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  • H-1B workers already in U.S. face proposed $103K Trump admin fee

Aug 25, 2026

H-1B workers already in U.S. face proposed $103K Trump admin fee

Bay Area Times
Bay Area Times

Tuesday 25 August 2026

Top stories today:

  1. H-1B workers already in U.S. face proposed $103K Trump admin fee

  2. Apple to launch first new Mac mini in 2 years

  3. Meta to launch OpenClaw rival Hatch by Sep.

  4. Lambda to raise up to $3B at $12B+ valuation

  5. Oura seeks up to $3B in Sep. IPO at $16B+ valuation

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0. Data & Calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).

All times are ET.

Listen to our AI-generated podcast summarizing today’s newsletter (beware of hallucinations):

1. H-1B workers already in U.S. face proposed $103K Trump admin fee

X: JD Vance.

  • The fee would apply to all petitions for H-1B workers subject to the annual statutory cap, including those with master’s degrees.

  • Universities, hospitals, and research institutions would be exempt.

  • The fee would fund benefits adjudication, fraud detection, national security vetting, and systems modernization, per the proposal.

  • It would generate $8.8B annually, with 67% going to USCIS and immigration courts.

  • Jul.: the First Circuit declined to block a Boston judge’s ruling vacating the earlier H-1B entry fee proclamation.

  • Separately, the U.S. is reportedly preparing to revoke B1/B2 visas for up to 200K asylum seekers.

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3. Apple said to launch first new Mac mini in 2 years, potentially before Sep. iPhone launch

Apple (Mac mini M4).

  • M5 and M6 processors have reportedly been tested for the new Mac mini.

  • The AI boom has driven a surge in Mac mini demand.

  • Sep. 9: new iPhones, including a foldable model, Apple Watch Series 12 and new AirPods are expected.

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5. Meta said to launch OpenClaw rival Hatch by Sep., ā€œWatermelonā€ AI model in Oct.

  • Hatch has reportedly been trained to access websites including DoorDash, Etsy, Reddit, Yelp and Outlook.

  • It would feature a customizable dashboard with tools and skills created by AI agents.

  • WhatsApp would also get a platform for integrating and chatting with other AI agents.

  • The releases are part of Meta’s accelerated push to monetize its AI investments and diversify revenue.

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7. Lambda, NVIDIA-backed neocloud, said to raise up to $3B at $12B+ valuation

  • $1.5B+ in 2026 revenue is expected for Lambda.

  • Deal terms haven’t been finalized, though the company has received multiple term sheets for the round.

  • 2027: Lambda reportedly plans to go public.

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