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Hi there, this is your daily ☕️ Techpresso.

In today's Techpresso:

👀 Musk asked Zuckerberg to join $97B OpenAI takeover

🛑 Nvidia halts production of H20 AI chips for China

⚖️ Musk and X to settle $500 million lawsuit over Twitter firings

💥 Y Combinator backs Epic in appeal against Apple

🔄 Bank rehires workers replaced by AI after "lying" about chatbot success

🏛️ Google launches Gemini for government at 47 cents

☁️ Meta clinches mega $10 billion cloud deal with Google

🎁 + 15 other news you might like

🔮 + 5 handpicked research papers and tools

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👀 Musk asked Zuckerberg to join $97B OpenAI takeover LINK
  • Elon Musk asked Meta CEO Mark Zuckerberg for help financing an unsolicited $97.4 billion offer to purchase OpenAI, according to a court filing from the AI company.
  • The document reveals neither the chief executive nor his firm signed a letter of intent, ultimately declining to join the bid to purchase the ChatGPT maker.
  • OpenAI now argues this secret request to a main rival weakens Musk's legal claims that its Microsoft partnership violated the organization’s original charitable mission.
🛑 Nvidia halts production of H20 AI chips for China LINK
  • Nvidia directed suppliers Amkor Technology and Samsung Electronics to pause manufacturing of its H20 chips for China, following a government order for local tech companies to halt purchases.
  • This directive comes as China's Cyberspace Administration reviews the H20 chips for security risks, specifically concerns that they might contain "backdoors" or tracking technology for remote operation.
  • The move casts doubt on the chip's future in China, even after Nvidia CEO Jensen Huang worked to secure US export licenses and assured Beijing the hardware has no "backdoors."
⚖️ Musk and X to settle $500 million lawsuit over Twitter firings LINK
  • Elon Musk’s X is tentatively settling a class action lawsuit from former Twitter staff who claim they did not receive the complete severance pay promised after the 2022 layoffs.
  • The lawsuit argues Musk's three-month severance offer was lower than a 2019 plan that guaranteed senior employees up to six months’ base pay, plus one week per year of service.
  • After a U.S. District Judge first ruled against the workers, the plaintiffs appealed, leading both parties to negotiate a deal ahead of a court of appeals hearing next month.
💥 Y Combinator backs Epic in appeal against Apple LINK
  • Y Combinator filed an amicus brief stating Apple's 27% fee on external transactions was a penalty meant to inhibit competition, which the court's recent Enforcement Order correctly identified and stopped.
  • The startup accelerator claims the Link Entitlement Program's commission would have deterred investors from backing new app-based companies, resulting in fewer American businesses being created in the future.
  • The filing disputes the value of the App Store Small Business Program, arguing startups seek exponential growth, making the temporary 15% fee a rounding error for their long-term business models.
🔄 Bank rehires workers replaced by AI after "lying" about chatbot success LINK
  • The Commonwealth Bank of Australia fired 45 workers, claiming its new AI chatbot had reduced call volumes by 2,000 a week, a statement employees called "an outright lie."
  • In reality, call volumes were increasing at the time, forcing the bank to offer staff overtime and even have management help answer the phones just to keep up with demand.
  • After being brought to a fair work tribunal, the bank admitted the roles were not redundant, apologized, and offered to rehire the workers or provide them with exit payments.
🏛️ Google launches Gemini for government at 47 cents LINK
  • The General Services Administration announced that federal agencies can now access Google's suite of artificial intelligence services, called Gemini for Government, for only 47 cents each through 2026.
  • The GSA previously added Google’s Gemini, OpenAI’s ChatGPT, and Anthropic’s Claude to its purchasing system, following moves by competitors to offer their AI products to the government for $1.
  • Building on a past discount for its Workspace tools, Google’s new offer gives federal employees access to tools like NotebookLM and Veo, which are powered by its latest models.
☁️ Meta clinches mega $10 billion cloud deal with Google LINK
  • Meta has agreed to a six-year deal to spend at least $10 billion on Google Cloud services, marking the first major cloud partnership between the two technology industry giants.
  • The company plans to use Google Cloud servers and storage to support its AI infrastructure, despite also investing heavily in building out its own collection of over 20 data centers.
  • This agreement adds Google to Meta’s existing multicloud strategy for external capacity, as the social networking giant already works with cloud competitors like AWS and Microsoft Azure for services.

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Other news & articles you might like

  • FTC Chair warns tech firms not to weaken data privacy to comply with EU, UK laws LINK
  • Tesla faces U.S. auto safety probe over faulty crash reporting LINK
  • OpenAI announces New Delhi office as it expands footprint in India LINK
  • Meta poaches yet another AI researcher from Apple, the sixth in seven weeks LINK
  • Apple TV+ price jumps 30% to $12.99 monthly LINK
  • Report: Anthropic eyes $10bn raise after strong investor interest LINK
  • Russia orders state-backed Max messenger app to be pre-installed on new phones LINK
  • One of China’s Largest Tech Companies Just Copied Apple’s Biggest Flop LINK
  • DeepSeek hints latest model will be supported by China’s ‘next generation’ homegrown AI chips LINK
  • Digital euro may launch on Ethereum or Solana as Brussels scrambles for sovereignty LINK
  • Tesla may tap DeepSeek and Doubao for in-car AI assistant LINK
  • Trump to appoint Airbnb co-founder Gebbia to remake government websites LINK
  • Google: Pixel Will Never Be a Major Player in the Smartphone Market LINK
  • Dev gets 4 years for creating kill switch on ex-employer's systems LINK
  • Nonprofit search engine Ecosia offers $0 for control of Chrome LINK

Trending research and tools

AI Tooling Disclosure: a discussion proposing that project contributors must disclose their use of AI tools when submitting work. LINK
Fmllm: a compact language model trained on only 4mb of data that can produce nearly coherent text. LINK
Making LLMs Cheaper and Better via Performance-Efficiency Optimized Routing: this paper proposes a system that sends user queries to different AI models to find the best balance between performance and cost. LINK
Inter-APU Communication on AMD MI300A Systems via Infinity Fabric: A Deep Dive: this paper analyzes the performance of AMD's Infinity Fabric technology when connecting multiple MI300A processors together. LINK
Intern-S1: A Scientific Multimodal Foundation Model: this paper introduces a large AI model designed to understand different types of scientific data, like text and images, to help with research. LINK

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