Dwayne
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China's new AI content labeling law goes into effect, as part of a broad effort to address AI-related risks such as misinformation and copyright infringement (Coco Feng/South China Morning Post)
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Internal memo: Revolut begins a secondary share sale for staffers at $1,381.06 per share, valuing Revolut at $75B, up from $45B in a 2024 secondary share sale (Aisha S Gani/Bloomberg)
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WLFI, the token of Trump's World Liberty Financial, begins trading at ~$0.30 with a market cap of ~$7.5B; ~24.67% of its 100B supply is in circulation at open (Naga Avan-Nomayo/The Block)
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Source: G42 is talking to Google, AWS, Meta, Microsoft, and xAI to become tenants at its UAE-US AI Campus, and aims to diversify chip suppliers beyond Nvidia (Kelsey Warner/Semafor)
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Sources: OpenAI is scouting local partners to set up a 1GW+ data center in India, although the exact timeline is unclear; Sam Altman is set to visit this month (Bloomberg)
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Analysis: porn sites that don't comply with the UK's age verification laws have seen their traffic from UK users grow, while sites complying had declines (Drew Harwell/Washington Post)
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AI shopping agents are prompting sellers and brands to rethink how they sell online, as advertisers adopt techniques to appear more prominently in AI results (Financial Times)
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Q&A with Cloudflare CEO Matthew Prince on why he thinks AI chatbots imperil the web and journalism's future, his company's pay-per-crawl initiative, and more (Fred Vogelstein/Crazy Stupid Tech)
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A survey of 1,047 US college students on GenAI: 55% use the tech for brainstorming ideas, 18% now question the value of college more than they used to, and more (Colleen Flaherty/Inside Higher Ed)
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A profile of Chinese AI chip designer Cambricon, whose share price has doubled since the start of August, supported by Beijing's aims for tech self-sufficiency (Financial Times)
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Q&A with Lyft CEO David Risher on three consecutive profitable quarters, co-founders leaving the board, the Freenow acquisition, robotaxi economics, and more (J. Edward Moreno/Sherwood News)
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A new policy document from seven Chinese government departments outlines plans to create a globally competitive brain-computer interface industry by 2030 (Emily Mullin/Wired)
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An interview with CrowdStrike CEO George Kurtz on the company's M&A strategy as it acquires Madrid-based data observability startup Onum for about $290M (Allie Garfinkle/Fortune)
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Source: Indian fantasy sports startup Mobile Premier League plans to lay off ~60% of its local workforce, after the government banned online real-money games (Aditya Kalra/Reuters)
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Pharma commercialization company Eversana merges with Waltz Health, which provides drug price-comparison software to insurers, creating an entity valued at $6B (John Tozzi/Bloomberg)
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OpenLight, which designs custom application-specific silicon photonic chips, raised a $34M Series A as it targets the data center interconnect market (Dan Swinhoe/DatacenterDynamics)
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Crypto and tech entrepreneurs are attending Network School, founded by Balaji Srinivasan in Forest City, Malaysia, to test his concepts about the Network State (Ryan Weeks/Bloomberg)
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A critique of two contrasting research papers on AI's impact on US employment trends, along with caveats from a Stanford study on jobs in AI-exposed fields (Noah Smith/Noahpinion)
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A look at the potential future of personalized, AI-generated entertainment, and how it could both submerge human originality and enable new forms of expression (Joshua Rothman/New Yorker)
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Cambridge, UK-based Paragraf, which makes graphene-based electronics using standard semiconductor processes, raised a $55M Series C to scale its manufacturing (Tamara Djurickovic/Tech.eu)
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