| 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| 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 … | 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 … | Anthropic: |
Anthropic releases Claude Opus 4.1 to paid Claude users, in Claude Code, via its API, and more, featuring broad improvements over Opus 4 for the same cost — Today we're releasing Claude Opus 4.1, an upgrade to Claude Opus 4 on agentic tasks, real-world coding, and reasoning.| 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| 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.| Jay Peters / The Verge: |
Google DeepMind releases its Genie 3 model, which can generate 3D worlds from a prompt and has enough visual memory for a few minutes of continuous interaction — AI world models have many limitations, but Genie 3 offers improvements like real-time interaction and better memory.| 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 … | 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 … | 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| Kelly Lawler / USA Today: |
| Reuters: |
Sources: Intel's 18A process yield has remained low, with only ~5% of its Panther Lake 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 … | 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.| Emma Roth / The Verge: |
WhatsApp adds a new “safety overview” that appears in new group chats, including info on the group and when it was created, to help protect users from scams — The overview will contain information about when the group was created, who invited you, and how many members it has.| 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.| John Herrman / New York Magazine: |
Search-engine optimization feels dated as marketers look to generative-engine optimization, or GEO, which focuses on tricking AI chatbots rather than Google — Search-engine optimization now feels dated. Generative-engine optimization is all about trying to trick AI chatbots.| The Information: |
Internal email: Cognition offers buyouts to its ~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 … | Bloomberg: |
US DOT Secretary Sean Duffy proposes a rule change to let commercial drones fly beyond an operator's line of sight, a boon for Walmart and Alphabet's Wing — Takeaways by Bloomberg AI — Hide … Tell us how AI is shaping your news experience. Share your feedback| Yazhou Sun / Bloomberg: |
Netherlands-based dronemaker Destinus agrees to acquire Zurich-based Daedalean, which develops ML autopilot software for aviation, for ~$223M in cash and stock — Takeaways by Bloomberg AI — Hide … Tell us how AI is shaping your news experience. Share your feedback| 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.| 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 … | Reece Rogers / Wired: |
OpenAI releases gpt-oss-120b and gpt-oss-20b, its first open-weight models since GPT-2; the smaller model can run locally on a consumer device with 16GB+ of RAM — The models, gpt-oss-120b and gpt-oss-20b, represent a major shift for the AI company. — OpenAI just dropped its first open-weight models in over five years.| Min Jeong Lee / Bloomberg: |
Filings: SoftBank increased its Nvidia stake to ~$3B in Q1 and bought ~$330M worth of TSMC stock; source: Vision Fund monetized almost $2B of assets in H1 2025 — Takeaways by Bloomberg AI — Hide … Tell us how AI is shaping your news experience. Share your feedback| Michael J. de la Merced / New York Times: |
NYC-based sales automation 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.| Tage Kene-Okafor / TechCrunch: |
Spend management startup Alaan raised a $48M Series A led by Peak XV, one of the Middle East's largest Series A rounds for a fintech, after a $2.5M seed in 2021 — When Parthi Duraisamy was a consultant at McKinsey's Dubai office, he discovered that the American Express cards his company relied … | Kevin Breuninger / CNBC: |
President Trump says that he plans to announce new tariffs “on semiconductors and chips” as soon as next week “because we want them made in the United States” — - CNBC Councils — CNBC on Peacock — Join the CNBC Panel — Supply Chain Values — Select Shopping| 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: |
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| Jon Blistein / Rolling Stone: |
| Ananta Agarwal / Reuters: |
| Dina Bass / Bloomberg: |
| Lorenzo Franceschi-Bicchierai / TechCrunch: |
| Samantha Subin / CNBC: |
| Mike Wheatley / SiliconANGLE: |