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Techmeme
August 24, 2026, 6:40 AM
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Top News

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 …
Katie Roof / Business Insider:
Sources: Hugging Face is exploring a sale that could value it at $13B+, up from $4.5B in 2023, and has been working with a bank to evaluate bidders' interest  —  The AI industry's next blockbuster acquisition may not be another model maker.  —  Hugging Face, whose platform helps developers discover …
Rebecca Falconer / Axios:
Trump says communities that oppose data centers are “making a mistake” as they create “tremendous amounts of jobs and money”, amid bipartisan backlash  —  President Trump defended the expansion of data centers in an interview with his former fixer, Michael Cohen, that aired in full on Sunday.
Axios:
Greg Abbott says data center companies “dug their own grave” by moving into communities without first gaining support, signaling growing Republican backlash
Andrew E. Kramer / New York Times:
Ukraine says Russia used an Nvidia Jetson Orin computing module in its autonomous AI-guided drones; Nvidia says they are widely available on resale markets  —  The young woman ran for her life, but it was too late.  A small Russian drone resembling a model airplane swooped down from the sky …
More: Bloomberg
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.
Tracy Withers / Bloomberg:
New Zealand plans a bill to ban social media for under-16s, requiring “high risk” platforms to check user ages or face penalties of up to 10% of global revenue  —  New Zealand plans to ban under-16s from social media, joining a throng of countries worldwide seeking to limit online harm to children.
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.
Natasha Singer / New York Times:
A look at the playbook tech giants like Google, Microsoft, and OpenAI use to shape American schools to their benefit, and the pushback against unproven AI tools  —  One humid afternoon in the summer of 2025, representatives from Microsoft were waiting as some 200 teachers trooped into a conference hall in downtown Manhattan.
The Information:
Sources: Nvidia is in talks to invest in Perplexity's new equity round valuing it at $30B+; Nvidia considered a tech licensing deal and hiring some of its staff  —  Nvidia is discussing investing in Perplexity as part of an equity round that would value the AI startup at more than $30 billion …
Julia Fioretti / Bloomberg:
Filing: Shein will debut on the Hong Kong exchange on September 1, seeking up to $1.8B in an IPO at a $27B valuation, a fraction of its $100B valuation in 2022
Telegraph:
At Beijing's World Humanoid Robot Games, a robot made by Honor ran 100m in 9.39s, and another Chinese robot finished 400m in 38.16s, both beating human records  —  Chinese humanoid called Tiangong Ultra nearly five seconds faster than 2016 Rio Olympic time  —  It may have stumpy arms …
Rthvika Suvarna / Bloomberg:
US business schools are racing to prepare students to become chief AI officers, even as companies are still figuring out what the newest C-suite role entails  —  Business schools are racing to prepare executives for the newest C-suite role, even as companies are still figuring out what the job entails.

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This is a Techmeme archive page. It shows how the site appeared at 6:40 AM ET, August 24, 2026.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Winston Cho / The Hollywood Reporter:
Filing: the US DOJ says states suing to block the WBD deal must post a “proper bond” to cover potential damages, backing Paramount's request for a $1.88B bond

Selome Hailu / Variety:
Nielsen: NBC's telecast of the Emmys drew 6.7M viewers on Monday night, down 9% from 2025's 7.4M on CBS, which was the awards show's best performance since 2021

Brian Steinberg / Variety:
Nielsen: 60 Minutes' season premiere drew 7.94M viewers, down 21% from 10.02M for last season's premiere; viewers between the ages of 25 and 54 fell 33%

More News

Ina Fried / Axios:
Source: AI researcher Luke Metz, who returned to OpenAI from TML earlier this year, joins Meta's Superintelligence Labs and will report to Alexandr Wang

Earlier Picks

Truman Dickerson / Business Insider:
Sam Altman says AI could end up controlled by a few powerful players, partly because AI fears could push people to trade “a lot of liberty for safety”
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
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