcast.

Hard Fork:

Why Roomba Died + Tech Predictions for 2026 + A Hard Forkin' Xmas Song

The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.

Subscribe to Hard Fork.

Access:

Betting on reality with Kalshi CEO Tarek Mansour

A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.

Subscribe to Access.

Tools and Weapons with Brad Smith:

Ted Sarandos: Netflix and how tech changed storytelling

Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.

Subscribe to Tools and Weapons with Brad Smith.

Add your podcast here

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:55 AM ET, July 5, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.