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December 12, 2025, 8:25 PM
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Mediagazer
memeorandum
WeSmirchTop News
| Axios: |
Policymakers behind key state AI bills scoff at Trump's EO; some GOP governors are pushing ahead with their own AI bills; Steve Bannon says Sacks misled Trump — States are forging ahead with AI laws despite President Trump's new executive order aimed at reining them in.| Gerrit De Vynck / Washington Post: |
Trump's AI executive order directs federal agencies to look into withholding federal funding from states passing “the most onerous and excessive laws” around AI — The new executive order comes as a growing group of Republicans criticize Trump's staunch support of the tech industry's ambitions for artificial intelligence.| Bloomberg: |
David Sacks says Trump's AI EO aims to ease companies' compliance burden and that the administration is working with Congress on a common AI oversight standard — White House AI czar David Sacks defended President Donald Trump's push to rein in state-level regulation of artificial intelligence …
More: AfroTech, CNBC, The American Bazaar, The Information, Crypto Briefing, Tech in Asia, and CBS News
X: @mrddmia and @davidsacks
| Igor Bonifacic / Engadget: |
More: NPR, MobiHealthNews, San Francisco Business Times, Florida Politics, and Reuters
| Reuters: |
More: The White House, Wired, Tech Policy Press, New York Times, eWeek, The Atlantic, New York Post, Colorado Politics, Reason, BBC, CNBC, Washington Post, Lawfare, Transformer, E&E News, Dailyfly News, Techstrong.ai, MS NOW, StateScoop, PCMag, The Record, Associated Press, Barron's Online, The Verge, Politico, and NBC News
X: @collin_mccune, @davidsacks47, @sentedcruz, @davidsacks47, @pmarca, @neil_chilson, @repdonbeyer, @kelseytuoc, @kelseytuoc, @mattyglesias, @natpurser, @kelseytuoc, @wsteaks, @adamthierer, @altcap, @bgurley, @pmarca, @chamath, @sriramk, and @rapidresponse47
LinkedIn: David Schweidel and Keri Tietjen Smith
Bluesky: @murray.senate.gov, @haroldfeld, @noethematt, @datasociety, @mattmcneilshow, @maxkennerly, @karrieurbanist, @ketanjoshi.co, @jjvincent, @ketanjoshi.co, @lorak, @vanhollen.senate.gov, @sarajacobs.house.gov, @altnps, and @thereverended
Mastodon: @fromjason@mastodon.social and @kevin@mastodon.km6g.us
| Brody Ford / Bloomberg: |
Sources: Oracle has delayed completion of some OpenAI data centers from 2027 to 2028, largely due to labor and material shortages; Oracle denies delays — Oracle Corp. has pushed back the completion dates for some of the data centers it's developing for the artificial intelligence model developer OpenAI …
More: Tom's Hardware, Yahoo Finance, Gizmodo, Wall Street Journal, CNBC, Benzinga, Heatmap News, Investor's Business Daily, Platformonomics, Reuters, The Information, DatacenterDynamics, ZeroHedge News, Proactive, Blockonomi, Capital Brief, and New York Times
X: @edzitron, @kobeissiletter, @prof_heist, @capitalobserver, @deitaone, and @8teapi
Bluesky: @wittywebhandle, @shiv.ing, @bwnash, @edzitron.com, @edzitron.com, @renrut-mas, @pbshaughnessy, @inlaymonsterms, @torontowill, and @chrisharvey. Forums: r/BetterOffline
| Stevie Bonifield / The Verge: |
Google expands Google Translate's live speech translation from Pixel Buds to any headphones, supporting 70+ languages, in beta on compatible Android phones — Live speech translations were once only on the Pixel Buds. … Google Translate's latest update brings live speech translations … | John Liu / Bloomberg: |
Sources: China is considering a ~$28B-to-$70B incentives package, which would be separate from the $50B Big Fund III plan, to support its chipmaking industry — China is considering a package of incentives worth as much as $70 billion to bankroll and support its chipmaking industry …
More: The National Pulse, Implicator.ai, ZeroHedge News, Tom's Hardware, Benzinga, and The Information
Bluesky: @jessefelder and @sensehofstede.nl
| Lucas Ropek / TechCrunch: |
Sam Altman's Tools for Humanity updates World to make it a “super app” with encrypted chat integration and a Venmo-like tool for sending and requesting crypto — World, the biometric ID verification project co-founded by Sam Altman, released the newest version of its app today …
More: World, PYMNTS.com, The American Bazaar, Cointelegraph, TestingCatalog, Gizmodo, Tech in Asia, and The Crypto Times
X: @ptraughber, @koide_dev, @tiagosada, @worldcoin, @world_chain_, and @tom_waite_. Mastodon: @madeindex@mastodon.social
Forums: r/offbeat and r/worldnews
| Bloomberg: |
Sources: Intel is in advanced talks to acquire AI chip startup SambaNova for about $1.6B including debt; the deal could come together as soon as next month — Intel Corp. is in advanced talks to acquire artificial intelligence chip startup SambaNova Systems Inc. for about $1.6 billion including debt …
More: SiliconANGLE, Tech in Asia, and Dow Jones Newswires
| Financial Times: |
Shares of data center real estate company Fermi closed down 34% after a tenant terminated a $150M agreement to help fund an AI campus in West Texas — Stock price of company co-founded by ex-US energy secretary Rick Perry fell as much as 46% — Shares in data centre real estate group Fermi almost halved … | Carmen Arroyo / Bloomberg: |
Sources: X reported $752M in Q3 revenue, up 17% YoY, a net loss of $577.4M, and EBITDA of ~$454M, up 16%; revenue for the first nine months of 2025 was $2B+ — Sales at Elon Musk's X jumped during the third quarter, but the social network is still dealing with significant costs … | Loren Grush / Bloomberg: |
Internal message: SpaceX has authorized an insider share sale at $421/share, valuing the company at ~$800B, and said it's preparing for a possible IPO in 2026 — SpaceX has authorized an insider share sale that values Elon Musk's rocket and satellite maker at about $800 billion … | Rachyl Jones / Semafor: |
Singapore-based ChemLex raised a $45M funding round led by Granite Asia to build an AI-powered, automated chemistry lab to accelerate drug discovery — Singapore-based ChemLex raised $45 million to build out its autonomous chemistry lab with hopes it can speed drug discovery and therapy development …
More: ChemLex
| Thinking Machines Lab: |
Mira Murati's Thinking Machines Lab makes Tinker, its API for fine-tuning language models, generally available, adds support for Kimi K2 Thinking, and more — Today we are announcing four updates to Tinker: — No more waitlist — New reasoning model: Kimi K2 Thinking
More: SiliconANGLE. X: @mascobot, @rown, @_kevinlu, @natolambert, @tszzl, @miramurati, @giffmana, @thinkymachines, and @dchaplot. LinkedIn: Devendra Chaplot. Bluesky: @zzstoatzz.io
| Nina Bambysheva / Forbes: |
Kalshi integrates its event trading platform into the popular crypto wallet Phantom; Dune: in November, Kalshi's trading volume hit $5.8B vs. Polymarket's $3.7B — As Kalshi's trading volume surpasses Polymarket's, it will now offer prediction market access to Phantom's 15 million users on Solana.
More: Business Wire, Decrypt, CoinDesk, Benzinga, Cointelegraph, NFTgators, and The Block
X: @solana, @imperooterxbt, @j0hnwang, @kalshi, @orangie, @phantom, @mansourtarek_, and @nftmufettisi
| Ben Weiss / Fortune: |
YouTube launches an option for US-based creators to receive payouts in PayPal's stablecoin, PYUSD — Big Tech continues to tiptoe into crypto. The latest example is a move by YouTube to let creators on the video platform choose to receive payouts in PayPal's stablecoin.| Maggie Eastland / Bloomberg: |
David Sacks says China is rejecting Nvidia's H200 AI chips, because the country wants “semiconductor independence” and to “prop up and subsidize Huawei” — China has figured out the US strategy for allowing it to buy Nvidia Corp.'s H200 and is rejecting the AI chip … | Reuters: |
Tether submits an all-cash offer to acquire a 65.4% stake in Italian soccer club Juventus, says it will invest €1B in the club if the acquisition is completed — Crypto group Tether said on Friday it has submitted an all-cash proposal to the holding company of the Agnelli family to buy … | Andrew Welsch / Barron's Online: |
Automated digital wealth management company Wealthfront's stock closed up 1.36% in its Nasdaq debut, valuing it at ~$2.7B, after raising $486M in its IPO — Wealthfront stock trades on the Nasdaq under the ticker symbol WLTH. Its IPO priced at the top of its expected range.| Emma Roth / The Verge: |
Amazon Prime Video pulls its AI recaps, which it began testing in November, for Fallout, Bosch, and other shows after users noticed errors in the Fallout recaps — Fallout's season one recap wrongly stated that The Ghoul's flashback takes place in the 1950s, rather than the year 2077.
More: Gizmodo, Forbes, BBC, IGN, Engadget, The Wrap, The A.V. Club, Mashable, GamesRadar, Business Insider, Thurrott, PCWorld, Digital Trends, Consequence, Cord Cutters News, TheGamer, PCMag, and TechRadar
Bluesky: @quinnypig.com, @scriban, @caseynewton, and @tyleraking.com
| Alex Heath / Sources: |
An interview with Nikita Bier, who wants to lure journalists back to X with a rebuilt recommendation algorithm with no keyword suppression or manual downranking — Product chief Nikita Bier on journalists who left: “We have to earn their trust.” Also: Fidji Simo on OpenAI's Code Red, and a new episode of ACCESS.
X: @ashleymayer, @gaberivera, and @alexeheath
Bluesky: @karlbode.com, @fahadhumayun.com, @tamela, @ketanjoshi.co, @niedermeyer.online, @prietschka, @michaelsderby, @shelleybwoke, @markmcgeoghegan, @martingeorge, @tupped, @chronotope.aramzs.xyz, @gillinger.se, @sky.skymarchini.net, @caseynewton, @davidevanlovett, and @alexeheath.com. Threads: @kurtwag8
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