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Two dormant Bitcoin wallets, each holding 10,000 "Satoshi era" BTC since 2011, transferred the coins to new wallets using a modern, lower-fee address format (Shaurya Malwa/CoinDesk)
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The term "superintelligence" is becoming increasingly popular among AI leaders, even as many in the industry question whether it is ill-defined and overhyped (Shirin Ghaffary/Bloomberg)
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Distinct Possibility, a gaming studio launched by EverQuest co-creator to build a web3 shooter on Etherlink, a Layer 2 network built on Tezos, raised $30.5M (RT Watson/The Block)
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Tailor, which offers a headless ERP system for retail businesses that separates the front end and back end, raised a $22M Series A from ANRI, NEA, YC, others (Kate Park/TechCrunch)
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Blackstone acquires Vista Equity Partners' minority stake in event software company Cvent, sources say for $1.3B; Blackstone acquired Cvent for $4.6B in 2023 (Ryan Gould/Bloomberg)
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Emerald AI, whose software lets AI data centers flexibly adjust power consumption, raised a $24.5M seed led by Radical Ventures, with NVentures participating (Ben Geman/Axios)
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Tel Aviv-based Qedma, which is developing error mitigation software for quantum computers called QESEM, raised a $26M Series A led by Glilot Capital Partners (Anna Heim/TechCrunch)
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LumApps, which makes intranet software, agrees to merge with frontline staff communication app Beekeeper in a deal valuing the combined entity at about $1.1B (Reuters)
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PitchBook: AI startups received 53% of all global VC dollars invested in H1 2025, rising to 64% in the US, and accounted for 29% of all global startups funded (Dan Primack/Axios)
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President Trump signs the One Big Beautiful Bill, which allows immediate deduction of US software labor; foreign R&D still must be amortized over 15 years (KBKG)
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UK minister instructs the Turing AI institute, which has lately focused on responsible AI and ethics, to prioritize national security and defense instead (Joshua Nevett/BBC)
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Sources: Nvidia's deal to buy CentML, which offers tools to optimize the running of AI models on chips, could exceed $400M; CentML raised a $27M seed in 2023 (Murad Hemmadi/The Logic)
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Doc: UK's Independent Publishers Alliance files an antitrust complaint with EU and the UK CMA against Google, alleging misuse of web content for AI Overviews (Foo Yun Chee/Reuters)
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Sam Altman says he believes in "techno-capitalism" and is "politically homeless" as Democrats no longer encourage a "culture of innovation and entrepreneurship" (Salvador Rodriguez/CNBC)
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Sources: the Trump administration plans to curb AI chip shipments to Malaysia and Thailand, as part of an effort to crack down on suspected smuggling into China (Mackenzie Hawkins/Bloomberg)
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Sources: Google plans to propose a price comparison box at the top of search results in the EU, featuring ranked options from competitors, to avoid DMA fines (Gian Volpicelli/Bloomberg)
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The European Commission says it won't pause the rollout of its AI Act, after Alphabet, Meta, Mistral, ASML, and others urged the EU to delay the rules by years (Foo Yun Chee/Reuters)
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Sources: TSMC delays the construction of its second plant in Japan, initially slated for early 2025, to invest in US expansion ahead of potential Trump tariffs (Yang Jie/Wall Street Journal)
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As companies like SpaceX, Stripe, and OpenAI stay private longer, tokenized stocks on blockchains offer a way for the public to access lucrative private markets (Matt Levine/Bloomberg)
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A look at Scattered Spider, a group of mostly young UK and US hackers using targeted social engineering to gain access to company networks and deploy ransomware (Wired)
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