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August 28, 2026, 3:05 PM
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Top News

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.
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.”
Financial Times:
The UK Treasury tells the Bank of England to boost innovation in payment systems and digital money, as it seeks to promote the UK as a hub for stablecoins  —  Treasury gives central bank a new legal objective as part of effort to promote UK as hub for stablecoins
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
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. …
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
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 …
More: FinSMEs
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 …
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 …
Tanaya Macheel / CNBC:
BitGo agrees to buy NYDIG's institutional trading business and related assets, expanding BitGo's derivatives offerings; ~30 NYDIG employees are joining BitGo  —  The crypto infrastructure firm BitGo has agreed to buy the institutional trading business and related assets of NYDIG, CNBC has learned.
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?
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.
Bloomberg:
Tencent releases Hy4 Preview, a 770B-parameter open model with 1M context window, and says it outperforms Z.AI and Moonshot models in internal tests  —  Tencent Holdings Ltd. released a foundation model it says outperforms rivals Z.AI Co. and Moonshot AI in internal tests …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 3:05 PM ET, August 28, 2026.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Michael Calderone / New York Magazine:
Q&A with Stars and Stripes EIC Erik Slavin on his firing, the DOD referring even innocuous questions to higher commands under the Trump administration, and more

Sebastian Stafford-Bloor / The Athletic:
Soccer player Jamie Vardy's YouTube channel, owned and produced by Banijay, will broadcast seven of Germany's Bundesliga games live during the 2026-2027 season

Alex Weprin / The Hollywood Reporter:
Ina Garten, former host of Food Network's Barefoot Contessa, is launching a podcast, Happy Hour, on YouTube; Vox Media is handling marketing and distribution

More News

Wall Street Journal:
Sources: Nvidia paused some deals with AI cloud providers in the revenue-sharing program it announced in July; Nvidia says the program is still in place

Earlier Picks

Wall Street Journal:
Sources: Abu Dhabi's Sheikh Tahnoon and co-investors back an entity owning 49%, the largest stake, in the company behind the Trump family's planned crypto bank
CNBC:
Nvidia stock closed up 8.74% on Thursday, adding ~$440B to Nvidia's market cap, after its revenue guidance reassured investors that AI demand remains strong
Emma Roth / The Verge:
Google adds Expert Intelligence to Gemini Notebook, letting users import eligible titles they own in Google Play Books to ask questions, generate podcasts, more
Will Knight / Wired:
Anthropic releases Model Hardware Standard, a framework to help AI agents use physical systems like microscopes, quantum computing hardware, and robot arms
Sam Sabin / Axios:
OpenAI, Anthropic, AWS, Microsoft, and 100+ companies warn there is “a limited window” to prepare for AI-enabled cyberattacks and call for “collective action”
Google:
Google launches Gemini Omni 1.1 Flash, which it says delivers studio-quality video production, including the ability to extend a scene, 4K upscaling, and more
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