Techmeme
August 19, 2025, 12:55 PM

Top News

Kanishka Singh / Reuters:
US Director of National Intelligence Tulsi Gabbard says the UK has dropped its mandate requiring Apple to provide a backdoor for accessing users' encrypted data  —  Britain has dropped its demand for the iPhone maker Apple (AAPL.O) to provide a “backdoor” that would have enabled access …
Sheryl Estrada / Fortune:
An MIT report finds that 95% of GenAI pilots at companies have little to no financial impact, due to the “learning gap” for both the tools and the companies  —  Good morning.  Companies are betting on AI—yet nearly all enterprise pilots are stuck at the starting line.
Kif Leswing / CNBC:
SoftBank agrees to invest $2B in Intel, buying ~2% of Intel's outstanding shares for $23 per share, becoming Intel's fifth-biggest shareholder; INTC jumps 5%+  —  Intel and SoftBank announced on Monday that the Japanese conglomerate will make a $2 billion investment in the embattled chipmaker.
Financial Times:
Reuters:
Sources: Nvidia is developing a new Blackwell-based AI chip for China, tentatively known as the B30A, that will be more powerful than its H20 model for China  —  Nvidia (NVDA.O) is developing a new AI chip for China based on its latest Blackwell architecture that will be more powerful …
Kashish Tandon / Reuters:
OpenAI launches ChatGPT Go, a new India-only plan priced at Rs. 399, or ~$4.57, per month, its most affordable yet, to grow users in its second-largest market  —  ChatGPT maker OpenAI on Tuesday launched ChatGPT Go, a new India-only subscription plan priced at 399 rupees ($4.57) per month …
Prakhar Srivastava / Reuters:
Tether hires Bo Hines, who stepped down as White House Crypto Council Executive Director earlier in August, as an adviser to help it expand in the US  —  Cryptocurrency firm Tether has appointed former White House crypto policy executive Bo Hines as a strategic adviser to help steer its expansion …
Bloomberg:
Sources: Apple is making all four iPhone 17 models in India ahead of debut, a first, as it expands to five factories to cut reliance on China for US-bound units  —  Apple Inc. is expanding iPhone production in India at five factories, including a pair of recently opened plants …
Jon Brodkin / Ars Technica:
A US federal appeals court rejects T-Mobile's bid to overturn a $92M fine for illegally selling customer location data without consent, after a 2024 FCC ruling  —  A federal appeals court rejected T-Mobile's attempt to overturn $92 million in fines for selling customer location information to third-party firms.
Angel Au-Yeung / Wall Street Journal:
Databricks is finalizing a Series K at a $100B valuation, up 61% from its December 2024 round; sources say it is co-led by Thrive and a16z plans to participate  —  The data analytics company, fueled by the AI boom, was valued at $62 billion less than a year ago
Maria Deutscher / SiliconANGLE:
Functionize, which offers a cloud platform that uses AI to speed up software testing, raised a $41M Series B, bringing its total funding to $67M+  —  Functionize Inc., a startup with an artificial intelligence platform for finding software bugs, has raised $41 million in fresh funding.
Carl Franzen / VentureBeat:
Nvidia debuts Nemotron-Nano-9B-v2, a hybrid Mamba-Transformer model, saying it achieves comparable or better accuracies than Qwen3-8B on reasoning benchmarks  —  Small models are having a moment.  On the heels of the release of a new AI vision model small enough to fit on a smartwatch …
Devindra Hardawar / Engadget:
Dominic Preston / The Verge:
What to expect from Google's “Made by Google” Pixel hardware event on August 20: four Pixel 10 phones, including a 10 Pro Fold, Pixel Watch 4, and Pixel Buds 2A  —  Four phones, a smartwatch, and a pair of earbuds are likely launching at tomorrow's Pixel hardware event.

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