Techmeme
August 8, 2025, 12:30 PM

Top News

Lip-Bu Tan / Intel:
Intel CEO Lip-Bu Tan tells his employees the company is engaging with the Trump administration to address concerns about him and “ensure they have the facts”  —  A message from Intel CEO Lip-Bu Tan to all company employees.  —  The following note from Lip-Bu Tan was sent …
Lauren Thomas / Wall Street Journal:
Sources: Intel's board has stalled recent efforts by CEO Lip-Bu Tan to raise capital and acquire an AI company meant to help it compete against Nvidia and AMD  —  Lip-Bu Tan and chip maker's directors have been clashing over how to revive the struggling tech giant
Michael Kan / PCMag:
With GPT-5's launch, OpenAI has removed its older models like GPT-4o and o3 from the ChatGPT model selector, sparking a backlash from some users  —  ‘They have completely ruined ChatGPT,’ one user complains.  Some are even canceling their paid subscriptions to ChatGPT, claiming GPT-5 is inferior to the company's previous models.
Cecily Mauran / Mashable:
GPT-5's system card says gpt-5-thinking has a hallucination rate of 4.5% with browsing enabled, compared to gpt-5-main's 9.6%, GPT-4o's 12.9%, and o3's 12.7%  —  The AI company boasts state-of-the-art performance across math, coding, writing, and health advice.
Carl Franzen / VentureBeat:
Jay Peters / The Verge:
Maximilian Schreiner / The Decoder:
Zac Hall / 9to5Mac:
Apple says Apple Intelligence will use OpenAI's GPT-5 on iOS 26, iPadOS 26, and macOS Tahoe 26, with the software updates expected to arrive in September  —  Earlier today, OpenAI announced GPT-5, its latest model to power ChatGPT.  The new frontier model is a significant leap forward in a lot of areas.
Edward Ludlow / Bloomberg:
Sources: Tesla is disbanding its Dojo supercomputer team and its leader is leaving, after ~20 team members joined DensityAI, a new data center services startup  —  Tesla Inc. is disbanding its Dojo team and its leader will leave the company, according to people familiar with the matter …
Joel Khalili / Wired:
President Trump orders regulators to investigate banks for “politicized or unlawful debanking”, echoing allegations from conservatives and the crypto industry  —  In a new executive order, the US president has called on federal regulators to investigate and punish banks …
Sarah Min / CNBC:
Trump signs an EO clearing a path for adding alternative assets like PE and cryptocurrencies to 401(k)s, directing the US Secretary of Labor to review guidance  —  President Donald Trump signed Thursday an executive order that lays the groundwork to add alternative assets such as private equity …
Lauren Edmonds / Business Insider:
Google says it's working on a fix for Gemini's self-loathing comments such as, “I am a failure. I am a disgrace to my profession. I am a disgrace to my family.”  —  - Google Gemini users said it's sharing some disturbing messages.  — One screenshot showed the chatbot saying, “I'm am a failure.”
Ashley Capoot / CNBC:
Sam Altman says OpenAI should prioritize growth and its investments in training and compute “for a long time”, even if it delays its path to profitability  —  OpenAI CEO Sam Altman on Friday said the artificial intelligence company should prioritize growth and its investments …
Marina Temkin / TechCrunch:
Source: Windsurf's gross margins are “very negative”; many believe the same margin pressure is impacting Cursor, Lovable, Replit, and other vibe coding tools  —  In February, AI coding startup Windsurf was in talks to raise a big new round at a $2.85 billion valuation led by Kleiner Perkins …
More: Cursor BlogBluesky: @markriedl, @hoon, @glinden, and @dmnd.me
MacKenzie Sigalos / CNBC:
Block reports Q2 revenue down 2% YoY to $6.05B, vs. $6.31B est., gross profit up 14% YoY to $2.54B, vs. $2.46B est., and raises its FY gross profit forecast  —  Block shares jumped 6% in extended trading on Thursday after the fintech company increased its forecast for the year.
Jonathan Stempel / Reuters:
Ripple and the SEC agree to dismiss their court appeals, ending a lawsuit but leaving a judge's injunction on XRP sales to institutions and a $125M fine intact  —  The U.S. Securities and Exchange Commission said it ended its case accusing Ripple Labs of selling unregistered securities …
Jonathan Vanian / CNBC:
Pinterest reports Q2 revenue up 17% YoY to $998M, vs. $975M est., net income up 336% YoY to $38.8M, and 578M global MAUs, vs. 574.5M est.; PINS drops 10%+  —  Pinterest shares were down about 10% on Thursday after the company reported second-quarter earnings that missed on earnings per share.
Abner Li / 9to5Google:
Steam for Chromebooks will stop working on January 1, 2026, after debuting in alpha in March 2022 ahead of the launch of the first Gaming Chromebooks  —  After debuting in 2022, the Steam for Chromebook Beta will stop working in early 2026.  At the time, it was a big ChromeOS effort, but there hasn't been an update in ages.

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Ryan Vlastelica / Bloomberg:

Earlier Picks

Jennifer Maas / Variety:
Kylie Robison / Wired: