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August 15, 2025, 5:20 PM
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memeorandum
WeSmirchTop News
| Alex Heath / The Verge: |
Sam Altman says OpenAI “totally screwed up some things” on the GPT-5 rollout and confirms plans to fund a brain-computer interface startup to rival Neuralink — Over dinner, OpenAI CEO's addressed criticism of GPT-5's rollout, the AI bubble, brain-computer interfaces, buying Google Chrome, and more.
More: CNBC, Wired, Bloomberg, The Register, The Verge, The Crypto Times, Futurism, The Decoder, Livemint, Crypto Briefing, Tech in Asia, iPhone in Canada, Inc.com, Business Insider, and Breitbart
Bluesky: @davidcrespo, @warnercrocker, @alexeheath.com, @adeincambodia, and @jake—k.bsky.social. Threads: @crumbler
X: @shakeelhashim and @laurengoode
Forums: r/singularity, r/OpenAI, and Slashdot
| Ina Fried / Axios: |
An interview with Sam Altman on spending billions on AI infrastructure, wanting Chrome if it's really for sale, AI models saturating the chat use case, and more — OpenAI CEO Sam Altman is still talking like the future belongs to him, a week after the rollout of the company's latest model raised …
More: Platformer, The Verge, Data Center Knowledge, Implicator.ai, Sherwood News, and Cautious Optimism
X: @stshank, @inafried, @shiringhaffary, and @verge
Forums: r/singularity and r/artificial
| Anne Trafton / MIT News: |
Researchers say they used generative AI algorithms to design novel antibiotics targeting drug-resistant Neisseria gonorrhoeae and MRSA — The team used two different AI approaches to design novel antibiotics, including one that showed promise against MRSA. — PRESS INQUIRIES
More: BBC, eWeek, BGR, Semafor, The Gateway Pundit, Euro Weekly News, and GB News
Bluesky: @emilycurates, @quinnypig.com, and @shlead
LinkedIn: Julia Chambers, Margaux Gaborieau, Adil Mohammed, Hassan Syed, and Hisham Al-Assam. Forums: r/artificial
| Sarah Perez / TechCrunch: |
Appfigures: ChatGPT's app for iOS and Android hit $2B in global consumer spending, including $1.35B so far in 2025, up 673% YoY; Grok made ~$25.6M this year — ChatGPT's mobile app is raking in the revenue. — Since launching in May 2023, ChatGPT's app for iOS and Android devices …
More: 9to5Mac, iPhone in Canada, TestingCatalog, and GreenBot
Bluesky: @fry69.dev and @stevenjcbuckley
| Jesse Hamilton / CoinDesk: |
The Federal Reserve continues its relaxation of crypto oversight by ending a program created in 2023 to scrutinize fintech and crypto activities by banks — The Federal Reserve has shuttered the Novel Activities Supervision Program it built in 2023 that was — in part — meant to focus on banks' crypto activity.| Bloomberg: |
Meta's standalone Meta AI app, launched in April 2025, offers an uneven experience, hallucinating and not personalizing replies despite access to Meta accounts — The Meta AI app offers an uneven experience, posing a sharp contrast to Mark Zuckerberg's lofty artificial intelligence ambitions.| Financial Times: |
CoreWeave investors sold more than $1B in shares as the IPO lockup ended; the stock held steady on Friday after dropping about 35% over the previous two days — Director Jack Cogen offloads stake with an aggregate market value of about $300mn — Morgan Stanley, JPMorgan Chase …
More: Bloomberg
| Emma Roth / The Verge: |
Anthropic updates Claude usage policy, adding stricter cybersecurity rules and explicitly banning the development of WMDs, and loosens political content rules — The AI startup's new policy now specifically bans using Claude to help develop biological, chemical, radiological, or nuclear weapons.| Jonathan Vanian / CNBC: |
Sen. Josh Hawley launches a probe of Meta following a report on its AI policy allowing sensual chats with kids, tells Zuckerberg to produce docs by September 19 — Sen. Josh Hawley, R-Mo., said Friday that he will investigate Meta following a report that the company approved rules allowing …
More: Engadget, TechCrunch, Josh Hawley, Reuters, Baltimore Sun, Simon Willison's Weblog, MLex, Townhall, Fox News, The A.V. Club, MobileSyrup, Newsweek, Washington Examiner, and The Hill
Bluesky: @dimitridrekonja. X: @hawleymo, @sayssimonson, @benbrodydc, @hawleymo, @emrwilkins, and @realdcochrane. Forums: r/technology
| David Keohane / Financial Times: |
SoftBank-owned PayPay files for a US listing; sources: PayPay aims to raise $2B+ at a $10B+ valuation, and the listing could happen by the end of the year — Sale of American depositary shares could value payments company above $10bn and help fund AI bets — PayPay has filed for a US listing … | Norah Mulinda / Bloomberg: |
Opendoor CEO Carrie Wheeler steps down, with Shrisha Radhakrishna named president and interim CEO; OPEN jumps 8%+ — Opendoor Technologies Inc., a real estate company that became a meme stock in recent months, said Chief Executive Officer Carrie Wheeler is stepping down immediately as the board searches for a replacement.| Lauren Goode / Wired: |
Some developers say GPT-5 excels at technical reasoning and planning coding tasks and is cost-effective, but Claude Opus and Sonnet still produce better code — Software engineers are finding that OpenAI's new GPT-5 model is helping them think through coding problems—but isn't much better at actual coding.| Bloomberg: |
Sources: some investors seek to replace N26's co-CEOs after German financial regulator Bafin identified new deficiencies in the digital bank's internal controls — Some investors in N26 are urging the German digital bank's two chief executive officers to step down, following fresh criticism …
More: Financial Times, PYMNTS.com, Finextra, and Sifted
| Ben Thompson / Stratechery: |
Meta's strong Q2 shows it has learned it must give investors short-term results to get permission for long-term investments, such as its AI ambitions — Meta delivered blowout earnings the same quarter that Mark Zuckerberg doubled down on AI; I don't think it was a coincidence.
More: Yogonet, Geekout Newsletter, ExchangeWire.com, Social Media Today, Bloomberg, and ITPro
X: @simonw, @natolambert, @teortaxestex, and @kabir_base
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