Techmeme
August 26, 2026, 11:35 AM

Top News

Diana Novak Jones / Reuters:
Filing: Meta agrees to pay up to $16.68B to settle US states' claims that it designed Facebook and Instagram to addict children, misled consumers, and more  —  Meta Platforms (META.O) agreed to pay a maximum $16.68 billion and make major changes to Facebook and Instagram to resolve claims …
Meta Newsroom:
Meta's deal with 52 AGs includes daily time limits for teens and algorithmic feed controls; ~$5.3B of it rests on YouTube and TikTok implementing the measures  —  Our Agreement With US State Attorneys General  —  Today, we are announcing an agreement with a bipartisan group …
Meghan Bobrowsky / Wall Street Journal:
Meta's AG settlement will be distributed to the 48 signing states and four jurisdictions in annual installments over a 10-year period based on their populations  —  The deal contains broad new safeguards for underage users but only pays out in full if TikTok and YouTube make similar concessions
Z.ai:
Z.ai releases GLM-5.3-Flash, the first natively multimodal GLM-5 series model, with 320B parameters, saying it outperforms GLM-5.2 at “one-tenth the price”  —  We introduce GLM-5.3-Flash, the first natively multimodal model in the GLM-5 series.  With 320B total parameters …
Luz Ding / Bloomberg:
Z.ai confirms speculation that Ox Alpha is a new iteration of its GLM series and releases the weights for it; Ox Alpha topped OpenRouter's leaderboard  —  The new AI model that's swept to the top of online usage charts with high performance at zero cost was created by China's Z.AI Co., also known as Zhipu.
Annie Palmer / CNBC:
AWS says it plans to shut down Mechanical Turk on September 30, “following an assessment”; the service, launched in 2005, outsourced tasks to 500K+ humans  —  Amazon is soon pulling the plug on its 21-year-old crowdsourced work platform, called Mechanical Turk, the company said Tuesday.
Bill Gates / GatesNotes:
Bill Gates says “the AI era will be one of the most turbulent times in human history” and “we are not preparing adequately”, calling for a regulatory framework  —  Bill Gates, artificial intelligence, AI, generative AI for everyone, responsible ai news, ai and robotics …
Luz Ding / Bloomberg:
Alibaba releases Qwen3.8-Flash, an open-weight, 125B-parameter model built on its next-gen Qwen 4 architecture, saying it rivals Opus 4.6 and V4-Flash  —  Alibaba Group Holding Ltd. released the latest model under its popular Qwen series, a lower-priced platform aimed at driving adoption of its marquee AI offering globally.
Katie Paul / Reuters:
Investigation: Meta explored slashing many teams by ~60% to become “AI native”, but pulled back after staff revolted and data showed AI agents were ineffective  —  To make its workforce “AI native,” Meta explored slashing the size of many teams across the company by as much as 60% in two waves, internal documents show.
John Walker / Kotaku:
Tom Warren / The Verge:
Xbox announces a disc-to-digital feature that will allow users to digitize their existing physical games, rolling out for Xbox Insider testers on August 31  —  Xbox Insiders will get access to this new feature on August 31st. … Microsoft is officially announcing a new Xbox feature …
Wall Street Journal:
A profile of Leopold Aschenbrenner, who worked for SBF and OpenAI before launching Situational Awareness; Aschenbrenner married Dario Amodei's chief of staff  —  A 24-year-old investor was hailed as a visionary and attracted billions—before turning into Wall Street's latest cautionary tale
Brock E.W. Turner / Axios:
Sources: Sword Health plans to acquire mental health company Headspace for between $200M and $300M in cash, far below its ~$3B valuation in 2021  —  Sword Health plans to acquire mental health company Headspace for between $200 million and $300 million in cash, Axios Pro has learned from multiple sources.
Andy Masley:
Public polling suggests the US' severe anti-data center backlash is primarily driven by local environmental and economic concerns, not anti-Big Tech sentiment  —  It's probably not your ideological thing, or mine.  It's about object-level claims about how data centers impact the communities …
Miranda Nazzaro / The Hill:
Pennsylvania's AG sues Snap, alleging Snapchat fails to protect teens from compulsively using the app, two weeks after filing a similar lawsuit against TikTok  —  Pennsylvania Attorney General Dave Sunday (R) announced a lawsuit Tuesday, accusing Snap, the parent company of Snapchat …
Alex Heath / Time:
Interviews with OpenAI leaders, employees, and others on the company's reboot; Sam Altman says OpenAI would have a system he would call AGI by the end of 2026  —  Alex Heath … They hoisted signs to “stop the AI race” and scrawled chalk messages on the sidewalk.
Bloomberg:
Shanghai-based MiniMax reports H1 2026 revenue up 283% YoY to ~$116.6M, above 2025's 159% YoY growth, as its M3 model lags behind rivals like Z.ai's GLM-5.2  —  MiniMax Group Inc.'s revenue surged 283% in the first half of 2026, even as the Chinese AI upstart trailed rivals such as Z.AI Co. in releasing top-tier large language models.
Dwarkesh Patel / Dwarkesh Podcast:
Q&A with SemiAnalysis founder Dylan Patel on Anthropic and OpenAI controlling global compute, $11T of AI capex between 2024 and 2029, China's compute, and more  —  “Every force is screeching towards centralization.”  —  Had a lot of fun chatting again with my twin brother Dylan Patel.

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Earlier Picks

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Sarah Perez / TechCrunch:
Anissa Gardizy / Wall Street Journal:
David Gewirtz / ZDNET: