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Mistral OCR 4 reads a document like a structured map, not a wall of text. It is cheap, speaks 170 languages, and can run entirely on your own servers. Europe’s AI champion is going after the enterprise back office. Mistral has a new model, and it is not a chatbot. The French company on 23 […]
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Mistral OCR 4 targets the enterprise back office Read More »
xLight, a US-backed startup chaired by former Intel chief Pat Gelsinger, is raising $350m to build an xLight EUV light source that could loosen ASML’s grip on chipmaking. Days earlier, a Dutch rival took aim at Nvidia. Deep-tech chips are hot again. The hardware behind AI is pulling in venture money again. xLight, a Californian […]
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xLight’s $350m bet to break ASML’s chip monopoly Read More »
China Telecom just ordered 40,000 servers worth $1.7bn. Huawei did not even bid, yet its ecosystem walked away with the bulk of the deal. That is not an accident. It is the template. A state-owned Chinese carrier has handed Huawei a major win without Huawei lifting a finger. China Telecom named the winners of a […]
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China Telecom’s $1.7bn server deal hands Huawei a big win Read More »
Qualcomm, the king of the smartphone modem, is in talks to design custom chips for ByteDance. The move would help it escape a shrinking phone market. It also shows US chipmakers will not give up on China. Qualcomm wants to be a chip designer for the AI age. Its first big customer could be Chinese. […]
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Qualcomm in talks to design custom chips for ByteDance Read More »
A supercomputer in Shenzhen just topped the world rankings for the first time since 2017. The headline is the speed. The real story is the silicon: it runs without a single chip from Nvidia, AMD or Intel. China has taken back the supercomputing crown. On Tuesday, organisers declared a machine called LineShine the world’s fastest […]
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China takes the supercomputer crown without US chips Read More »
OpenAI just showed off Jalapeño, its first home-grown AI chip, built with Broadcom. It is designed for inference, not training. And it is the clearest sign yet that the company most dependent on Nvidia wants a way out. OpenAI has a chip now. On Wednesday it unveiled Jalapeño, the first piece of silicon it has […]
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OpenAI built its own AI chip. The target is Nvidia. Read More »
Bending Spoons, the Italian software company that acquires and restructures digital businesses, is seeking to raise as much as $1.62 billion in its US initial public offering, Reuters reported on Monday. The company plans to market 58 million shares at $26 to $28 each, with an early-July debut on the Nasdaq under the ticker BSP. […]
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Bending Spoons prices IPO at up to $1.62 billion, targeting $19 billion Nasdaq valuation Read More »
Meta is paying $900mn for a fifth of Cred, an Indian fintech. The bigger prize is its founder, Kunal Shah, who will now run WhatsApp. Meta has found its next WhatsApp boss the way it now likes to find people: by writing a cheque. On Monday, the company said it would invest $900mn in Cred. […]
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Meta buys a fifth of Cred, and a new WhatsApp boss Read More »
Claude Guillemot, one of five brothers who co-founded Ubisoft in 1986, has died in a plane crash near the coastal town of La Baule in western France. He was 69. Guillemot and a flight instructor from Rennes were both killed when their twin-engine Cessna 421 crashed in a field near La Baule aerodrome on the […]
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Ubisoft co-founder Claude Guillemot dies at 69 in plane crash near La Baule Read More »
Companies that pushed hardest to adopt generative AI are now contending with a problem the technology was supposed to prevent: their work is getting worse. Two articles published by Harvard Business Review this month describe a feedback loop in which AI-generated low-quality output degrades the information companies rely on to make decisions, a phenomenon the […]
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Harvard Business Review warns AI ‘workslop’ is rotting companies from the inside Read More »