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August 11, 2025, 8:50 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.
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
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
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
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 …
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.
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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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

Michael M. Grynbaum / New York Times:
The White House TV pool remained suspended as of Thursday evening, as networks awaited a formal White House agreement to let CNN participate again in the pool

Wall Street Journal:
Sources: MGM Resorts is weighing a bid to purchase Barry Diller's People Incorporated, after Diller withdrew People's bid to buy MGM; People holds ~27% of MGM

Todd Spangler / Variety:
The judge in the Paramount-WBD antitrust case holds off on approving a settlement until parties respond to concerns outlined in a letter by Senator Cory Booker

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” 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; CS majors face a 6.1% unemployment rate in the US among grads aged 22 to 27
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