Tech

As Google plans to build a $15B AI data center hub in India's Visakhapatnam, locals and rights groups are raising concerns over “extremely high” water stress (www.wsj.com)
2026-5-28 India Google AI

The Steam Deck's huge price hike, from $399 in 2022 to $789 today, is the end of an era for gaming handhelds, coming amid RAMageddon, tariffs, and the Iran war (www.theverge.com)
2026-5-28 Iran

The European Commission fines Temu €200M under the DSA for allegedly failing to adequately stop the sale of illegal products; further penalties could follow (www.reuters.com)
2026-5-28 Europe

London- and SF-based Orbital Industries, which uses its Orb model to design advanced materials and then sell them directly, raised a $50M Series B led by Plural (fortune.com)
2026-5-28 London

Internal speech: JD.com founder Liu Qiangdong vows to protect the company's 900,000 employees from AI and automation, saying it will “do everything possible” (www.bloomberg.com)
2026-5-28 AI

The European Commission launches a full review of JD.com's €2.2B acquisition of German electronics retailer Ceconomy under its Foreign Subsidies Regulation (www.bloomberg.com)
2026-5-28 Germany Europe

Sextortionist sentenced to 33 years for targeting 145 children (www.bleepingcomputer.com)
2026-5-28

Dealroom: London overtakes Paris to reclaim its position as Europe's leading tech hub, and now ranks fourth globally; London startups raised $17.7B in 2025 (www.reuters.com)
2026-5-28 Europe Startup London Paris

UK researchers win access to Google's Willow quantum chip, which it says completes a calculation in five minutes that takes supercomputers 10 septillion years (www.bbc.com)
2026-5-28 Google Quantum

Mistral says it is accelerating superintelligence development to ensure Europe's independence from US tech giants, and signs deals to supply Airbus and BMW (www.wsj.com)
2026-5-28 Europe Airbus

Chip design software maker Synopsys reaches a deal with Elliott, giving one board seat to the activist investor's Jesse Cohn, after roughly two months of talks (www.reuters.com)
2026-5-28

Sources: Australia-founded Airwallex, which Keith Rabois accused of being a “Chinese backdoor”, is relocating some staff out of China amid its US expansion (www.ft.com)
2026-5-28 China Australia

As the US AI boom drains venture capital from Africa, startups on the continent are pivoting to domestic funding sources, like pension funds and local VC firms (www.bloomberg.com)
2026-5-28 Startup AI Africa

Swedish chip optical component maker Sivers, whose stock is up ~1,700% YTD, giving it a ~$2.5B market cap, has become one of the country's most-shorted stocks (www.bloomberg.com)
2026-5-28 Sweden

Perfect Randomness Realized For the First Time (science.slashdot.org)
2026-5-28

Surging AI demand has caused shortages and price increases across the entire optical supply chain, from lasers and substrates to optical fibers and connectors (asia.nikkei.com)
2026-5-28 AI

Sources: ByteDance is developing its own CPUs to support growing AI infrastructure needs, as chip price hikes and supply shortages constrain expansion plans (www.reuters.com)
2026-5-28 AI

Anthropic and OpenAI seem to have finally found product-market fit with coding agents, which are quickly becoming daily drivers for highly paid professionals (simonwillison.net)
2026-5-28

Analysis: the Philadelphia Semiconductor Index, which tracks 30 largest US-listed chipmakers, is up ~75% YTD and on track for its biggest annual gain since 1999 (www.ft.com)
2026-5-28

Record Q1 data center spending of $6.2B, up ~100% QoQ, boosted Australia's investment growth, supporting an economy strained by energy costs and high rates (www.bloomberg.com)
2026-5-28 Australia Energy

Global AI hardware demand is easing China's concerns over a stronger yuan hurting exports, as AI hardware exports surge and chip equipment imports rise (www.bloomberg.com)
2026-5-28 China AI

Companies are using AI at their global capability centers in India to bring more creative work in-house, cutting turnaround times and reliance on ad agencies (www.reuters.com)
2026-5-28 India AI

Taiwanese tech companies have completed a record $14.5B of debt deals so far this year, as they race to secure financing to meet soaring demand for AI capacity (www.bloomberg.com)
2026-5-28 Taiwan AI

Swiggy CEO Sriharsha Majety says his company plans to stay out of the spending war as Amazon and Flipkart ramp up their quick commerce efforts across India (www.bloomberg.com)
2026-5-28 India Amazon

Kirkland & Ellis, the world's highest-grossing law firm, is setting aside $500M to build its own AI platform rather than rely on tools available to its rivals (www.ft.com)
2026-5-28 AI

Websites Have a New Way To Spy On Visitors: Analyzing Their SSD Activity (hardware.slashdot.org)
2026-5-28

Trade Desk's market cap fell ~70% from a December 2024 peak as it contends with frustrated agency partners, competition from Google, and a new entrant, Amazon (www.wsj.com)
2026-5-28 Google Amazon

Memo: Meta plans to embed engineers and product managers within large corporate customers as part of a new Enterprise Solutions unit to help deploy its AI tools (www.theinformation.com)
2026-5-28 AI

Sources: the Pentagon is pursuing funding deals with US drone companies, potentially with equity stakes, to increase domestic production and lower unit costs (www.wsj.com)
2026-5-28 Drone Equity Pentagon

Last.fm announces it is an independent company again, 19 years after being acquired by CBS; it plans to keep its current team and continue the service as normal (www.engadget.com)
2026-5-28

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