Latest News

Sources: TSMC fires several employees for violating rules on obtaining sensitive information about its 2nm tech; TSMC says it detected “unauthorized activities” (asia.nikkei.com)
2025-8-7

Sources: Core Scientific's hedge fund shareholders may reject CoreWeave's all-stock takeover, seeking better terms, as CRWV has fallen 30%+ post-announcement (t.co)
2025-8-7

White House OSTP Director Michael Kratsios says the US is exploring software or physical ways to track the location of AI chips, as part of its AI Action Plan (www.bloomberg.com)
2025-8-7 AI

DRAM prices remain high after doubling from May 2025 to June 2025, amid speculation that China's CXMT may have halted DDR4 production to focus on DDR5 and HBM (asia.nikkei.com)
2025-8-7 China

As Delta experiments with AI-driven ticket pricing, regulators and travelers alike worry about dynamic fare schemes that “go beyond the human cognitive limits” (www.bloomberg.com)
2025-8-7 AI

Shareholder letter: Reddit cites Profound's analysis showing it is the most cited domain across AI models, as often as Wikipedia and ahead of YouTube and others (pressgazette.co.uk)
2025-8-7 AI YouTube Reddit

Users say AI notetaking tools for meetings can misinterpret context when generating summaries or share content meant for a select audience with all participants (www.wsj.com)
2025-8-7 AI

Uzbek fintech and e-commerce company Uzum raised $65.5M led by Tencent and VR Capital at a ~$1.5B valuation, up from $1.16B in March 2024 after a $114M Series A (techcrunch.com)
2025-8-7 VR Fintech Tencent

India's IT giants face revenue declines due to challenges like corporations establishing their own global capability centers in the country and the rise of AI (indiadispatch.com)
2025-8-7 India AI

Netherlands-based dronemaker Destinus agrees to acquire Zurich-based Daedalean, which develops ML autopilot software for aviation, for ~$223M in cash and stock (www.bloomberg.com)
2025-8-7 Netherlands

The UK's Online Safety Act shows the UK prioritized government control over improving safety, becoming a cautionary tale for democracies regulating the internet (www.techdirt.com)
2025-8-7

Illinois Governor JB Pritzker signed a bill into law on August 1 banning the use of AI for mental health services, but allowing its use in administrative roles (statescoop.com)
2025-8-7 AI Health Reform

Filings: SoftBank increased its Nvidia stake to ~$3B in Q1 and bought ~$330M worth of TSMC stock; source: Vision Fund monetized almost $2B of assets in H1 2025 (www.bloomberg.com)
2025-8-7 Nvidia Asset

Taiwanese prosecutors say two ex-TSMC employees and a third suspect were arrested for allegedly stealing proprietary tech; investigators searched Tokyo Electron (t.co)
2025-8-7 Taiwan Tokyo

Spend management startup Alaan raised a $48M Series A led by Peak XV, one of the Middle East's largest Series A rounds for a fintech, after a $2.5M seed in 2021 (techcrunch.com)
2025-8-7 Fintech Startup

Israeli quantum computing startup QuamCore raised a $26M Series A led by Sentinel, taking its total funding to $35M, and plans to move into chip fabrication (en.globes.co.il)
2025-8-7 Israel Startup Quantum

A draft White House EO shows President Trump plans to step up pressure against big banks over alleged discrimination against crypto companies and conservatives (www.wsj.com)
2025-8-7 Trump

Source: Alibaba's supermarket chain Hema plans to gradually wind down the last of its Costco-like members-only stores in China in a bid to improve profitability (www.bloomberg.com)
2025-8-7 China Alibaba

Sources: Intel's 18A process yield has remained low, with only ~5% of its Panther Lake chips meeting its specifications in late 2024 and ~10% by summer 2025 (www.reuters.com)
2025-8-7 Intel

ElevenLabs launches Eleven Music, letting individuals and businesses use its AI model to generate music cleared for commercial use via English-language prompts (www.wsj.com)
2025-8-7 AI

NYC-based sales automation startup Clay raised $100M led by CapitalG at a $3.1B valuation, up from $1.25B in January 2025, and expects $100M in revenue in 2025 (www.nytimes.com)
2025-8-7 Startup

The US General Services Administration approves OpenAI, Google, and Anthropic for AI contracts with civilian federal agencies via its Multiple Award Schedule (www.bloomberg.com)
2025-8-7 Google AI

President Trump says that he plans to announce new tariffs “on semiconductors and chips” as soon as next week “because we want them made in the United States” (www.cnbc.com)
2025-8-7 Trump

Patreon CEO Jack Conte says the platform paid out $10B+ to creators since its 2013 founding, creators now get $2B+ annually, and there are 25M+ paid memberships (www.axios.com)
2025-8-7

Roku launches Howdy, an ad-free streaming service for $2.99 per month, initially only on Roku devices, with content from Lionsgate, WBD, FilmRise, and others (www.usatoday.com)
2025-8-7

Cisco Talos finds a flaw in the Broadcom BCM5820X chip used in Dell's ControlVault security firmware, affecting 100+ laptop models; Dell issued patches in 2025 (www.reuters.com)
2025-8-7 Cisco

Google DeepMind releases its Genie 3 model, which can generate 3D worlds from a prompt and has enough visual memory for a few minutes of continuous interaction (www.theverge.com)
2025-8-7 Google

US DOT Secretary Sean Duffy proposes a rule change to let more commercial drones fly beyond an operator's line of sight, a boon for Walmart and Alphabet's Wing (www.bloomberg.com)
2025-8-7 Drone Alphabet Walmart

Anthropic releases Claude Opus 4.1 to paid Claude users, in Claude Code, its API, Amazon Bedrock, and Google Cloud's Vertex AI, with the same pricing as Opus 4 (www.anthropic.com)
2025-8-7 Google Amazon AI

WhatsApp will now show users a “safety overview” when a user not in their contacts adds them to a group, with key info and safety tips to help counter scams (www.theverge.com)
2025-8-7 WhatsApp

Previous Page Next Page