SoftBank Group Corp.'s $40 billion bridge loan for its investment in OpenAI has attracted 21 new lenders in a broader syndication phase, allocating about $7 billion of the facility, with First Abu Dhabi Bank PJSC, GIC Pt…
ChangXin Memory Technologies (CXMT) surged as much as 472% on its Shanghai debut Monday, reaching a market value of 3.31 trillion yuan ($489 billion) and becoming the most valuable company listed on mainland Chinese mark…
South Korea unveiled plans on June 29 to invest over $1 trillion in public and private AI infrastructure, anchored by a $518 billion commitment from Samsung Electronics and SK Hynix to build four new chip fabrication pla…
Boston Consulting Group's inaugural Intelligent Cities Index, released July 27, ranks Singapore 11th and Hong Kong 36th among 61 cities across 39 countries, with London leading the overall index. The study evaluates five…
Chipmaker CXMT became mainland China's most valuable listed firm after its shares soared 470% in its market debut, driven by the AI boom fueling chip demand.
Nvidia will buy a 4.5 percent stake in Naver for $1 billion, becoming its third-largest shareholder, as part of a $10 billion AI infrastructure package with Brookfield. The remaining $9 billion is still being arranged th…
A developer updated an Expo app from a restaurant using Codex on an Android phone while their laptop was off, thanks to a remote development setup where code and services run on an Ubuntu tower at home. The developer bui…
AI makes software architecture more valuable, not less, because while AI can generate code rapidly, it cannot determine where that code belongs in a system, according to a senior news editor. The bottleneck in software e…
Australia should not try to win the AI arms race but instead leverage its critical minerals and renewable energy while ensuring global tech giants pay fair tax, argues AirTree co-founder Daniel Petre. AI capability is ad…
A new training method called replacement-aware training produces sparse auto-encoders (SAEs) that retain language capabilities when used in a full replacement model of Gemma-2-2B, unlike standard SAEs which cause catastr…
CXMT Corp. can rally 1,239% from its IPO price as it wins market share, Nomura Holdings Inc. says, with analyst Donnie Teng assigning a buy rating and 116 yuan target. The stock surged as much as 535% to 55.03 yuan on it…
A developer outlines a rigorous methodology for conducting recursive self-improvement campaigns on AI agent harnesses, emphasizing evidence-driven optimization without benchmark manipulation. The approach focuses on capa…
A NixOS developer has proposed an untested patch for nixpkgs that dynamically limits the number of boot menu generations based on available space on the /boot filesystem, preventing it from filling up. The patch adds a `…
A Forbes analysis by senior contributor Joe McKendrick finds that successful AI implementation depends primarily on human psychology, not just technology, identifying the people most likely to resist AI and the reasons b…
AI-focused exchange-traded funds (ETFs) have grown into a $65 billion market, according to data from Morningstar. The surge reflects investor enthusiasm for artificial intelligence companies and technologies.
Michaels reported that its Google Gemini-powered AI shopping assistant, Ask Mike, has achieved a conversion rate more than double that of traditional search since its quiet launch in May 2024. The assistant has handled 7…
An estimated 30% of shoppers now use AI for product research, up from 12% a year ago, according to a Brainlabs report, driving urgency around AI visibility strategies. Digiday interviewed four agency experts who debunked…
Agencies are quietly folding AI infrastructure costs into principal media deals, with one holding company offering to cover the entire AI bill if 70% of a client's media budget runs through principal inventory, according…
French Prime Minister Sébastien Lecornu announced on Instagram that France is replacing Palantir Technologies Inc. with local challenger ChapsVision for its domestic intelligence agency, citing digital sovereignty concer…
AI companies OpenAI, Anthropic, Google, and Microsoft spent record sums on Washington lobbying in 2024, reflecting an intensifying battle over federal AI policy, according to the Financial Times.