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Altman, Amodei, and Hassabis are heading to the G7. The rivals have a lot to discuss.

The chief executives of the three most powerful artificial intelligence companies on Earth are about to sit in the same room as the leaders of the world’s seven largest advanced economies. OpenAI’s Sam Altman, Anthropic’s Dario Amodei, and Google DeepMind’s Demis Hassabis are all slated to attend the G7 summit in Évian-les-Bains, France, which runs […]

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Altman, Amodei, and Hassabis are heading to the G7. The rivals have a lot to discuss. Read More »

Alibaba is offering $1.5 billion for China’s last big independent grocer. The bidding war with Meituan is on.

Alibaba Group is offering $1.5 billion to acquire Pupu, one of China’s last independent online grocery platforms, according to Bloomberg. The bid is more than double a $600 million proposal from Sun Art Retail, the former Alibaba affiliate now backed by private equity firm DCP Capital. The move comes months after Meituan agreed to pay $717 million for […]

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Alibaba is offering $1.5 billion for China’s last big independent grocer. The bidding war with Meituan is on. Read More »

Infineon is opening a €5 billion chip factory in Dresden. It is the EU Chips Act’s first major success.

Infineon Technologies is preparing to open its largest single investment, a €5 billion semiconductor factory on its Dresden campus, on 2 July. The Smart Power Fab, which received approximately €1 billion in EU Chips Act subsidies, will produce power semiconductors used in AI data centres, electric vehicles, and renewable energy systems. The opening arrives three […]

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Infineon is opening a €5 billion chip factory in Dresden. It is the EU Chips Act’s first major success. Read More »

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