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MiniMax eyes a Shanghai listing after a 400% run in Hong Kong

MiniMax went public in Hong Kong less than five months ago. Its shares have since roughly quadrupled. Now the Chinese AI startup wants to do it again, closer to home. In a filing to the Hong Kong stock exchange on Sunday, MiniMax said it is exploring a listing on Shanghai’s STAR Market, the mainland’s tech-focused […]

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Meta’s employee mouse-click tracking tool is collecting EU data it said it would not collect

Internal documents show the Model Capability Initiative captures emails and chats US employees exchange with European colleagues, putting the AI-agent training programme on a collision course with GDPR. Meta’s Model Capability Initiative, the surveillance programme it deployed across US employee workstations in April to capture keystrokes, mouse clicks and screen contents for AI-agent training, is […]

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ASML spinout Invisix raises €20M to see inside the chips optics can’t

Modern chips have a measurement problem that sounds almost philosophical: they have become too complex to look at. As logic and memory devices stack into three dimensions and shrink to a few nanometres, the optical tools that check each layer can no longer resolve the structures buried inside. Invisix, an Eindhoven startup spun out of […]

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China formalises tougher outbound-investment rules after the Meta-Manus blockade

Beijing’s new framework codifies the technology-tracing approach the NDRC used to unwind Meta’s $2bn Manus acquisition, making cross-border AI deals materially harder. China has formalised a tougher framework for outbound-investment review, codifying the legal-and-administrative posture the National Development and Reform Commission used to unwind Meta’s $2bn acquisition of AI-agent startup Manus in April. The updated rules, […]

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US moves to close the loophole letting Nvidia’s top chips reach Chinese firms abroad

New Commerce Department guidance ties export-licence rules to where a company is headquartered, not where it sits, snaring the overseas units of Chinese AI firms. For about a year, there was a way around America’s toughest chip controls, and it was a matter of geography. A Chinese AI company barred from buying Nvidia’s best processors […]

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SoftBank overtakes Toyota as Japan’s most valuable company on the AI rally

SoftBank’s market cap topped Toyota’s on Monday for the first time in 23 years, lifted by its ~$65bn OpenAI stake and a Nikkei breaking 67,000 for the first time. SoftBank Group overtook Toyota Motor on Monday to become Japan’s most valuable listed company, the first time the auto giant has been dethroned from the top […]

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This is the Microsoft Surface Laptop Ultra with Nvidia RTX Spark

Once upon a time, Microsoft had to write off $900 million betting an Arm-based Nvidia chip could power its first flagship Windows portable, the original Microsoft Surface. But today, it’s trying again. Microsoft and Nvidia have just announced the Surface Laptop Ultra, a computer with a new Arm-based Nvidia chip at its core. There’s a […]

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Dell’s $699 XPS 13 walks straight into MacBook Neo territory

Dell unveiled a new XPS 13 at Computex on Sunday with a starting price of $699 for general consumers and $599 for students aged 16 and over, the first time the company’s flagship thin-and-light laptop line has launched anywhere near MacBook Neo territory. The pricing structure is the news: it places Dell’s most-prestige consumer-laptop sub-brand […]

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Nvidia announces RTX Spark as ‘the most efficient PC chip ever built’

This fall, Nvidia will officially become a consumer PC chipmaker like Intel, AMD, Apple, and Qualcomm, putting a complete computing chip – not just graphics – into the very heart of laptops and mini-PCs. After many months of leaks, it’s finally announcing the RTX Spark, the first in a family of chips that will meet […]

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