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Techmeme

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In-depth look at OpenAI's model training, dangerous decisions, and cluelessness before the HuggingFace hack; despite delaying Astra, OpenAI still doesn't get it (Zvi Mowshowitz/Don't Worry About the Vase)
Data Insight: Russia's largest online retailer Wildberries, which owes Russian banks $10B+ in loans, has lost as much as $5B in inventory to Ukrainian attacks (Wall Street Journal)
Cape Town-based Moment, a provider of digital payments and billing tools for businesses across Africa, raised a $22M Series A, taking its total funding to $55M (FinTech Global)
Rights groups warn Turkey's new cybersecurity law, which took effect in July, gives the presidency sweeping powers over online services operating in the country (John Paul Rathbone/Financial Times)
Google's AI shakeup suggests it may be prioritizing AI diffusion over frontier-model leadership, betting on AI compute as a bigger economic opportunity (Tim O'Reilly/Asimov's Addendum)
A look at "Spiralism", a quasi-spiritual movement that grew in 2025 from human-AI conversations after sycophantic GPT-4o updates and expanded ChatGPT memory (Hayden Field/The Verge)
Anthropic says auto mode will be the default in Claude Code for Pro, Max, Team plans, starting on Aug. 14, claiming it's good enough at catching harmful actions (Simon Willison/Simon Willison's Weblog)
How Amazon and Gilroy, California, quietly negotiated a $2B data center project that AWS applied to build in 2020, without any public meetings or votes (Zusha Elinson/Wall Street Journal)
South Korea's AI-driven chip industry boom is reordering the country's society, changing expectations around fairness, careers, and even culture and dating (Bloomberg)
Amazon is backing a 7.65 GW gas plant for an off-grid TX AI data center, potentially the largest single US emissions source, at odds with its 2040 net-zero goal (Hiroko Tabuchi/New York Times)
A profile of Russia's A7, a payment network that helps Russia bypass Western sanctions, handling ~20% of payments in Russian foreign trade, or $100B+ annually (Alexander Osipovich/Wall Street Journal)
Sources: Cursor told staff on Thursday that SpaceX could complete its $60B acquisition as soon as next week and the Cursor brand name will likely be phased out (Grace Kay/The Information)
TMTG interim CEO Kevin McGurn says the company is pulling back from a pair of Crypto.com deals to focus on its media arm and its pending merger with TAE (Sara Fischer/Axios)
Retailers are updating their websites to rank highly in chatbot results, while making sure purchases are done on their own sites to collect customer data (Arriana McLymore/Reuters)
Sources: data center operator Switch filed confidentially for a US IPO, and a listing could take place as soon as November; Ben Horowitz is joining its board (Bailey Lipschultz/Bloomberg)
The Clarity Act faces uncertainty after Senate Republicans delayed a vote until after their August recess, pushing it to September, just weeks before midterms (Jasper Goodman/Politico)
Sources: Situational Awareness invested $500M, including $400M this week, into Source Foundry, a startup that plans to develop new AI chip manufacturing tools (Wall Street Journal)
The US OCC denies Dutch fintech Bunq's application for a national bank charter, citing the need for more clarity on its business plan to expand in the US (Bloomberg)
Filings: Moonshot restructured its China-based entity from a limited liability company to a joint stock company in its first visible step toward a Hong Kong IPO (Financial Times)
Anthropic announces a feature that allows different Claude Code sessions to message each other with updates and other information, available on macOS and Linux (Marcus Mendes/9to5Mac)

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