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Iluvatar CoreX seeks to raise $850m as China’s AI-chip rally lifts its shares

A year ago, Iluvatar CoreX was a Shanghai chipmaker that sold mostly to the Chinese state. This week it is trying to raise about $850m from investors who cannot seem to get enough of it, according to Bloomberg, riding a share price that has more than tripled since January. The rally is really the whole […]

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Apple puts a $30bn US-manufacturing flag on its Broadcom chip deal

Apple is spending big to make chips at home. It has committed to a multi-year Broadcom deal worth more than $30 billion, Apple announced on Wednesday. That makes it Apple’s largest US manufacturing pledge to date. The scale is the story. The deal should yield more than 15 billion US-made chips and support hundreds of […]

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China and the US are now warning against each other’s AI

The US-China AI split hardened this week. Beijing branded Anthropic’s Claude Code a security back-door, just as US lawmakers moved against American firms that lean on cheap Chinese models. China has told companies to drop Anthropic’s Claude Code. Its Ministry of Industry and Information Technology said its cybersecurity platform found the coding tool carries a […]

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Entire launches a distributed Git network built for AI coding agents

Entire, the developer-platform startup founded by former GitHub chief executive Thomas Dohmke, has launched a preview of a distributed Git network built for the age of AI coding agents. The pitch is to spread code hosting across regions rather than lean on a single central provider. The reasoning is a familiar strain in the agent […]

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First look: Fi Ultra Starlink pet tracker

Fi Ultra is the first Starlink-enabled pet tracker you can buy. It expands on GPS and LTE trackers, adding automatic failover to T-Mobile’s T-Satellite-branded direct-to-cell service when venturing into cellular dead zones. That lets owners tap into SpaceX’s constellation of low Earth orbit Starlink satellites to track their pets anywhere in the US. But it […]

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France orders Meta back to talks with news publishers over content payments

Meta has been told to go back and talk to France’s newspapers about money. On Wednesday, the country’s competition regulator ordered the company to reopen negotiations with news publishers over payment for their content, after an earlier round of talks fell apart. The order comes with a stopwatch attached. The Autorité de la concurrence gave […]

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