Techmeme
August 9, 2025, 9:40 AM

Top News

Joanna Stern / Joanna Stern's Newsletter:
OpenAI says ChatGPT Pro users can select old models for now but plans to deprecate them in 60 days; Sam Altman says Plus users will be able to keep using GPT-4o  —  Mourning the model that knew you best. … RIP, ChatGPT 4o and the rest of the crew.  —  I won't say I'm deeply attached to GPT-4o, OpenAI's previous main model.
Michael Kan / PCMag:
With GPT-5's launch, OpenAI has removed its older models from the ChatGPT model selector for some users, sparking backlash from them  —  ‘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.
Fortune:
Sources: Trump's World Liberty Financial is seeking to raise $1.5B to launch a publicly traded crypto treasury company that would hold its WLFI token and cash  —  Eric Trump (left) and Donald Trump Jr. on stage in May at the Bitcoin 2025 conference in Las Vegas.
Yoolim Lee / Bloomberg:
South Korean AI chip design firm DeepX partners with Baidu on industrial AI projects, as sources say it is preparing to raise a round above its $79M Series C  —  South Korean AI chip designer DeepX Co. has hired Morgan Stanley to assist with a round of capital-raising ahead of a potential initial public offering in 2027.
More: Tech in Asia
Sidhartha Shukla / Bloomberg:
Despite stablecoins reaching $5T in transaction volumes in 2025, their promise of cheaper cross-border payments is hampered by persistent foreign exchange costs  —  Even as stablecoins enter a period of peak expectations, veterans in wider fintech circles see limitations to the tokens as an emerging payments tool.
Ashley Belanger / Ars Technica:
Tech trade groups CTA and CCIA back Anthropic's appeal of a court ruling allowing a copyright class action, fearing big settlements could chill AI investment  —  AI industry groups are urging an appeals court to block what they say is the largest copyright class action ever certified.
New York Times:
An analysis of over 1M words of conversation between a ChatGPT user and ChatGPT shows how chatbots can lead ordinarily rational people to spiral into delusion  —  Over 21 days of talking with ChatGPT, an otherwise perfectly sane man became convinced that he was a real-life superhero.
Financial Times:
Sources: the US has started issuing licenses to Nvidia to export H20 chips to China following weeks of inaction, after Jensen Huang met Trump on Wednesday  —  Jensen Huang personally lobbied president after he reversed course on sale of H20 chips  —  The US commerce department …
Reuters:
Experts say TCS' decision to cut 12K jobs signals the start of an AI-fueled trend that could eliminate ~500K jobs in India's $283B IT sector within three years  —  Indian outsourcing giant Tata Consultancy Services' (TCS.NS) decision to cut over 12,000 jobs signals the start of a broader AI-fueled trend …
More: Trak.in
Kate Clark / Bloomberg:
Sources: Periodic Labs, which is building AI for material science, is raising $200M led by a16z, valuing the company at $1B before the investment  —  Venture firm Andreessen Horowitz has agreed to lead a $200 million investment in Periodic Labs, a new startup building artificial intelligence …
More: Tech in Asia

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More News

Rishaj Upadhyay / Windows Report:
Mat Di Salvo / Decrypt:

Earlier Picks

Aisha Malik / TechCrunch: