Techmeme
August 3, 2026, 10:55 PM

Top News

Maria Curi / Axios:
The White House says it has met its deadline to establish a voluntary framework for evaluating advanced AI models; it did not provide details of the framework  —  The White House said on Monday it met its deadline to establish a voluntary framework for evaluating advanced AI models …
The Information:
Sources: the Trump administration invites staffers from OpenAI, Google, Anthropic, and others to the White House on Tuesday to review the AI oversight framework  —  The Trump administration has invited staffers from major tech companies including OpenAI, Google and Anthropic to the White House …
Samantha Subin / CNBC:
Palantir reports Q2 revenue up 93% YoY to $1.94B, vs. $1.8B est., US commercial revenue up 149%, and raises FY'26 revenue guidance; PLTR jumps 14%+ after hours  —  Palantir topped second-quarter earnings estimates on Monday and said commercial revenue more than doubled from a year ago.
Jonathan Vanian / CNBC:
Snap reports Q2 revenue up 19% YoY to $1.6B, vs. $1.54B est., DAUs up 5% to 493M, vs. 487M est., forecasts Q3 revenue above est.; SNAP jumps 10%+ after hours  —  Snap reported better-than-expected revenue and earnings for the second quarter and issued a forecast for the current period that topped analysts' estimates.
Jeran Wittenstein / Bloomberg:
Amazon becomes the fifth company to reach a $3T market cap, joining Nvidia, Alphabet, Microsoft, and Apple; its stock closed up 4.58% on Monday  —  Amazon.com Inc. surpassed $3 trillion in market value for the first time, becoming only the fifth company to ever reach the milestone.
Kai Nicol-Schwarz / CNBC:
The EU's AI Act enforcement powers take effect, letting it evaluate AI models before regional release, restrict EU market access, fine model providers, and more  —  The European Union gained new powers to inspect AI models, restrict EU market access and fine model providers …
Tim Bradshaw / Financial Times:
UK court filing: in July, Apple launched a new legal challenge against the UK government's attempt to create a “backdoor” to access encrypted customer data  —  iPhone maker files complaint over latest government demand to allow access to encrypted user data
The Verge:
Zack Whittaker / TechCrunch:
Samsung says it's restricting app registrations and removing apps with SDKs that can turn smart TVs into residential proxy exit nodes, after a similar ban by LG  —  Several popular Samsung smart TV apps contain code that share the owner's internet connection with strangers …
Katherine Hamilton / Wall Street Journal:
Visa plans to acquire Israeli company BioCatch, which uses AI to detect fraud and distinguish legitimate users from attackers in real time, for $2.4B in cash  —  BioCatch uses artificial intelligence to detect fraud and distinguish legitimate users from attackers
The Texas Tribune:
Texas halts approval of data center grid connections until audits are performed; projects representing 474+ GW are in the queue, over 5x the grid's peak demand  —  On Monday, the governor ordered the Public Utility Commission of Texas and the Electric Reliability Council of Texas to audit …
Axios:
Source: Dario Amodei expressed concern about staff coming to Anthropic for the money rather than the mission, as Anthropic, OpenAI, and others battle for talent  —  Top AI researchers continue to jump between leading AI labs as competition for elite talent intensifies.
Devlin Barrett / New York Times:
Court docs: an FBI agent has been charged with amassing ~$1M worth of cryptocurrency, largely by making unauthorized withdrawals from a criminal target overseas  —  The agent confessed to making unauthorized withdrawals from a criminal target overseas, according to court papers.
Dietrich Knauth / Reuters:
TikTok agrees to settle three more teen social media lawsuits ahead of trial; 2,600 cases with similar claims are pending in California federal court  —  TikTok has agreed to settle three lawsuits brought by young people who accuse social media companies of designing their platforms …
Kate Park / TechCrunch:
Horizon3, whose AI penetration testing platform NodeZero helps find and exploit attack paths in production systems, raised a $250M Series E at a $2B valuation  —  Cybersecurity startup Horizon3 has raised a $250 million Series E at a $2 billion valuation, more than tripling its valuation in 14 months.
Luz Ding / Bloomberg:
Alibaba says its 2.4T-parameter Qwen3.8-Max tops Moonshot's Kimi K3 on some benchmarks and it plans to release Qwen3.8-Max's and Qwen3.8-27B's weights next week  —  Alibaba Group Holding Ltd. released its latest flagship AI model, with performance claims putting it alongside global leaders like Anthropic's Fable.

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More News

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Earlier Picks

Anthony Ha / TechCrunch:
Tim Bradshaw / Financial Times:
Washington Post:
Zvi Mowshowitz / Don't Worry About the Vase: