US officials have struck binding deals for 85% of the CHIPS Act funding; sources: Gina Raimondo said her successor, Howard Lutnick, is committed to the program — - Officials have struck binding contracts for 85% of grant money — Trump Commerce pick told Raimondo he's committed to program
CoinGecko: $TRUMP rose more than 600% overnight and was trading just over $32 as of 11AM ET, giving it a fully diluted market capitalization of $32B+ — - It also speaks to the nature of the crypto industry that someone could have $25 billion worth of something that literally did not exist 24 hours previously.
Character.AI is testing games on its desktop and mobile web apps to boost engagement, available to paid subscribers and a limited set of users on its free plan — Character AI, a startup that lets users chat with different AI-powered characters, is now testing games on its desktop …
At least four UK teenagers have been arrested in connection with 764, a “Satanist” terror network targeting children online for sexual blackmail and violence — A teenager involved in what police have described as a Satanist terror network targeting children online for sexual blackmail …
An in-depth look at the UK's AI Safety Institute, whose researchers test AI systems for risks and for capabilities that might become dangerous in the future — In May 2023, three of the most important CEOs in artificial intelligence walked through the iconic black front door of No. 10 Downing Street …
Sources: Instagram and YouTube gear up to welcome TikTok users; two Meta employees say execs discussed resource allocation on January 15 to handle TikTok users — Meta's Instagram and Google's YouTube are getting ready behind the scenes to welcome TikTok users, should the Chinese-owned app be banned from the United States.
TSMC says it will raise 2025 capital spending to $38B-$40B, an over 30% increase after three years of stagnation — World's biggest chipmaker faces less efficient operations in US and Japan but gets boost from AI demand — Taiwan Semiconductor Manufacturing Company has cut …
Canalys: China smartphone shipments rose 4% YoY to 285M units in 2024, with Vivo up 11% to a 17% market share, Huawei up 37% to 16%, and Apple down 17% to 15% — US tech giant faces competition on mainland as it struggles to introduce AI features on its flagship product
A profile of Tahnoun bin Zayed al Nahyan, the chess-obsessed intelligence chief who oversees UAE's $1.5T sovereign wealth and wants to make UAE an AI superpower — Tahnoun bin Zayed al Nahyan—the UAE's chess-obsessed, jiujitsu-loving intelligence chief—controls vast sums of sovereign wealth.
Berlin-based Nelly, whose SaaS lets medical practices digitally onboard new patients, accept payments, and more, raised a €50M Series B led by Cathay Innovation — Nelly wants to become the biggest fintech startup in the healthcare industry. The Berlin-based startup is already working …
Belgium-based Vertical Compute, a memory chip firm spun out of European VC firm Imec.xpand, raised a €20M seed led by Imec.xpand — Europe's Imec.xpand is spinning out memory chip firm Vertical Compute in a seed investment round worth $20.5 million. — Founded by CEO Sylvain Dubois …
The UK CMA opens a probe to assess Google's position in search and search ads business and how it impacts consumers, advertisers, publishers, and its rivals — Britain's competition watchdog on Tuesday said that it's opening a formal antitrust investigation into Google's search and search advertising services.
The US' chip export rules enter a 120-day consultation period, requiring the Trump administration to consider input, potentially modify, and enforce the rules — The US government has announced a radical plan to control exports of cutting-edge AI technology to most nations.
The Biden admin unveils new chip export rules, giving 18 key allies full AI chips access while requiring licenses from most other countries, including China — US semiconductor industry warns move will aid its competitors — The US is imposing expansive export controls on chips used …
A case study of the amount and kinds of ads in 12 shows on the ad-supported tiers of Netflix, Peacock, Disney+, Max, Paramount+, and Hulu — We watched 12 shows on six platforms to find out how much of your life you give up to save a few bucks each month. — It's getting harder to avoid ads on streaming video.
Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...
