Techmeme
August 13, 2026, 6:10 PM

Top News

Tulsee Doshi / Google:
Google unveils Gemini 3.7 Flash, its “most intelligent workhorse model” for coding and agents, pricing it at $0.75/1M input and $3.75/1M output tokens at launch  —  Our most intelligent workhorse model yet for coding and agents.  —  Senior Director, Product Management, on behalf of the Gemini team
Patrick Howell O'Neill / Bloomberg:
President Trump signs a memo letting the US government partner with private companies to conduct cyberattacks abroad against criminal groups targeting Americans  —  The US government is partnering with private-sector firms to launch cyber attacks abroad, expanding the scope of national security operations …
The Information:
DeepSeek launches V4-Pro, its most advanced model that rivals Kimi K3 on some benchmarks but is priced much lower, at $0.435/1M input and $0.87/1M output tokens  —  Chinese AI developer DeepSeek has launched its flagship model, V4-Pro, to mixed reviews from users, with some expressing disappointment.
Saritha Rai / Bloomberg:
DeepSeek raises prices, adding dynamic pricing, ahead of a potential IPO; V4-Flash output tokens go from $0.28/1M to $1.32 during peak hours and $0.66 off-peak  —  DeepSeek is steeply raising the prices for its flagship V4 models ahead of a potential initial public offering …
Financial Times:
Sources: Anthropic's investors expect it to float at a $2T+ valuation in an October IPO and to hit $100B to $120B in annualized revenue by the end of 2026  —  Anthropic investors expect the AI start-up to float at a valuation of $2tn or more in October, a dizzying figure that would eclipse SpaceX …
Bloomberg:
Shirin Ghaffary / Bloomberg:
OpenAI hires Dali Rajic, COO of Alphabet's Wiz, as chief revenue officer, replacing ex-Slack CEO Denise Dresser, who was hired in December 2025 and will leave  —  OpenAI is naming its second new chief revenue officer in less than a year, a sign of efforts to bolster sales growth ahead of a highly anticipated Wall Street debut.
Zac Hall / 9to5Mac:
OpenAI previews Ultrafast, an API tier powered by Cerebras that runs GPT-5.6 Sol up to 14× faster and generates up to 750 output tokens per second  —  OpenAI is previewing a new way to run its most capable GPT-5.6 model at dramatically higher speeds.  The company says its new Ultrafast …
Ara Kharazian / Ramp:
Ramp's July AI index: Anthropic's market share hit 43.5%, widening its lead over OpenAI; Fable 5 is only 6% of tokens businesses bought, likely due to high cost  —  Dear Colleagues: Today's letter includes my monthly update of Ramp AI Index, our flagship research using spend data from Ramp to track how American businesses are using AI.
Todd Bishop / GeekWire:
Microsoft begins merging its consumer and commercial Copilot apps into a single app, with a mobile and web rollout in mid-August and desktop in mid-September  —  Microsoft is starting the process of combining its consumer and business Copilot apps into one, laying the structural foundation for an upcoming …
Krisztian Sandor / CoinDesk:
Tether says KPMG completed Tether's first full audit and found its 2025 financial statements fairly presented its financial position in all material respects  —  Tether, the company behind the world's largest stablecoin USDT USDT  —  , said Thursday that it had completed a full financial audit …
Washington Post:
Flock says it will now require US law enforcement to label every license plate search with a criminal case number, after a WaPo investigation into police misuse  —  The license-plate-reader firm said it will require stricter oversight after a Washington Post investigation found dozens …
Lauren Feiner / The Verge:
Sarah Perez / TechCrunch:
X makes the source code for its For You timeline available on GitHub and adds tools to let users see if X's ranking systems “shadowbanned” them  —  X is significantly expanding its open-source codebase, which includes the app's “For You” algorithm and its core ranking engine …
Samantha Subin / CNBC:
Databricks closed a $5B funding round at a $190B valuation, six months after raising $5B at a $134B valuation, and says it has crossed $7B in revenue run rate  —  Databricks on Thursday said it closed a $5 billion funding round at a $190 billion valuation.  —  The company said that it has …
Reuters:
Chris Welch / Bloomberg:
US-based robot vacuum maker Matic rolls out a firmware update that lets users control its $1,245 vacuum with voice commands in more than 70 languages  —  The device, from Silicon Valley brand Matic, can be controlled fully by voice instructions, helping it stand apart from the competition.
Stephen Totilo / Game File:
Netflix is closing game studios Night School Studio, which it acquired in 2021, and Moonloot, and is also cutting jobs from its internal games team  —  Oxenfree Night School and Moonloot closing, as streaming giant continues to shrink internal game studio operation
Jonathan Vanian / CNBC:
Reddit will join the S&P 500 on August 18, becoming only the second pure-play social media company in the index after Meta; RDDT jumps 10%+ after hours  —  Reddit shares rose 11% in extended trading on Thursday on the social media company's inclusion in the S&P 500.
Shaurya Malwa / CoinDesk:
Coinbase, Block, BitGo, and 70+ other crypto companies say frontier AI safety guardrails hinder legitimate security work while cyberattackers use stronger tools  —  More than three dozen bitcoin and crypto companies have asked the largest AI labs to give open-source security researchers early access …
Katie Tarasov / CNBC:
Inside SK Hynix's $720B Yongin Cluster, which it says will be the world's largest network of memory factories and is set to go into production in February 2027  —  In South Korea, where a mountainous landscape makes building huge projects an incredible undertaking, the world's leading maker …
Frederic Lardinois / The New Stack:
OpenAI launches Computer History, an opt-in feature that turns recent computer activity on macOS into memories and a timeline that ChatGPT and Codex can use  —  OpenAI's opt-in Computer History captures a local timeline of Mac activity so ChatGPT Work can recover context across selected apps and sites.
Reuters:
Filings and sources: Microsoft closed 15+ branch offices and joint ventures in China over the past five years, amid China pushing domestic software since 2017  —  Microsoft once regarded the idea of quitting China as unthinkable.  —  The year was 2010 and Google was about to exit due to concerns over censorship and cyberattacks.

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Alex Townsend:
Financial Times: