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September 1, 2025, 2:30 PM
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| Naga Avan-Nomayo / The Block: |
WLFI, Trump's World Liberty Financial token, begins trading at ~$0.30, implying a ~$7.5B market cap; ~24.67% of its 100B supply was in circulation at the open — - The native token of World Liberty Financial, a DeFi project backed by Donald Trump and his family, began spot trading on exchanges.
More: Binance, Decrypt, DL News, BeInCrypto, Unchained, Wall Street Journal, Financial Times, Cointelegraph, Coinspeaker, The Crypto Basic, Bitcoin Insider, crypto.news, Barron's Online, Bloomberg, CryptoSlate, The Coin Republic, Blockchain.News, Reuters, The Daily Hodl, Cryptonews, CoinGape, The Crypto Times, Coinpedia Fintech News, CoinJournal, Crypto Briefing, and CoinDesk
| Bloomberg: |
Sources: OpenAI is scouting local partners to set up a 1GW+ data center in India, although the exact timeline is unclear; Sam Altman is set to visit this month — OpenAI is seeking to build a massive new data center in India that could mark a major step forward in Asia for its Stargate …
More: Livemint, Silicon Republic, Reuters, Inc42 Media, Business Standard, and The Decoder. X: @sankalp_sp
| Kelsey Warner / Semafor: |
Source: G42 is talking to AWS, Google, Meta, Microsoft, and xAI to become tenants at its UAE-US AI Campus, and aims to diversify chip suppliers beyond Nvidia — THE SCOOP — Abu Dhabi-backed G42 is still negotiating with major American technology firms — with no agreements yet … | Aisha S Gani / Bloomberg: |
Internal memo: Revolut begins a secondary share sale for employees at $1,381.06 per share, valuing Revolut at $75B, up from $45B in a 2024 secondary share sale — Revolut Ltd. has kicked off a process for some employees to sell their shares in the company at a $75 billion valuation.
More: Sifted, The Guardian, Finextra, and The Irish Times
| Coco Feng / South China Morning Post: |
China's AI content labeling law takes effect, aligned with increased AI scrutiny, as concerns grow over misinformation, copyright infringement, and online fraud — The law requires explicit and implicit labels for AI-generated text, images, audio, video and other virtual content
More: Global Times, CGTN, and The Decoder
| Fred Vogelstein / Crazy Stupid Tech: |
Q&A with Cloudflare CEO Matthew Prince on why he thinks AI chatbots are killing the web and journalism, how his pay-per-crawl initiative can fix it, and more — Sixteen years ago Matthew Prince and classmate Michelle Zatlyn at Harvard Business School decided there was a better …
| Drew Harwell / Washington Post: |
Analysis: porn sites ignoring the UK's age verification law have seen a burst of traffic from UK users, while sites complying saw declines from UK IP addresses — The age-verification laws rapidly expanding across the United States and United Kingdom are bringing with them some surprising downsides …
More: TechCrunch, The American Spectator, and PC Gamer
Bluesky: @jsrailton, @jsrailton, @notjessewalker, @drewharwell.com, and @mikestabile
Forums: r/ukpolitics, r/KeepOurNetFree, and r/technology
| Financial Times: |
AI shopping agents have prompted sellers and brands to rethink selling online, as advertisers employ new techniques to appear more prominently in AI results — OpenAI, Perplexity and Google create AI-powered features, leading brands to rethink how they sell products online| Colleen Flaherty / Inside Higher Ed: |
A survey of 1,047 US college students on GenAI: 55% use the tech for brainstorming ideas, 18% now question the value of college more than they used to, and more — Key findings from Inside Higher Ed's student survey on generative AI show that using the evolving technology hasn't diminished … | Allie Garfinkle / Fortune: |
An interview with CrowdStrike CEO George Kurtz on the company's M&A strategy as it acquires Madrid-based data observability startup Onum for about $290M — George Kurtz, cofounder and CEO of CrowdStrike — COURTESY OF CROWDSTRIKE — Cybersecurity is more than just software … | J. Edward Moreno / Sherwood News: |
Q&A with Lyft CEO David Risher on Lyft's three profitable quarters in a row, its co-founders leaving the board, acquiring Freenow, robotaxi economics, and more — Lyft wants to shed its “second-place, domestic-only, only a business-to-consumer company” reputation. — 13M| Aditya Kalra / Reuters: |
Source: Indian fantasy sports startup Mobile Premier League plans to lay off ~60% of its local workforce, after the Indian government banned online paid games — Indian online gaming app Mobile Premier League (MPL) will sack about 60% of its local workforce as part of a major downsizing … | Emily Mullin / Wired: |
A policy doc authored in July by seven Chinese government departments outlines plans to create a globally competitive brain-computer interface industry by 2030 — A new policy document outlines China's plan to create an internationally competitive BCI industry within five years … | Financial Times: |
A profile of Chinese AI chip designer Cambricon, whose share price has doubled since the start of August, supported by Beijing's push for tech self-sufficiency — The young chipmaker has software advantages over much larger rival Huawei as it aids Beijing's race for tech self-sufficiencySponsor Posts
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Zoho:
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IDrive:
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Great Chat:
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Channels with Peter Kafka:
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The Social Radars:
Tom Blomfield, Partner, Y Combinator; Co-Founder, Monzo
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Tools and Weapons with Brad Smith:
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