Techmeme
August 14, 2026, 10:45 PM

Top News

Bloomberg:
Docs: Anthropic told investors it generated $11.5B+ in revenue, with positive adjusted operating income, in Q2, up from $787M in Q2 2025 and $4.73B in Q1 2026  —  Anthropic PBC is telling prospective investors its second-quarter revenue jumped at least 14-fold versus the same period a year ago …
Madison Mills / Axios:
Risk report: Anthropic raises misalignment risk estimate from very low to low and says it doesn't plan to release a stronger internal model called “Model 2”  —  Anthropic does not plan to release an internal model that appears to be more powerful than top-of-the-line Mythos …
Z.ai:
Z.ai debuts GLM-5.3, which uses the same base model as GLM-5.2 with scaled post-training for stronger coding skills, and says it'll release weights in two weeks  —  With GLM-5.2 we built the stack: IndexShare for efficient long-context processing, SAO for RL on long-horizon tasks …
Reuters:
Z.ai says GLM-5.3 scores 84.5% on CyberGym, vs. Mythos 5's 83.8%, and its most sensitive cybersecurity functions will only be available to verified users  —  Chinese AI startup Z.ai said on Friday its open-source GLM-5.3 model had neared Anthropic's restricted Mythos 5 in identifying software …
Bloomberg:
SpaceX closes its $60B acquisition of Cursor, two months after SpaceX formally announced it had agreed to acquire the startup  —  SpaceX has completed a $60 billion acquisition of artificial intelligence coding startup Cursor, a key part of Elon Musk's bid to gain ground on rivals Anthropic PBC and OpenAI.
Wall Street Journal:
Sources: PayPal is in talks to sell itself to a group including Stripe and Advent, which proposed paying $60.50/share in July; PayPal is seeking a higher price  —  The fintech startup and private-equity firm Advent offered to buy the struggling payments company in July
Reuters:
The US OCC conditionally approves a bank charter application for Trump family's World Liberty Financial, allowing it to directly issue its USD1 stablecoin  —  A national U.S. bank regulator on Friday conditionally approved a bank charter application linked to President Donald Trump …
Emma Roth / The Verge:
Google adds a toggle in Gemini and Flow to remove visible watermarks from AI-generated images, videos, and music; SynthID watermarks and C2PA metadata remain  —  Google will still embed invisible SynthID and C2PA watermarks into AI-generated images, videos, and music.
Reuters:
France's top court blocks a bill banning social media for under-15s, saying it infringed upon freedom of expression; Macron orders the PM to rework the bill  —  France's top court on Friday blocked a bill banning social media access for under-15s, saying it infringed upon freedom of expression …
Natasha Mascarenhas / Bloomberg:
Investor letter: Thrive's 2022 early-stage $516M fund that invested in OpenAI and SpaceX was worth $3.7B+ as of the end of June, net of fees and other charges  —  Thrive Capital's 2022 early-stage venture capital fund, a $516 million investment vehicle that made early bets on OpenAI …
M. Sriram / Newcomer:
How dual-valuation deals became pervasive in the current frenzied AI funding cycle, with prestige VC firms monetizing their brand names by getting better prices  —  Prestige firms are monetizing their brand names by getting better prices than others in the same funding round
Fred Lambert / Electrek:
Waymo receives approval from the California Public Utilities Commission to expand across 18 counties, including Sacramento and San Diego  —  Waymo says California regulators have signed off on the biggest expansion of its robotaxi service yet, covering 18 counties from Sonoma down to San Diego.
@alibaba_qwen:
Alibaba releases weights for Qwen3.8 models under Apache 2.0 license, including Qwen3.8-27B, which it says beats Qwen3.7-Plus and excels in real-world coding  —  We promised open weights for Qwen3.8. Now, time to meet them! 🎉 ⚡ Qwen3.8-27B: - A native multimodal dense model. With just 27B parameters, it outperforms Qwen3.7-Plus overall and shines in real-world coding & office workflows. - 262K native context, easily extendable to 1M

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More News

Carl Franzen / VentureBeat:
Sean Hollister / The Verge:
Financial Times:

Earlier Picks

Nathaniel Meyersohn / CNN:
Demetri Sevastopulo / Financial Times:
Reuters:
J.J. McCorvey / Bloomberg:
The Information:
Frederic Lardinois / The New Stack:
Zac Hall / 9to5Mac: