Techmeme
July 22, 2025, 1:10 AM

Top News

Wall Street Journal:
Sources: Stargate has struggled to get off the ground and sharply scaled back its near-term plans, as SoftBank and OpenAI disagree on crucial terms of the deal  —  The Stargate venture, introduced at White House event, is now setting the more modest goal of building a small data center by year-end
Google DeepMind:
Google says an advanced version of Gemini with Deep Think won gold at the International Mathematical Olympiad, solving 5 of 6 “exceptionally difficult” problems  —  The International Mathematical Olympiad ("IMO") is the world's most prestigious competition for young mathematicians, and has been held annually since 1959.
Reuters:
OpenAI and the UK government announce a partnership to explore AI use in justice, defense, security, and edtech, and possibly expand OpenAI's London office  —  Britain and ChatGPT maker OpenAI have signed a new strategic partnership to deepen collaboration on AI security research …
Kylie Robison / Wired:
Leaked memo: CEO Dario Amodei told staff Anthropic plans to seek UAE and Qatar funding, likely enriching “dictators”, says a “no bad person” rule is impractical  —  “Unfortunately, I think ‘No bad person should ever benefit from our success’ is a pretty difficult principle …
CoinDesk:
Crypto custody company BitGo confidentially files for a US IPO; it raised $100M at a $1.75B valuation in August 2023  —  The crypto custodian submitted a confidential U.S. listing as interest in public crypto stocks heats up.  —  What to know:  — BitGo confidentially filed to go public …
Bloomberg:
Niket Nishant / Reuters:
Figma plans to sell nearly 37M shares to raise up to $1.03B, pricing its shares between $25 and $28 each, giving it an up to $16.4B valuation in its NYSE debut  —  Figma is targeting a fully-diluted valuation of up to $16.4 billion in its initial public offering, as the cloud-based design …
Bloomberg:
Polymarket says it is buying little-known derivatives exchange QCX, in a move to legally re-enter the US market; a source says Polymarket will pay $112M  —  Polymarket, the crypto-betting platform that was kicked offshore by federal regulators, has struck a deal to return to the US market …
Andy Greenberg / Wired:
Researchers: at least 750 US hospitals faced disruptions on the day of last year's big CrowdStrike outage, and 200+ had outages related to patient care services  —  Of those, more than 200 appear to have had outages of services related to patient care following CrowdStrike's disastrous crash, researchers have revealed.
Kylie Robison / Wired:
In her first note to staff, OpenAI's incoming CEO of Applications, Fidji Simo, lays out an optimistic vision for how AI will change the world  —  Soon-to-be former Instacart CEO Fidji Simo sent a memo to OpenAI staff Monday laying out her vision for how AI will change the world.

Sponsor 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.
Equals:
Stop vibe coding analytics  —  Equals AI turns questions about your business into auditable spreadsheet models and dashboards.  Build once, iterate for years.
Zoho:
Stay audit-ready with email journaling in Zoho Mail  —  Emails continue to be the hotspot of business activity.  Decisions, approvals, conversations, obligatory birthday wishes, and everything in between passes through it.
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.

Featured Podcasts

Grit:
The Sales Framework Every Founder Needs | Mark Roberge
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
How tech workers actually feel about AI in 2026 | Annual AI sentiment survey (Noam Segal)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
OpenAI Finally Ships Its Superapp, Meta's AI Price War, ChatGPT Cheating At Brown
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.
The Upstarts Podcast:
Radical AI's Joseph Krause: The Scientist Building The 'Waymo' Lab For New Materials
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.
Hard Fork:
Do Social Media Bans Work? + A Conversation About A.I. Consciousness + Tool Time
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.
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.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:10 AM ET, July 22, 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.

More News

Jay Peters / The Verge:

Earlier Picks

Emilio Parodi / Reuters:
Wall Street Journal:
Financial Times: