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UK's Office for National Statistics: UK digital infrastructure investment crossed £11B in 2025, hitting dot-com boom levels, amid an AI data center surge (Tom Rees/Bloomberg)

industry
about 1 month ago▲ 24
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techmeme

Temu owner PDD reports Q2 revenue up 8.1% YoY to ~$16.72B, missing estimate of ~$17.17B, net profit down 12% YoY to ~$4.04B, above ~$3.63B estimate (Tracy Qu/Wall Street Journal)

industry
about 1 month ago▲ 24
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techmeme

IBM says it is developing a dual-architecture processor for IBM Z and LinuxONE systems that can natively execute both IBM's z/OS workloads and Arm applications (Michael Nuñez/VentureBeat)

industry
about 1 month ago▲ 24
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techmeme

Nvidia says its inference accelerator Groq 3 LPX has entered full production and Nebius has signed on as the first customer; SpaceXAI will adopt Vera CPUs (Mike Wheatley/SiliconANGLE)

industry
about 1 month ago▲ 24
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techmeme

China's Bilibili relaunches its international app and plans an English-language site; it has been pushing MrBeast and others to post on its Chinese site (J.D. Capelouto/Semafor)

industry
about 1 month ago▲ 24
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techmeme

Taiwanese prosecutors indict nine people, including Nvidia and Super Micro employees, for allegedly helping illegally export AI servers to China (Reuters)

industry
about 1 month ago▲ 24
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techmeme

Sources detail how the Trump admin bypassed the DOJ trial team and pushed to settle the Live Nation case, after CEO Michael Rapino met White House officials (Wall Street Journal)

industry
about 1 month ago▲ 24
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techmeme

The FTC is settling its lawsuit against Zillow, resolving claims that Zillow violated antitrust law by paying Redfin $100M to stop competing in rental listings (Jody Godoy/Reuters)

industry
about 1 month ago▲ 24
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techmeme

Minimus, a cybersecurity startup started by Twistlock founders, shuts down after failing to gain enough commercial momentum; Minimus raised a $51M seed in 2023 (Meir Orbach/CTech)

industry
about 1 month ago▲ 24
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techmeme

Sources: Netflix discussed adding streamers like Peacock and Fox One as it seeks to compete with YouTube and Roku in becoming a one-stop shop for TV content (John Koblin/New York Times)

industry
about 1 month ago▲ 24
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techmeme

Irish lawmakers reconsider the country's 1999 ban on nuclear power as data centers' growing power demands account for ~25% of the country's electricity use (Jude Webber/Financial Times)

industry
about 1 month ago▲ 24
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techmeme

Fasset, which offers stablecoin-powered banking services across Asia and other emerging markets, raised $68M at a $1B valuation, after raising $51M in May (Krisztian Sandor/CoinDesk)

industry
about 1 month ago▲ 24
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techmeme

Sources: ByteDance is merging coding platform Trae and agent-building tool Coze into Doubao, and plans to launch Doubao Work to compete with Tencent's WorkBuddy (Bloomberg)

industry
about 1 month ago▲ 24
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techmeme

Ukraine says Russia used an Nvidia Jetson Orin computing module in its autonomous AI-guided drones; Nvidia says they are widely available on resale markets (Andrew E. Kramer/New York Times)

industry
about 1 month ago▲ 24
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techmeme

Ukrainian officials say an AI-guided, fully autonomous Russian drone killed three Ukrainians in a strike on a gas station in the city of Zaporizhzhia (New York Times)

industry
about 1 month ago▲ 24
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techmeme

Chinese EV maker XPeng says its robotics business raised $900M+ led by IDG and Gaorong Ventures at a $6.3B valuation, with Tencent and Alibaba participating (Reuters)

industry
about 1 month ago▲ 24
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techmeme

Xiaomi launches the Xring O3, a 3nm SoC for its mobile devices, as the company seeks to reduce reliance on longtime suppliers Qualcomm and MediaTek (Gao Yuan/Bloomberg)

industry
about 1 month ago▲ 24
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techmeme

Alibaba launches Wan3.0, a video generation model that can generate 30-second videos from documents, spreadsheets, slides, and web pages (Reuters)

industry
about 1 month ago▲ 24
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techmeme

US business schools are racing to prepare students to become chief AI officers, even as companies are still figuring out what the newest C-suite role entails (Rthvika Suvarna/Bloomberg)

industry
about 1 month ago▲ 24
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techmeme

Global central banks are pushing CBDCs to defend monetary sovereignty against USD stablecoins, but are struggling to find demand for the digital currencies (Jonathan Levin/Bloomberg)

industry
about 1 month ago▲ 24
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