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ASML plans to build EUV machines 30% faster as AI demand outstrips its production capacity

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 talks with the startup shrinking a 27B AI model onto an iPhone

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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UK proposes a midnight social media curfew for older teens

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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