Techmeme
August 28, 2026, 6:05 PM

Top News

Sean O'Kane / TechCrunch:
a16z creates a $1.1B Machine Age fund focusing on hardware to “open the throttle and accelerate the physical buildout of AI”  —  Andreessen Horowitz has launched a new “Machine Age” fund with $1.1 billion raised.  The firm's aim with the new fund is to “open the throttle and accelerate the physical buildout of AI.”
Jack Queen / Reuters:
A US judge blocks the Pentagon from blacklisting Anthropic, ruling that its designation as a supply-chain risk was “illegal and baseless”  —  A U.S. judge on Thursday blocked the Pentagon's blacklisting of Anthropic, the latest turn in the Claude maker's high-stakes fight with the military over AI safety on the battlefield.
Bloomberg:
Tencent releases Hy4 Preview, a 770B-parameter open model with 1M context window, and says it outperforms Z.ai and Moonshot models in internal tests  —  Tencent Holdings Ltd. released a foundation model it says outperforms rivals Z.AI Co. and Moonshot AI in internal tests …
Jiyoung Sohn / Wall Street Journal:
South Korea unveils a project with KT, SK Telecom, and Kakao to provide premium AI tools to the public for free, a move that treats AI like a public utility  —  Seoul wants to direct use of homegrown AI chatbots to reduce reliance on U.S. or Chinese options, footing the bill and offering unlimited tokens
Bloomberg:
Sources: Advent and Stripe are no longer pursuing a deal to acquire PayPal; the group offered to pay $60.50/share in July, valuing PayPal at $53B  —  A consortium of buyout firm Advent and payment processor Stripe has decided to abandon its pursuit of fintech pioneer PayPal Holdings Inc. …
Bloomberg:
Chinese memory chipmaker CXMT reports H1 revenue of ~$22.4B, more than double its 2025 sales, and ~$11.5B in profit, compared to a loss a year earlier  —  CXMT Corp.'s first-half revenue leapt almost 10-fold while profit surged, reflecting a rush for AI hardware that's made the memory chipmaker China's most valuable business.
Alexandra S. Levine / Bloomberg:
Meta intensifies its pressure campaign on TikTok and YouTube, running full-page ads in US newspapers demanding they adopt comparable teen safety protections  —  Meta Platforms Inc. is intensifying its public pressure campaign on TikTok and YouTube, running full-page advertisements …
Todd Spangler / Variety:
Apple TV raises prices in the US, with the monthly price up by $2 to $14.99, its fourth increase in four years; the individual Apple One tier rises $2 to $21.95  —  Tech giant also ups price of Apple One multi-service bundle's individual plan  —  It's going to cost Americans a few more bucks to watch …
VideoCardz.com:
Modders get an experimental version of Nvidia's DLSS 5 Neural Rendering library running in over a dozen games after it leaked in NBA 2K27's early access build  —  DLSS 5 mod spreads to Cyberpunk 2077, RDR2, TLOU2, Wukong and more  —  It took modders only hours to get the leaked NVIDIA DLSS …
Fin / @fi56622380:
Unlike internet's one-dimensional, flat-fee growth, AI grows across two exponentials, user penetration and tokens per user, allowing AI labs' economics to work  —  The next ARR growth engine after coding, the AI infra bubble, the Economics of open vs. closed source model Why is the AI semi buildout longer than the internet buildout?

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More News

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Earlier Picks

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Sam Sabin / Axios:
Google: