GitHub is being absorbed into Microsoft as its CEO steps down. In a significant agreement, Nvidia and AMD will pay the U.S. Treasury 15% of their revenues from China. Reddit intends to block the Internet Archive's Wayback Machine. The AI sector continues to see rapid developments, with models like Grok, Gemini, and ChatGPT being compared in tasks like chess, and the overall "AI rush" is reportedly creating new billionaires at a record pace amid debates over models like GPT-5. In other business news, the founders of Medigate have raised $20 million to launch a new cybersecurity company. Broader industry trends suggest a difficult job market for junior high-tech professionals, while there is speculation that a Trump administration could offer exemptions to major tech companies in exchange for investments.

https://nerds.xyz/2025/08/gpt5-backlash-missing-the-point

https://www.calcalist.co.il/calcalistech/article/r14lsjg00xl

https://www.calcalist.co.il/calcalistech/article/bjzzvardel

https://www.calcalist.co.il/calcalistech/article/bynd7aruxx

https://www.calcalist.co.il/calcalistech/article/hkgdajddee

https://www.calcalist.co.il/calcalistech/article/b1m001nw00eg

https://www.calcalist.co.il/calcalistech/article/b1m001nw00eg

https://arstechnica.com/gadgets/2025/08/github-will-be-folded-into-microsoft-proper-as-ceo-steps-down

https://www.calcalist.co.il/calcalistech/article/bjovpfvule

https://www.theverge.com/news/757538/reddit-internet-archive-wayback-machine-block-limit