The EU Commission charges Temu with failing to cooperate during a December 2025 raid on its Dublin HQ as part of a probe into the company's foreign subsidies — The European Commission said on Friday that it has charged Chinese online retailer Temu for not cooperating properly during a raid …
DeepSeek rolls out the official V4 Flash API in public beta, touting enhanced agent capabilities and benchmark scores “far surpassing” V4 Pro Preview — China's DeepSeek rolled out a public beta application programming interface, or API, for its flagship artificial intelligence model …
Tens of millions of South Korean retail investors, the market's biggest buyers in 2026, were caught in this week's selloff, as Samsung and SK Hynix tumble — Millions suffer ‘unprecedented’ losses after Samsung and SK Hynix stock tumbles — Song Mi-kyung pocketed a profit of about Won300mn …
London-based Agon, which is developing sovereign AI training infrastructure for European defense, emerges from stealth with a $7M pre-seed and a $23M seed — Startup founded by the co-founder of Cambridge Aerospace and alums from Anduril, Applied Intuition and Helsing aims at a critical gap in the market.
Sources: Nvidia signs leases worth up to $50B for Hut 8's planned 1GW data center in Texas, hosting hundreds of thousands of chips; Hut 8 didn't name its client — CEO Jensen Huang deploys balance sheet to backstop growth of AI computing market
A look at the secretive process Meta used to get an advantageous deal for its Hyperion data center in Louisiana, including tax breaks and lack of public input — A Times examination details how the Silicon Valley giant used private talks with local officials to start a project big enough to cover nearly six square miles.
Spain-based Multiverse Computing, which shrinks LLMs to reduce energy and compute costs, raised a $570M Series C at a $1.7B valuation — The Spanish startup says its quantum-inspired compression technology can shrink LLMs by up to 95% — Multiverse Computing, whose technology …
Once hailed as an AI visionary, Satya Nadella faces pressure as a compute crunch forces Microsoft to prioritize its own AI products over Azure cloud customers — Microsoft went all in on AI. Is its North Star now a noose? — Three years ago, Satya Nadella catapulted Microsoft to the front …
Shein's IPO prospectus shows Q1 revenue of $9.05B, up 1% YoY, as it swings from $395M profit in Q1 2025 to $99M loss partly due to US' “de minimis” rule removal — Shein swung to a $99 million net loss in the first quarter of this year, the draft Hong Kong listing prospectus …
Sources: Apple may have delayed AI glasses launch partly over privacy concerns that Meta's glasses created for the category, as it works to address the issues — Company debated whether glasses will be able to record video. — Apple's upcoming smart glasses have a major challenge in front of them …
Crypto exchanges like tradeXYZ are giving global investors exposure to Chinese AI-linked stocks like CXMT, bypassing Beijing's control on foreign capital access — Perpetual futures let investors circumvent restrictions on foreign access to China's equity market
SK Group Chair Chey Tae Won says Anthropic has asked SK Hynix for supplies to make its own chips, calling it remarkable that an AI developer has chip ambitions — AI developer Anthropic PBC has asked SK Hynix Inc., one of the world's biggest manufacturers of memory chips …
As student protests spread across India, Narendra Modi turns to Reels, swapping his trademark cinematic videos for self-recorded messages aimed at Gen Z — As student protests spread across India, Prime Minister Narendra Modi has turned to Meta Platforms Inc.'s Instagram Reels …
A profile of Hangzhou-based Unitree, which shipped 5,500 humanoid robots in 2025, accounting for 25%+ of the global market, as it prepares for a Shanghai IPO — Spectators typically leave a UFC fight with ringing ears and a sheepish resolve to get back to the gym. Wang Xingxing went straight to his laboratory.
Preliminary findings: the EU Commission says TikTok's accounts for minors violate the DSA, citing features that could expose children to bullying and predators — ByteDance's social media platform TikTok has been charged with breaching EU online content rules due to design features …
The US OCC denies Wise's application to create a national trust bank, citing incompatibility with new Federal Reserve policies; Wise says it plans to reapply — London-listed shares of Wise (WISEa.L), fell 10% on Friday after the money transfer group said its application to create …
ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company at $700M and taking a roughly 5% stake — ServiceNow, the U.S. enterprise software company known for automating workflows like IT service management and HR operations …
UK publisher Bloomsbury says it is among the beneficiaries of the $1.5B Anthropic settlement; 14,087 of its titles are covered, with ~$3K in compensation each — Britain's Bloomsbury Publishing (BLPU.L) confirmed on Wednesday it was among the beneficiaries of a landmark $1.5 billion settlement …
Anthropic commits another $20M to Public First Action, after giving $20M earlier in 2026; PFA says it is a counterweight to a16z-backed Leading the Future — WASHINGTON—The artificial-intelligence startup Anthropic is doubling its spending on the midterm elections to $40 million …
Memo: the Army CIO reinstates limits on Army members' AI token usage; docs show the DOD's Ask Sage tool can access 100M tokens via an annual “enterprise pack” — Members of the Army received an email informing them that they were rapidly depleting their AI tokens, and needed to limit use.
Sources: China is weighing tightening AI and chip tech export controls and is consulting leading domestic AI companies, in a bid to slow advanced tech exports — Chinese regulators are considering tightening export controls on artificial intelligence and semiconductor technologies …
An interview with Expedia CEO Ariane Gorin, who calls AI “a growth opportunity”, as she prepares the online travel company to face potential disruption from AI — Ariane Gorin faces battle with tech start-ups as she repositions world's second-largest travel booking company
Sources: Chinese startup Moonshot AI is seeking formal approval from investors to start a Hong Kong IPO process, which could happen in as soon as six months — Chinese startup Moonshot AI, whose powerful new open-source model is upending Silicon Valley, is seeking formal approval from investors …
Kalshi and Polymarket bets on the FIFA World Cup final top $5.69B; Dune Analytics says total wagers on the platforms surpassed $50B for the first time in June — When Argentina and Spain take the field on Sunday for the World Cup final, more than $5.69 billion will be riding on the winner …
Thoughts on why Jony Ive, a close friend of Laurene Powell Jobs, isn't named in Apple's OpenAI suit; sources: Apple tests AI to record Genius Bar customer chats — Also: The company tries out AI recording for Genius Bar appointments. — This week, we'll look at why Apple's massive lawsuit …
Alibaba launches preview of 2.4T parameter Qwen3.8 Max, says it's comparable to frontier AI models and second only to Fable 5, will make it “open-weight soon” — Alibaba Group Holding Ltd. launched a preview version of its flagship Qwen3.8 Max model, which it described as comparable …
Financial Times : Sources: JPMorgan Chase terminated its banking relationship with Polymarket in 2025 over regulatory concerns, though it...
