Japan launched Noetra, a ¥380 billion AI company backed by SoftBank, Sony, NEC, Honda, and METI, to secure national leadership in physical AI and robotics. The coalition aims to reduce reliance on for…
French President Emmanuel Macron and Indian Prime Minister Narendra Modi are personally courting tech CEOs to secure AI infrastructure investments, resulting in tens of billions of dollars in commitme…
Over $610 billion in AI hardware capital expenditure was committed globally in a single week, including South Korea's $550B memory fab investment, Japan's $6B for AI model development, and Qualcomm's …
A July 4 link dump by an unnamed editor compiles essays on the indie web's comeback, SoftBank's AI investments, the Slate Truck EV, and more. The collection highlights a survey finding that 60% of U.S…
Abu Dhabi's MGX has raised approximately $49 billion for one of the largest AI investment funds ever, targeting AI infrastructure including semiconductors and data centers. The fund, backed by soverei…
Japan announced plans to develop a sovereign AI model and deploy 10 million AI-equipped robots across 18 sectors by 2040, investing approximately $6 billion through the Noetra consortium led by SoftBa…
Japan's Ministry of Economy, Trade and Industry (METI) has committed up to 1 trillion yen ($6.2 billion) over five years to back Noetra, a physical AI consortium led by SoftBank, Sony, NEC, and Honda,…
Japan's industry ministry announced ¥387.3 billion in aid for a project led by Noetra to develop a domestic AI foundation model for controlling robots, aiming to catch up with the US and China. SoftBa…
Japan's Ministry of Economy, Trade and Industry announced JPY387.3 billion in funding for a five-year project to develop a domestic multimodal foundation model for physical AI controlling robots, led …
The European Union's Tech Sovereignty Package aims to triple data center capacity within five to seven years to reduce reliance on American cloud providers, but faces power and planning challenges. Ic…
SoftBank, OpenAI, and Oracle are converting a former auto plant in Lordstown, Ohio into an advanced AI data center as part of the Stargate initiative, which expanded with five new US sites targeting n…
OpenAI is considering delaying its initial public offering until 2027 to achieve a $1 trillion valuation, according to a Bloomberg report. The delay has caused SoftBank's shares to drop 13% and affect…
SoftBank CEO Masayoshi Son dismissed Elon Musk's vision for orbital data centers, arguing they won't cut costs quickly enough to matter in the AI race. On TechCrunch's Equity podcast, editors noted th…
OpenAI began a limited preview of its GPT-5.6 series, renamed Sol, Terra, and Luna after US government consultations, signaling tighter national security oversight of advanced AI. Meanwhile, China's 6…
The FTSE 100 fell 0.2% on Friday as technology stocks declined after a New York Times report that OpenAI may delay its initial public offering until 2027 due to concerns about market interest. The rep…
Brazilian startup Gabriel uses AI-powered cameras to scan license plates and share data with police, aiming to solve theft cases in São Paulo, Rio de Janeiro, and Belo Horizonte. Critics raise privacy…
OpenAI is reportedly delaying its IPO to 2027 because CEO Sam Altman insists on a $1 trillion valuation, rejecting any lower price. Advisors recommend the delay due to volatile tech markets and SpaceX…
Global tech stocks experienced extreme volatility this week, with AI-related shares swinging sharply amid concerns about high capital expenditure and rising chip costs. Apple's price hike on iPads and…
Wall Street triggered a massive selloff in tech stocks after Apple announced price hikes due to rising memory and storage chip costs, with Deutsche Bank warning of a 'memory supply crisis' as AI deman…
Apple raised prices on Mac, iPad, and home devices on June 25, citing unsustainable memory chip costs driven by AI demand, triggering a selloff in Asian technology stocks. Apple shares dropped up to 6…