Techmeme
August 5, 2026, 4:00 PM

Top News

Axios:
Demis Hassabis is stepping down as CEO of Google DeepMind to be the unit's chairman and will add the title of Alphabet chief scientist; GOOG drops 3%+  —  Demis Hassabis is leaving his role as CEO of Google DeepMind to be the unit's chairman.  Chief scientist Jeff Dean and several Google AI colleagues …
Steven Levy / Wired:
Jeff Dean and three other Google execs are leaving to launch Discovery Loop, which will seek AI-powered breakthroughs in drug discovery, chip design, and more  —  Jeff Dean and other high-profile Google executives have founded Discovery Loop, a startup that will seek AI-powered breakthroughs …
Cade Metz / New York Times:
Discovery Loop, co-founded by Jeff Dean, is backed by seed funding from Radical Ventures, Khosla Ventures, and others; Google also has a stake in the company  —  Jeff Dean, who for years was one of Google's most important executives, is leading the new artificial intelligence company with the backing of Google.
Lora Kolodny / CNBC:
Uber reports Q2 revenue up 12% YoY to $14.19B, below $14.24B est., Gross Bookings up 24% to $58B, and forecasts Q3 adjusted EPS below estimates; UBER drops 6%+  —  Uber issued a forecast for bookings and earnings that trailed analysts' estimates, while second-quarter profit was in line with expectations.
Natalie Lung / Bloomberg:
Tom Carter / Business Insider:
Deborah Sophia / Reuters:
Shopify reports Q2 revenue up 34% YoY to $3.58B, above $3.45B est., GMV up 32% YoY to $115.57B, and forecasts Q3 revenue growth above est.; SHOP jumps 19%+  —  Canada's Shopify projected current-quarter revenue growth above Wall Street estimates on Wednesday, signaling the company's AI efforts …
Brooks Barnes / New York Times:
Disney announces a global deal with TikTok to bring “thoughtfully curated” fan-created short-form videos based on Disney's IP to Disney+'s vertical feed Verts  —  Disney said it would allow “thoughtfully curated” fan-created videos, using clips from its library, to appear on the streaming service.
Sam Sabin / Axios:
The UK AISI says it observed 17 cases of Mythos 5 and two cases of GPT-5.6 Sol trying to hack people and organizations during a routine cyber evaluation in July  —  The U.K. AI Security Institute said it observed nearly 20 instances of Anthropic and OpenAI's most advanced models trying …
Wired:
Joseph Cox / 404 Media:
Mysk: Apple's Private Relay tool can leak users' IP addresses due to issues in Apple's WebKit browser engine, also affecting OnionBrowser, a Tor browser for iOS  —  Researchers found a group of issues that mean Private Relay isn't actually protecting users' real IP addresses.
Jay Peters / The Verge:
Reddit expands its test of Rules Hub, a suite of tools that rely on LLMs to help moderators manage their communities, and plans a full launch later this year  —  It's also planning big changes for developers and old Reddit. … Reddit is enlisting AI to help moderate new subreddits — and eventually the rest of site.
Mia Sato / The Verge:
Abner Li / 9to5Google:
Google says it will begin removing Google Assistant from Android and Wear OS devices on September 4, replaced by Gemini; Assistant will remain on connected cars  —  As expected, Google Assistant is going away in 2026, and the company just provided a September 4 date for Android.
Jonathan Vanian / CNBC:
Meta releases Muse Code in beta, a terminal coding agent powered by Muse Spark 1.2, a coding-focused model priced at $1.25/1M input and $4.25/1M output tokens  —  Meta is rolling out its first coding agent called Muse Code as the company tries to challenge leading AI labs Anthropic and OpenAI.
Shubhangi Goel / Business Insider:
Elon Musk says SpaceX has decided to “build exclusively on Nvidia because we think the Vera Rubin architecture is the best architecture”  —  SpaceX says it's ready to be a one-chip supplier company.  —  On SpaceX's highly anticipated earnings call on Wednesday …
Kai Williams / Understanding AI:
At the 2026 International Congress of Mathematicians, 20+ mathematicians reflect on how AI advances are transforming their work and field; many are optimistic  —  I talked to 20 mathematicians about rapid AI progress in their field. … At a July 23 press conference in Philadelphia …
Jeff John Roberts / Fortune:
Cloudflare announces Cloudflare Wallets so users can pay for APIs and content via stablecoins, with the ability to create Virtual Wallets for agentic shopping  —  The field of agentic commerce—a term that describes the use of bots for online buying and selling—is evolving fast.
Business Insider:
Source: Yunfeng Capital, a PE firm co-founded by Jack Ma, invested ~$30M in AI insurance tech startup Corgi, leading a round that reportedly valued Corgi at $4B  —  Jack is back.  —  Chinese billionaire Jack Ma's private equity firm secretly led the latest funding round for Corgi …
Ivan Mehta / TechCrunch:
Hark, founded by Figure AI CEO Brett Adcock, previews Handoff, a computer use agent it says outperforms GPT-5.4 and Opus 4.8, and plans for a summer release  —  Hark, a startup that raised $700 million in Series A funding in May, today launched its agent Hark Handoff, which can use a browser efficiently to complete tasks.
Olga Kharif / Bloomberg:
Circle reports Q2 revenue up 7% YoY to $701M, vs. $712M est., net income of $48M, vs. $43M est., and ~$73.4B USDC circulation on June 30; CRCL is down 20%+ YTD  —  Circle Internet Group Inc. presented a mixed bag for investors.  The largest US stablecoin issuer reported higher-than-forecast earnings …
Maria Curi / Axios:
Sources: the US' AI framework excludes open models and defines a covered frontier model as closed source with SOTA capabilities and national security risks  —  The White House is excluding open models from its framework to test advanced AI capabilities, sources familiar with the matter told Axios.
Antoaneta Roussi / Politico:
Study: Palantir's European units made €440.5M in 2024 revenue but reported far smaller profit margins than its US operations, helping cut its European tax bills  —  A new study finds that Palantir, which boasts of high profit margins in the U.S., barely scrapes a margin in Europe, which helps slash its tax bill.
Todd Bishop / GeekWire:
SpaceX reports Q2 connectivity revenue, including Starlink, up 66% YoY to $4.29B, vs. $3.83B est., and Starlink subscribers up 100% YoY to 12M, vs. 12.19M est.  —  The satellites rolling off the line in Redmond, Wash., are paying for Elon Musk's AI ambitions — and he says the company's …
Reuters:

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Olivia Carville / Bloomberg:
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