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September 8, 2025, 9:30 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, Implicator.ai, 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, DigiTimes, and Tech in Asia
| 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
| 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 … | 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.| 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 internet network, agreed to acquire wireless spectrum …
More: Reuters, Financial Times, Investor's Business Daily, The Economic Times, Fast Company, Times of India, Deadline, MarketWatch, ZeroHedge News, Advanced Television, Wall Street Journal, NewsMax.com, Benzinga, EchoStar Corporation, SpaceNews, Cord Cutters News, The Hollywood Reporter, and Barron's Online
| Andrew J. Hawkins / The Verge: |
Uber and Shanghai-based robotaxi startup 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, Reuters, TechCrunch, CnEVPost, and EV
| Anirban Sen / Reuters: |
Filing: Nasdaq asks the US SEC to let investors trade tokenized securities on its exchange, potentially rolling out the first token-settled trades in Q3 2026 — Nasdaq (NDAQ.O) is working with U.S. regulators to introduce trading of tokenized securities, becoming the latest major financial player …
More: Bloomberg, CoinDesk, Coinpedia Fintech News, Crypto Briefing, and Cointelegraph
| Rebecca Ratcliffe / The Guardian: |
ASPI researchers: Myanmar's online scam centers on the Thai border rose from 11 to 27 since 2021's military coup, holding an estimated 100K trafficked people — Operated by crime syndicates and fostered by the country's military junta, the number of vast complexes such as KK Park on the Thai-Myanmar border has doubled since 2021
More: ASPI. X: @nrg8000, @nrg8000, @aspi_org, and @nrg8000
Bluesky: @alasdairmackenzie, @bethanyallen, @mygind, and @siddharthamitter
| Reuters: |
Cloud cybersecurity software startup Netskope plans to sell 47.8M shares at $15 to $17 each in its Nasdaq 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 …
More: Bloomberg
| 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 in January 2026, up 50% YoY — The data analytics company is close to completing its latest financing, raising $1 billion at a $100 billion valuation
More: Bloomberg
| 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: Implicator.ai, The French Tech Journal, Sifted, Fortune, Benzinga, Silicon Republic, 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/stocks, r/artificial, r/france, r/technews, r/MistralAI, r/eutech, r/europe, and r/BuyFromEU
| 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 … | Evelyn Cheng / CNBC: |
Shenzhen-based humanoid startup X Square Robot raised ~$100M led by Alibaba, taking its total funding to ~$280M, and releases 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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