Techmeme
July 23, 2026, 10:40 AM

Top News

Bloomberg:
Sources: three OpenAI models breached Hugging Face's internal systems in a matter of hours, an attack that would have taken a talented hacker a couple of weeks  —  When OpenAI's advanced artificial intelligence models breached AI startup Hugging Face's internal systems last week …
Financial Times:
Sources: OpenAI's staff were “freaked out” when its AI models breached Hugging Face, as OpenAI used more aggressive training methods to compete with Anthropic  —  Increasing use of aggressive training techniques sharpens threat of bad behaviour by leading models
Politico:
Bipartisan US House lawmakers introduce the AI Kill Switch Act, which would grant the DHS the authority to shut down or slow AI models that it deems dangerous  —  A bipartisan House bill slated to be introduced on Thursday would give the Department of Homeland Security the authority …
Ryan McMorrow / Financial Times:
Google reports Q2 free cash flow at negative $5.9B amid increased AI infrastructure spending, marking its first cash burn since going public in August 2004  —  Search giant says it will commit up to $205bn to AI investments in 2026  —  Google burned through cash in the second quarter …
Alphabet:
Alphabet reports Q2 revenue up 24% YoY to $119.8B, vs. $116.9B est., Google Cloud revenue up 82% YoY to $24.8B, and Google Services revenue up 15% YoY to $94.5B  —  MOUNTAIN VIEW, Calif. - July 22, 2026 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended June 30, 2026.
Emma Roth / The Verge:
Google says Gemini now has 950M MAUs, up from 900M in May and 750M in February, and that daily active users tripled over the past year  —  Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Todd Spangler / Variety:
Alphabet reports YouTube's Q2 ad revenue up 13% YoY to $11.06B, above $10.8B est., and Google ad revenue up 14% YoY to $81.63B  —  Video giant YouTube, one of the world's biggest entertainment businesses, continues to turn in double-digit increases in ad revenue.
Jack Ewing / New York Times:
Ford says Apple's software will be available in its new EVs, helping determine autonomous driving via Apple Maps, and they are working to improve self-driving  —  In a first, Apple Maps will influence the way a new line of electric vehicles made by Ford Motor operates, and other automakers may follow.
New York Times:
The European Commission fines Google €890M under the DMA for illegally undercutting competition through its search dominance and Google Play app developer rules  —  At a tense moment for trans-Atlantic trade, the European Union accused Google of anti-competitive business practices.
Reece Rogers / Wired:
Google launches a selfie video sign-in option for account recovery, utilizing tools like liveness detection to mitigate deepfake risks, rolling out globally  —  The next time you're locked out of your Google account, you can use your face as part of the account recovery process.
Akanksha Khushi / Reuters:
Crypto exchange BitMEX says it will shut down on September 23 and users' assets are safe; Trump pardoned its founders in 2025 for failing to implement AML rules  —  Cryptocurrency exchange BitMEX said on Thursday that it will shut down its operations, effective September 23 …
David Yaffe-Bellany / New York Times:
The Senate's Clarity Act, a crypto industry-backed bill set for a vote this summer, is mired in debate over rules to stop Trump from selling digital currencies  —  Democrats and Republicans are haggling about the Clarity Act, a major bill pushed by the crypto industry, as it moves closer to a Senate vote.
Sophia Cai / Politico:
The Little Tech Association, a new group of ~200 companies across the startup community, including Y Combinator, urges Trump not to ban Chinese open-weight AI  —  Almost 200 Silicon Valley companies, including Proton and Y-Combinator, are urging the Trump administration not to cut off access …
Sara Fischer / Axios:
Mark Zuckerberg launches a media campaign positioning the company's AI development as an optimistic, pro-human alternative to its competitors' “dystopian” ideas  —  Meta CEO Mark Zuckerberg on Thursday laid out an optimistic view of the agentic future, arguing the company's focus …
Zijing Wu / Financial Times:
The debate over Moonshot AI founder Yang Zhilin's departure from the US misses a larger structural reality: China has built a homegrown AI talent pipeline  —  More entrepreneurs from China believe there are now greater opportunities at home than in Silicon Valley
Reuters:
Sources: Intel and AMD are signing longer-term server CPU purchase commitments with Chinese customers; prices of some CPU products are up 40%+ in China YTD  —  U.S. chipmaking giants Intel (INTC.O) and Advanced Micro Devices (AMD.O) are signing longer-term purchase commitments …
Fred Gao / Inside China:
In a leaked four-hour investor talk, DeepSeek's Liang Wenfeng says the main US-China gap is compute access, Nvidia's CUDA moat is disintegrating, and more  —  In a rare four-hour talk, the reclusive founder reveals an almost Daoist philosophy of AI—AGI as a tide no company can own …
Washington Post:
US GAO study: Amazon workers on federal aid tripled from February 2020 to September 2025; ride-hailing and delivery apps topped employers with workers on aid  —  Amazon workers on federal aid nearly tripled between 2020 and 2025, while ride-hailing and food delivery app drivers shot …

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Reuters:
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Sean O'Kane / TechCrunch: