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Techmeme
August 11, 2025, 9:45 AM
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Top News

Financial Times:
Sources: Nvidia and AMD agreed to pay the US government 15% of H20 and MI308 chip revenue from China sales, as a condition of export licenses granted last week  —  Chipmakers agree to unusual arrangement to secure export licences from Trump administration  —  Nvidia and AMD have agreed …
Bloomberg:
Trade experts: Nvidia's and AMD's deals to export AI chips to China and pay the US 15% of revenue is “unprecedented” and a sign of “a new and dangerous world”  —  The revenue-for-exports deal between the US government and two of the world's biggest chipmakers opens …
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 will bring back GPT-4o to ChatGPT and raising reasoning model rate 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.
David Sacks / @davidsacks:
Doomer narratives of a rapid take-off to a monopolistic AGI were wrong, as new AI model releases offer a Goldilocks scenario of competitive, specialized models
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
Reuters:
Rumble says it plans to acquire German AI cloud group Northern Data in an all-stock deal; estimates show the deal could be valued at $1.17B  —  U.S.-listed video platform Rumble (RUM.O) is considering a potential offer of about $1.17 billion (1 billion euro) for German AI cloud group Northern Data AG …
Matt Burgess / Wired:
UK researchers estimate 80 game cheat-selling websites generate $12.8M to $73.2M annually from 30K to 174K 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 …
Alex Knapp / Forbes:
Tahoe Therapeutics, which is building AI models of living cells, raised $30M led by Amplify Partners at a $120M valuation, taking its total funding to $42M  —  The Palo Alto, California-based company, now valued at $120 million, has developed a scalable way to quickly generate crucial biological data needed …
More: FinSMEs
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 …
Bloomberg:
Sea is nearing a $100B market cap after its stock has soared 300%+ since early 2024, driven by Shopee's 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
Financial Times:
A long-running cyberattack campaign between Israel and Iran has continued since the June ceasefire, with Israel landing the most telling blows  —  A long-running campaign of cyber attacks has continued since a ceasefire ended the 12-day conflict  —  In the days after Israel launched …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:45 AM ET, August 11, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Fox News:
Sources: Bari Weiss faced “significant resistance” from CBS News staff after calling Alaska ballot controversy a “scandal”; staff said it was routine politics

Alex Weprin / The Hollywood Reporter:
Filing: Byron Allen sold his 10.7% Starz stake over August and September, netting a bit less than $45M; he acquired it from Steve Mnuchin's Liberty 77 for $25M

Wall Street Journal:
MGM Resorts says talks with People Incorporated are over, after each weighed buying the other; MGM amended its voting deal with People, which owns ~27% of MGM

More News

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” of subscribers in 2021

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; the New York Fed says US CS grads aged 22 to 27 face a 6.1% unemployment rate
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