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September 8, 2025, 8:45 AM
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memeorandum
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| Jessica Toonkel / Wall Street Journal: |
OpenAI is providing its tools and computing resources for Critterz, a largely AI-made feature-length animated film that is set to hit theaters globally in 2026 — OpenAI wants to prove that generative artificial intelligence can make movies faster and cheaper than Hollywood does today.
More: The Verge, Times of India, Digit, and WinBuzzer
| Mackenzie Hawkins / Bloomberg: |
Sources: the US is proposing annual approvals for exports of chipmaking supplies to Samsung and SK Hynix factories in China, as part of a “site license” idea — The US is proposing annual approvals for exports of chipmaking supplies to Samsung Electronics Co. and SK Hynix Inc.'s factories …
More: Reuters, ZeroHedge News, Yahoo Finance, Tech in Asia, and DigiTimes
| SemiAnalysis: |
A deep dive into Huawei's Ascend AI chip production, SMIC, TSMC, US export controls, HBM bottlenecks, China's HBM issues, Huawei's data center chips, and more — H20 Shipments, Blackwell B30A, Bottlenecks to Chinese Chip Production, Export Controls, CXMT, SMIC, Cambricon| Terrence O'Brien / The Verge: |
Google updates a Help Center article to clarify Gemini 2.5 Pro's usage limits: five prompts per day for free users, 100 prompts for AI Pro, and 500 for AI Ultra — Now you know exactly how many prompts you get for free a day. … Until very recently it wasn't clear what usage limits were placed on Gemini at the various tiers.
More: Google Help Center, Livemint, WinBuzzer, Tech Times, and Android Headlines
| Reuters: |
Sources: ASML is committing €1.3B for Mistral's €1.7B Series C at a €10B pre-money valuation, and is set to become its top shareholder and to get a board seat — ASML (ASML.AS), a crucial supplier of advanced chipmaking equipment, is set to become the top shareholder …
More: Sifted, The French Tech Journal, Benzinga, Silicon Republic, Fortune, DigiTimes, Verdict, The Information, The Chosun Daily, Tech Funding News, Morningstar, Inc., DutchNews.nl, Silicon Canals, and CTech
X: @paulg, @krishnanrohit, @andrewcurran_, @s_oheigeartaigh, @shanumathew93, @krishnanrohit, @danielnewmanuv, @provisionalidea, @jukanlosreve, @rihardjarc, @kevinsxu, @zephyr_z9, and @patrickmoorhead. Bluesky: @katjabego. Threads: @ericflo
Forums: Hacker News, r/artificial, r/stocks, r/france, r/technews, r/MistralAI, r/eutech, r/europe, and r/BuyFromEU
| Bloomberg: |
SpaceX agrees to acquire EchoStar's AWS-4 and H-block spectrum licenses for up to $8.5B in cash and up to $8.5B in stock, resolving an FCC inquiry into EchoStar — SpaceX, the Elon Musk-backed company that owns the Starlink satellite network, agreed to acquire wireless spectrum … | Adam James / The Block: |
Forward Industries raised $1.65B via a private investment in a public equity offering led by Galaxy, Jump, and Multicoin for a Solana asset treasury strategy — - Forward Industries, Inc. announced a $1.65 billion private investment in a PIPE offering led by Galaxy Digital, Jump Crypto …
More: Business Wire, CoinDesk, Cryptonews, Crypto Briefing, Benzinga, and Coinpedia Fintech News. X: @silvermanjacob
| Lucas Shaw / Bloomberg: |
A reimagined Wizard of Oz draws 4,000 to 5,000 fans two or three times per day to the Las Vegas Sphere; a source says the 1939 film may gross $1B in its new run — A reimagined Wizard of Oz is a surprise hit at the Las Vegas Sphere — Good afternoon from Los Angeles.| Andrew J. Hawkins / The Verge: |
Uber and Shanghai-based robotaxi company Momenta plan to test Level 4 fully driverless cars in Munich from 2026, as a precursor to launching a robotaxi service — The tests are a precursor to the companies' plan to launch a robotaxi service in 2026.
More: Engadget, Wall Street Journal, EV, Reuters, TechCrunch, and CnEVPost
| M.G. Siegler / Spyglass: |
Anthropic's $1.5B copyright settlement pulls up a drawbridge on its startup rivals that cannot afford such fines, setting a floor price on training infringement — $1.5B. Damn. Who can afford to pay that? — There I was, just sitting there enjoying life when I got the push notification … | Reuters: |
Cloud security software company Netskope plans to sell 47.8M shares at $15 to $17 in its IPO, valuing it at up to $6.5B and raising up to $813M — Netskope is seeking a valuation of up to $6.5 billion in its initial public offering in the United States, the cloud-based cybersecurity firm said on Monday … | Angel Au-Yeung / Wall Street Journal: |
Databricks is set to close $1B in funding at a $100B valuation and is on track to generate $4B in revenue in its fiscal year ending January 2026, up 50% YoY — The data analytics company is close to completing its latest financing, raising $1 billion at a $100 billion valuation| Bloomberg: |
Quantum computing startup Infleqtion agrees to merge with a Michael Klein-led blank-check company, giving it a $1.8B pre-money valuation and $540M in funding — Quantum computing firm Infleqtion has agreed to merge with a blank-check firm led by Michael Klein in a pact that gives the startup a pre-money valuation of $1.8 billion.
More: Reuters and Business Wire
| Sarah Neville / Financial Times: |
An interview with Dr. Raj Jena, the UK's first clinical professor of AI in radiation oncology, on how AI is improving cancer care, quality control, and more — Britain's first clinical professor of AI in radiation oncology says tech is improving care — but waiting lists still grow
X: @tanarrowz
| Evelyn Cheng / CNBC: |
Shenzhen-based humanoid startup X Square Robot raised ~$100M led by Alibaba, taking its total funding to ~$280M, and released a foundation model for embodied AI — BEIJING — As the race for household robots heats up, Chinese humanoid startup X Square Robot announced Monday …
More: South China Morning Post, Tech Funding News, Bloomberg, and Gizmochina
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