Techmeme
August 28, 2026, 5:50 PM

Top News

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.
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.”
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 …
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. …
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:
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 …
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?
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 …

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