Ramp data: Fable 5, launched in June, has plateaued at ~11% of spending on Anthropic tools, as companies shift to cheaper models; Opus 5 surpassed Fable 5 — AI lab's Fable 5 has met with sluggish demand from corporate clients — Anthropic's US customers are using cheaper alternatives …
Alibaba plans to raise ~$10B in a follow-on share offering to fund AI investments; sources: it plans to offer 710M shares at a 3.6% discount to Friday's close — China's Alibaba (9988.HK) on Sunday launched a HK$80-billion ($10.2 billion) share placement to fund artificial intelligence-related development.
Sources: foldable iPhone feels durable, fits well in a pocket, has useful iPad-like app layouts, excels as a camera viewfinder but lacks telephoto and Face ID — Also: Get ready for iPhone price hikes. — Apple is about to bring some of its product magic back with its first foldable iPhone.
The careers of Z.ai's Tang Jie and Moonshot AI's Yang Zhilin, once teacher and pupil at Tsinghua University, show that China's AI leap is no sudden development — University lab nurtured the computer scientists who are using ingenuity and imitation to chase down Anthropic and OpenAI; ‘they know perfectly how to monetize their work’
A look at the narrowing US-China AI gap, as a spate of compelling, low-cost releases makes Chinese AI models increasingly attractive to businesses — A spate of compelling releases at budget prices have made China the frontrunner in the race for global adoption.
Ox Alpha, a “stealth model” from an unknown AI lab with a 1M-token multimodal context and capacity for 100T tokens/day, goes viral after launching on OpenRouter — When an unknown AI lab drops an anonymous model - Ox Alpha - for free, while declaring that they have the capacity …
Cheap energy, abundant land, and proximity to Beijing have made Ulanqab, Inner Mongolia, a data center hub, with ~100 data centers built or under construction — Cheap energy, abundant land, and proximity to Beijing have turned a city in Inner Mongolia into a crucial hub for data centers.
Inside the World Robot Conference in Beijing, drawing over 300 exhibitors; Unitree founder Wang Xingxing said the industry's “ChatGPT moment” has yet to come — Beijing policymakers have made robotics a ‘strategic priority’ — At the World Robot Conference in Beijing this week …
Sources: Nvidia is in early talks with South Korean AI chip maker Rebellions for a potential deal, including a partnership, an investment, or an acquisition — Nvidia Corp. is in early discussions with the Korean AI chip designer Rebellions about possible collaborations …
China grants Geely a two-year permit for the country's first private satellite IoT trial, letting Geely offer connectivity to sectors like transport and energy — Geespace secures a two-year satellite IoT trial from MIIT, the first approval for a private Chinese firm
Uber, Verne, and Pony.ai launch autonomous rides in Zagreb, making the Croatian capital the first European city where users can book such rides via Uber's app — Uber (UBER.N), Verne and Pony.ai (PONY.O) said on Wednesday they had launched autonomous rides in Zagreb, making the Croatian capital …
Sources: Samsung raises prices for advanced 4nm and 5nm chipmaking services by up to 15% for new orders in July, driven by AI demand and TSMC's tight capacity — Samsung Electronics (005930.KS) has raised prices for some advanced contract chipmaking services by up to 15% for new orders …
Filing: SK Hynix plans a ~$29B share buyback, repurchasing and canceling up to 24M treasury shares, in a bid to calm worries about the durability of AI spending — SK Hynix Inc. unveiled plans to buy back 40 trillion won ($29 billion) of stock and return more of its profits to shareholders …
Apple's macOS Tahoe 26.7 RC has references to unreleased products: a Home Hub, home accessories, new Beats, AirPods Pro 4, Apple Intelligence in China, and more — The macOS Tahoe 26.7 release candidate that Apple seeded today has references to several unreleased products, from home devices to iPhones, iPads, AirPods, and Macs.
Russian law enforcement docs: Binance provided Russia with transaction records and passport copies of IT specialist Yuri Belenkiy, leading to terrorism charges — Binance last year handed Russian authorities details of cryptocurrency donations to Ukrainian fundraising campaigns that were used …
George Hammond / Financial Times : Ramp data: Fable 5, launched in June, has plateaued at ~11% of spending on Anthropic tools, as compani...
