| Qianer Liu / The Information: |
Sources: Nvidia told suppliers like Amkor and Samsung to halt H20 chip production after China urged local tech firms to avoid H20 over alleged security concerns — Nvidia has told some of its component suppliers to suspend production work related to the H20, its chip tailor-made for the Chinese market … | Nikkei Asia: |
| Financial Times: |
Filing: OpenAI says Elon Musk talked to Mark Zuckerberg in February about backing a $97.4B OpenAI bid, but neither Zuckerberg nor Meta signed a letter of intent — Tesla billionaire made offer for ChatGPT maker's core business in February — Elon Musk attempted to enlist Mark Zuckerberg … | The Information: |
Source: Meta has signed a deal with Google, worth more than $10B over six years, to use Google Cloud's servers, storage, networking, and other services — Google has struck a major cloud computing deal with Meta Platforms, according to two people familiar with the matter.| Nikou Asgari / Financial Times: |
Sources: EU officials are fast-tracking digital euro plans, and considering Ethereum or Solana over a private blockchain after the US passed the Genius Act — Concern over competitiveness raises possibility of digital currency using public rather than private blockchain| Mark Gurman / Bloomberg: |
Sources: Meta has poached Frank Chu, an Apple exec who led AI teams focused on cloud infrastructure, training and search, despite Meta's plans to slow hiring — Meta Platforms Inc. is hiring another key Apple Inc. artificial intelligence executive, even as the social networking company prepares … | Andrew Osborn / Reuters: |
Russia orders that state-backed messenger app MAX, which critics say could be used to track users, must be pre-installed on phones and tablets from next month — A Russian state-backed messenger application called MAX, a rival to WhatsApp that critics say could be used to track users … | Morgan Chalfant / Semafor: |
Anthropic says it worked with the US National Nuclear Security Administration on a classifier to block concerning chats, like those on building nuclear reactors — With the government's help, Anthropic built a tool designed to prevent its AI models from being used to make nuclear weapons.| Casey Crownhart / MIT Technology Review: |
Google says the median Gemini app text prompt consumes 0.24Wh of energy, about the same as running a microwave for a second, and emits 0.03g of CO2 equivalent — Google has just released a technical report detailing how much energy its Gemini apps use for each query.| Wall Street Journal: |
Source: the Trump administration considers taking equity stakes in CHIPS Act recipients but not in firms that are increasing US investment, like TSMC and Micron — The Trump administration is considering taking equity stakes in companies receiving funds from the 2022 Chips Act but has no plans … | The Information: |
Sources: OpenAI has been partially using Google search results scraped by a startup called SerpApi for ChatGPT responses on current events like news and sports — As it tries to unseat Google, OpenAI is relying on search data from an unlikely source: Google.| Gregory Korte / Bloomberg: |
Trump signs an EO creating the National Design Studio to improve “websites and physical sites”; sources say he's tapping Airbnb co-founder Joe Gebbia to lead it — President Donald Trump signed an executive order Thursday creating a new post for the government's chief design officer … | Brody Ford / Bloomberg: |
Zoom reports Q2 revenue up 5% YoY to $1.22B, Enterprise revenue up 7% to $730.7M, vs. $716.7M est., raises FY 2026 forecast above est.; ZM jumps 6%+ after hours — Zoom Communications Inc. gave a stronger-than-expected annual outlook for sales growth, and raised its fiscal-year forecast … | Anna Tong / Reuters: |
OpenAI says its Chief People Officer Julia Villagra will leave on August 22; Villagra joined in February 2024 and was promoted to the role in March 2024 — OpenAI's chief people officer, Julia Villagra, is leaving the company on Friday, the company confirmed to Reuters.| Munsif Vengattil / Reuters: |
OpenAI sets up a legal entity and plans to open its first office in India after launching ChatGPT Go, its cheapest plan, in the country on August 19 — ChatGPT parent OpenAI will open its first India office in New Delhi later this year, deepening its push in its second-largest market by user numbers.| Marcus Mendes / 9to5Mac: |
Y Combinator filed an amicus brief in support of Epic Games in their antitrust lawsuit against Apple, calling App Store fees “a punitive tax on innovation” — It's been a busy news day for the Epic Games vs. Apple case. Startup accelerator (and Epic Games' biggest investor) … | Julia Shapero / The Hill: |
Google will provide Gemini for Government to US federal agencies at $0.47 per agency through 2026; OpenAI and Anthropic are offering their products for $1/year — Google will provide a suite of artificial intelligence (AI) and cloud services to federal agencies for 47 cents each … | The Information: |
Source: Snap is considering raising outside money to fund Spectacles development or spinning off Spectacles, to compete with deeper-pocketed rivals like Meta — For nearly as long as Evan Spiegel has run Snap Inc., his big bet has been on Spectacles, the company's augmented reality glasses.
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