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August 11, 2025, 7:10 AM
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Financial Times:
Sources: Nvidia and AMD agreed to pay the US government 15% of revenues from H20 and MI308 chip sales in China to obtain export licenses granted last week  —  Chipmakers agree to unusual arrangement to secure export licences from Trump administration  —  Nvidia and AMD have agreed to give …
Bloomberg:
Trade experts: Nvidia and AMD's deal to export AI chips to China and pay the US 15% of revenue is “unprecedented” and a sign of “a new and dangerous world”  —  Even in an administration that has repeatedly pushed the legal limits of using economic statecraft to reshape …
Demetri Sevastopulo / Financial Times:
Sources: Chinese officials have urged the Trump administration to relax HBM chip export controls during trade talks, after the Biden administration ban in 2024
Lauren Thomas / Wall Street Journal:
Sources: Intel CEO Lip-Bu Tan is set to meet Trump on Monday to propose ways the US and Intel could work together, show his commitment to the US, and more  —  Lip-Bu Tan is set to meet with the president, who last week called for Tan's removal  —  Intel CEO Lip-Bu Tan is set to visit …
Luc Olinga / Gizmodo:
Sam Altman says OpenAI is restoring GPT-4o to ChatGPT and raising reasoning model limits for free and Plus users, as usage of reasoning models increases  —  The move is a stunning reversal, proving that even the most powerful AI company can't ignore a mutiny from its loyal user base.
Gary Marcus / Marcus on AI:
GPT-5's release was underwhelming, offering incremental improvements and failing to meet expectations, showing that pure scaling simply isn't the path to AGI  —  A new release botched ... and new research paper that spells trouble  —  GenerativeAI had a truly bad week.
David Sacks / @davidsacks:
Doomer predictions of a rapid, monopolistic AGI were wrong, as recent AI model releases resemble a Goldilocks scenario with competitive, specialized models
Mark Gurman / Bloomberg:
Sources: Apple is testing upgraded App Intents with Uber, Temu, Amazon, YouTube, WhatsApp, and other apps to transform Siri into a true voice-first interface  —  Apple's upcoming voice-control feature for the new Siri could be an under-the-radar hit — if it works.
Matt Burgess / Wired:
UK researchers: 80 game cheat-selling websites generate $12.8M to $73.2M annually, with 30,000 to 174,000 monthly buyers across North America and Europe alone  —  Gaming cheats are the bane of the video game industry—and a hot commodity.  A recent study found that cheat creators are making …
Stevie Bonifield / PC Gamer:
AOL is discontinuing its dial-up internet service on September 30, after launching it in 1991; the service reportedly had “low thousands” subscribers in 2021  —  Dial-up's days are numbered, after 34 years of service.  —  On September 30, AOL's dial-up hold-outs will need to finally move on to another internet service.
Bloomberg:
Sea's Shopee is nearing a $100B market cap after its stock surged 300%+ since early 2024, driven by its in-house, community-based logistics network SPX Express  —  Shopee now dominates the Southeast Asian e-commerce market thanks to a cavalry of retirees, homemakers and students delivering parcels
More: Tech in Asia
Saritha Rai / Bloomberg:
Malaysian startup Zetrix unveils NurAI, a chatbot for Muslims built using similar techniques to DeepSeek's V3, and plans AI avatars of Islamic scholars  —  A Malaysian company has designed an AI large language model for Muslims based on open-source AI knowhow from China's DeepSeek …

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From Mediagazer

Financial Times:
Sources: WBD's board wanted a proposal it could sign immediately, and Netflix was the only bidder whose paperwork was fully executable the night of December 4

Isabella Simonetti / Wall Street Journal:
Vanity Fair and Olivia Nuzzi agree to part ways and let her contract expire at the end of the year, following new allegations about her affair with RFK Jr.

John Koblin / New York Times:
The Netflix-WBD deal should quiet concerns, for now, from CNN employees worried about the prospect of Paramount combining CBS News and CNN in a WBD acquisition

More News

Tom Warren / The Verge:
Microsoft launches Copilot 3D, a free AI-powered tool allowing users to transform 2D images into 3D models without a text prompt, available in Copilot Labs

Earlier Picks

Hadriana Lowenkron / Bloomberg:
Bo Hines, the head of the White House Presidential Council of Advisers for Digital Assets, says he is stepping down and returning to the private sector
Natasha Singer / New York Times:
CS grads struggle to land jobs as tech companies lay off workers and embrace AI; CS majors face a 6.1% unemployment rate in the US among grads aged 22 to 27
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