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Block says it has submitted an application to US regulators to establish a federally regulated, uninsured national trust bank called Builders Bank & Trust (Elias Schisgall/Wall Street Journal)

industry
21 days ago▲ 24
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TM
techmeme

Chime agrees to acquire longtime banking partner Stride Bank for $590M; Stride will become Chime Bank, a wholly owned subsidiary; CHYM jumps 8.5%+ after hours (Paige Smith/Bloomberg)

industry
21 days ago▲ 24
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TM
techmeme

Source: Anthropic is severing ties with the Information Technology Industry Council after the tech industry trade group opposed three export control measures (Maria Curi/Axios)

industry
21 days ago▲ 24
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TM
techmeme

Antioch, which creates high-fidelity simulations to reduce the need for hardware validation in physical AI training, raised a $32M Series A led by Greylock (John Koetsier/Forbes)

industry
21 days ago▲ 24
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TM
techmeme

Meta's personal AI agent Muse is powered by Muse Spark 1.3 and is free for up to 100M tokens per week, with $20 and $100 monthly tiers (Riley Griffin/Bloomberg)

industry
21 days ago▲ 24
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TM
techmeme

Meta says users can connect their apps to Muse to send emails, turn recipe Reels into grocery lists, make purchases via Link by Stripe support, and more (Sarah Perez/TechCrunch)

industry
21 days ago▲ 24
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TM
techmeme

Meta launches Muse, a personal AI agent that runs on a dedicated VM in Meta's cloud, initially available in the US, with support coming soon for its AI glasses (Ina Fried/Axios)

industry
22 days ago▲ 24
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TM
techmeme

OpenAI says, while unlikely, it "cannot rule out that de-identified data derived" from Buckmaster's and Alpöge's use of its products helped improve its models (OpenAI)

industry
22 days ago▲ 24
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TM
techmeme

OpenAI launches ChatGPT Images 2.5, which it says cuts image generation latency by up to 50% vs. Images 2.0, and adds a Sketch feature for drawing in ChatGPT (Ina Fried/Axios)

industry
22 days ago▲ 24
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TM
techmeme

OpenAI's Sébastien Bubeck says he never asked for removal of Levent Alpöge from authorship of the work Alpöge and Tristan Buckmaster did on Navier-Stokes (Sebastien Bubeck/@sebastienbubeck)

industry
22 days ago▲ 24
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TM
techmeme

Sources: Ramp is in early talks to raise about $1B at a ~$60B valuation, up from $44B in June; Ramp has raised $3B to date (Bloomberg)

industry
22 days ago▲ 24
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TM
techmeme

AI coding startup Cognition raised $2B at a $48B valuation, up from $26B in May, and says its run-rate revenue grew from $492M in May to ~$900M (Samantha Oltman/Bloomberg)

industry
22 days ago▲ 24
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TM
techmeme

The White House has quietly removed Build The Wall, a Tetris clone on its arcade.gov website, after Tetris said it takes "copyright infringement very seriously" (Zack Zwiezen/Kotaku)

industry
22 days ago▲ 24
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TM
techmeme

OpenAI denies that its researchers or models saw Buckmaster or Alpöge's prompts, says it spent millions in compute after hearing Anthropic had a breakthrough (Wired)

industry
22 days ago▲ 24
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TM
techmeme

OpenAI says an internal model "significantly more capable than GPT-6 Astra" solved the Navier-Stokes problem using 10K concurrent agents working for 88 hours (Madison Mills/Axios)

industry
22 days ago▲ 24
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TM
techmeme

UK seeks to force Apple and Google to block children from taking, viewing, or sharing nude images on their devices, and praises Apple's age-based restrictions (Jacob Reid/Bloomberg)

industry
22 days ago▲ 24
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TM
techmeme

Mathematician Tristan Buckmaster alleges OpenAI learned of his work with Anthropic's Levent Alpöge on Navier-Stokes and used an internal model to solve it (Joseph Howlett/Scientific American)

industry
22 days ago▲ 24
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TM
techmeme

NextEra Energy, which partnered with Google to revive an Iowa nuclear power plant, gets a $1.9B loan from the Department of Energy to finance the refurbishment (Tim De Chant/TechCrunch)

industry
22 days ago▲ 24
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TM
techmeme

Circle agrees to acquire Singapore-based cross-border B2B payments company Tazapay for $400M, in one of its largest publicly disclosed acquisitions to date (Francisco Rodrigues/CoinDesk)

industry
22 days ago▲ 24
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TM
techmeme

Google DeepMind releases AlphaGenome Atlas, a 1PB dataset of predicted molecular effects for all ~9B possible single-letter DNA changes in the human genome (Google)

industry
22 days ago▲ 24
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