| New York Times: |
Some lawyers and bankers say the Intel deal may face legal challenges as the CHIPS Act may not allow the US government to convert grants into equity — The deal is among the largest government interventions in a U.S. company since the rescue of the auto industry after the 2008 financial crisis.| Reuters: |
Some experts say Trump's extraordinary intervention is unlikely to save Intel, which faces challenges with poor yields and competition from TSMC and Nvidia — U.S. President Donald Trump is injecting nearly $9 billion into Intel(INTC.O) in exchange for a 9.9% equity stake.| Wall Street Journal: |
| The Guardian: |
Sources: in a meeting with UK Technology Secretary Peter Kyle, Sam Altman proposed giving ChatGPT Plus to everyone in the UK, a deal that would have cost £2B — Exclusive: Deal that could have cost £2bn was floated at meeting between technology secretary Peter Kyle and Sam Altman| Bloomberg: |
Sources: Foxconn recalled ~300 Chinese engineers from its Indian plant making iPhone parts, replacing them with Taiwanese staff, its second such move in months — Apple Inc. assembly partner Foxconn Technology Group has recalled about 300 Chinese engineers from a factory in India … | Anthony Ha / TechCrunch: |
OpenAI warns investors against “unauthorized opportunities” to gain exposure to its equity, including through special purpose vehicles — In a new blog post, OpenAI warns against “unauthorized opportunities to gain exposure to OpenAI through a variety of means,” including special purpose vehicles, known as SPVs.| Business Insider: |
| Cecilia D'Anastasio / Bloomberg: |
How AI is increasingly being used to replace human content moderators, who say that the tech is not yet capable of reliably identifying harmful content — Kevin decided on a career in content moderation after his YouTube recommendations took a bewildering swerve.| Mike Allen / Axios: |
Airbnb co-founder Joe Gebbia, named by Trump as the first US chief design officer, says he wants to update federal websites to an “Apple Store-like experience” — Joe Gebbia — a co-founder of Airbnb who was named by President Trump this week to be the first U.S. chief design officer … | Dean Seal / Wall Street Journal: |
FanDuel partners with CME Group to offer event-based contracts, letting users wager “yes” or “no” on financial events and benchmarks, starting later this year — The sports-betting platform's deal with CME Group might ultimately lead it to making markets for sports-related events| Sarah Perez / TechCrunch: |
Bluesky blocks access to its service in Mississippi, saying it doesn't have the resources to comply with the state's broad new law requiring age verification — Social networking startup Bluesky has made the decision to block access to its service in the state of Mississippi, rather than comply with a new age assurance law.| Alex Heath / The Verge: |
Q&A with David Luan, head of Amazon's AGI research lab, on leaving Adept in a reverse acquihire deal, why he believes progress on AI models has slowed, and more — Why Amazon AGI Labs chief David Luan thinks solving agents is the next ‘S-curve’ for AI.| The Hindu: |
Major real-money gaming platforms in India halted cash games after President Murmu signed the Promotion and Regulation of Online Gaming Act, 2025, into law — Most major platforms over August 21 and August 22 stopped offering cash games, in compliance with the Promotion and Regulation of Gaming Act … | Andy Mukherjee / Bloomberg: |
| Katie Tarasov / CNBC: |
A look at Texas Instruments' new 300mm wafer fab in Sherman, Texas, a part of its $60B US investment megaproject where some chips for iPhones will be made — When Texas Instruments announced a $60 billion manufacturing megaproject in July, it was a bold bet that companies … | Wall Street Journal: |
Sources: Nvidia has shown new versions of its Blackwell-based AI chips for Chinese customers to US officials, including one with ~80% of the peak performance — Chip designer hopes Trump will approve new design for sale in China, after Beijing tells its companies not to buy older product| Ephrat Livni / New York Times: |
An interview with Alex Kachkine, who shook the art world in June with a research paper in Nature on restoring paintings using AI, as he works to refine the tech — Alex Kachkine spends his days working on microchip research — a skill set surprisingly similar to that needed for restoration.| Bloomberg: |
Istanbul-based stock and crypto brokerage Midas raised an $80M Series B led by QED Investors, valuing the company, sources say, at nearly $1B — Turkey's first commission-free trading platform Midas is now valued at nearly $1 billion following its latest funding round, according to people familiar with the matter.| Lisa Wang / Taipei Times: |
TSMC's financial statement shows the company booked its first profit from its four-year-old Arizona subsidiary in H1 2025, reporting $150.1M in net profit — Taiwan Semiconductor Manufacturing Co (TSMC, 台.電), the world's biggest contract chipmaker, booked its first-ever profit … | Paige Smith / Bloomberg: |
Sources: Visa shut down its open-banking business in the US amid regulatory uncertainty; the unit provided tools to help fintechs access customer-account data — Visa Inc. shut its open-banking business in the US amid regulatory uncertainty about consumer-data rights and the prospect …
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