Techmeme
@Techmeme
Top news and commentary for technology's leaders, from all around the web.
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Chinese open models are proper competition that should be welcomed, not something to ban or treat as a danger, and open-sourcing is an old business strategy (@bgurley / Washington Post)
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Sensor Tower: in H1, the number of new apps released in the App Store doubled to ~560K, on track to pass 2025's ~600K total, as vibecoded apps flood the store (@kalleyhuang / New York Times)
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UK government data: ~35% of UK businesses with 10+ staff report using AI, up from 12% in September 2023; average number of AI tools is 1.6, up from 1.4 in 2023 (@delphinestrauss / Financial Times)
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AMD plans to ship Helios, its first rack-scale AI system to rival Nvidia, later in 2026 to Microsoft, Meta, OpenAI, and others; Helios costs an estimated $5M+ (@katietarasov / CNBC)
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Sources: Google is developing a specialized server chip, informally dubbed "Frozen v2", that integrates Gemini AI model blueprints in the silicon, set for 2028 (The Information)
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How "synthetic insider" attacks raise the stakes for corporate cyber defense; a Verizon analysis of 22K incidents finds 12% were carried out by internal actors (@mshannahmurphy / Financial Times)
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Sources: parts of the Trump administration are reigniting efforts to implement de facto bans on foreign open-source models, as Chinese AI models gain momentum (@m_ccuri / Axios)
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Chinese open models like Kimi K3 and Qwen3.8 Max shift the industry's focus back to marginal costs and cost of goods sold, as inference costs scale with revenue (@benthompson / Stratechery)
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An interview with Expedia CEO Ariane Gorin, who calls AI "a growth opportunity", as she prepares the online travel company to face potential disruption from AI (@stephistacey / Financial Times)
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How PayPal CEO Enrique Lores, appointed earlier in 2026 to revive the payments pioneer, may handle Stripe and Advent's takeover offer, based on his HP tenure (Wall Street Journal)
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The EU fines Alibaba's online marketplace AliExpress €550M for failing to do enough to prevent the sale of illegal products, the largest DSA fine to date (@bmoens / Financial Times)
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Sources: Chinese startup Moonshot AI is seeking formal approval from investors to start a Hong Kong IPO process, which could happen in as soon as six months (@juroosawa / The Information)
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A look at Israel's influence campaign in the US that's included millions of AI-driven texts and a $45M+ contract with ex-Trump campaign strategist Brad Parscale (Wall Street Journal)
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Trial lawyers, with big liability litigation earnings, are among the most active lobbyists against autonomous vehicles, even as data shows clear safety benefits (@atabarrok / Marginal Revolution)
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How smart home devices have given abusive partners a new tool to remotely manipulate, intimidate, and disturb their victims, in a form of tech-assisted abuse (Financial Times)
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Cambridge-based CuspAI raised a $450M Series B led by Kleiner Perkins and NEA, and launched a coalition for AI materials discovery for chip and other industries (Bloomberg)
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Retail traders are shifting from Big Tech to stocks boosted by AI like SK Hynix and Marvell; five of the Magnificent Seven stocks trail the market this year (@hannaherinlang / Wall Street Journal)
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LSEG: Morgan Stanley collected $2.3B in debt and equity capital market fees in H1 2026, up from $1.4B in H1 2025, driven by AI infrastructure financing deals (Financial Times)
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Blackstone agrees to invest an undisclosed sum in South Korea-based Futronic, which makes actuators used in industrial robots, sources say at a ~$675M valuation (@manubaigorri / Bloomberg)
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Sources detail Kalshi's and Polymarket's efforts to undermine each other, including lobbying regulators, trying to derail deals, and waging influence campaigns (New York Times)
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