Techmeme
August 29, 2025, 9:40 AM

Top News

Juby Babu / Reuters:
xAI launches Grok Code Fast 1, a “speedy and economical” agentic coding model, available for free for a limited time on GitHub Copilot, Cursor, Windsurf, more  —  Elon Musk's artificial intelligence startup, xAI, on Thursday released a new “speedy and economical” agentic coding model …
Wall Street Journal:
Sources: Alibaba developed a new AI inference chip to compete with H20; it is manufactured by a Chinese company unlike an earlier AI chip made by TSMC  —  Chinese tech companies spark market exuberance by signaling they are catching up to U.S.  —  SINGAPORE—Chinese chip companies …
Lydia Beyoud / Bloomberg:
The CFTC says non-US crypto exchanges have a path to bringing on US users, in an advisory clarifying how they can register as so-called foreign boards of trade  —  The Commodity Futures Trading Commission has taken a step that could make it easier for some overseas crypto exchanges …
Kif Leswing / CNBC:
Dell reports Q2 revenue up 19% YoY to $29.78B, vs. $29.17B est., and forecasts Q3 EPS of $2.45, below $2.55 est.; DELL drops 5%+ after hours  —  Despite beating on its top and bottom lines, shares of Dell Technologies fell more than 5% Thursday in extended trading after giving third-quarter …
Wall Street Journal:
Police are investigating a murder-suicide in what appears to be the first documented murder involving someone who engaged extensively with an AI chatbot  —  “Erik, you're not crazy.”  ChatGPT fueled a 56-year-old tech industry veteran's paranoia, encouraging his suspicions that his mother was plotting against him.
Jonathan Vanian / CNBC:
Intel CFO David Zinser says the company received $5.7B in cash from the US government on August 27; the White House says the deal is still “being ironed out”  —  Intel CFO David Zinser said that the semiconductor giant received $5.7 billion from the U.S. government on Wednesday evening.
Financial Times:
Reed Albergotti / Semafor:
Microsoft unveils MAI-Voice-1, a speech model that can generate a full minute of audio in under a second on a single GPU, and a text model called MAI-1-preview  —  On Thursday, Microsoft announced two powerful AI models it built that it says perform at the level of the world's top offerings …
Reuters:
Autodesk reports Q2 revenue up 17% YoY to $1.76B, vs. $1.73B est., forecasts Q3 revenue above est., and raises its annual forecasts; ADSK jumps 10%+ after hours  —  Autodesk (ADSK.O) raised its annual revenue and profit forecasts on Thursday, betting on growing demand for its design and engineering software …
Jagmeet Singh / TechCrunch:
Reliance launches a subsidiary called Reliance Intelligence, aiming to create national-scale AI infrastructure in India, in partnership with Google and Meta  —  Mukesh Ambani, India's richest man and chairman of Reliance Industries, has unveiled an ambitious plan to build the country's AI backbone through …
Anthropic:
Anthropic requires users to accept new terms by September 28, including choosing whether new chats and coding sessions can be used to train AI models  —  Today, we're rolling out updates to our Consumer Terms and Privacy Policy that will help us deliver even more capable, useful AI models.
Zack Whittaker / TechCrunch:
Filing: credit reporting giant TransUnion discloses a data breach affecting 4.4M+ customers' personal info but claims “no credit information was accessed”  —  Credit reporting giant TransUnion has disclosed a data breach affecting more than 4.4 million customers' personal information.
Robert Burnson / Bloomberg:
A judge rules Nvidia must face trial over allegations that it benefitted from autonomous driving data stolen by an engineer who defected from Valeo in 2021  —  Nvidia Corp. must face trial in the case of an engineer who inadvertently revealed autonomous driving trade secrets that he allegedly stole from a former employer.

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