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July 5, 2025, 12:35 PM
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memeorandum
WeSmirchTop 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, Tech Times, 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, Fortune, and ABC
Bluesky: @eva.computer, @eva.computer, @unormal, and @ianlandsman.com. Mastodon: @carnage4life@mas.to
| Jesse Coghlan / Cointelegraph: |
House GOP leaders announce a regulatory Crypto Week from July 14 to July 18 to consider three key crypto bills, including the Senate-led GENIUS Act — US Republican leaders say the House will look to pass bills on stablecoins, crypto market structure and CBDCs in mid-July in what they've dubbed “Crypto Week.”| 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 … | 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,” … | 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| 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.| MacKenzie Sigalos / CNBC: |
A look at the annual Ethereum Community Conference, or EthCC, Ethereum's flagship European event, held in Cannes this year to showcase the network's growth — CANNES — Wall Street's new plumbing is being built on Ethereum and this week its architects took over the same French Riviera villas …
Forums: r/ethtrader
| Debby Wu / Bloomberg: |
Foxconn reports Q1 revenue up 15.8% YoY to ~$62B, driven by strong demand for iPhones and AI servers powered by Nvidia chips, meeting analysts' expectations — Revenue totaled NT$1.8 trillion ($62 billion) in the three months to June, largely in line with analysts' expectations, results showed Saturday.| 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, The Decoder, Press Gazette, Android Headlines, WinBuzzer, Nairametrics, and MediaPost
LinkedIn: Angela Mills Wade, Chris Dicker, and Alix Dunn
| 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
| 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. — ExclusiveSponsor Posts
Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Equals:
Stop vibe coding analytics — Equals AI turns questions about your business into auditable spreadsheet models and dashboards. Build once, iterate for years.
Stop vibe coding analytics — Equals AI turns questions about your business into auditable spreadsheet models and dashboards. Build once, iterate for years.
Zoho:
From MCP to billing: Updates that accelerate hiring — TL;DRConnect your favorite AI tools to Zoho Recruit with Zoho Recruit MCP.Catch up on conversations faster with Zia email summaries.Review candidate context instantly …
From MCP to billing: Updates that accelerate hiring — TL;DRConnect your favorite AI tools to Zoho Recruit with Zoho Recruit MCP.Catch up on conversations faster with Zia email summaries.Review candidate context instantly …
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Training Data:
Inside Zipline's Autonomous System: 140M Miles, Zero Incidents
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
Invest Like the Best:
Jeremy Giffon - The Billion Dollar PDF
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Big Technology Podcast:
Who Wins The AI Superapp Battle?, Apple's Consumer AI Victory, World Cup Automation Mistake
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:
Fable Ban Reversed + Dr. Dana Suskind on Parenting With A.I. + Prediction Market Drama
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.
The Upstarts Podcast:
Blitzy's Brian Elliott: Cursor And Claude Code Are Looking At Your Enterprise Code 'Through A Straw'
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Tools and Weapons with Brad Smith:
Connecting the Unconnected: Doreen Bogdan-Martin
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.
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| Anna Heim / TechCrunch: |
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| Salvador Rodriguez / CNBC: |
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Bluesky: @eighthdayarts. X: @zachweinberg. LinkedIn: Alex Usharovsky and Jake Seymour. Forums: Slashdot
| Yang Jie / Wall Street Journal: |
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LinkedIn: Martijn Rasser and Bolaji Ojo
| Charlie Savage / New York Times: |
More: 9to5Mac, HuffPost, The Economic Times, PhoneArena, The Mac Observer, Tech Times, Engadget, Wired, Lawfare, The Verge, Raw Story, Pixel Envy, and Executive Functions
Bluesky: @jwmueller-pu, @deanbaker13, @kimlanelaw, @justinhendrix, @quinnypig.com, @socialmedialab.ca, @judah-grunstein, @mickiedances, @erichluepke, @reckless, @reckless, @nero-wolfe, @chrisgeidner, @chrisgeidner, @henrythedog, and @texanokie07. Mastodon: @jschauma@mstdn.social
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