Techmeme
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Kalshi and Polymarket bets on the FIFA World Cup final top $5.69B; Dune Analytics says total wagers on the platforms surpassed $50B for the first time in June (Lauren McCarthy/New York Times)
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Thoughts on why Jony Ive, a close friend of Laurene Powell Jobs, isn't named in Apple's OpenAI suit; sources: Apple tests AI to record Genius Bar customer chats (Mark Gurman/Bloomberg)
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Alibaba launches a 2.4T parameter Qwen3.8 Max preview that it says rivals frontier AI models and is second only to Fable 5, plans to make it "open-weight soon" (Bloomberg)
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AI is reshaping entry-level professional services jobs, as companies redesign hiring, training, and workplace culture rather than simply cut junior roles (Andrew Hill/Financial Times)
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Sources: Kimi developer Moonshot told investors it is preparing for a Hong Kong IPO in as early as six months; its ARR hit $300M in June, up from $200M in April (Bloomberg)
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Analysis: OpenAI and Anthropic employees are donating to campaigns more heavily and cohesively than Google, Meta, and Airbnb employees did post-IPO (Alexandra Lindsay/The San Francisco ...)
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A profile of businessman Sebastian Rucci, whose past ventures were subject to legal probes, as he bids to build California's biggest data center, a $10B project (Zusha Elinson/Wall Street Journal)
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Big US pizza delivery chains are struggling as apps such as DoorDash and Uber Eats give independent pizzerias and other restaurants greater market access (Haley Zimmerman/Financial Times)
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Sources: CIA operative Jonny Gannon spied on G42 to probe its China ties and helped the UAE gain expanded access to US AI chips by allaying US suspicions (Wall Street Journal)
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Alibaba open-sources its chip software, following similar plays from Huawei and Moore Threads, as Chinese GPU makers try to break the dominance of Nvidia's CUDA (Ann Cao/South China Morning Post)
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Analysis finds 60+ "jacket apps" on the App Store disguised as simple games and utilities that become gambling apps when accessed from Brazilian IP addresses (9to5Mac)
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A look at AI's potential impact on insurance-coverage decisions like prior authorization as the Trump admin starts to pilot using AI to evaluate Medicare claims (Joshua Cohen/Ars Technica)
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UK's incoming PM Andy Burnham is expected to scrap Keir Starmer's plans for digital ID cards; last year a petition opposing the cards attracted ~3M signatures (Geraldine McKelvie/The Guardian)
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Permit hurdles push up costs for AI data centers; Oracle pivoted from gas turbines to costlier fuel cells for its Project Jupiter in NM, costing billions more (Ann Davis Vaughan/The Information)
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Prediction market political betting on insider info spreads in DC; sources: WH lawyers raised alarms over anonymous Polymarket bets on the Iran ceasefire timing (Wall Street Journal)