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Tesla’s cash burn will test investor faith in its AI bets

Tesla reports its second-quarter results on Wednesday, and the question hanging over the call is less whether it can still sell cars than how long it can keep spending faster than it earns. The company has just posted its best delivery quarter on record, yet Wall Street expects it to burn through roughly $3.25bn in free cash flow, a […]

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IQE bets on AI data-centre demand to drive 20% sales growth in 2026

IQE, the Cardiff-based maker of compound semiconductor wafers, expects revenue to grow by more than 20% in 2026, betting that surging AI data-centre demand for its light-carrying materials will pull it clear of a bruising year. The upgrade landed on 21 July alongside full-year results that showed just how far the company has to climb. Revenue for […]

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SpaceX in your index fund, explained

Index funds are touted as one of the safest ways to invest. Rather than picking and choosing individual stocks, index funds let you bet on the market as a whole. So what happens when a company like SpaceX – a giant gamble, and, in my opinion, terribly overpriced – is fast-tracked into the Nasdaq-100? Does […]

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Paramount and Warner Bros. merger blocked by temporary restraining order one day before close

California District Judge Araceli Martínez-Olguín granted a temporary restraining order on the $110 billion Paramount-Warner Bros. Discovery merger on Monday, pausing the deal for 14 days. The order came after a coalition of 12 state attorneys general led by California’s Rob Bonta sued to block the acquisition last week, arguing it would violate the Clayton […]

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Judge pauses Paramount’s attempt to buy Warner Bros Discovery

A judge partially granted the request from a dozen state attorneys general to temporarily place the $110 billion merger of Paramount and Warner Bros Discovery on hold, as reported by Variety and Reuters. US District Judge Araceli Martínez-Olguín said that based on the new company’s market share, “the Court is persuaded that it can presume […]

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A Chinese AI lab just built a giant data centre with no Nvidia inside

For a year, one question has hung over China’s fast-improving AI models: what are they actually running on? Z.AI has just given part of the answer. It has built a huge data centre that uses only Chinese-made chips. The company, formerly known as Zhipu, has started partially operating the site, Bloomberg reported, citing a person […]

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Google’s AI cited Facebook 19.5 million times, new research finds

When Google’s AI answers a question, it is increasingly not reading a website. It is reading a Facebook post. New data suggests social platforms have become a core source for Google’s AI answers. Often the user never visits the platform at all. The findings come from BrightEdge, an enterprise SEO firm. Its tool tracks roughly […]

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The firm that wires AI data centres is chasing Hong Kong’s biggest IPO since Alibaba.

One of the quiet winners of the AI boom is about to test the public markets. Zhongji Innolight, a Chinese maker of high-speed optical transceivers, has started gauging demand for a Hong Kong listing worth as much as $8bn. The Shenzhen-listed company won approval for the deal on Friday, Bloomberg reported. It began meeting analysts […]

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Alibaba says Qwen3.8 is the world’s No.2 AI model. It has shown no proof.

Days after a rival Chinese lab shook Silicon Valley, Alibaba has fired back. The company previewed Qwen3.8, its most powerful model yet, and made a bold claim: it trails only one model on Earth. Alibaba unveiled the model at the World Artificial Intelligence Conference in Shanghai. Its Qwen team said on X that Qwen3.8 is […]

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