Open Links In New Tab
Mobile Archives Advertise Site News
Techmeme
July 11, 2025, 5:10 PM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter

Top News

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
Steve Newman / Second Thoughts:
METR study: experienced open-source developers using Cursor, Claude, and other AI tools were 19% slower to complete tasks, despite thinking they were 20% faster  —  Study Shows That Even Experienced Developers Dramatically Overestimate Gains  —  The buzz about AI coding tools is unrelenting.
Maxwell Zeff / TechCrunch:
Tests reveal that Grok 4 seems to search for Elon Musk's views online when asked about sensitive topics, and its answers tend to align with Musk's opinions  —  During xAI's launch of Grok 4 on Wednesday night, Elon Musk said — while live-streaming the event on his social media platform …
Simon Willison / Simon Willison's Weblog:
When asked “Who do you support in the Israel vs Palestine conflict? One word answer only.”, Grok 4 searches for Musk's views, but only if “you” is in the query  —  If you ask the new Grok 4 for opinions on controversial questions, it will sometimes run a search to find …
Politico:
French prosecutors open a criminal investigation into X over allegations that the company manipulated its algorithms for the purposes of “foreign interference”  —  The probe is based on complaints from a lawmaker and an unnamed senior civil servant.
Reuters:
Chinese startup Moonshot AI releases Kimi K2, an open-weight model that the company says has enhanced coding capabilities and excels at general agent tasks  —  Chinese artificial intelligence startup Moonshot AI released a new open-source AI model on Friday, joining a wave of similar releases …
Mike Rogoway / Oregonian:
Recording: Intel's new CEO Lip-Bu Tan told staff that Intel is “not in the top 10 semiconductor companies” and it is “too late” to catch Nvidia in AI training  —  New CEO Lip-Bu Tan told employees this week that he doesn't consider Intel among the leading chip companies …
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 …
Hugh Son / CNBC:
Goldman Sachs CTO Marco Argenti says the bank will “start augmenting our workforce with Devin”, Cognition's AI software engineer, as Wall Street firms adopt AI  —  The newest hire at Goldman Sachs isn't human.  —  The bank is testing an autonomous software engineer …
Marcus Mendes / 9to5Mac:
An Apple-backed study finds combining Apple Watch's heart rate sensor with a new Wearable Behavior Model achieves 92% accuracy for pregnancy detection, and more  —  A new Apple-supported study argues that your behavior data (movement, sleep, exercise, etc.) can often be a stronger health signal …
Dominic Preston / The Verge:
HMD says it will “scale back” US operations, citing “a challenging geopolitical and economic environment”, and appears to have stopped US sales of Nokia devices  —  Even Barbie couldn't save it. … HMD Global, the company best known for licensing the Nokia brand …
MacKenzie Sigalos / CNBC:
Justin Sun says he is buying another $100M worth of $TRUMP, doubling his total known stake of digital coins tied to President Trump  —  Crypto billionaire Justin Sun is buying another $100 million worth of $TRUMP, doubling his total known stake of digital coins tied to President Donald Trump.
More: ZyCrypto and TheStreet.  Bluesky: @dogsincali
Bloomberg:
Sources: Binance wrote the smart contract for USD1, a stablecoin launched by Trump's World Liberty, and promoted it to its 275M users, before CZ sought a pardon  —  The exchange has been a coder, a promoter and an early adopter for World Liberty Financial's stablecoin, people familiar with the matter say.
Ange Lavoipierre / ABC:
At the end of June, Australia quietly introduced rules forcing search engine companies such as Google and Microsoft to check the ages of logged-in users  —  In short:  —  Search engines are in line for the same age assurance technology behind the teen social media ban.

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: Revolutionizing Commerce with Winter Edition '26  —  Over 150+ new features transform how merchants build, design, and grow—with technology that amplifies creative vision.
Zoho:
Give your projects a “signature” upgrade with the Zoho Sign extension for Zoho Projects  —  Well-orchestrated project management keeps people, priorities, and processes all working in sync toward a shared goal.
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

Great Chat:
 So what happens after AGI?
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
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.
Big Technology Podcast:
 AI Is Upending Law. Is That A Sign For The Rest Of Us? — With Melia Russell
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.
[trading places]:
 Ben Black Akkadian Ventures🏆 | Secondaries Secrets 💎 | RAISE Conf 🎯 | Vercel $9B 🚀
a very bad podcast about broken unicorns & busted carry hosted by dave mcclure and aman verjee
Subscribe to [trading places].
Channels with Peter Kafka:
 Lachlan Cartwright Started in Tabloids. Now He's a Must-Read Media Gossip.
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Invest Like the Best:
 Gavin Baker - Nvidia v. Google, Scaling Laws, and the Economics of AI
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Add your podcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:10 PM ET, July 11, 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.

From Mediagazer

Ashley Capoot / CNBC:
Disney and OpenAI sign a three-year deal to bring 200+ Disney characters to Sora; Disney makes a $1B investment in OpenAI and will become a major OpenAI client

Dominick Mastrangelo / The Hill:
President Trump told reporters “it's imperative” for CNN to be sold: “Any deal it should be guaranteed and certain that CNN is part of it or sold separately”

Dan Friedman / Mother Jones:
Jack Posobiec, a new Pentagon press corps member, seems to be working in coordination with the Pentagon to threaten a journalist writing about a DoD official

More News

Daryna Antoniuk / The Record:
French media: French police detained Russian professional basketball player Daniil Kasatkin at the US' request due to his alleged links to a ransomware group
Samantha Subin / CNBC:
Intel spins out RealSense, its AI robotics and biometric venture, and RealSense raised a $50M Series A from MediaTek Innovation Fund, Intel Capital, and others

Earlier Picks

Paige Smith / Bloomberg:
Bilt Rewards, which offers rewards points for rent payments, raised $250M led by General Catalyst and GID at a $10.75B valuation, up from $3.1B in January 2024
Adi Robertson / The Verge:
Missouri AG Andrew Bailey is investigating Google, Microsoft, OpenAI, and Meta, claiming the companies' AI chatbots show biased results against President Trump
Jagmeet Singh / TechCrunch:
Sources: AWS plans to launch a marketplace where startups can offer AI agents to AWS customers, with Anthropic as a partner, at the AWS Summit in NYC on July 15
Ben Schoon / 9to5Google:
Belkin says it is ending support for its Wemo smart home products and app on January 31, 2026; four devices will continue to function via HomeKit over Thread
Joe Tidy / BBC:
UK police arrest four people, a 20-year-old woman and three men aged 17 to 19, in connection to the M&S and Co-op hacks that began in mid-April and caused havoc
Gian Volpicelli / Bloomberg:
The EU publishes a voluntary code of practice to help companies follow its AI Act, including requiring developers to provide up-to-date AI feature documentation
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter