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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 (Paresh Dave/Wired)

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17 days ago▲ 24
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Meta's India and Southeast Asia VP Sandhya Devanathan is joining OpenAI to oversee consumer growth and enterprise adoption across SE Asia and Australia (Jagmeet Singh/TechCrunch)

industry
17 days ago▲ 24
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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 (Bloomberg)

industry
17 days ago▲ 24
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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 (Bloomberg)

industry
17 days ago▲ 24
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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 (Jiyoung Sohn/Wall Street Journal)

industry
17 days ago▲ 24
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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 (Sarah Perez/TechCrunch)

industry
17 days ago▲ 24
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Sources: Shein pivoted to a Hong Kong IPO and sought to build Chinese government ties, after its New York and London bids failed to secure Beijing's approval (Reuters)

industry
17 days ago▲ 24
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Tencent releases Hy4 Preview, a 770B-parameter foundational model with a 1M context window that it says outperforms Z.AI and Moonshot models in internal tests (Bloomberg)

industry
17 days ago▲ 24
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The UK Treasury gives the Bank of England a new legal objective to support payment systems and digital money innovation, seeking to keep London competitive (Financial Times)

industry
17 days ago▲ 24
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Sources: some tech companies are courting Democrats and hiring advisers to prepare for potential investigations if Republicans lose control of the House (Wall Street Journal)

industry
17 days ago▲ 24
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BitGo agrees to buy NYDIG's institutional trading business and related assets, expanding BitGo's derivatives offerings; ~30 NYDIG employees are joining BitGo (Tanaya Macheel/CNBC)

industry
17 days ago▲ 24
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Sources: federal authorities prepare to charge a US serviceman and a KPMG employee with insider trading on prediction markets, as part of a new batch of cases (Dave Michaels/Wall Street Journal)

industry
17 days ago▲ 24
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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 (Bloomberg)

industry
17 days ago▲ 24
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A US judge blocks the Pentagon from blacklisting Anthropic, ruling that its designation as a supply-chain risk was "illegal and baseless" (Jack Queen/Reuters)

industry
17 days ago▲ 24
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CISA says that cyberattacks on critical US infrastructure targeted 100+ internet-exposed water and wastewater systems in July, largely attacking PLCs (Zack Whittaker/TechCrunch)

industry
17 days ago▲ 24
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techmeme

Workday reports Q2 revenue up 12.8% YoY to $2.65B vs. $2.63B est., and total subscription revenue backlog up 8% YoY to $27.4B, vs. $28.6B est. (Brody Ford/Bloomberg)

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17 days ago▲ 24
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Sources: Cognition is generating ~$900M in annualized revenue, up more than 3x since the start of the year, and executives project it will end 2026 with $1.5B+ (The Information)

industry
17 days ago▲ 24
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Uber says weekly AI agent requests have grown 9.4x since February, but total AI spending has stayed stable since April, after using up its 2026 AI budget in Q1 (Madison Mills/Axios)

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17 days ago▲ 24
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Sources: the FTC has been investigating whether YouTube broke consumer protection laws by violating its own policies when suspending accounts or banning content (Bloomberg)

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17 days ago▲ 24
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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 (Wall Street Journal)

industry
17 days ago▲ 24
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