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July 12, 2025, 9:05 AM
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| Hayden Field / The Verge: |
Google hires Windsurf CEO Varun Mohan, co-founder Douglas Chen, and some of Windsurf's R&D employees to focus on agentic coding efforts at DeepMind — Key researchers from the AI coding startup are also heading to Google. … OpenAI's deal to buy Windsurf is off …
More: Business Standard, Tech Startups, DNA India, CNBC, New York Times, Reuters, TechCrunch, Moneycontrol, Cryptopolitan, Tech in Asia, Financial Express, implicator.ai, Neowin, The Indian Express, Analytics India Magazine, DevOps.com, WinBuzzer, Maginative, Bloomberg Law, and Business Insider
X: @jeffwsurf, @jeffwsurf, @officiallogank, @deedydas, @haydenfield, @demishassabis, @mikeisaac, @morqon, @gergelyorosz, @thdxr, @pitdesi, @luke_metro, @garymarcus, @prashant_1722, @gergelyorosz, @hipcityreg, @koraykv, @varunramg, @devahaz, and @kyleasay_
LinkedIn: Dan Hockenmaier, Giovanni D'Antonio, and Ariel Serber
Forums: Hacker News, r/cursor, r/OpenAI, r/singularity, and Slashdot
| Bloomberg: |
Sources: Google is paying $2.4B for a nonexclusive license to certain Windsurf tech and hire some of its employees, but won't be taking a stake in the company — Google is hiring Windsurf Chief Executive Officer Varun Mohan and co-founder Douglas Chen, along with a small group of staffers … | The Information: |
Sources: OpenAI and Windsurf talks ended after Windsurf raised concerns over how its tech would fit into OpenAI's agreement to share tech with Microsoft — OpenAI's discussions to buy Windsurf, the maker of a popular artificial intelligence coding assistant formerly known as Codeium, have ended.
More: Livemint, The Hans India, Tech in Asia, The Decoder, The Indian Express, and Thurrott
X: @alexeheath and @theo
| Allie Garfinkle / Fortune: |
The exclusivity period for OpenAI's $3B offer to acquire coding startup Windsurf, entered into in May, has expired — The exclusivity period on OpenAI's $3 billion offer to acquire coding startup Windsurf has expired, an OpenAI spokesperson told Fortune. — The expiration of the exclusivity … | Financial Times: |
Sources: xAI prepares a new fundraising round, its third in two months, targeting a valuation of $170B to $200B, up 10x from its May 2024 valuation of $18B — Grok chatbot maker in early talks with investors to boost its value as much as 10 times from last year
More: Cryptopolitan, Toronto Star, StrictlyVC, Benzinga, Reuters, SiliconANGLE, WinBuzzer, Yahoo Finance, and NewsMax.com
Bluesky: @kbsutt, @dmnd.me, @caseynewton, @skeet.best, @kingkool68.com, @wilkos, @jentrification.com, @doghousereilly, @b1gd1ll, @richburroughs.dev, @billthepony, @creamcityjw, @joshuaerlich, @self.agency, and @wagatwe.com. Mastodon: @carnage4life@mas.to. Threads: @simondowens
| Maxwell Zeff / TechCrunch: |
Sam Altman announces another delay for OpenAI's open-weight model, for further safety testing; the model was slated to be released next week — OpenAI CEO Sam Altman said Friday the company is delaying the release of its open model, which was already pushed back a month earlier in this summer.
More: Moneycontrol, Cryptopolitan, Business Insider, Livemint, The Decoder, The Economic Times, Benzinga, and Tech in Asia
Bluesky: @quinnypig.com. X: @sama, @_aidan_clark_, @fadalaudza_, @ai_for_success, @sog_on_bird_app, @n30n_41, @miles_brundage, @scaling01, @generatorman_ai, @traskjd, @lidothegreat, @kalomaze, @daniel_mac8, @angaisb_, @dee_bosa, @david_kasten, @jachiam0, @cryptopunk7213, @deliprao, and @lukeolympus
Forums: Hacker News and r/singularity
| Reuters: |
More: South China Morning Post, The Decoder, The Hans India, Simon Willison's Weblog, Tech in Asia, VentureBeat, MarkTechPost, and WinBuzzer
X: @kimi_moonshot, @awnihannun, @yuchenj_uw, @teknium1, @reach_vb, @ai_for_success, @chetaslua, @youjiacheng, @aibattle_, @yulun_du, @ivanfioravanti, @elaina43114880, @zxytim, @crystalsssup, @pigeon__s, @chetaslua, @jasonbotterill3, @shalev_lif, @phill__1, @roteksong, @testingcatalog, @victormustar, @prashant_1722, @zrdianjiao, @khazzz1c, @cedric_chee, @chetaslua, @airesearch12, @youjiacheng, @khazzz1c, @cedric_chee, @test_tm7873, and @deedydas. Forums: r/singularity
| Tripp Mickle / New York Times: |
Nvidia's rise after ChatGPT's release is reminiscent of dot-com era titans like Cisco and Juniper; Cisco's share price grew over 1000x between 1990 and 2000 — The A.I. chip maker reached the landmark before Apple and Microsoft, as its value rose more than tenfold after ChatGPT's release in late 2022.| Gregorio Sorgi / Politico: |
The European Commission drops plans to impose a digital tax on tech giants in its upcoming 2028-2034 budget proposal, amid ongoing EU-US trade negotiations — BRUSSELS ― The European Commission has dropped plans to levy a tax on digital companies, a move that hands victory to Donald Trump …
More: Financial Times, Reuters, The European Union, and Politico
Forums: r/EU_Economics, r/europeanunion, and r/worldnews
| Kurt Wagner / Bloomberg: |
Meta has completed a deal to acquire AI voice technology startup PlayAI, and the “entire PlayAI team” is set to join Meta next week, per an internal memo — The “entire PlayAI team” is set to join Meta next week, according to an internal memo that was reviewed by Bloomberg.| Cecilia D'Anastasio / Bloomberg: |
Studios like Do Big are buying Roblox games for $1M+ in a thriving secondary market; Naavik: seven of the 15 highest-earning games in June have been acquired — Game service spawns a busy after market for the most-popular titles … It sold a few months later for more than $3 million.| SemiAnalysis: |
A look at Meta's revamped GenAI strategy, as Mark Zuckerberg poaches top AI talent for the Superintelligence team with a typical offer of $200M over four years — Meta's shocking purchase of 49% of Scale AI at a ~$30B valuation shows that money is of no concern for the $100B annual cashflow ad machine.
X: @mjolley22, @staysaasy, @lefttailguy, and @blader
| Kelcee Griffis / Bloomberg: |
T-Mobile has received FCC and DOJ approval for its $4.4B acquisition of US Cellular, after agreeing to phase out DEI programs to comply with FCC policy — The approval comes after T-Mobile committed to eliminating diversity and inclusion programs to win the favor of the commission.| Zach Vallese / CNBC: |
A New Hampshire court rejected TikTok's request to dismiss the state AG's suit accusing the company of using manipulative design features aimed at kids — A judge this week rejected TikTok's attempt to dismiss a lawsuit by the state of New Hampshire accusing it of using manipulative design features aimed at children and teens.| The Economic Times: |
Analysis: YC picked just four Indian startups in 2024 vs. 66 in 2021, amid a growing trend of startups shifting their parent entities to India for domestic IPOs — Y Combinator's selection of Indian startups has decreased significantly. This decline is attributed to factors …
LinkedIn: Tanishka Dubey and Ramesh Loganathan
| Natalia Kniazhevich / Bloomberg: |
PitchBook: 27 VC-backed companies went public in the US in the first half of 2025, the smallest number in at least 10 years, raising a total of $44.4B — Venture capital-backed companies are on track for the fewest US initial public offerings in a decade, according to data provider PitchBook …
More: PitchBook
| Bloomberg: |
Sources: JPMorgan Chase told fintech companies it will start charging fees for access to customers' account data, which could drastically reshape the industry — The largest US bank has sent pricing sheets to data aggregators — which connect banks and fintechs — outlining the new charges …
More: American Banker, The Information, and Reuters
Bluesky: @wdzepper, @geoffbelknap, @quinnypig.com, and @itsterrymcd
Forums: r/MonarchMoney and r/coastFIRE
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