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Internal memo: Meta plans to begin production of its in-house AI chip, codenamed Iris, in September, and aims to boost its computing power to 14GW in 2027 (Reuters)

Internal memo: Meta plans to begin production of i...

1 month ago 15 Add to circle

India scraps import duties on some parts used to make phones and other devices until March 2029, removing 7.5% and 5% levies, in a move that might help Apple (Nikunj Ohri/Reuters)

India scraps import duties on some parts used to m...

1 month ago 11 Add to circle

Apple supplier Luxshare fell in its Hong Kong trading debut, closing down 1.6%, after raising ~$3.1B in the city's biggest listing in 2026 so far (Bloomberg)

Apple supplier Luxshare fell in its Hong Kong trad...

1 month ago 21 Add to circle

Enterprise AI agent startup Lyzr is raising a $100M Series B at a ~$500M valuation, up from $250M in a Series A in 2026, and says agents wrote investment memos (Saritha Rai/Bloomberg)

Enterprise AI agent startup Lyzr is raising a $100...

1 month ago 12 Add to circle

Internal US DOJ memo: attorneys working on digital currency cases should expect less cooperation from Binance, which is adding requirements for asset freezes (Leo Schwartz/The Information)

Internal US DOJ memo: attorneys working on digital...

1 month ago 12 Add to circle

US cybersecurity and data resilience company Rubrik plans to invest $500M+ in the UK over the next five years and establish its European headquarters in London (Paul Sandle/Reuters)

US cybersecurity and data resilience company Rubri...

1 month ago 11 Add to circle

Interpol and law enforcement agencies arrest 5,811 suspects and seize $293M in an operation combating social engineering scams and fraud across 97 countries (Sergiu Gatlan/BleepingComputer)

Interpol and law enforcement agencies arrest 5,811...

1 month ago 11 Add to circle

Leaked renders via Android Headlines show the Samsung Galaxy Z Flip 8, Z Fold 8, Watch 9, and Watch Ultra 2; the Galaxy Z Fold 8 is likely a new wide foldable (Lawrence Bonk/Engadget)

Leaked renders via Android Headlines show the Sams...

1 month ago 12 Add to circle

Sources: Sonos' layoffs include some top design and product executives, like VP of Design Dana Krieger; CEO Tom Conrad says the move reduces management layers (Chris Welch/Bloomberg)

Sources: Sonos' layoffs include some top design an...

1 month ago 13 Add to circle

The AI data center boom has led to surging demand for power transformers, with average lead times for orders, once measured in months, now stretching into years (Financial Times)

The AI data center boom has led to surging demand ...

1 month ago 15 Add to circle

A Brown University professor suspected his class used AI to cheat after a take-home midterm averaged 96%, prompting an in-person final, which averaged 48.6% (Emma Whitford/Inside Higher Ed)

A Brown University professor suspected his class u...

1 month ago 21 Add to circle

Companies are mobilizing internal groups of "AI champions" to drive adoption; BCG says 74% of front-line employees now use AI regularly, up from 51% in 2025 (Isabelle Bousquette/Wall Street Journal)

Companies are mobilizing internal groups of "AI ch...

1 month ago 14 Add to circle

Shanghai-based GPU maker Iluvatar CoreX raised ~$902M in a Hong Kong share sale; the company's stock has soared 257% since its January IPO, which raised $473M (Bloomberg)

Shanghai-based GPU maker Iluvatar CoreX raised ~$9...

1 month ago 24 Add to circle

Filings: Grubhub parent Wonder is raising hundreds of millions at a $9B valuation; source: founder Marc Lore indicated he'll contribute $200M to the round (The Information)

Filings: Grubhub parent Wonder is raising hundreds...

1 month ago 19 Add to circle

Cognition releases SWE-1.7, trained from Kimi K2.7 and available at 1,000 tokens/second, claiming it nears GPT-5.5 and Opus 4.8 on benchmarks at a lower cost (Cognition)

Cognition releases SWE-1.7, trained from Kimi K2.7...

1 month ago 16 Add to circle

Block agrees to pay $45M and offer live customer support for Cash App to settle claims by 46 US states that the company failed to protect users from fraud (Daniel Wiessner/Reuters)

Block agrees to pay $45M and offer live customer s...

1 month ago 11 Add to circle

Sources: Reno-based AI chip startup Positron is in talks to raise ~$750M in two phases, at valuations of $3.5B in the first tranche and ~$5B in the second (Bloomberg)

Sources: Reno-based AI chip startup Positron is in...

1 month ago 14 Add to circle

The FTC settles with John Deere over a 2025 right-to-repair lawsuit, requiring the company to provide farmers and shops with equipment and software for 10 years (Boone Ashworth/Wired)

The FTC settles with John Deere over a 2025 right-...

1 month ago 9 Add to circle