Top500: China's Arm-based LineShine surpasses the US' El Capitan by 20% to be the world's fastest supercomputer, the first time China takes the crown since 2017 — A supercomputer in Shenzhen was declared the world's fastest. It uses only standard microprocessors and not the special-purpose chips called graphics processing units.
South Korea's tech-heavy Kospi index falls 10%, dragged down by SK Hynix and Samsung; STMicro and ASML fall ~7%, and US tech stocks fall in pre-market trading — Global stocks sold off on Tuesday, led by deep losses for tech stocks following a losing session for the sector on Wall Street.
Bain says it is using AI coding tools to recreate pieces of target companies' software, making hundreds of rough prototypes in recent years as due diligence — Private equity groups swiftly recreate software products to gauge their competitive advantages — Private equity investors …
Sources: Virgin Media O2 and VodafoneThree have deployed tech to disable phones stolen from their stores, after phone makers resisted broader antitheft measures — Virgin Media O2 and VodafoneThree's move comes after Apple and Samsung resisted calls to adopt broader measures
Sources: Anduril has begun exploring the possibility of establishing operations in Israel and is in talks to recruit a local manager — Palmer Luckey's $61 billion startup considers local operations, partnerships, and investments in Israeli startups. — Anduril, the world's largest …
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 — Also: The 2027 iPhone and AirPods plans. — The No. 1 priority for new Apple CEO John Ternus should be revamping …
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 — SoftBank Group Corp. is struggling to find startups in Latin America ready for major investments, underscoring how sharply the tech boom …
Granta says it will stop publishing short story contest winners or join publishing partnerships it doesn't control after AI use allegations against a winner — Literary magazine will no longer engage in ‘external publishing partnerships’ after Commonwealth prize furore
Claude Guillemot, co-founder of Ubisoft and chairman of gaming hardware company Guillemot Corporation, died at 69 after a plane crash in France — Claude Guillemot, who co-founded French video-game publisher Ubisoft Entertainment SA with his brothers in 1986, has died, according to the company.
An interview with Smartbird CEO Nadia Carlsten about the shoe company Allbirds becoming an AI infrastructure company, plans to deploy compute clusters, and more — When Allbirds pivoted to AI in April, it felt like a joke from “Silicon Valley” breaking free of the TV: The direct …
A look at Russia's push to develop homegrown AI talent, as the country is hampered by scarce access to AI hardware and a brain drain of top technical talent — Nikita Ostrovsky … In early April, on a stage in the southwestern outskirts of Moscow, a moderator at Russia's annual Data …
Siemens expects Xcelerator revenue to more than double in 2026, aiming to make the platform an industrial app store integrating software and hardware offerings — Siemens AG expects revenue from its online store to more than double this year, though the maker of industrial software and trains …
Sources: Chinese autonomous driving company Momenta has reached a ~$9B valuation as it gears up to raise ~$1B in an upcoming Hong Kong IPO — The company has also been backed by Toyota and SAIC Motor — Chinese autonomous-driving company Momenta's valuation has reached around $9 billion …
Dream, co-founded by ex-NSO Group CEO Shalev Hulio with a focus on protecting critical infrastructure, raised $260M at a $3B valuation, up from $1B in 2025 — Dream, an Israeli artificial intelligence company that provides AI and cybersecurity services to governments and critical infrastructure operators …
Nauk Nauk, which runs an AI video app that turns photos of toys into short animated videos, raised $20M and is coming out of beta; it claims to have 1M+ users — Nauk Nauk has raised $20 million to expand its AI video app that turns photos of toys into short animated videos, co-founder Daniel Liu tells Axios.
Don Clark / New York Times : Top500: China's Arm-based LineShine surpasses the US' El Capitan by 20% to be the world's fastes...
