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August 28, 2026, 5:20 PM
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memeorandum
WeSmirchTop News
| Sean O'Kane / TechCrunch: |
a16z creates a $1.1B Machine Age fund focusing on hardware to “open the throttle and accelerate the physical buildout of AI” — Andreessen Horowitz has launched a new “Machine Age” fund with $1.1 billion raised. The firm's aim with the new fund is to “open the throttle and accelerate the physical buildout of AI.”
More: Andreessen Horowitz, PitchBook, PYMNTS, Wall Street Journal, RuntimeWire, and Bloomberg
| Paresh Dave / Wired: |
Sources: Meta is testing robots from ABB and others to handle data center tasks such as swapping cables and resetting servers as it seeks to lower labor costs — The company is testing robots that can swap cables, reset servers, and take on other tasks performed by technicians …
More: Decrypt and iPhone in Canada
Bluesky: @carljanderson, @five-oclick-tech, @gearcinco, @evasmorris, and @tnewmsblues
| Jiyoung Sohn / Wall Street Journal: |
South Korea unveils a project with KT, SK Telecom, and Kakao to provide premium AI tools to the public for free, a move that treats AI like a public utility — Seoul wants to direct use of homegrown AI chatbots to reduce reliance on U.S. or Chinese options, footing the bill and offering unlimited tokens| Jack Queen / Reuters: |
A US judge blocks the Pentagon from blacklisting Anthropic, ruling that its designation as a supply-chain risk was “illegal and baseless” — A U.S. judge on Thursday blocked the Pentagon's blacklisting of Anthropic, the latest turn in the Claude maker's high-stakes fight with the military over AI safety on the battlefield.
More: New York Times, CNBC, Washington Post, Associated Press, CIO.com, Tech Brew, The Hill, Ars Technica, Engadget, Wired, Politico, Techstrong.ai, RedState, The Guardian, CBS News, The Verge, Forbes, Techdirt, NOTUS, The Defense Post, The Independent, The Daily Caller, Shelly Palmer, Silicon Republic, TechCrunch, UPI, Gizmodo, Decrypt, International Business Times, Australian Financial Review, NewsCord, Telegraph, Quartz, Reuters, Wall Street Journal, MarketWatch, The Economist, Axios, InsideAIPolicy.com, Courthouse News Service, CNN, Political.org, Financial Times, The Decoder, CCIA, Business Today, and Semafor
Bluesky: @dwilliams1210.com, @evangreer, @carnage4life, @dearsarah, @kenbazinet, @kimmasters, @robertscotthorton, @emmajeankitty, and @mikescarcella. Mastodon: @Nonilex@masto.ai
Forums: Hacker News, r/neoliberal, r/ClaudeAI, r/law, r/technology, r/singularity, r/accelerate, and r/politics
| Alexandra S. Levine / Bloomberg: |
Meta intensifies its pressure campaign on TikTok and YouTube, running full-page ads in US newspapers demanding they adopt comparable teen safety protections — Meta Platforms Inc. is intensifying its public pressure campaign on TikTok and YouTube, running full-page advertisements …
More: Business Insider, Breitbart, Engadget, CNBC, and New York Times
| VideoCardz.com: |
Modders get an experimental version of Nvidia's DLSS 5 Neural Rendering library running in over a dozen games after it leaked in NBA 2K27's early access build — DLSS 5 mod spreads to Cyberpunk 2077, RDR2, TLOU2, Wukong and more — It took modders only hours to get the leaked NVIDIA DLSS …
More: VideoCardz.com, Kotaku, gabdeg on YouTube, Notebookcheck, Dexerto, XDA Developers, Polygon.com, PureDark on YouTube, SwurvGaming on YouTube, Frozburn on YouTube, The Verge, Digital Dreams on YouTube, BGR, RTX5070TILOVER on YouTube, Jessica Natalia Mods on YouTube, VideoCardz.com, IGN, r/nvidia, Tom's Hardware, GamesRadar, Wccftech, Creative Bloq, VideoCardz.com, KitGuru, Rock, Paper, Shotgun, and TechSpot
X: @swurvgaming, @swurvgaming, @planogaming, @nieamart, @soundoriented, @dvesf_yt, @grummz, @compusemble, @thegameverse, @grummz, @faizkyokaz, @boatsthisway, @swurvgaming, @genki_jpn, @dvesf_yt, @hdrgameanalysis, @mrpyo1, @pirat_nation, @samueldeats, @iaklsydney, @isthisa3dmodel, @thencsmaster, @deggerdevi36465, and @iaklsydney
Forums: r/nvidia, r/nvidia, r/controlgame, r/nvidia, r/TechHardware, and r/ItalyHardware
| Sarah Perez / TechCrunch: |
Bluesky launches a feature to let users hide their posts from non-followers in its Discover feed; other AT Proto apps can choose whether to respect the opt-out — After adding support for longer videos just yesterday, open social network Bluesky on Thursday introduced a new algorithmic opt …
More: Digital Trends and iPhone in Canada
Bluesky: @bsky.app, @arehotdogstacos, @jazzdaughter, @laetecks, @surfdude29.ispost.ing, @depressivehacks, @velvetvortex.rip, @usernamepanic, and @sapoorondo. Forums: r/BlueskySocial
| Bloomberg: |
A look at Beijing's AGI Bar, the unofficial clubhouse for China's AI industry where entrepreneurs trade gossip, recruit talent, and court investors over beers — Beloved by entrepreneurs, coders and investors, AGI Bar offers a window into the startup ecosystem challenging Silicon Valley.| The Information: |
Sources: the US is drafting a rule to close an export controls loophole that lets Chinese companies access AI chips via data centers in countries like Thailand — Soon after President Donald Trump began his second term in office in 2025, the White House announced it would undo export controls … | Fin / @fi56622380: |
Unlike internet's one-dimensional, flat-fee growth, AI grows across two exponentials, user penetration and tokens per user, allowing AI labs' economics to work — The next ARR growth engine after coding, the AI infra bubble, the Economics of open vs. closed source model Why is the AI semi buildout longer than the internet buildout?| Emily Graffeo / Bloomberg: |
Sources: AI cloud computing provider Lambda raised ~$1B of private short-dated debt to finance the purchase of Nvidia GPUs, which will be leased by Microsoft — Lambda Inc., an AI cloud-computing provider backed by Nvidia Corp., has raised about $1 billion of private short-dated debt … | Sydney Bradley / Business Insider: |
Filing: Lone Palm Labs, the startup behind friend-focused photo sharing app Retro, raised a $21M+ Series A from Thrive Capital and others — There's a social media app I like using more than Instagram or TikTok — and it's attracted serious investor interest.
More: TechCrunch and RuntimeWire
| Bloomberg: |
Sources: Advent and Stripe are no longer pursuing a deal to acquire PayPal; the group offered to pay $60.50/share in July, valuing PayPal at $53B — A consortium of buyout firm Advent and payment processor Stripe has decided to abandon its pursuit of fintech pioneer PayPal Holdings Inc. …
More: San Francisco Business Times, iPhone in Canada, Reuters, PaymentsJournal, American Banker, Quartz, Dow Jones Newswires, TechCentral.ie, Forbes, Proactive, Seeking Alpha, ZeroHedge News, Silicon Valley Business …, Cautious Optimism, Motley Fool, Blockonomi, Barron's Online, PYMNTS, The Information, Silicon Republic, Axios, Finimize, Engadget, Bloomberg Law, RTÉ, Investopedia, and Investor's Business Daily
| Todd Spangler / Variety: |
Apple TV raises prices in the US, with the monthly price up by $2 to $14.99, its fourth increase in four years; the individual Apple One tier rises $2 to $21.95 — Tech giant also ups price of Apple One multi-service bundle's individual plan — It's going to cost Americans a few more bucks to watch …
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X: @film_girl, @bzamayo, @film_girl, and @9to5mac
Forums: r/apple, r/technology, r/tvPlus, r/tmobile, r/ChaseSapphire, r/movies, r/MLS, r/formula1, r/popculturechat, and MacRumors Forums
| Joe Guszkowski / Restaurant Business: |
Owner, which makes AI agents that manage restaurants' websites, marketing, and other functions, raised a $240M Series D at a $2.3B valuation — The funding, led by Goldman Sachs Alternatives, will help Owner develop AI agents for independent restaurants. — Rob Lehman (Owner president and COO) … | Wall Street Journal: |
Sources: some tech companies are courting Democrats and hiring advisers to prepare for potential investigations if Republicans lose control of the House — Tech firms are courting Democrats and hiring advisers to prepare for potential investigations if Republicans lose control of the House
More: New York Magazine. Bluesky: @emptywheel, @matthewkeys.net, @froomkin, and @carlquintanilla
Forums: r/NewsThread, r/politics, r/anticapitalism, and r/technology
| Olivia Poh / Bloomberg: |
Stock trading app Ajaib raised a $270M Series C from SBI Holdings, the largest round since 2022 in Indonesia, where startups raised just ~$340M last year — Ajaib, an Indonesian online stock trading platform, scored $270 million in the country's largest tech fundraising round since 2022 … | Harry McCracken / Fast Company: |
How Meta founded FAIR in 2013, fell behind as it was distracted by the metaverse, and is spending an unprecedented amount of money trying to catch up — Meta's CEO, Mark Zuckerberg, posted an AI manifesto to his company's website in August. The 6,537-word missive resembled similar proclamations … | Bloomberg: |
Chinese memory chipmaker CXMT reports H1 revenue of ~$22.4B, more than double its 2025 sales, and ~$11.5B in profit, compared to a loss a year earlier — CXMT Corp.'s first-half revenue leapt almost 10-fold while profit surged, reflecting a rush for AI hardware that's made the memory chipmaker China's most valuable business.
More: MarketWatch, South China Morning Post, Reuters, Quartz, Taipei Times, Barron's Online, and Finimize
X: @jukan05 and @zephyr_z9
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X: @anthropicai, @mascobot, @deryatr_, @tobinsouth, @prathkum, @dsp_, @pvncher, @jkeatn, @emilyforlini, @anthropicai, @ckcapitalxx, and @pennycheck. Bluesky: @timkellogg.me. Forums: r/singularity
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