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US memory chip stocks lost ~$100B in market value this week, led by Micron's 15% drop, after Google Research detailed its TurboQuant compression algorithm (Financial Times)

Financial Times : US memory chip stocks lost ~$100B in market value this week, led by Micron's 15% drop, after Google Research detailed its TurboQuant compression algorithm   —  New research suggests AI data centres will need much less memory than investors had bargained for  —  US memory chip stocks … from Techmeme https://ift.tt/HFEockd via IFTTT
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Filing: Kalshi has secured a license allowing it to offer margin trading to users, which would make the platform more appealing to institutional investors (Bloomberg)

Bloomberg : Filing: Kalshi has secured a license allowing it to offer margin trading to users, which would make the platform more appealing to institutional investors   —  Kalshi Inc. has secured a license allowing it to offer margin trading to users, a feature that would make the prediction market platform … from Techmeme https://ift.tt/mdLbslY via IFTTT

The FBI confirms Iran-linked Handala breached Kash Patel's personal email but says the data accessed was "historical in nature" and involves no government info (TechCrunch)

TechCrunch : The FBI confirms Iran-linked Handala breached Kash Patel's personal email but says the data accessed was “historical in nature” and involves no government info   —  Lorenzo Franceschi-Bicchierai Zack Whittaker  —  A hacking group backed by the Iranian government dubbed “Handala” … from Techmeme https://ift.tt/FgrGSPV via IFTTT

Sources: X let go of 20+ staffers in nontechnical roles ahead of a SpaceX IPO; X staff have been told to focus on growing revenue since xAI brought on a CRO (Wall Street Journal)

Wall Street Journal : Sources: X let go of 20+ staffers in nontechnical roles ahead of a SpaceX IPO; X staff have been told to focus on growing revenue since xAI brought on a CRO   —  Redundant roles have been removed as the social-media company tries to boost profit and integrate with Musk's space-exploration company from Techmeme https://ift.tt/WOVHu9x via IFTTT

Sources: Apple plans to open up Siri to run any AI service via App Store apps in iOS 27, dropping ChatGPT as exclusive partner in Apple Intelligence and Siri (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg : Sources: Apple plans to open up Siri to run any AI service via App Store apps in iOS 27, dropping ChatGPT as exclusive partner in Apple Intelligence and Siri   —  Apple Inc. plans to open Siri to outside artificial intelligence assistants, a major move aimed at bolstering the iPhone as an AI platform. from Techmeme https://ift.tt/LrnwEta via IFTTT

ARC Prize Foundation unveils ARC-AGI-3, an AI benchmark with simple video-game-like scenarios designed to measure on-the-fly reasoning rather than memory recall (Mark Sullivan/Fast Company)

Mark Sullivan / Fast Company : ARC Prize Foundation unveils ARC-AGI-3, an AI benchmark with simple video-game-like scenarios designed to measure on-the-fly reasoning rather than memory recall   —  ARC-AGI-3 tests whether models can reason through novel problems, not just recall patterns, a task even top systems still struggle to do. from Techmeme https://ift.tt/0b35nTF via IFTTT

The jury in LA's social media trial finds Meta and YouTube harmed a young user via addictive design features and orders them to pay her $3M; Meta will pay 70% (New York Times)

New York Times : The jury in LA's social media trial finds Meta and YouTube harmed a young user via addictive design features and orders them to pay her $3M; Meta will pay 70%   —  A jury found the companies negligent in their app designs, harming a young user with design features that were addictive and led to her mental health distress. from Techmeme https://ift.tt/gYjlF0a via IFTTT