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Tencent starts testing the new Xiaowei AI assistant powered by WeLM and DeepSeek models in its WeChat app in China, in an effort to catch up in the AI race (Luz Ding/Bloomberg)

Tencent starts testing the new Xiaowei AI assistan...

1 month ago 14 Add to circle

Source: Morgan Stanley is pitching data center developers to use leveraged loans rather than bonds, and estimates ~$15B will be issued this year in such loans (The Information)

Source: Morgan Stanley is pitching data center dev...

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WiseTech shares fell 11% after Australian police probed co-founder Richard White over sex exploitation claims; WiseTech shares are down ~67% in the past year (Sydney Morning Herald)

WiseTech shares fell 11% after Australian police p...

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Sources: ByteDance shares are trading at a $600B+ valuation in gray markets; an IPO is unlikely and its growth continues to benefit its Chinese and US backers (Henny Sender/Nikkei Asia)

Sources: ByteDance shares are trading at a $600B+ ...

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China adds ten US companies, including MP Materials and Teal Drones, to export controls and bars government purchases from 46 US companies, including Anduril (Wataru Suzuki/Nikkei Asia)

China adds ten US companies, including MP Material...

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Shenzhen-listed Apple supplier Lingyi iTech seeks to raise $1.1B in a June 26 Hong Kong debut, as the electronic parts maker expands into AI hardware and robots (Iris Deng/South China Morning Post)

Shenzhen-listed Apple supplier Lingyi iTech seeks ...

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Samsung rolls out ChatGPT Enterprise and Codex to all staff in Korea and DX division staff globally; OpenAI says it's one of its largest enterprise deployments (Kim Su-jeong/CHOSUNBIZ)

Samsung rolls out ChatGPT Enterprise and Codex to ...

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Japan's top five chip equipment makers posted their first-ever fall in combined China sales, down 10% in the year ended March 31, as China boosts local players (Nikkei Asia)

Japan's top five chip equipment makers posted thei...

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Sources: Shanghai-based Coowa, which develops embodied AI robots, plans to file a Hong Kong IPO; Coowa was valued at $3B after raising $600M in its latest round (Jiahui Huang/Wall Street Journal)

Sources: Shanghai-based Coowa, which develops embo...

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San Diego-based Aether AI, which is building "causal world models" to teach robots cause and effect instead of pattern-matching, raised a $20M seed led by MPCi (Cristian Dina/The Next Web)

San Diego-based Aether AI, which is building "caus...

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Toto, Japan's largest toilet maker, plans to invest $495M by 2030 to expand its semiconductor materials unit, targeting R&D for next-gen 1nm chip production (Nikkei Asia)

Toto, Japan's largest toilet maker, plans to inves...

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As Europe falls behind the US and China in consumer AI, its engineering companies and AI startups are turning to industrial AI applications to boost efficiency (Marilen Martin/Bloomberg)

As Europe falls behind the US and China in consume...

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SF-based Humble Robotics, which is developing an electric, self-driving cabless freight truck with 200 miles range and 55 mph max speed, raised $24M (Caroline Petrow-Cohen/Los Angeles Times)

SF-based Humble Robotics, which is developing an e...

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Sources: Virgin Media O2 and VodafoneThree have deployed tech to disable phones stolen from their stores, after phone makers resisted broader antitheft measures (Kieran Smith/Financial Times)

Sources: Virgin Media O2 and VodafoneThree have de...

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Sources: Anduril has begun exploring the possibility of establishing operations in Israel and is in talks to recruit a local manager (Sophie Shulman/CTech)

Sources: Anduril has begun exploring the possibili...

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Sources: John Ternus gets ready to put his firm imprint on Apple's industrial design team, which has lost a true seat at Apple's exec table over the past decade (Mark Gurman/Bloomberg)

Sources: John Ternus gets ready to put his firm im...

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SoftBank says it is struggling to find startups in Latin America ready for major investments and has completed only two new deals over the past two years (Bloomberg)

SoftBank says it is struggling to find startups in...

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Investigation: Polymarket is paying creators to make deceptive videos about winning bets, targeting users in the US, where its primary crypto platform is banned (Wall Street Journal)

Investigation: Polymarket is paying creators to ma...

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