/r/technology
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SpaceX stock drops to a new low and loses $1 trillion in value in a month
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US president says ABC and NBC should lose broadcast licenses because they didn’t carry his primetime address on election claims
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Flock Said Its Cameras Don't Track People. Then a Reporter Proved Them Wrong On Video
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Microsoft Restores Player's 25-Year-Old Account With Son's Baby Photos After Nuking It Due to Hacker
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Kevin O’Leary claimed opposition to his Utah data center was fueled by Chinese money. Now he and Fox News are being sued for defamation
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AI data centers must produce as much power as they use, Australia PM says. New national AI framework will also ensure water efficiency and protect intellectual property rights
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HP fined 1.4 billion rupees for “cartelization” of ink cartridges, toner, PCs | Resellers threatened to ditch HP printing supplies for counterfeits.
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SpaceX stock falls further after Starship rocket test aborted at last second
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Xi offers AI olive branch to the world, calling for 'symphony of global cooperation' | Development and governance of artificial intelligence should be a global effort, Chinese President Xi Jinping said Friday
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China just erased America's AI lead
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China's open-weight Kimi model stuns AI world with frontier-level results
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ICE to Pay Thomson Reuters $125 Million to Find "Voter Fraud" | A new procurement record says ICE wants access to personal data, including names, Social Security numbers, and ethnicity, to investigate in part what the agency calls “voters fraud.”
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Researcher poisons open-weight AI model for under $100
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Americans Can't Have These Affordable Chinese EVs. But They're Coming To Canada
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Mario Kart Wii recompiled for PC using AI, with 4K potential and uncapped frame rates — 'first static recompilation of a Wii game' supports over 200 tracks thanks to Retro Rewind compatibility
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StubHub owes refunds to thousands of fans. Here are 5 things you need to know — Fans in Canada, U.S. lawyer up amid mass cancellation of World Cup tickets
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Even Microsoft couldn’t make Windows 11 work well on 8GB of RAM
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With a $15 billion net worth, Palantir CEO Alex Karp predicts he will get 20x richer from AI—but that middle-class workers will get just modest raises | Fortune
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SoftBank CEO Says You’re Too Stupid to Understand What’s Going on If You Believe the AI Bubble Is Real
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Poland bans “trash streams” with prison sentences for streamers who profit from violence & humiliation
Techmeme
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The Philadelphia Semiconductor Index sank ~10% for the week, its largest weekly fall in over a year, and is now down ~20% from its late-June all-time high (Reuters)
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Sources: Valar Atomics, which makes small nuclear reactors intended to power data centers, is in talks to raise $1B at a ~$5B pre-money valuation (The Information)
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Apple raises iPhone prices in Japan by up to 11%, likely due to the Japanese yen's depreciation against the US dollar over the past year (Joe Rossignol/MacRumors)
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Amazon apologizes after some AWS users received bills as high as $1.5T due to "an issue with unit pricing within the estimated billing computation subsystem" (Robert Booth/The Guardian)
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Sources: OpenRouter has discussed a potential sale to a bigger tech company that could value it at billions of dollars, a premium to its $1.3B valuation in May (The Information)
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Sources: SpaceX is in talks with the DOD about providing the agency with access to data-center capacity worth billions of dollars for running AI models (Wall Street Journal)
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Apple raises the price of Apple Music, with the individual plan up by $1 to $11.99, and some Apple One bundles, citing rising licensing costs (Chance Miller/9to5Mac)
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Sources: Apple and the DOJ are in early discussions about settling a 2024 antitrust lawsuit alleging that Apple violated antitrust laws (Bloomberg)
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Sources: Meta is in talks to rent computing power from its data centers to Anthropic in a deal that could be worth ~$10B over two years (New York Times)
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Models like Kimi K3, Grok 4.5, and Muse 1.1 may prevent the dominance of 2-3 frontier labs with 90% inference margins from hurting other AI ecosystem layers (Gavin Baker/@gavinsbaker)
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Kimi K3 hype shouldn't alarm the US about "losing the AI race" to China; K3 is a good model but not frontier-level and likely lacks dangerous cyber capabilities (Transformer)
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ASML plans to give its ~45K employees globally a €20K bonus, issued as a share award that vests in 2030, joining other chip industry companies offering payouts (Sarah Jacob/Bloomberg)
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AI inference startup General Compute gets a $400M loan from tech investment firm Upper90, seemingly the first deal to use inference-specific chips as collateral (Tim Fernholz/TechCrunch)
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Sources: the EU is set to approve the $55B acquisition of EA under its subsidy rules on July 30; the deal includes Saudi Arabia's PIF, Silver Lake, and Affinity (Foo Yun Chee/Reuters)
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San Francisco sends legal notices to Apple and Google, demanding they take down 13 AI apps used to make deepfake nude images; Google says it deleted five apps (Matt Burgess/Wired)