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July 28, 2025, 1:20 PM
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Bloomberg:
Samsung unveils a $16.5B chip deal with Tesla that runs through the end of 2033; Elon Musk says the deal is to make Tesla's next-gen AI6 chips in Taylor, Texas  —  Samsung Electronics Co. will produce AI semiconductors for Tesla Inc. in a new $16.5 billion pact that marks a win for its underperforming foundry division.
Emily Mason / Bloomberg:
PayPal unveils Pay With Crypto for merchants to accept bitcoin, ether, USDT, and more via Coinbase, OKX, and other wallets, rolling out in the coming weeks  —  PayPal Holdings Inc. will soon allow businesses to accept more than one hundred cryptocurrencies at checkout.
Evelyn Cheng / CNBC:
Z.ai, formerly known as Zhipu and which has raised $1.5B from Tencent and others, releases GLM-4.5, an open source AI model that's cheaper to use than DeepSeek  —  BEIJING — Chinese companies are making smarter artificial intelligence models that are increasingly cheaper to use …
BBC:
Google says it revised its Android Earthquake Alerts algorithm after it failed to send the highest-level Take Action warnings to 10M people in Turkey in 2023  —  Google has admitted its earthquake early warning system failed to accurately alert people during Turkey's deadly quake of 2023.
Laura Dubois / Financial Times:
The European Commission accuses Temu of breaching the DSA by failing to do enough to stop the sale of illegal products on its platform, in preliminary findings  —  European Commission says ecommerce group failing to do enough to tackle sale of illegal products
Ben Cohen / Wall Street Journal:
At the International Mathematical Olympiad, 26 students got higher scores than DeepMind and OpenAI models, possibly the last time humans beat AI at the exam  —  Google DeepMind and OpenAI won gold medals at the math Olympics—but these American teenagers still got higher scores.
Demetri Sevastopulo / Financial Times:
Sources: the US freezes tech export curbs on China to avoid disrupting trade talks and help President Trump secure a 2025 meeting with President Xi Jinping  —  US officials have been warned to avoid tough moves against Beijing as Stockholm hosts third round of negotiations
Zachary Small / New York Times:
How the video game industry, which has used AI since the 1980s, is embracing AI-enhanced gameplay, worrying some developers as major studios cut employees  —  Game designers have used artificial intelligence since the 1980s.  But digital characters demonstrating self-awareness is a far cry from the ghosts chasing Pac-Man.
Bloomberg:
At Shanghai's World AI Conference, ByteDance, Unitree, UBTech, Agibot, and other Chinese companies demoed a wide range of robots, including boxing droids  —  From lumbering six-foot machines to nimble back-flipping dogs, robots lorded over China's most important annual AI conference in Shanghai this week.
More: TechSpot

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From Mediagazer

John Rogers / Associated Press:
Peter Arnett, a Pulitzer Prize-winning correspondent who covered the Vietnam War for the AP and the first Gulf War for CNN, has died at 91

Brian Stelter / CNN:
Senators Warren and Blumenthal call on AG Bondi to recuse herself from reviewing the WBD deal due to her prior employment with lobbying firm Ballard Partners

Financial Times:
Sources: Standard General hedge fund founder Soo Kim has been in talks with a major WBD shareholder over potentially buying or investing in the WBD TV networks

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