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August 3, 2026, 7:05 PM
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Maria Curi / Axios:
The White House says it has met its deadline to establish a voluntary framework for evaluating advanced AI models; it did not provide details of the framework  —  The White House said on Monday it met its deadline to establish a voluntary framework for evaluating advanced AI models …
The Information:
Sources: the Trump administration invites staffers from OpenAI, Google, Anthropic, and others to the White House on Tuesday to review the AI oversight framework  —  The Trump administration has invited staffers from major tech companies including OpenAI, Google and Anthropic to the White House …
The Verge:
Leaked doc: Microsoft plans to bring Xbox 360 games to PC, and the games will be able to run on its next-gen Project Helix console, “Xbox PCs”, and handhelds  —  The disc to digital program seems like it's close to launching, too.
Katherine Hamilton / Wall Street Journal:
Visa plans to acquire Israeli company BioCatch, which uses AI to detect fraud and distinguish legitimate users from attackers in real time, for $2.4B in cash  —  BioCatch uses artificial intelligence to detect fraud and distinguish legitimate users from attackers
Axios:
Source: Dario Amodei expressed concern about staff coming to Anthropic for the money rather than the mission, as Anthropic, OpenAI, and others battle for talent  —  Top AI researchers continue to jump between leading AI labs as competition for elite talent intensifies.
Samantha Subin / CNBC:
Palantir reports Q2 revenue up 93% YoY to $1.94B, vs. $1.8B est., US commercial revenue up 149%, and raises FY 2026 revenue guidance; PLTR jumps 9%+ after hours  —  Palantir topped second-quarter earnings estimates on Monday and said commercial revenue more than doubled from a year ago.
Jonathan Vanian / CNBC:
Snap reports Q2 revenue up 19% YoY to $1.6B, vs. $1.54B est., DAUs up 5% to 493M, vs. 487M est., forecasts Q3 revenue above est.; SNAP jumps 10%+ after hours  —  Snap reported better-than-expected revenue and earnings for the second quarter and issued a forecast for the current period that topped analysts' estimates.
Tim Bradshaw / Financial Times:
UK court filing: in July, Apple launched a new legal challenge against the UK government's attempt to create a “backdoor” to access encrypted customer data  —  iPhone maker files complaint over latest government demand to allow access to encrypted user data
Luz Ding / Bloomberg:
Alibaba says its 2.4T-parameter Qwen3.8-Max tops Moonshot's Kimi K3 on some benchmarks and it plans to release Qwen3.8-Max's and Qwen3.8-27B's weights next week  —  Alibaba Group Holding Ltd. released its latest flagship AI model, with performance claims putting it alongside global leaders like Anthropic's Fable.
Jeran Wittenstein / Bloomberg:
Amazon becomes the fifth company to reach a $3T market cap, joining Nvidia, Alphabet, Microsoft, and Apple; its stock closed up 4.58% on Monday  —  Amazon.com Inc. surpassed $3 trillion in market value for the first time, becoming only the fifth company to ever reach the milestone.
Zack Whittaker / TechCrunch:
Samsung says it's restricting app registrations and removing apps with SDKs that can turn smart TVs into residential proxy exit nodes, after a similar ban by LG  —  Several popular Samsung smart TV apps contain code that share the owner's internet connection with strangers …
Eduardo Baptista / Reuters:
Artificial Analysis estimates DeepSeek V4-Flash's average cost at $0.03 per test, compared with Kimi K3's $0.86, GPT-5.6 Sol's $1.86, and Claude Fable 5's $3.15  —  A version of Chinese startup DeepSeek's flagship AI model is by far the least expensive to run on benchmark tests among …
Devlin Barrett / New York Times:
Court docs: an FBI agent has been charged with amassing ~$1M worth of cryptocurrency, largely by making unauthorized withdrawals from a criminal target overseas  —  The agent confessed to making unauthorized withdrawals from a criminal target overseas, according to court papers.
Reuters:
India proposes extending tax exemptions until 2041 for foreign companies that provide machinery to contract manufacturers, changes that Apple had lobbied for  —  India has proposed extending tax exemptions until 2041 for foreign companies that provide machinery to contract manufacturers …
James Hunt / The Block:
Michael Saylor's Strategy sold 1,638 bitcoin for ~$104.7M from July 27 to August 2, reducing its holdings to 842,138, with a $10.9B paper loss at current prices  —  Quick Take  — Strategy has sold 1,638 BTC for approximately $104.7 million, reducing its total holdings to 842,138 BTC.
Kate Park / TechCrunch:
Horizon3, whose AI penetration testing platform NodeZero helps find and exploit attack paths in production systems, raised a $250M Series E at a $2B valuation  —  Cybersecurity startup Horizon3 has raised a $250 million Series E at a $2 billion valuation, more than tripling its valuation in 14 months.
Tim Bradshaw / Financial Times:
London-based AI chip startup Olix raised $312M led by Fundomo, with participation from Arm, at a $3.3B valuation, up from $1B+ after raising $220M in February  —  British entrepreneur behind Olix raises $312mn from investors including Arm in effort to take on Nvidia

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This is a Techmeme archive page. It shows how the site appeared at 7:05 PM ET, August 3, 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

Rebecca Rubin / Variety:
Sony's Spider-Man: Brand New Day opened to a record-setting $360M in North America, beating Avengers: Endgame's $357M; globally, it hit $932M, second to Endgame

Corey G. Johnson / ProPublica:
Two watchdog groups seek federal investigations into whether two FCC members broke ethics rules by accepting free Kennedy Center tickets from Paramount

Justin Fox / Bloomberg:
US federal statistics show that Manhattan had 8.3% of newspaper jobs in 2025, despite accounting for just 0.5% of the US population

More News

Anthony Ha / TechCrunch:
YouTuber Hank Green faces online criticism for using ChatGPT to research a script, and says interacting with LLMs “is not healthy for me or good for the world”
Washington Post:
An analysis of US police and court records: authorities charged or accused 50+ officers of misusing license-plate readers like Flock's, including for stalking

Earlier Picks

Zvi Mowshowitz / Don't Worry About the Vase:
A detailed look at OpenAI and Anthropic models hacking real targets during cyber evaluations, exposing failures in AI alignment training and supervision
New York Times:
An unsecured police dashboard exposed China's extensive tracking of foreigners, aggregating data from surveillance cameras, facial recognition tools, and more
Wall Street Journal:
A look at the US open-weight AI model ecosystem, as VCs question whether Arcee AI, Reflection AI, Poolside, and Thinking Machines Lab can generate real revenue
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