Techmeme
December 12, 2025, 5:35 PM

Top 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.
Reuters:
President Trump signs an executive order aimed at preempting a growing number of state AI laws, saying “we want to have one central source of approval”  —  U.S. President Donald Trump on Thursday signed an executive order on artificial intelligence that will attempt to preempt …
Bloomberg:
Igor Bonifacic / Engadget:
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 …
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 …
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.
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 …
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.
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 …
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 …
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.
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.
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
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 …
Xuedong Huang / Zoom:
Zoom says its “federated AI” model, combining its SLM with open- and closed-source models, got 48.1% on Humanity's Last Exam vs. 45.8% for Gemini 3 Pro w/ tools  —  Federated innovation driving breakthrough results in complex AI testing  —  In this blog  —  01 Understanding the HLE challenge
Stephanie Palazzolo / The Information:
Source: OpenEvidence, which offers an AI chatbot for doctors, is raising $250M at a $12B valuation, up from $6B in Oct., and has $150M in annualized ad revenue  —  OpenEvidence, which operates a ChatGPT-like product for doctors to find health information from medical journals and other trusted sources …

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More News

Gergely Orosz / @gergelyorosz:
Reuters:

Earlier Picks

Jay Peters / The Verge:
Reuters:
Zachary Small / New York Times:
Dara Kerr / The Guardian:
Sarah Perez / TechCrunch:
Axios: