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BYD says demand is double its capacity, but its sales data tells a different story

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BYD’s executive vice president Stella Li told CNBC on Monday that China’s EV market will push to close to 80% penetration, a bullish forecast that contrasts sharply with rival Nio, whose chief executive William Li said last month that the industry’s “golden era” was over. The prediction arrives on the same day the Pentagon added […]

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Perplexity is sticking with a 2028 IPO while OpenAI and Anthropic race to list this year

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Perplexity AI plans to go public in 2028, and CEO Aravind Srinivas told CNBC that timeline has not changed because OpenAI and Anthropic are now filing for IPOs. “Agnostic of these two companies, we were planning for something in 2028, so that still remains the case,” Srinivas said. The statement positions Perplexity as the deliberate […]

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Perplexity is sticking with a 2028 IPO while OpenAI and Anthropic race to list this year Read More »

Jensen Huang won’t testify before the Senate on Nvidia’s China chip sales. He offered a tour of headquarters instead.

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Nvidia CEO Jensen Huang has declined an invitation from Senator Elizabeth Warren to testify before the Senate Banking Committee on Thursday about the chipmaker’s sales to China and US export controls. Warren had asked Huang to appear under oath to discuss how Nvidia’s AI chips reach Chinese buyers and whether they end up in military applications. Huang […]

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Jensen Huang won’t testify before the Senate on Nvidia’s China chip sales. He offered a tour of headquarters instead. Read More »

OpenAI filed confidentially for an IPO. Anthropic filed last week. SpaceX lists on Thursday. The AI public market is about to get very crowded.

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OpenAI submitted confidential IPO paperwork to the SEC on Monday, the company confirmed. Goldman Sachs and Morgan Stanley are advising on a potential listing that could come as soon as the autumn, according to people familiar with the matter. The filing makes OpenAI the third major AI-adjacent company to move towards public markets in a single […]

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OpenAI filed confidentially for an IPO. Anthropic filed last week. SpaceX lists on Thursday. The AI public market is about to get very crowded. Read More »

Lucid’s Gravity SUV gets hands-free highway driving in its latest over-the-air update

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Lucid has begun rolling out UX 3.6, an over-the-air software update that adds hands-free highway driving to the Gravity SUV. The update is available now in the United States and Canada, but only for vehicles equipped with DreamDrive Pro 2, an optional hardware package that is not standard on all Gravity trims. Hands-Free Drive Assist takes […]

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A Florida startup is building a thorium fuel supply chain from scratch, starting with an Australian mine

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Ampera, a Florida-based nuclear energy startup, announced on Monday that it has established an Australian subsidiary to secure thorium supply for its advanced reactor programme. The company formed Ampera Australia Pty Ltd in February 2026 to procure and import thorium to the United States. The move is part of a strategy to vertically integrate the […]

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Apple previews its biggest parental controls update in years, weeks before UK and US regulatory deadlines

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Apple previewed a suite of new parental controls at WWDC 2026 on Monday, introducing tools that give parents more granular authority over what their children can see, who they can contact, and how long they can spend in apps. The updates, arriving this autumn with iOS 27, iPadOS 27, and macOS 27, land on the […]

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Apple previews its biggest parental controls update in years, weeks before UK and US regulatory deadlines Read More »

Cipher Digital raises $810 million in junk bonds to build another Amazon data centre in Texas

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Cipher Digital is raising $810 million from a junk-bond sale to finance a data centre in West Texas that Amazon will lease for 15 years, according to Bloomberg. The deal, pitched at a yield of about 6.25 per cent, will fund the remaining construction costs of Cipher’s Stingray Facility, a 100-megawatt computing campus in Andrews […]

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Cipher Digital raises $810 million in junk bonds to build another Amazon data centre in Texas Read More »

Pentagon adds Alibaba, Baidu, BYD, and Unitree to its Chinese military companies list

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The Pentagon has added Alibaba, Baidu, BYD, and robotics company Unitree to a list of entities it says support the Chinese military, the Department of Defense announced on Monday. The updated 1260H list now names 188 companies that the Pentagon identifies as operating in the United States and contributing to China’s military-civil fusion strategy. The […]

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Pentagon adds Alibaba, Baidu, BYD, and Unitree to its Chinese military companies list Read More »

For the second time, Apple Intelligence is delayed in Europe, and this time there is no timeline

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Apple announced on Monday that Siri AI, the rebuilt assistant it unveiled hours earlier at WWDC 2026, will not be available on iPhone or iPad in the European Union when iOS 27 and iPadOS 27 ship later this year. The company said EU regulators rejected every proposal Apple put forward over several months to bring […]

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For the second time, Apple Intelligence is delayed in Europe, and this time there is no timeline Read More »

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