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July 13, 2025, 2:15 PM
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memeorandum
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| Wall Street Journal: |
Sources: SpaceX has agreed to invest $2B in xAI, as part of xAI's $5B equity fundraise announced by Morgan Stanley last month — The startup is leaning on Musk's business empire to play catch-up in the AI race — Elon Musk's SpaceX has agreed to invest $2 billion in xAI …
More: TechCrunch, Reuters, Barron's Online, TESLARATI, Cryptopolitan, The Information, The Decoder, Capital Brief, and Yahoo Finance
Bluesky: @mmasnick, @standplaatskrk.pl, @marypcbuk, and @prietschka
| Mark Gurman / Bloomberg: |
With Tim Cook likely to lead Apple through this decade, a look at Apple's executive succession challenges as many of Cook's direct reports near retirement age — Also: The company is scaling back the iOS 26 Liquid Glass revamp; a look at upcoming devices; and Meta poaches Apple's top AI models executive.| Michael Nuñez / VentureBeat: |
Moonshot's Kimi K2 uses a 1T-parameter MoE architecture with 32B active parameters and outperforms models like GPT-4.1 and DeepSeek-V3 on key benchmarks — Moonshot AI, the Chinese artificial intelligence startup behind the popular Kimi chatbot, released an open-source language model on Friday …
More: Moonshot AI on GitHub, Moonshot AI on GitHub, The Decoder, South China Morning Post, Tech in Asia, and MarkTechPost
Bluesky: @timkellogg.me. X: @crystalsssup, @igor9silva, @brianmcc, @yeshuagod22, @ft7futures, @ognevtsi, @linaqruf_, @xlr8harder, @kalomaze, @maltelandwehr, @indravahan, @elliotarledge, @nir, @intuitmachine, @krishnanrohit, @edgeoffira, @kalomaze, @willfaustcuber, @airesearch12, @marian2js, @yeshuagod22, @exocija, @koltregaskes, @natolambert, @hrishioa, @iotcoi, @fabianstelzer, @darrenangle, @rheum_ai, @teortaxestex, @teortaxestex, @maltelandwehr, @jd_pressman, @cheatyyyy, @osoleve, @dmvaldman, @buidinhngoc, @emollick, @chris_j_paxton, @kaushikktiwari, @edwinhayward, @natolambert, @teksedge, @rasbt, @davidtorcivia, @thuleanfuturist, @xlr8harder, @teortaxestex, @designarena_ai, @kaushikktiwari, @aiamblichus, @slow_developer, @pinkddle, @fabianstelzer, @waterdoggie, @marcolinsight, @hardmaru, @adonis_singh, @andrewcurran_, @linxule, @ns123abc, @_ngenome, @openrouterai, @scaling01, @yuchenj_uw, @khazzz1c, and @khazzz1c
Forums: Hacker News and r/technology
| Jacob Silverman / The Nation: |
There's little evidence that UAE-based Aqua 1 Foundation, the largest investor in Trump's World Liberty Financial after buying tokens worth $100M, exists at all — The strange saga of a shadowy UAE company's $100 million investment in World Liberty Financial, the Trump-aligned crypto trader
More: Reuters, Forbes, Gizmodo, CoinDesk, and Cryptopolitan
Bluesky: @liz.sheshed.rocks, @robertmaguire, @thenation.com, @petertl, and @thenation.com
| Ben Jiang / South China Morning Post: |
A look at Xiaomi AI Glasses, launched in China on June 26 with a starting price of ~$278, featuring a 12MP ultra-wide camera and powered by Qualcomm's AR1 chip — The Xiaomi AI glasses are handy for hands-free photography and videography, which is ideal for situations like cycling| John Koblin / New York Times: |
YouTube and Netflix are increasingly locked in a battle over TV in the US; Nielsen: YouTube accounted for 12.5% of all TV viewing time in May and Netflix 7.5% — The two giant video companies have far different strategies, but the same goal: controlling your TV set.
More: The Indian Express, MMAmania.com, and The Economic Times
X: @rakeshsfnyc, @benmullin, and @tvgrimreaper
| Kurt Schlosser / GeekWire: |
Portola, which develops the Tolan app featuring AI companions, raised a $20M Series A led by Khosla Ventures; the app has 3M+ downloads and 100K+ paid users — GeekWire's startup coverage documents the Pacific Northwest entrepreneurial scene. Sign up for our weekly startup newsletter … | Anthony Ha / TechCrunch: |
xAI apologizes for Grok's “horrific behavior” when it wrote antisemitic posts on July 8, and blames “an update to a code path upstream of the Grok bot” — In a series of posts on X, the AI chatbot Grok apologized for what it admitted was “horrific behavior.”
More: NBC News, New York Times, PCMag, The Hill, USA Today, Engadget, The Guardian, Moneycontrol, The Economic Times, Cryptopolitan, WinBuzzer, CNN, The Post Millennial, Blaze Media, and Business Insider
Bluesky: @markriedl, @kateconger.com, @thedirte, @perfectorb, and @josh.uno. Mastodon: @rands@mastodon.social
Forums: r/technology and r/grok
| Financial Times: |
Insiders describe Linda Yaccarino's tumultuous partnership with Elon Musk and say the two failed to gel as Musk's blunt style clashed with Yaccarino's polish — Inside the former social media CEO's tumultuous partnership with the world's richest man — Hannah Murphy in San Francisco …
More: Cryptopolitan and Deadline
Bluesky: @hunterwalk.com, @mshannahmurphy, @caseynewton, and @robertscotthorton. Mastodon: @harrymccracken@mastodon …
| Simon Alvarez / Teslarati: |
Tesla rolls out Grok to some vehicles with an AMD infotainment chip; Grok comes pre-installed on new vehicles and cannot issue commands to the vehicle itself — All new Tesla vehicles delivered on or after July 12, 2025, will include Grok AI out of the box
More: The Verge, InsideEVs, CleanTechnica, EV, Android Headlines, and Electrek
Bluesky: @mmccue, @cbusguy, @glennmulno, and @zbs
| Kris Maher / Wall Street Journal: |
With Trump set to speak at an energy and AI summit at Carnegie Mellon, a look at plans to turn some shuttered mill sites in Pittsburgh into AI data centers — Two Trump visits span city's legacy industry, higher-tech pursuits — PITTSBURGH—Two months ago, President Trump stood in a cavernous … | Judy Rider / Crunchbase News: |
Parspec, whose AI-powered workflow tool automates procurement processes in the construction supply chain, raised a $20M Series A led by Threshold Ventures — Parspec, a startup using artificial intelligence to improve efficiency in the construction industry supply chain … | Derek Newton / Forbes: |
Honor Education, an e-learning service for individuals and enterprises founded by former Dean of Apple University Joel Podolny, raised a $38M Series A — I write about education, edtech and higher educat Honor Education, a skills and mindset learning platform for individuals and enterprise …
More: Honor Education, Pulse 2.0, FinSMEs, and VC News Daily
LinkedIn: Joel Podolny and Honor Education
| Kyt Dotson / SiliconANGLE: |
NYC-based Vellum, which develops enterprise development tools for building, testing, and deploying AI-powered apps, raised a $20M Series A led by Leaders Fund — Vocify Inc., also known as Vellum, a leading enterprise development platform for building, testing and deploying artificial …
More: Vellum AI, Unite.AI, The American Bazaar, Axios, VC News Daily, FinSMEs, dot.LA, and New York Business Journal
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