| Cheng Ting-Fang / Nikkei Asia: |
Sources: TSMC fires several employees for violating rules on obtaining sensitive information about its 2nm tech; TSMC says it detected “unauthorized activities” — TAIPEI — Taiwan Semiconductor Manufacturing Co. has fired several employees for violating rules … | Kathrin Hille / Financial Times: |
Taiwanese prosecutors say two ex-TSMC employees and a third suspect were arrested for allegedly stealing proprietary tech; investigators searched Tokyo Electron — Taiwanese prosecutors probe ‘potential trade secret leaks’ in first case since key technologies added to national security legislation| Bloomberg: |
White House OSTP Director Michael Kratsios says the US is exploring software or physical ways to track the location of AI chips, as part of its AI Action Plan — The US is exploring ways to equip chips with better location-tracking capabilities, a senior official said … | Wall Street Journal: |
A draft White House EO shows President Trump plans to step up pressure against big banks over alleged discrimination against crypto companies and conservatives — The president is expected to sign an executive order as soon as this week that targets so-called debanking of businesses including crypto companies| Lydia Beyoud / Bloomberg: |
The CFTC is asking for public comment by August 18 about trading spot crypto asset contracts listed on CFTC-registered futures exchanges — Takeaways by Bloomberg AI — Hide … Tell us how AI is shaping your news experience. Share your feedback — The Commodity Futures Trading Commission … | Tobias Mann / The Register: |
Google signs a deal with two power utilities to lower its power use by pausing non-essential AI workloads during demand surges or weather-based grid disruptions — Google will pause non-essential AI workloads to protect power grids, the advertising giant announced on Monday.| Sophia Fox-Sowell / StateScoop: |
Illinois Governor JB Pritzker signed a bill into law on August 1 banning the use of AI for mental health services, but allowing its use in administrative roles — Illinois Gov. JB Pritzker approved a new law banning the use of artificial intelligence systems in providing psychotherapy services.| Jordan Novet / CNBC: |
Figma's stock dropped 27.38% to $88.60 on August 4 after last week's IPO pop; its fully diluted valuation sits at ~$56B, still almost triple Adobe's 2022 offer — Figma shares dropped 27% on Monday, cutting into the gains the design software company posted after hitting the market last week.| Anthony Hughes / Bloomberg: |
| Mike Masnick / Techdirt: |
The UK's Online Safety Act shows the UK prioritized government control over improving safety, becoming a cautionary tale for democracies regulating the internet — Well, well, well. The “age assurance” part of the UK's Online Safety Act has finally gone into effect, with its age checking … | John Herrman / New York Magazine: |
SEO is being supplanted by generative-engine optimization, or GEO, which focuses on AI chatbots and does not benefit from longstanding SEO tricks — Search-engine optimization now feels dated. Generative-engine optimization is all about trying to trick AI chatbots.| Ann-Marie Alcántara / Wall Street Journal: |
Users say AI notetaking tools for meetings can misinterpret context when generating summaries or share content meant for a select audience with all participants — New note-taking software catches every word from your meetings—including the parts you didn't want the whole room to hear| Yazhou Sun / Bloomberg: |
Netherlands-based dronemaker Destinus agrees to acquire Zurich-based Daedalean, which develops ML aviation autopilot software, for $223M in cash and stock — Takeaways by Bloomberg AI — Hide … Tell us how AI is shaping your news experience. Share your feedback| The Information: |
Internal email: Cognition offers buyouts to the ~200 newly acquired Windsurf staff, with Cognition CEO Scott Wu writing “we don't believe in work-life balance” — Cognition, a two-year-old artificial intelligence coding startup last valued at $4 billion, has offered buyouts … | Min Jeong Lee / Bloomberg: |
Filings: SoftBank increased its Nvidia stake to ~$3B in Q1 and bought $330M worth of TSMC stock; a source says Vision Fund monetized ~$2B of assets in H1 2025 — Takeaways by Bloomberg AI — Hide … Tell us how AI is shaping your news experience. Share your feedback| Financial Times: |
Sources: Core Scientific's hedge fund shareholders may reject CoreWeave's all-stock merger bid, seeking better terms, as CRWV has fallen 30%+ post-announcement — Some investment funds may vote against deal unless protections are added to limit the potential downside — Unlock the Editor's Digest for free| Belle Lin / Wall Street Journal: |
ElevenLabs launches Eleven Music, letting individuals and businesses use its AI model to generate music cleared for commercial use via English-language prompts — New model allows customers to create music with AI that is cleared for commercial use. But AI-generated music still faces legal battles and stiff opposition from artists.| Mike Wheatley / SiliconANGLE: |
Google unveils Kaggle Game Arena, a benchmarking platform where AI models compete head-to-head in strategic games, starting with a chess tournament this week — The world's top performing artificial intelligence models, including OpenAI's o3 and 04-mini, Google LLC's Gemini 2.5 Pro and Gemini 2.5 Flash … | Reuters: |
Sources: Intel's 18A process is facing significant yield challenges, with only ~5% of chips meeting its specifications in late 2024 and ~10% by summer 2025 — The production process that Intel (INTC.O) hoped would pave the way to winning manufacturing deals and restore its edge in churning out high-end … | Sara Fischer / Axios: |
Patreon CEO Jack Conte says the platform paid out $10B+ to creators since its 2013 founding, creators now get $2B+ annually, and there are 25M+ paid memberships — Creators on Patreon have received more than $10 billion in payouts from fans since the company was founded in 2013, CEO and co-founder Jack Conte tells Axios.| Kevin Breuninger / CNBC: |
President Trump says on tariffs that “we're going to be announcing on semiconductors and chips” as soon as next week “because we want them made in” the US — - CNBC Councils — CNBC on Peacock — Join the CNBC Panel — Supply Chain Values — Select Shopping| Bloomberg: |
The US General Services Administration approves OpenAI, Google, and Anthropic for AI contracts with civilian federal agencies via its Multiple Award Schedule — The US government's central purchasing arm is adding OpenAI, Alphabet Inc.'s Google and Anthropic to a list of approved artificial … | Michael J. de la Merced / New York Times: |
New York-based sales tool startup Clay raised $100M led by CapitalG at a $3.1B valuation, up from $1.25B in January 2025, and expects $100M in revenue in 2025 — Investors valued the company, which describes its core user as a kind of marketing engineer, at $3.1 billion.| Globes: |
Israeli quantum computing startup QuamCore raised a $26M Series A led by Sentinel, taking its total funding to $35M, and plans to move into chip fabrication — The company has developed a fully designed and simulated architecture capable of scaling to 1 million qubits in a single cryostat.| Ian Carlos Campbell / Engadget: |
ChatGPT now offers “gentle reminders” to take breaks during long sessions and OpenAI is building tools to better detect signs of mental or emotional distress — OpenAI has announced that ChatGPT will now remind users to take breaks if they're in a particularly long chat with AI.| MacKenzie Sigalos / CNBC: |
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