Techmeme
August 13, 2026, 1:30 PM

Top News

Financial Times:
Sources: Anthropic's investors expect it to float at a $2T+ valuation in an October IPO and to hit $100B to $120B in annualized revenue by the end of 2026  —  Anthropic investors expect the AI start-up to float at a valuation of $2tn or more in October, a dizzying figure that would eclipse SpaceX …
Bloomberg:
Sources: Anthropic is in talks to acquire Decart, which makes world models and GPU optimization tech to cut training costs, for ~$6B; Decart raised $300M in May  —  Anthropic PBC is in talks to buy the artificial intelligence startup Decart AI for about $6 billion, according to people familiar …
Tulsee Doshi / Google:
Google unveils Gemini 3.7 Flash, its “most intelligent workhorse model” for coding and agents, pricing it at $0.75/1M input and $3.75/1M output tokens at launch  —  Our most intelligent workhorse model yet for coding and agents.  —  Senior Director, Product Management, on behalf of the Gemini team
Patrick Howell O'Neill / Bloomberg:
President Trump signs a memo letting the US government partner with private companies to conduct cyberattacks abroad against criminal groups targeting Americans  —  The US government is partnering with private-sector firms to launch cyber attacks abroad, expanding the scope of national security operations …
The Information:
DeepSeek launches V4-Pro, its most advanced model that rivals Kimi K3 on some benchmarks but is priced much lower, at $0.435/1M input and $0.87/1M output tokens  —  Chinese AI developer DeepSeek has launched its flagship model, V4-Pro, to mixed reviews from users, with some expressing disappointment.
Saritha Rai / Bloomberg:
DeepSeek raises prices, adding dynamic pricing, ahead of a potential IPO; V4-Flash output tokens go from $0.28/1M to $1.32 during peak hours and $0.66 off-peak  —  DeepSeek is steeply raising the prices for its flagship V4 models ahead of a potential initial public offering …
Lauren Feiner / The Verge:
Flock CEO Garrett Langley acknowledges the startup “got this one wrong” and says Flock is assuming greater responsibility for how law enforcement uses its tech  —  After reports that some cops misused tracking data it collects, Flock is rolling out policy changes.
Washington Post:
Shirin Ghaffary / Bloomberg:
OpenAI hires Dali Rajic, COO of Alphabet's Wiz, as chief revenue officer, replacing ex-Slack CEO Denise Dresser, who was hired in December 2025 and will leave  —  OpenAI is naming its second new chief revenue officer in less than a year, a sign of efforts to bolster sales growth ahead of a highly anticipated Wall Street debut.
Reuters:
Amanda Silberling / TechCrunch:
Twitch says it intends to use videos streamed on its platform to help train Amazon's generative AI content models and adds a setting for creators to opt out  —  The streaming platform Twitch will now use creators' content to help train generative AI models for its parent company, Amazon.
Shaurya Malwa / CoinDesk:
Coinbase, Block, BitGo, and 70+ other crypto companies say frontier AI safety guardrails hinder legitimate security work while cyberattackers use stronger tools  —  More than three dozen bitcoin and crypto companies have asked the largest AI labs to give open-source security researchers early access …
Alexandra Bruell / Wall Street Journal:
Sources: Apple is discussing multiyear content deals with publishers to deliver current news and information for Siri AI, using a possible nine-figure budget  —  The content deals could provide the tech company's voice assistant with current news and information
Ara Kharazian / Ramp:
Ramp's July AI index: Anthropic's market share hit 43.5%, widening its lead over OpenAI; Fable 5 is only 6% of tokens businesses bought, likely due to high cost  —  Dear Colleagues: Today's letter includes my monthly update of Ramp AI Index, our flagship research using spend data from Ramp to track how American businesses are using AI.
Sarah Perez / TechCrunch:
X makes the source code for its For You timeline available on GitHub and adds tools to let users see if X's ranking systems “shadowbanned” them  —  X is significantly expanding its open-source codebase, which includes the app's “For You” algorithm and its core ranking engine …
More: WeRSM
Katie Tarasov / CNBC:
Inside SK Hynix's $720B Yongin Cluster, which it says will be the world's largest network of memory factories and is set to go into production in February 2027  —  In South Korea, where a mountainous landscape makes building huge projects an incredible undertaking, the world's leading maker …
Reuters:
Filings and sources: Microsoft closed 15+ branch offices and joint ventures in China over the past five years, amid China pushing domestic software since 2017  —  Microsoft once regarded the idea of quitting China as unthinkable.  —  The year was 2010 and Google was about to exit due to concerns over censorship and cyberattacks.
Hugo Lowell / Wired:
Sources: the White House is expected to expand its AI oversight framework in the coming months to cover open models once they reach “frontier” capabilities  —  Open models may soon be added to an updated AI framework, sources tell WIRED, as the White House continues to grapple …
Bloomberg:
Rapidly advancing AI tools have created investor uncertainty and fear around the risk of the SaaS business model and the private equity and credit on top of it  —  Now the entire business model is at risk  —  ON WALL STREET, there's a disaster scenario known as the “SaaSpocalypse” that goes something like this.

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More News

Newley Purnell / Bloomberg:

Earlier Picks

Alex Townsend:
Financial Times:
Juby Babu / Reuters: