Techmeme
July 16, 2025, 4:55 PM

Top News

Eleanor Olcott / Financial Times:
Reuters:
At a supply chain expo in Beijing, Jensen Huang calls AI models from DeepSeek, Alibaba, and Tencent “world class” and says AI is “revolutionizing” supply chains  —  Nvidia (NVDA.O) CEO Jensen Huang described artificial intelligence models from Chinese firms Deepseek …
Reuters:
Natasha Mascarenhas / The Information:
Sources: Anthropic has rehired Boris Cherny and Cat Wu, who developed Claude Code, just two weeks after they left for Cursor developer Anysphere  —  In a surprising reversal, two leaders of Anthropic's coding product who joined rival Anysphere two weeks ago have returned to Anthropic …
Aisha Malik / TechCrunch:
Google Search's AI Mode gets Gemini 2.5 Pro and new deep research capabilities; Google expands its AI-powered business calling feature to all users in the US  —  Google is rolling out an agentic AI-powered business-calling feature to all users in the United States, the company announced on Wednesday.
Molly Schuetz / Bloomberg:
HPE makes several business changes, including forming a strategy committee and appointing a new board member, as it agrees to work with Elliott to boost value  —  Hewlett Packard Enterprise Co. announced several business changes, including the formation of a new strategy committee …
Jordan Robertson / Bloomberg:
Europol and Eurojust disrupt pro-Russian hacktivist group NoName057(16) that has claimed responsibility for 1,000+ DDoS attacks since 2022, and make two arrests  —  Aramco's VC Arm Backs Record AI Funding Round for Saudi Startup  —  Get the Tech In Depth newsletter.
Bloomberg:
Scale AI says it is laying off 200 full-time employees, or ~14% of its global workforce, and will stop working with 500 contractors, after Meta invested $14.3B  —  The AI data-labeling company is laying off 200 full-time employees and will stop working with 500 contractors.
Rachyl Jones / Semafor:
AWS rolls out Amazon Bedrock AgentCore in preview to help businesses deploy and operate AI agents that analyze internal data, write code, and handle other tasks  —  Amazon Web Services on Wednesday launched a platform to help businesses build a web of connected AI agents to analyze internal data …
Arjun Kharpal / CNBC:
ASML reports Q2 net sales of €7.7B, net income of €2.29B, and net bookings of €5.5B, above €4.19B est., as tariffs have a “less negative” impact than expected  —  ASML on Wednesday warned of the possibility of no growth in 2026, even as it beat top and bottom line expectations for the second quarter.
Mauro Orru / Wall Street Journal:
Chris Welch / Bloomberg:
Google announces a Pixel event for August 20 in NYC, with the Pixel 10, Pixel 10 Pro, Pixel 10 Pro XL Pixel 10 Pro Fold, and the fourth-gen Pixel Watch expected  —  Alphabet Inc.'s Google will debut new Pixel-branded hardware at an event on Aug. 20 in New York, with the lineup expected …
Chris Prentice / Reuters:
The US House clears a key procedural hurdle on cryptocurrency legislation after Trump intervened, setting the stage for likely passage of several crypto bills  —  The Republican-controlled U.S. House of Representatives cleared a key procedural hurdle Wednesday, setting the stage for likely passage …
Shaurya Malwa / CoinDesk:
Crypto exchange BigONE confirms a $27M hack from a hot wallet exploit, plans to pay back users and is working with security firm SlowMist to trace stolen assets  —  BigONE is working with blockchain security firm SlowMist to track the stolen assets, with fund tracing already underway across Bitcoin …
Kylie Robison / Wired:
Sources: OpenAI researcher Jason Wei, who worked on o3 and deep research models, and his colleague Hyung Won Chung are joining Meta's new superintelligence lab  —  Jason Wei, who worked on OpenAI's o3 and deep research models, will be joining Meta's superintelligence lab.
Jonathan Greig / The Record:
Google says its Big Sleep AI agent for finding unknown software vulnerabilities recently discovered a critical SQLite flaw that “was at risk of being exploited”  —  Google said a large language model it developed to find vulnerabilities recently discovered a bug that hackers were preparing to use.
Joseph Menn / Washington Post:
CrowdStrike: Chinese hacking attacks on US targets more than doubled from 2023 to 330+ incidents in 2025; US officials say China has shifted to hacking-for-hire  —  American officials say new economic model for offense has fueled spying attacks by government agencies that have more than doubled.
Meaghan Tobin / New York Times:
China, which pledged $8.5B for young AI startups in April, is taking an industrial policy approach to help its AI companies close the gap with those in the US  —  Beijing is taking an industrial policy approach to help its A.I. companies close the gap with those in the United States.
Zac Bowden / Windows Central:
Microsoft begins testing a Windows 11 feature for sharing the entire desktop with Copilot Vision; it requires first entering a special mode in the Copilot app  —  First announced earlier this year, sharing your desktop with Copilot on Windows 11 is now in testing with insiders across all preview channels.
Casey Newton / Platformer:
xAI's Grok is rated for kids aged 12 and up in the iOS App Store, despite adding “companions”; one includes an NSFW “Bad Rudy” mode and the other becomes NSFW  —  AI companions are arriving faster than platforms can build guardrails around them.  Parents need to pay attention
Financial Times:
Sources: OpenAI aims to integrate a checkout system into ChatGPT, to ensure users complete transactions within the platform, with merchants paying a commission  —  Artificial intelligence start-up has shown brands a prototype of its new checkout feature  —  OpenAI plans to take a cut …
Stephanie Palazzolo / The Information:
Leo Schwartz / Fortune:
NYC-based Talos, which develops digital asset trading infrastructure, acquires Boston-based blockchain data provider Coin Metrics, a source says for $100M+  —  Talos cofounders Ethan Feldman (L) and Anton Katz (R)  —  COURTESY OF TALOS  —  M&A season in the crypto industry is heating up.

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