US seizes domains of Chinese botnet used to hack NASA, Justice Department, and the Senate
The FBI has seized domains associated with a botnet that allowed Chinese-backed hackers to breach several U.S. government departments.
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Huawei bid to build Egypt’s AI data centres, and Washington is scrambling
Huawei has bid to build AI data centres for the Egyptian government. The US State Department is now trying to assemble a rival consortium from Nvidia, AMD and Microsoft. The tender offer proposes exporting 1,408 of Huawei’s top-end Ascend 950-series chips for an AI training cloud. A further 600, either the same chips or the […]
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The stealth model that beat DeepSeek belongs to Zhipu
Z.AI made it. The Beijing company, also known as Zhipu, owns the free model that took the top of OpenRouter’s charts last weekend. It confirmed on Wednesday that Ox Alpha is a new iteration of its GLM series, and said it would release the weights the same night. Luz Ding got the confirmation for Bloomberg. […]
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EU officials were targeted on WhatsApp, an internal document shows
Foreign governments have tried to break into the messaging accounts of senior European Union officials. The bloc’s own cyber defence unit told national governments so in July. An internal presentation lists “account takeover targeting high-ranking officials” among the top threats facing the bloc this year. Sam Clark obtained the document for Politico. It is the […]
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Moonshot AI wants 30% of what US clouds earn from Kimi K3
Moonshot AI is in early discussions with Microsoft, Amazon, and Google about hosting Kimi K3 on their cloud platforms, seeking up to 30% of the revenue those services generate, according to Reuters. It would be the first arrangement of its kind between a Chinese AI company and the major American clouds, involving a model that Moonshot […]
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Unitree shares fall 45% from their debut peak, wiping out $30bn
Unitree’s shares have fallen roughly 45% from the peak they hit on their first day of trading in Shanghai. The slide has turned a national success story into an argument about how China prices its listings. The stock steadied on Tuesday after three consecutive days of decline, Reuters reported. The valuation of the Hangzhou humanoid […]
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Xiaomi unveils custom 3nm chip for intelligent driving
Xiaomi has unveiled the Xring D100, an in-house 3nm chip for intelligent driving that will replace Nvidia hardware in its cars from 2027. The company has invested more than 21bn yuan, about $3.1bn, since restarting its chip programme. Xiaomi is designing Nvidia out of its cars. The company has unveiled the Xring D100, an in-house […]
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China called off its ice-hunting Moon shot a day before launch
China called off its most ambitious Moon mission the day before it was due to fly. The announcement runs to a single sentence. Chang’e 7 does not meet the conditions for launch, the China Manned Space Agency said on Sunday. It cannot go ahead in this year’s scheduled window. It gave no reason. What the […]
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Alibaba shares fell 8.4%. Then Joe Tsai and Eddie Wu went shopping
Alibaba’s two most senior executives bought about $15.3m of their own company’s shares on Monday. The stock had just fallen further than at any point in more than a year. Chairman Joe Tsai and chief executive Eddie Wu spent a combined HK$120m, according to filings with the Hong Kong exchange. What each of them bought […]
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Europe’s EV share hit 25% in July as sales jumped 51%
Electric cars took a 25% share of European registrations in July, with sales up 51% year on year against 4.1% growth for the market as a whole. Chinese brands took 34% of plug-in hybrid sales, a segment EU countervailing duties do not currently cover. Electric cars have stopped being a minority interest in Europe. Registrations […]
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