Techmeme
August 20, 2026, 12:45 PM

Top News

Jess Weatherbed / The Verge:
Erin Griffith / New York Times:
Stripe agrees to acquire NYC-based OpenRouter; a source says Stripe is paying $7.5B, with $1.5B going to the startup's founders and $6B to its investors  —  The deal is significant for the artificial intelligence industry, uniting Stripe's payments business with OpenRouter's helping businesses direct their spending on A.I. models.
Axios:
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 …
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 …
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 …
Bloomberg:
Michael Martina / Reuters:
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 acquires four-year-old AI consultancy Casper Studios for an unknown amount; Ode employs 100+ 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 …
Hugo Lowell / Wired:
Sources: Trump officials expect Elon Musk to spend $100M to $200M in the November midterm elections, with a focus on voter turnout in key races, including Texas  —  Sources tell WIRED that Elon Musk is expected to spend up to $200 million in the midterms.  It could be a big boost …
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.

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More News

Yoolim Lee / Bloomberg:
Bloomberg:
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Earlier Picks

Amanda Caswell / Tom's Guide:
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CNBC:
Matt Day / Bloomberg: