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Chinese banks, telecom carriers and a Guangzhou district have started packaging AI tokens as credit card rewards, monthly plans and a basis for business lending. Research across 25 European languages finds tokeniser fertility ranges from 1.23 tokens per word in English to about 3.1 in Greek and Maltese. Banks, telecom carriers and a district government […]
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SpaceX, Blue Origin, Stoke Space and Starcloud pulled out of Macron’s Paris space summit after White House pressure, though several are expected back in the city days later for World Space Business Week. Organisers describe the event as behind schedule and unclear in purpose, while Washington lobbies against the EU Space Act. Four American space […]
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A white paper from the Finnish charger maker Kempower argues that adding connectors raises site utilisation far more than adding power, with eight-plug sites reaching almost 10% against 2% for two-plug sites. Every AFIR target is expressed in kilowatts or kilometres rather than in numbers of connectors. A Finnish charger maker has published a white […]
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More plugs beat more power, a Finnish charger maker says Read More »
Sam Altman said he was very sad about Apple’s trade-secrets lawsuit and that his first reaction was that the allegations sounded egregious, while OpenAI has moved to have the case dismissed. California voids non-compete agreements, so an employer losing engineers has to litigate afterwards rather than restrain them in advance. Sam Altman called himself “a […]
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Sam Altman calls himself a mega Apple fanboy and says the lawsuit made him sad Read More »
Japan’s trade minister said discussions on AI and semiconductors will carry very significant weight in the third tranche of its $550B US investment pact, after two rounds went to energy and minerals. The EU’s own framework contains no comparable vehicle, and commits the bloc to buying at least $40B of US AI chips. Japan’s trade […]
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Hon Hai reported August revenue of NT$921.8B, about $29.1B, up 52% year on year on AI server demand, well ahead of analyst expectations for the quarter. In June it signed a EUR 120M manufacturing partnership with Bull, the French state-owned computing firm, splitting work between Pardubice and Angers.x Hon Hai reported an August revenue rise […]
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Nvidia partner Hon Hai’s sales climb 52% as Europe lines up its own orders Read More »
Profits at onshore-listed Chinese companies rose 25.7% in the three months to June, the fastest in nearly five years and heavily concentrated in AI-linked firms. The CSI 300 has fallen about 9% this quarter and the tech-heavy Star 50 has dropped 29%, as investors began treating AI spending as a cost rather than a promise. […]
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Chinese profits rose 25.7%. The CSI 300 fell 9% and the Star 50 fell 29% Read More »
Nscale is in talks to raise up to $3.5B ahead of a US listing, including $1.5B of convertible notes led by Third Point and about $2B from Nvidia. It is briefing investors that its contracts total roughly $103B, most of the increase coming from a $45B Anthropic deal that Microsoft and Google both passed on. […]
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AI cloud firm Nscale seeking $3.5B in pre-IPO financing from Nvidia and Third Point Read More »
Luka Kids has unveiled an AI drawing projector at IFA that converts a child’s spoken prompt into an outline for them to trace and finish themselves. The EU’s new toy safety regulation requires manufacturers to assess mental health risks in digitally connected toys and says AI toys must comply with the AI Act. Luka Kids […]
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Luka’s new AI projector starts the drawing and leaves the rest to kids Read More »
Adobe named Anil Chakravarthy president and chief executive from 1 December, with Shantanu Narayen moving to executive chair. Chakravarthy came up through Digital Experience and worldwide field operations, arrived from enterprise data company Informatica, and championed the Workfront and Semrush acquisitions. The argument here is that the board has picked a leader from the side […]
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Adobe just handed Photoshop to someone who has never run it Read More »