Techmeme
August 12, 2026, 3:00 PM

Top News

Ivan Mehta / TechCrunch:
Google unveils the $899+ Pixel 11, $1,099+ 11 Pro, and $1,299+ 11 Pro XL, with a Tensor G6, new Gemini features, Magic Capture to pick the best frames, and more  —  For the last few years, Google's Pixel has been a showcase of new AI features, with few hardware changes from the previous year's devices.
Max Buondonno / The Shortcut:
Jessica Conditt / Engadget:
Google unveils the $1,899+ Pixel 11 Pro Fold, with a stronger hinge, inner and outer displays that are 20% brighter, Tensor G6 chip, and an updated 48MP camera  —  Fly like a (Tensor) G6.  —  The Pixel 11 Pro Fold is the ultimate evolution in Google's latest line of mobile devices …
Sam Rutherford / Engadget:
Google Pixel 11 Pro Fold hands-on: a letdown after Samsung released the Galaxy Z Fold 8, with few design changes, and it feels like Google is coasting this time  —  In a year when Samsung made two new flagship foldables, the latest Pixel Pro Fold feels like a letdown.
xAI:
SpaceXAI releases Grok 4.6, saying it matches GPT-5.6 Sol on the Artificial Analysis Intelligence Index, and prices it at $2/1M input and $6/1M output tokens  —  Grok 4.6 builds on Grok 4.5 with a particular focus on long-running agents and more ambitious interactive and visual work.  —  Try for free
Victoria Song / The Verge:
Google unveils the $399 Pixel Watch 5 with a satin pyrite case finish, offline Gemini, proactive AI suggestions, better GPS maps, and insulin resistance trends  —  The $399 Google Pixel Watch 5 isn't about the hardware.  Sure, there's a new satin pyrite case finish, a few new strap colors, and a Steph Curry Special Edition.
Samantha Kelly / Bloomberg:
Dominic Preston / The Verge:
Google plans to launch the $29 Pixel Tag on November 11, with a four-pack priced at $99, matching AirTag 2's pricing, offering UWB, Find Hub support, and more  —  The $29 tracker combines UWB with Bluetooth channel sounding. … More than two years after launching its own device-tracking network …
Wall Street Journal:
The NYC Council sent letters to Polymarket, Kalshi, Coinbase, and Gemini Titan as it investigates alleged deceptive marketing practices and targeting minors  —  Probe targets the marketing practices of four prediction markets with operations in the city  —  The New York City Council …
Reuters:
Bank of America says it plans to deploy $250B by July 2027 to support US digital and infrastructure projects, including data centers and energy infrastructure  —  Bank of America (BAC.N) said on Wednesday it plans to deploy $250 billion by July 2027 to support U.S. digital and infrastructure projects …
Bloomberg:
Tencent reports Q2 revenue up 11% YoY to ~$30.4B, above ~$30B est., driven by surging WeChat advertising and resilient game spending, and net income of ~$8.3B  —  Tencent Holdings Ltd. more than doubled spending on AI projects and computing to about $7.8 billion last quarter …
Mike Wheatley / SiliconANGLE:
Google DeepMind launches SL2T, a multilingual sign-language-to-text model debuting on the Pixel 11 in Gboard and Live Transcribe, first for ASL to English text  —  Google DeepMind said today it wants to bring the artificial intelligence revolution to the estimated 70 million people across …
Jess Weatherbed / The Verge:
Google says Android's AirDrop-like Quick Share will now let some devices exchange files and contact info when tapped together, starting with the Pixel 6 and up  —  The Quick Share update makes it easier to share contact info and files between Pixel devices, and soon, Samsung phones.
Ben Dummett / Wall Street Journal:
Stockholm-based AI coding startup Lovable raised $400M at a $13.3B valuation, up from $6.6B in December 2025, becoming one of Europe's most valuable startups  —  New funding round catapults AI company into the ranks of Europe's most valuable startups  —  Artificial-intelligence startup Lovable …
Tom Wilson / Financial Times:
Researchers say suspected Chinese hackers used open-source AI agents to build an autonomous hacking tool that compromised Taiwanese government websites in July  —  AI agents ran simultaneous reconnaissance and break-ins in display of new phase of cyberwarfare.
Prakhar Srivastava / Reuters:
AI code review startup CodeRabbit raised a $143M Series C co-led by Atomico and Smash at a $1.5B valuation, after raising a $60M Series B in September 2025  —  AI code review startup CodeRabbit said on Wednesday it had raised $143 million in a funding round that valued it at $1.5 billion.
Yueqi Yang / The Information:
Sources: Kalshi is in advanced talks to raise $750M+ co-led by Sequoia Capital and Wellington Management at a $40B valuation; Kalshi was valued at $22B in May  —  Kalshi, the biggest prediction market, is in advanced talks to raise at least $750 million in a new financing round at a $40 billion valuation …
More: CryptoSlate
Juro Osawa / The Information:
Former Alibaba star researcher Junyang Lin launches Shanghai-based Pragmatik Labs to build digital and physical AI agents; Pragmatik hit a $2B valuation in June  —  Former Alibaba star researcher Junyang Lin announced that he had started a new AI company, confirming The Information's earlier reports.
Sumedha Mukherjee / Reuters:
FlightAware withdraws its Kalshi lawsuit, after alleging Kalshi used its data to let users bet on flight cancellations; Kalshi no longer names it as a source  —  Flight-tracking company FlightAware withdrew its lawsuit against Kalshi on Tuesday, a day after it filed the suit that accuses …

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More News

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