Techmeme
July 22, 2025, 1:10 AM

Top News

Wall Street Journal:
Sources: Stargate has struggled to get off the ground and sharply scaled back its near-term plans, as SoftBank and OpenAI disagree on crucial terms of the deal  —  The Stargate venture, introduced at White House event, is now setting the more modest goal of building a small data center by year-end
Google DeepMind:
Google says an advanced version of Gemini with Deep Think won gold at the International Mathematical Olympiad, solving 5 of 6 “exceptionally difficult” problems  —  The International Mathematical Olympiad ("IMO") is the world's most prestigious competition for young mathematicians, and has been held annually since 1959.
Reuters:
OpenAI and the UK government announce a partnership to explore AI use in justice, defense, security, and edtech, and possibly expand OpenAI's London office  —  Britain and ChatGPT maker OpenAI have signed a new strategic partnership to deepen collaboration on AI security research …
Kylie Robison / Wired:
Leaked memo: CEO Dario Amodei told staff Anthropic plans to seek UAE and Qatar funding, likely enriching “dictators”, says a “no bad person” rule is impractical  —  “Unfortunately, I think ‘No bad person should ever benefit from our success’ is a pretty difficult principle …
CoinDesk:
Crypto custody company BitGo confidentially files for a US IPO; it raised $100M at a $1.75B valuation in August 2023  —  The crypto custodian submitted a confidential U.S. listing as interest in public crypto stocks heats up.  —  What to know:  — BitGo confidentially filed to go public …
Bloomberg:
Niket Nishant / Reuters:
Figma plans to sell nearly 37M shares to raise up to $1.03B, pricing its shares between $25 and $28 each, giving it an up to $16.4B valuation in its NYSE debut  —  Figma is targeting a fully-diluted valuation of up to $16.4 billion in its initial public offering, as the cloud-based design …
Bloomberg:
Polymarket says it is buying little-known derivatives exchange QCX, in a move to legally re-enter the US market; a source says Polymarket will pay $112M  —  Polymarket, the crypto-betting platform that was kicked offshore by federal regulators, has struck a deal to return to the US market …
Andy Greenberg / Wired:
Researchers: at least 750 US hospitals faced disruptions on the day of last year's big CrowdStrike outage, and 200+ had outages related to patient care services  —  Of those, more than 200 appear to have had outages of services related to patient care following CrowdStrike's disastrous crash, researchers have revealed.
Kylie Robison / Wired:
In her first note to staff, OpenAI's incoming CEO of Applications, Fidji Simo, lays out an optimistic vision for how AI will change the world  —  Soon-to-be former Instacart CEO Fidji Simo sent a memo to OpenAI staff Monday laying out her vision for how AI will change the world.

Sponsor Posts

Command Line:
Azure Content Understanding: Building on lessons from a decade of Document Intelligence  —  What a decade of teaching machines to read real-world documents taught us about what LLMs can and can't do.
Will Reed:
The best sales leaders aren't job hunting.  Here's how to reach them without months of cold outreach.  —  Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
Zoho:
UK tax compliance with Zoho Books  —  The evolving tax landscape in the UK has added an additional responsibility to business owners, accountants, and bookkeepers to ensure their choice of accounting software supports compliance …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Big Technology Podcast:
AI Leaders Can't Get Along. So How Will They Keep Us Safe? — With Kevin Roose
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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Channels with Peter Kafka:
How to Run a Political Campaign in the TikTok Era (And How Not To)
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
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Sources:
Robinhood's CEO on letting AI trade your money
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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Training Data:
David Silver and Lasse Espeholt of Ineffable Intelligence: A Superlearner for the Age of Experience
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
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Invest Like the Best:
David Vélez - Building Nubank and the Future of Global Banking
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Cheeky Pint:
Muse Wonder: Zuckerberg and Wang's $100B AI
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
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More News

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Earlier Picks

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Financial Times: