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Tech Brew Ride Home

Uncle Sam’s Intel Stake

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 25 August 2025

⏱️ 17 minutes

🧾️ Download transcript

Summary

The government has indeed taken a stake in Intel. Apple might turn to Google to save Siri. Meta turns to Midjourney. Perplexity wants to cut publishers in on the action. And how DHL is using AI to shore up a workforce that is aging out. Links: Trump, Intel Agree to 10% U.S. Stake as President Promises More Deals (NYTimes) Apple Explores Using Google Gemini AI to Power Revamped Siri (Bloomberg) Meta partners with Midjourney on AI image and video models (TechCrunch) Perplexity to Let Publishers Share in Revenue from AI Searches (Bloomberg) Netflix Sets Opening Dates for Permanent Entertainment and Shopping Venues in Philadelphia, Dallas (Variety) Inside DHL’s AI upgrade: ‘Love it or hate it, you have to work with it’ (FT) 8 Women, 4 Bedrooms and 1 Cause: Breaking A.I.’s Glass Ceiling (NYTimes) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Brew Ride Home for Monday, August 25th, 2025. I'm Brian McCullough. Today, the government has indeed taken a stake in Intel.

0:12.1

Apple might turn to Google to save Siri, meta turns to mid-journey, perplexity wants to cut publishers in on the action,

0:19.2

and how DHL is using AI to shore up a

0:21.7

workforce that is aging out. Here's what you missed today in the world of tech.

0:33.7

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1:13.3

Mizn and Main.com slash tech brew promo code brew 15. Need to catch you up on this real

1:23.9

quick because it is big news. The U.S. government has indeed taken a 10% stake in Intel.

1:29.9

Howard Lutnik said earlier that the U.S. won't be on Intel's board or play a role in Intel's

1:35.1

governance, but Intel says the U.S. will make an $8.9 billion investment by purchasing

1:41.3

$433.3 million primary shares of Intel common stock for $20.47 per share. Intel closed on

1:50.1

August 22nd at $24 and $0.80 per share. Quoting the journal, the deal is a remarkable turnaround.

1:57.2

Just over two weeks ago, President Trump called for Intel CEO Lipboot Tan to be fired for his ties to China.

2:03.6

After meeting Tan and talking about the business last week, Trump became a fan and saw an opportunity to deepen their partnership, he said Friday.

2:10.7

I said, I think you should pay us 10% of the company. And they said yes, Trump said in the Oval Office.

2:16.8

Tan was photographed smiling with

2:18.1

Commerce Secretary Howard Lutnik in Washington to celebrate the deal. Under the terms of the

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