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July 28, 2025, 10:35 AM
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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.
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.
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
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.
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.
Reuters:
An analysis of ~200 Shein items between April and July: prices spiked in April, settled at 12.5% above pre-tariff levels by late May, and jumped again in July  —  Evidence for the impact of Trump's trade war has shown up at the popular China-founded online retailer.
Dade Hayes / Deadline:
Imax partners with Runway AI to screen 10 films selected as finalists in the company's AI Film Festival at 10 Imax locations across the US  —  Imax is teaming with tech firm Runway to present commercial screenings of selections from the company's AI Film Festival.
More: Livemint
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
John Reed / Financial Times:
A look at India's plan to build a quantum computing hub in Amaravati, Andhra Pradesh, where IBM is in talks to develop India's most powerful quantum computer  —  Chandrababu Naidu aims to replicate success in tech hub Hyderabad to transform sleepy Andhra Pradesh

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From Mediagazer

Abbie VanSickle / New York Times:
SCOTUS rules via an emergency order that political parties are entitled to the same low-cost TV ad rates as candidates, giving an advantage to Republicans

Oliver Darcy / Status:
Sources: Fox fired Maria Bartiromo after she shared with the White House internal Fox guidance to steer clear of Trump's 2020 election claims in a July speech

CBS News:
A US federal judge allows the Pentagon to fire three Stars and Stripes journalists, ruling the government likely did not violate their First Amendment rights

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