Techmeme
August 23, 2026, 2:40 PM

Top News

Mark Gurman / Bloomberg:
Sources: foldable iPhone feels durable, fits well in a pocket, has useful iPad-like app layouts, excels as a camera viewfinder but lacks telephoto and Face ID  —  Also: Get ready for iPhone price hikes.  —  Apple is about to bring some of its product magic back with its first foldable iPhone.
Telegraph:
Sources: Iran-linked hackers shut down a small UK power plant for four days, coinciding with a wave of Iran-affiliated attacks on US water utilities  —  Unprecedented cyber attack believed to be most successful of its kind  —  Tony Diver , Political Editor.  Rozina Sabur , National Security Editor.
Raffaele Huang / Wall Street Journal:
The careers of Z.ai's Tang Jie and Moonshot AI's Yang Zhilin, once teacher and pupil at Tsinghua University, show that China's AI leap is no sudden development  —  University lab nurtured the computer scientists who are using ingenuity and imitation to chase down Anthropic and OpenAI; ‘they know perfectly how to monetize their work’
Bloomberg:
Sources: some of Nvidia's top customers have been told that prices will jump 15%+ on systems, including Vera Rubin and Grace Blackwell, starting in early 2027  —  Some of Nvidia Corp.'s biggest customers have been told that the prices of servers containing its artificial intelligence chips …
Robbie Whelan / Wall Street Journal:
Sources: Nvidia plans to use its $6B deal with Poolside to build an open-weight AI model to compete with Chinese models like DeepSeek and Kimi  —  A sweeping agreement with startup Poolside aims to build an open AI ecosystem in the U.S. to compete with Chinese heavyweights and American AI giants
Rohail Saleem / Wccftech:
Ox Alpha, a “stealth model” from an unknown AI lab with a 1M-token multimodal context and capacity for 100T tokens/day, goes viral after launching on OpenRouter  —  When an unknown AI lab drops an anonymous model - Ox Alpha - for free, while declaring that they have the capacity …
Reuters:
Alibaba plans to raise ~$10B in a follow-on share offering to fund AI investments; sources: it plans to offer 710M shares at a 3.6% discount to Friday's close  —  China's Alibaba (9988.HK) on Sunday launched a HK$80-billion ($10.2 billion) share placement to fund artificial intelligence-related development.
George Hammond / Financial Times:
Ramp data: Fable 5, launched in June, has plateaued at ~11% of spending on Anthropic tools, as companies shift to cheaper models; Opus 5 surpassed Fable 5  —  AI lab's Fable 5 has met with sluggish demand from corporate clients  —  Anthropic's US customers are using cheaper alternatives …
Jagmeet Singh / TechCrunch:
Sources: Flipkart Minutes, the quick commerce service of Walmart's Flipkart, is now delivering 1.1M-1.2M orders per day, up from ~390K-400K in November 2025  —  Indian startups spent years getting consumers accustomed to having groceries and everyday goods delivered within minutes.
Financial Times:
Semiconductor cram schools are flourishing in Seoul as applications to Samsung and SK Hynix surge, fuelled by record earnings and eye-catching worker bonuses  —  Private tutors teach semiconductor basics and help polish CVs for hopefuls looking to join lucrative sector
Financial Times:
The popularity of risky leveraged chip ETFs in South Korea prompted regulators to cap individual exposure and mandate a weeklong investor education course  —  Leveraged single-stock ETFs attracted billions of dollars of net inflows even as they plunged during market sell-off

Sponsor Posts

Command Line:
Bringing local models and sandboxed tools to Windows and GitHub Copilot  —  GitHub Copilot will soon determine when a task is best handled by on-device AI and when it needs cloud-scale models.
Will Reed:
The best sales leaders aren't job hunting.  Here's how to reach them without months of cold outreach.  —  Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
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IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Sources:
Qualcomm's CEO on the coming AI phone supercycle
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
The Upstarts Podcast:
Bringing Back Mammoths And Building Noah's Ark 2.0 | Colossal's Ben Lamm
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Great Chat:
The launch industrial complex
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Big Technology Podcast:
Can AI Keep Growing Exponentially? Let's Ask SemiAnalysis — With Dylan Patel and Jordan Nanos
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
Larry Ellison's Media Ambitions & Kevin Roose on AI's Biggest Gamble
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Training Data:
Google's AI Infrastructure Chief, Amin Vahdat, on the Physics & Economics of Frontier AI
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
 

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