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August 11, 2025, 10:25 AM
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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 …
More: New York Times, BBC, Reuters, CNBC, Tom's Hardware, TechCrunch, The Hill, HotHardware, Transformer, CNBC, Reuters, Engadget, Moneycontrol, Telegraph, Fierce Electronics, Wall Street Journal, PCMag, The Boston Globe, Associated Press, Washington Examiner, Investing.com, National Review, Fast Company, Spyglass, Hong Kong Free Press HKFP, UPI, Wall Street Pit, Fortune, Yahoo Finance, City A.M., Fortune, Forbes, The Economic Times, RTHK, Daily Sabah, Investment Monitor, The Register, Benzinga, Finance Magnates, Daily Mail, Silicon Republic, Semafor, The Information, MarketWatch, PC Gamer, Axios, ZeroHedge News, Investor's Business Daily, The Guardian, NewsMax.com, Capital Brief, and Gizmodo
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LinkedIn: Christopher Padilla and Liza Tobin
Forums: r/Destiny, r/technology, r/neoliberal, r/politics, r/hardware, r/intelstock, r/China, r/Conservative, r/AMD_Stock, r/StockMarket, and r/Economics
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
Sam Tobin / Reuters:
A UK judge dismisses Wikimedia's Online Safety Act challenge over requiring Wikipedia to verify users and contributors' IDs, but says it can file new challenges  —  The operator of Wikipedia on Monday lost a legal challenge to parts of Britain's Online Safety Act, which sets tough new requirements …
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
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, a 32% discount  —  U.S.-listed video platform Rumble (RUM.O) is considering a potential offer of about $1.17 billion (1 billion euro) …
Saritha Rai / Bloomberg:
Malaysian startup Zetrix unveils NurAI, a chatbot for Muslims that it 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

Wall Street Journal:
President Trump was evacuated from the White House Correspondents' Dinner after loud sounds were heard in the hotel; a shooting suspect has been apprehended

Aidan McLaughlin / Vanity Fair:
A look at Tony Dokoupil's tenure, with tumbling ratings and his kid-glove questioning of the powerful, as he became the face of the Weiss revolution at CBS News

Michael M. Grynbaum / New York Times:
Sources: AG Todd Blanche, WHCA President Weijia Jiang, CBS News President Tom Cibrowski, and Bari Weiss attended Paramount's dinner at the US Institute of Peace

More News

Earlier Picks

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
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