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ASML is working to cut the time it takes to build and test its extreme ultraviolet lithography machines by roughly a third, CFO Roger Dassen told reporters on Wednesday. The cycle time, the period between starting production in ASML’s clean rooms and shipping, was about 22 weeks a few quarters ago. “We’re now looking at […]
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Apple is in early talks with PrismML, a startup that shrinks large AI models to run directly on a phone. The company’s on-device AI pitch could help Apple keep more of Siri’s work off the cloud. PrismML chief executive Babak Hassibi told CNBC that Apple and other companies were evaluating its technology. He called the […]
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Apple is in talks with the startup shrinking a 27B AI model onto an iPhone Read More »
The UK government has proposed a midnight social media curfew for 16 and 17-year-olds, plus limits on infinite scrolling. The UK social media curfew would switch on by default, though teens could turn it off. The government set out the measures on Wednesday, as CNBC first reported. It said the plan aims to protect older […]
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UK proposes a midnight social media curfew for older teens Read More »
London fintech Velocity has raised a $38 million Series A to help businesses move money with stablecoins. The Velocity Series A, led by Dragonfly and FirstMark, brings the two-year-old company’s total funding to nearly $50 million. Velocity builds treasury and settlement infrastructure for companies that want to use stablecoins, the dollar-pegged tokens now spreading across […]
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Velocity raises $38M to move business money with stablecoins Read More »
A group of major book publishers and the author Scott Turow have sued Google, claiming it used millions of copyrighted books to train its Gemini AI without permission. The Google Gemini lawsuit calls it “one of the most prolific infringements of copyrighted materials in history.” The plaintiffs filed the complaint on 10 July in the […]
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Publishers sue Google over Gemini AI training Read More »
Australia has set up a national Office of AI. Prime Minister Anthony Albanese also promised new copyright protection for creatives, in a speech in Sydney. Albanese announced the plan on Wednesday at the University of Sydney, the Guardian reported. His government billed it as a major speech on AI. It covered copyright, data-centre rules, and […]
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Australia sets up a national Office of AI Read More »
While the West argues over how to regulate AI, Abu Dhabi has quietly built an AI-native government. In the UAE capital, a single app already renews your ID, books your doctor, and pays your parking fine, sometimes before you ask. Most governments are still drafting their first AI strategy. Abu Dhabi is running on one. […]
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Abu Dhabi already runs its government on AI Read More »
Memory chips have roughly doubled in price this year, a squeeze that has emptied Apple’s shelves and rewritten data centre budgets. CoreWeave is now working out what to do if they get cheaper. The AI cloud company is exploring financial derivatives as a hedge against a future drop in memory and storage chip prices, Reuters reported on […]
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CoreWeave looks to Wall Street to hedge memory chips, an asset with no market Read More »
Delaware wants to give AI agents something no one has offered them before: a legal identity of their own. The proposed Delaware AIC would let an autonomous system run a company, sign contracts, and face lawsuits in its own name, all inside a supervised sandbox. For a century, Delaware has been the place where American […]
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Delaware wants to give AI agents their own legal identity Read More »
The Explosive Diarrhea Outbreak Is About to Get Much Bigger Read More »