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August 9, 2025, 12:00 PM
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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.
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 …
Jon Brodkin / Ars Technica:
Advocates for net neutrality say they won't appeal a ruling against the policy, saying they don't trust the US Supreme Court to rule fairly on the issue  —  Advocacy groups that tried to defend federal net neutrality rules in court won't file an appeal, saying they don't trust the Supreme Court to rule fairly on the issue.
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.
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.
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.
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.
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

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From Mediagazer

Katie Deighton / Wall Street Journal:
WME is selling sports marketing agency 160over90 to Publicis Groupe for, sources say, $500M+; WME bought the agency in 2018 for about $200M

Erik Wemple / New York Times:
Judges have now cited verbal attacks on the press by Trump and appointees when ruling against the US government in at least three cases involving news outlets

The Intercept:
In an amicus brief, 42 media outlets and advocates argue Trump's EO targeting some law firms restricts media access to pro bono and inexpensive legal counsel

More News

Rishaj Upadhyay / Windows Report:
Microsoft will phase out its Lens scanner app, launched in 2014 as Office Lens, starting in September; users can create new scans in the app only until December
Mat Di Salvo / Decrypt:
Coinbase rolls out DEX trading in its app for US users, excluding New York state, starting with assets on the Base network, with Solana support “coming soon”

Earlier Picks

Aisha Malik / TechCrunch:
Google is testing an AI-powered Google Finance website in the US, letting users ask questions, access advanced charting tools, view a live news feed, and more
Ryan Vlastelica / Bloomberg:
Trade Desk's stock drops 35%+ after the company's latest earnings and projections heightened concerns about its growth prospects amid Amazon's ad-tech threat
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
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