| Reuters: |
At a supply chain expo in Beijing, Jensen Huang calls AI models from DeepSeek, Alibaba, and Tencent “world class” and says AI is “revolutionizing” supply chains — Nvidia (NVDA.O) CEO Jensen Huang described artificial intelligence models from Chinese firms Deepseek … | Eleanor Olcott / Financial Times: |
In Beijing, Jensen Huang says Nvidia will “accelerate the recovery” of its China chip sales and he expects its US export licenses “to come through very shortly” — Jensen Huang tells Beijing press conference it takes nine months to restart supply chain| Reuters: |
| Kylie Robison / Wired: |
Sources: OpenAI researcher Jason Wei, who worked on o3 and deep research models, and his colleague Hyung Won Chung are joining Meta's new superintelligence lab — Jason Wei, who worked on OpenAI's o3 and deep research models, will be joining Meta's superintelligence lab.| The Information on YouTube: |
| Casey Newton / Platformer: |
xAI's Grok is rated for kids age 12 and up in the iOS App Store, despite adding “companions”; one includes an NSFW “Bad Rudy” mode and the other becomes NSFW — AI companions are arriving faster than platforms can build guardrails around them. Parents need to pay attention| Arjun Kharpal / CNBC: |
ASML reports Q2 net sales of €7.7B, net income of €2.29B, and net bookings of €5.5B, above €4.19B est., as tariffs have a “less negative” impact than expected — ASML on Wednesday warned of the possibility of no growth in 2026, even as it beat top and bottom line expectations for the second quarter.| Mauro Orru / Wall Street Journal: |
ASML CEO Christophe Fouquet says “while we still prepare for growth in 2026, we cannot confirm it”, after Trump threatened 30% tariffs on the EU; ASML falls 9%+ — Statement from Dutch chip-making equipment supplier comes days after Trump's 30% levy threat against the EU| Chris Welch / Bloomberg: |
Google announces a Pixel event on August 20 in New York, with four new smartphones and a new watch expected — Alphabet Inc.'s Google will debut new Pixel-branded hardware at an event on Aug. 20 in New York, with the lineup expected to include several smartphones and a smartwatch … | Bloomberg: |
Scale AI says it is laying off 200 full-time employees, or ~14% of its global workforce, and will stop working with 500 contractors, after Meta invested $14.3B — The AI data-labeling company is laying off 200 full-time employees and will stop working with 500 contractors.| Rachyl Jones / Semafor: |
AWS rolls out Amazon Bedrock AgentCore in preview to help businesses deploy and operate AI agents that analyze internal data, write code, and handle other tasks — Amazon Web Services on Wednesday launched a platform to help businesses build a web of connected AI agents to analyze internal data … | Jonathan Greig / The Record: |
Google says its Big Sleep AI agent for finding unknown software vulnerabilities recently discovered a critical SQLite flaw that “was at risk of being exploited” — Google said a large language model it developed to find vulnerabilities recently discovered a bug that hackers were preparing to use.| Aisha Malik / TechCrunch: |
Google Search's AI Mode gets Gemini 2.5 Pro and new deep research capabilities; Google also expands an AI-powered business calling feature to all users in US — Google is rolling out an agentic AI-powered business calling feature to all users in the United States, the company announced on Wednesday.| Zac Bowden / Windows Central: |
Microsoft begins testing a Windows 11 feature for sharing the entire desktop with Copilot Vision; it requires first entering a special mode in the Copilot app — First announced earlier this year, sharing your desktop with Copilot on Windows 11 is now in testing with insiders across all preview channels.| Chris Prentice / Reuters: |
The US House clears a key procedural hurdle on cryptocurrency legislation after Trump intervened, setting the stage for likely passage of several crypto bills — The Republican-controlled U.S. House of Representatives cleared a key procedural hurdle Wednesday, setting the stage for likely passage … | Erin Doherty / CNBC: |
| Joseph Menn / Washington Post: |
CrowdStrike: Chinese hacking attacks on US targets more than doubled from 2023 to 330+ incidents in 2025; US officials say China has shifted to hacking-for-hire — American officials say new economic model for offense has fueled spying attacks by government agencies that have more than doubled.| Meaghan Tobin / New York Times: |
China, which pledged $8.5B for young AI startups in April, is taking an industrial policy approach to help its AI companies close the gap with those in the US — Beijing is taking an industrial policy approach to help its A.I. companies close the gap with those in the United States.| Financial Times: |
Sources: OpenAI aims to integrate a checkout system into ChatGPT, to ensure users complete transactions within the platform, with merchants paying a commission — Artificial intelligence start-up has shown brands a prototype of its new checkout feature — OpenAI plans to take a cut … | Stephanie Palazzolo / The Information: |
| Pat Gelsinger / Wall Street Journal: |
Intel's former CEO backs President Trump's proposed sovereign wealth fund to secure US leadership in quantum, AI, and chips as an alternative to China's capital — It isn't an attempt to surmount market forces but to offer an alternative to adversaries' capital.| IDC: |
In Q2 2025, smartphone shipments in China fell 4% YoY to 69M; Huawei reclaimed the top spot after over four years with an 18.1% share, followed by Vivo's 17.3% — Worldwide Quarterly Mobile Phone Tracker, China's smartphone market shipped 69.0 million units in 2Q25, marking a 4.0% year-on-year (YoY) decline.| Maxwell Zeff / TechCrunch: |
In a paper, AI researchers from OpenAI, Google DeepMind, Anthropic, and others recommend “further research into chain-of-thought monitorability” for AI safety — AI researchers from OpenAI, Google DeepMind, Anthropic, and a broad coalition of companies and nonprofit groups … | Isabelle Bousquette / Wall Street Journal: |
Airbus' Acubed and Google spinout SandboxAQ test MagNav, a quantum-sensing navigation device and potential GPS alternative, for 150+ flight hours across the US — With GPS increasingly vulnerable to tampering, planes need more reliable navigation systems. The magnetic pull in the Earth's crust could offer a novel solution.| Reuters: |
Sources: Chinese AI startup MiniMax files confidentially for a Hong Kong IPO, targeting a $4B+ valuation and aiming to raise $510M+, set to float by 2025's end — Chinese AI startup MiniMax has filed confidentially for a Hong Kong initial public offering, targeting a valuation of over $4 billion … | Leo Schwartz / Fortune: |
New York-based Talos, which develops digital asset trading infrastructure, says it acquired blockchain data provider Coin Metrics, a source says for over $100M — Talos cofounders Ethan Feldman (L) and Anton Katz (R) — COURTESY OF TALOS — M&A season in the crypto industry is heating up.
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| Molly Schuetz / Bloomberg: |
| Naga Avan-Nomayo / The Block: |
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| Jennifer Maas / Variety: |