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Analysis: Meta has invested $80B+ in AR and VR since 2014 when it bought Oculus, and is on track to top $100B in 2025; a source says it sold 1M Ray-Bans in 2024
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t.co
)
2025-2-3
VR
AR
The EU proposes customs reforms that make ecommerce platforms such as Temu, Shein, and Amazon Marketplace liable for dangerous or illegal products they sell
(
t.co
)
2025-2-2
Amazon
Sources: SoftBank is in talks to invest $15B-$25B in OpenAI on top of its $15B+ commitment to Stargate; the deal would make it OpenAI's biggest financial backer
(
t.co
)
2025-1-30
Vandatrack: retail traders bought a net $562M of Nvidia's stock on January 27, a record, and $360M on January 28, after DeepSeek's AI model sent NVDA crashing
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t.co
)
2025-1-30
Retail
AI
Nvidia
The EU says upcoming sanctions on Russia aim to crack down on traders who send gaming consoles to Russia that are then often used by the army to control drones
(
t.co
)
2025-1-29
Russia
Drone
SemiAnalysis: DeepSeek has spent “well over $500M on GPUs over the history of the company”; TechInsights says it doesn't see DeepSeek as “a big hit to Nvidia”
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t.co
)
2025-1-28
Nvidia
Bridgewater founder Ray Dalio says investor exuberance over AI has fuelled a “bubble” in US stocks that resembles the build-up to the dotcom bust in 1998-1999
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t.co
)
2025-1-28
AI
At Davos, AI leaders clashed over safety concerns and the $100B Stargate project; Demis Hassabis and Anthropic co-founder Dario Amodei reiterated stark warnings
(
t.co
)
2025-1-27
AI
Davos
Chinese esports companies, including Tencent and Huya, face growth challenges in China, the world's biggest esports market; the industry earned ~$3.8B in 2024
(
t.co
)
2025-1-27
China
Tencent
Industry insiders say DeepSeek's focus on research makes it a dangerous competitor as it's willing to share breakthroughs rather than protect them for profits
(
t.co
)
2025-1-25
Retro Biosciences, the Sam Altman-backed startup that wants to use AI to develop therapies for extending human lifespan by a decade, is raising a $1B Series A
(
t.co
)
2025-1-25
Startup
AI
X refuses to remove a video of the stabbing of a Sydney bishop watched by Axel Rudakubana minutes before murdering three kids in UK's Southport last summer
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t.co
)
2025-1-25
Sydney
Sources: a16z is pulling back from its much-touted expansion into UK crypto investing, seeking to refocus on the US crypto industry following Trump's election
(
t.co
)
2025-1-25
Trump
Sources: OpenAI faces challenges in transitioning to for-profit status, including valuing Microsoft's stake; its charitable arm could be worth $30B
(
t.co
)
2025-1-24
Microsoft
Sources: Stargate lacks a fully developed plan, hasn't secured funding yet, will get no government support, and will exclusively serve OpenAI once operational
(
t.co
)
2025-1-24
HSBC shuts Zing after launching the payments app in Jan. 2024 to compete with Revolut and Wise, marking the latest failed fintech venture by a traditional bank
(
t.co
)
2025-1-24
Fintech
HSBC
Neko Health, a startup co-founded by Daniel Ek that offers AI-based full-body scans, has raised $260M led by Lightspeed, sources say at a $1.7B valuation
(
t.co
)
2025-1-23
Startup
AI
SK Hynix's Q4 operating profit grew over 20x YoY to ~$5.6B, beating Samsung's for first time, with HBM chips accounting for 40% of its total DRAM chip revenue
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t.co
)
2025-1-23
Samsung
4Q
Memo: ByteDance asks Chinese staff in Singapore to pay tax to China or risk losing their ability to cash out on stock options, as China steps up tax enforcement
(
t.co
)
2025-1-22
China
Tax
Singapore
Some crypto executives fear investor backlash over $TRUMP and $MELANIA memecoins; CoinMarketCap reports most $TRUMP trading is concentrated on Asian exchanges
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t.co
)
2025-1-22
Trump
Microsoft to buy 3.5M carbon credits, estimated to be worth about $200M, from Re.green over 25 years to restore parts of Brazil's Amazon and Atlantic forests
(
t.co
)
2025-1-22
Amazon
Microsoft
Brazil
Sources: Google is investing over $1B more in Anthropic, which is also nearing a further $2B funding round from Lightspeed and other VCs at a ~$60B valuation
(
t.co
)
2025-1-22
Google
DealStreetAsia: Southeast Asian startups raised $4.56B in 2024, down 42% YoY and falling to a fifth of a 2021 peak, as the number of deals fell 10% YoY to 633
(
t.co
)
2025-1-22
Startup
Southeast Asia
Sources: ByteDance plans to spend ~$5.5B to acquire AI chips in China in 2025, double the amount spent in 2024, with ~60% going to Chinese suppliers like Huawei
(
t.co
)
2025-1-22
China
AI
The UK debuts digital driving licenses and veteran ID cards, launching in 2025 via the GOV.UK Wallet, and AI tools, nicknamed “Humphrey”, to help civil servants
(
t.co
)
2025-1-22
AI
Huawei plans to challenge Nvidia in China's AI chip market by positioning its latest Ascend AI processors as the hardware of choice for “inference” tasks
(
t.co
)
2025-1-21
China
AI
Nvidia
Democratic Republic of Congo lawyers say Belgium has started a criminal probe into allegations that Apple has knowingly sourced “blood minerals” from the DRC
(
t.co
)
2025-1-21
Apple
Belgium
US Commerce Department official Alan Estevez says export rules have “definitely impeded” China's AI chips, and defends the recent three-tier chip access rules
(
t.co
)
2025-1-21
China
AI
An interview with Broadcom's Hock Tan on backlash from VMware customers, positioning VMware as a “sovereign” alternative to Big Tech's cloud services, and more
(
t.co
)
2025-1-20
VMware
Interview
Apple CFO Kevan Parekh tells a London court it is impossible to accurately determine the App Store's standalone profitability and disputes claims of 75% margins
(
t.co
)
2025-1-20
Apple
London
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