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t.co
The head of the axed £800M UK supercomputer project warns that the UK, which no longer has a machine ranked in the global top 50, risks falling behind rivals
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t.co
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2024-11-20
Sources: Trump Media is nearing an all-share purchase of Intercontinental Exchange's crypto trading platform Bakkt; DJT closed up 16.65% and BKKT up 162.46%
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t.co
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2024-11-20
Trump
Sources: Alibaba, ByteDance, and Meituan have been expanding their AI teams in Silicon Valley in recent months, despite US efforts to stymie Chinese companies
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t.co
)
2024-11-19
China
Alibaba
AI
Samsung unveils a $7.2B share buyback plan, its first since 2017, aimed at boosting its stock, which has fallen 30%+ in 2024 on concerns over Chair Lee Jae-yong
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t.co
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2024-11-18
Samsung
Chinese smartphone manufacturers are ramping up their efforts in Europe to grab marketshare from Apple and Samsung with tech such as foldable devices
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t.co
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2024-11-18
China
Europe
Samsung
Apple
Sources: xAI raised $5B at a $45B valuation, almost double its valuation a few months ago; SpaceX prepares a tender offer that would value the company at $250B+
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t.co
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2024-11-16
SpaceX
A profile of Klarna and its CEO Sebastian Siemiatkowski as it filed for a US IPO on November 13; investors hope Klarna can achieve a $150B-$200B valuation
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t.co
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2024-11-15
IPO
Biden admin finalizes its $6.6B CHIPS Act grant to TSMC; money will be disbursed in stages and TSMC is expected to receive at least $1B by the end of 2024
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t.co
)
2024-11-15
Grubhub co-founder Matt Maloney says he led an effort to buy Grubhub for $1B+ around the start of 2024 and in 2022; Wonder bought Grubhub for $650M on Nov. 13
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t.co
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2024-11-15
Sources: the FTC plans to probe allegations that Microsoft is abusing its market power in productivity software to prevent customers from leaving Azure
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t.co
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2024-11-15
Microsoft
The EU fines Meta €797.72M for tying Facebook Marketplace to Facebook and “imposing unfair trading conditions” on rival websites, the first such fine for Meta
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t.co
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2024-11-15
Facebook
The ASP of high-end AI chips from Nvidia and others is ~5x more than that of conventional memory chips, resulting in a winner-takes-all trend in the chip sector
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t.co
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2024-11-14
AI
Nvidia
Media executives say that some brands were preparing to advertise on X once again, as Elon Musk was likely to gain an influential Trump administration role
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t.co
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2024-11-13
Trump
Elon Musk
Sources: Gail Slater, a top aide to JD Vance, and Mark Meador, a former enforcer at the DOJ's antitrust unit and the FTC, are the front-runners to lead the FTC
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t.co
)
2024-11-13
Analysts: Nintendo and Sony are heading into the holiday season with little to offer consumers; the Switch is now seven years old and $700 PS5 Pro is overpriced
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t.co
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2024-11-12
Nintendo
Sony
Baidu unveils smart glasses powered by its Ernie LLM that aim to “become a private assistant” by tracking calories, playing music, and more, launching in 2025
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t.co
)
2024-11-12
Bitcoin passed $89K for the first time, Tesla closed up 8.96%, Coinbase closed up 19.76%, and Robinhood closed up 7.4%, as investors pile into “Trump trades”
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t.co
)
2024-11-12
Trump
Bitcoin
Tesla
Coinbase
Amazon's Annapurna Labs plans to unveil “Trainium 2” AI chips next month, in an effort that can rival Nvidia; Trainium 2 is being tested by Anthropic and others
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t.co
)
2024-11-12
Amazon
AI
Nvidia
Sources: Elon Musk's US government advisory role will be structured to ensure he keeps control of Tesla, X, xAI, and others by installing acolytes and allies
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t.co
)
2024-11-11
Tesla
Elon Musk
Meta, OpenAI, Microsoft, and other AI companies create their own internal benchmarks as new models approach or exceed 90% accuracy on existing public tests
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t.co
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2024-11-10
Microsoft
AI
The Taiwan Semiconductor Industry Association says Taiwan's semiconductor production is on track to increase 22% YoY to a record $165B in 2024 on AI demand
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t.co
)
2024-11-10
Taiwan
AI
Tencent partners with Visa to launch a palm biometric authentication payment service at stores and restaurants in Singapore, its first expansion outside China
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t.co
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2024-11-9
China
Tencent
Singapore
Sources: TSMC told Chinese customers it would no longer manufacture AI chips at advanced process nodes of 7nm or smaller as of this coming Monday
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t.co
)
2024-11-8
China
AI
How doctors are pioneering the use of AI to improve outcomes for patients, including faster diagnostics, more targeted treatment, and better communication
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t.co
)
2024-11-7
AI
A look at Trump's potential new administration, including Elon Musk, tasked with “a complete financial and performance audit of the entire federal government”
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t.co
)
2024-11-6
Trump
Elon Musk
Elon Musk's gamble on Donald Trump pays off, as Trump looks set to win; Trump gave Musk a lengthy shout out in his victory speech, calling him “a super-genius”
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t.co
)
2024-11-6
Trump
Elon Musk
Abu Dhabi National Oil Company CEO Sultan al-Jaber says AI gives oil firms incentive to invest in renewables, as ADNOC unveils plans for integrating AI agents
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t.co
)
2024-11-6
AI
Renewable
The UK launches a platform with guidance and practical resources to help businesses conduct impact assessments and evaluations of the safety of new AI systems
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t.co
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2024-11-6
AI
In its annual report, Apple warns of future products perhaps never exceeding the iPhone's profitability, “geopolitical tensions”, and AI features' safety risks
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t.co
)
2024-11-6
iPhone
AI
Apple
TSMC CFO Wendell Huang says the chipmaker now expects to pay more for power in Taiwan than anywhere else; TSMC's electricity prices rose 25% in April 2024
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t.co
)
2024-11-5
Taiwan
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