Techmeme
August 20, 2026, 11:55 AM

Top News

Jess Weatherbed / The Verge:
Edward Ludlow / Bloomberg:
Waymo says it has built an ASIC chip that will improve its robotaxis' reflexes and navigational skills and help it diversify away from third parties like Nvidia  —  Alphabet Inc.'s Waymo has built a custom chip that the company said will improve the performance of its robotaxis …
Erin Griffith / New York Times:
Axios:
Douglas Gillison / Reuters:
Study: 150+ Polymarket wallets may have traded on internal US military information, making $8M overall with a 97.2% average win rate and attracting copycat bets  —  More than 150 wallets on Polymarket International may have traded on inside U.S. military information, attracting copycat bets …
Michael Martina / Reuters:
Bloomberg:
Bloomberg:
Trump urges Congress to pass the Clarity Act at a White House event with execs, including the CEOs of Coinbase and Robinhood; the bill has stalled in the Senate  —  President Donald Trump pressed Congress to pass digital asset market structure legislation that is a top priority for the industry …
Luz Ding / Bloomberg:
Alibaba reports Q1 revenue up 9% YoY to ~$39.64B, meeting est., and net income down 75% to ~$1.54B due to heavy AI spending and weak domestic retail consumption  —  Alibaba Group Holding Ltd.'s profit plunged more than 75% after the Chinese company ratcheted up quarterly capital spending …
Reuters:
Former Facebook Director of Engineering Arturo Béjar testifies that Mark Zuckerberg prioritized Facebook and Instagram's growth and engagement over child safety  —  A former engineering director at Meta Platforms (META.O) testified on Wednesday that CEO Mark Zuckerberg fostered a culture …
Julia Hornstein / The Information:
Anthropic-backed enterprise AI venture Ode is acquiring four-year-old AI consultancy Casper for an undisclosed fee; Ode has 100+ staff after buying Fractional  —  A joint venture established by Anthropic and Wall Street firms such as Blackstone has made its first acquisition since its July launch …
Jagmeet Singh / TechCrunch:
Binance launches Agent OS, a platform that lets AI agents analyze markets and execute trades on users' behalf; users have to limit AI agents' access and trades  —  Binance, the world's largest crypto exchange with more than 300 million registered users, on Thursday launched a platform …
Lucas Shaw / Bloomberg:
Sources: YouTube is offering top creators millions to post videos exclusively on YouTube for a period and will penalize those that post to Netflix concurrently  —  YouTube will pay creators to post their videos to YouTube before any other service.  If creators post to YouTube and Netflix at the same time, they will face consequences.
Iain Martin / Forbes:
Filing: in 2025, TikTok posted its first net profit of $702.5M in Europe, Africa, and Latin America on $9.1B in revenue, up 45.7% YoY  —  TikTok's operations in Europe, Africa and Latin America saw revenues jump 45.7% to $9.1 billion and turn its first profit but the Chinese-owned social network …
Jacob Parry / Politico:
The EU appears to be shifting from outsized regulatory fines against Big Tech to technical DMA orders that force compliance, such as sharing search data  —  BRUSSELS — The European Commission's days of outsized fines against Big Tech appear to be over.  —  When Brussels fined Google €890 million …
Bloomberg:
London-based Callosum, whose software matches AI tasks with models and chips, raised a $100M seed led by Atomico; the UK's Sovereign AI Fund also invested  —  Callosum, a startup that makes software to match specific artificial intelligence tasks with different models and chips …
Amanda Caswell / Tom's Guide:
Google unveils new study tools, including a student hub, notebooks, and interactive 3D visualizations in Gemini, plus college student offers for Google AI plans  —  Head back to school equipped with AI tools for studying, researching and more  —  Once again, Google is giving eligible college students …

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More News

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Earlier Picks

Bloomberg:
CNBC:
Emma Roth / The Verge:
Ina Fried / Axios:
Matt Day / Bloomberg: