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Techmeme
August 24, 2026, 7:45 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 …
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
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.
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 …
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 …
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.
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.
Bloomberg:
Sources: ByteDance is merging coding platform Trae and agent-building tool Coze into Doubao, and plans to launch Doubao Work to compete with Tencent's WorkBuddy  —  ByteDance Ltd. is consolidating the resources behind two of its artificial intelligence developer products to bolster China's …
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
Krisztian Sandor / CoinDesk:
Fasset, which offers stablecoin-powered banking services across Asia and other emerging markets, raised $68M at a $1B valuation, after raising $51M in May  —  Stablecoin-focused digital bank Fasset said Monday it has raised $68 million in a funding round led by Japan's SBI Group …
Jude Webber / Financial Times:
Irish lawmakers reconsider the country's 1999 ban on nuclear power as data centers' growing power demands account for ~25% of the country's electricity use  —  Banned by law since 1999, Dublin reconsiders atomic energy  —  Rising electricity consumption by Ireland's insatiable data centres …

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This is a Techmeme archive page. It shows how the site appeared at 7:45 AM ET, August 24, 2026.

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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

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
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”
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
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
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