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Techmeme

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California Gov. Gavin Newsom signs a first-of-its-kind executive order requiring safety and privacy guardrails from AI companies that contract with the state (Cecilia Kang/New York Times)
AI coding agents will drastically alter both the practice and the economics of exploit development, automating the discovery of zero-day vulnerabilities (Thomas H. Ptacek/sockpuppet.org)
ScaleOps, which makes automated cloud spend tools, raised a $130M Series C led by Insight Partners at an $800M+ valuation, bringing its total funding to $210M+ (Meir Orbach/CTech)
Examining the Smartphone Theory of Everything, which blames phones for anxiety, populism, and polarization, despite harms being concentrated in the Anglosphere (Derek Thompson)
After Copilot injected an ad into a pull request on GitHub, referencing Raycast, GitHub says it "disabled product tips entirely thanks to the feedback" (Sean Endicott/Windows Central)
Sycamore, founded by former Atlassian CTO Sri Viswanath to let enterprises build, deploy, and monitor AI agents, raised a $65M seed led by Coatue and Lightspeed (Lucinda Shen/Axios)
A Delaware judge reassigns Elon Musk cases over "disproportionate media attention" after allegations she "liked" a LinkedIn post celebrating a Musk legal defeat (Sujeet Indap/Financial Times)
Match Group agrees to settle an FTC lawsuit claiming it illegally shared user data from the OkCupid app with facial recognition tech company Clarifai in 2014 (Jonathan Stempel/Reuters)
State of AI safety: as capabilities grow and models can monitor other models, issues like adversarial robustness persist and society is still not ready for AI (Boaz Barak/Windows On Theory)
Sources: E*Trade is in talks to lead SpaceX IPO share sale to retail investors; Robinhood and SoFi have pitched for roles but SpaceX is mulling cutting them out (Reuters)
Valinor, which aims to use smart contracts to replace manual lending processes in the private credit industry, raised a $25M seed led by Castle Island Ventures (Ben Weiss/Fortune)
Tel Aviv-based Sett, which builds AI agents to automate game marketing, raised a $30M Series B led by Greenfield Partners, bringing its total funding to $57M (Meir Orbach/CTech)
Fermi shares drop 12%+ after the data center real estate company reported a $486M YTD net loss, amid concerns over a lack of a tenant for its Texas data center (Financial Times)
Quinnipiac poll: 55% of Americans say AI will do more harm than good in their day-to-day lives, and 65% oppose building data centers in their community (Emily Birnbaum/Bloomberg)
Meta is testing an Instagram Plus subscription in a few countries, offering features including anonymous Story viewing and extended 48-hour Story durations (Aisha Malik/TechCrunch)
Sources: US prosecutors are exploring whether some prediction market bets, including on the capture of Nicolás Maduro, violated insider trading and other laws (Kara Scannell/CNN)
Gurman: Apple pulls Apple Intelligence in China, after accidentally launching it in the country; there is no imminent launch as Apple has no regulatory approval (Ryan Christoffel/9to5Mac)
Midjourney CEO David Holz says the company's revenue "significantly surpassed" $200M in 2023, and has "gone up" since then, despite its declining web traffic (Jemima McEvoy/The Information)
Some developers say the App Store review process is taking significantly longer, up to multiple weeks, with an influx of vibe-coded apps as the likely cause (Business Insider)
Inside the rise and fall of Sora, whose team worked separately from OpenAI's core research team, as OpenAI shuts down Sora and redirects compute to other tasks (Wall Street Journal)

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