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t.co
The NERC, overseen by the FERC, warns soaring US electricity demand from data centers to power AI could strain US and Canadian grids, risking blackouts
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t.co
)
2024-12-18
AI
Canada
Shares of Kioxia rose 6%+ on its first day of trading in Tokyo, giving the chipmaker a ~$5.2B market cap; a group led by Bain had paid $18B for Kioxia in 2018
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t.co
)
2024-12-18
Tokyo
NYC-based Precision Neuroscience, a maker of brain-computer interfaces, raised a $102M Series C led by General Equity Holdings at a ~$500M post-money valuation
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t.co
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2024-12-18
Equity
A Taiwanese official says the country is in talks with Amazon's Kuiper over satellite internet as its current OneWeb deal does not offer sufficient capacity
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t.co
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2024-12-18
Taiwan
Amazon
The UK opens a consultation on AI and copyright, and aims to offer an “opt out” copyright exception, force companies to open models to scrutiny, and more
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t.co
)
2024-12-17
AI
The EU signs a deal to build the €10.6B Iris² satellite internet network to rival Starlink, with 61% of the project funded publicly, starting operations in 2030
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t.co
)
2024-12-16
Arm and Qualcomm's chip licensing dispute heads to trial in Delaware, in a high-stakes battle set to last about a week over Qualcomm's $1.4B Nuvia acquisition
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t.co
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2024-12-16
Sources: Revolut staff and early investors offloaded nearly $1B in stock in a secondary sale since August 2024, after the UK granted Revolut its banking license
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t.co
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2024-12-16
Chinese merchants are rapidly expanding their presence on Russian e-commerce platforms like Ozon Global and Wildberries to find new markets and avoid US tariffs
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t.co
)
2024-12-16
Russia
China
A profile of Donald Trump's AI and crypto czar David Sacks, who has urged AI companies and other tech startups to boost US competitiveness and national security
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t.co
)
2024-12-16
Trump
Startup
AI
Sources say it makes no sense for Elon Musk to target OpenAI with onerous regulation as co-chair of DOGE, given his remit is to find ways to slash regulation
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t.co
)
2024-12-15
Elon Musk
Duolingo has bucked the post-pandemic blues in edtech, with its stock price up over 300% from its 2021 IPO price of $102, giving the company a ~$15B market cap
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t.co
)
2024-12-15
IPO
As Nvidia's stock price growth slows to just 3% over the past six months, experts say investor attention is likely to spread to companies actually using AI
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t.co
)
2024-12-14
AI
Nvidia
Vietnam and Indonesia have imposed restrictions on Chinese e-commerce companies like Temu and Shein, seeing cheap imports as a threat to homegrown industries
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t.co
)
2024-12-14
China
Indonesia
Vietnam
Hikvision terminates five contracts with local governments in China's Xinjiang, a move that could shield the company from pressure from the Trump administration
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t.co
)
2024-12-14
Trump
China
Sources: the UK's AI Safety Institute delays plans for its US outpost as it faces Trump's “starkly” different AI regulation approach; the AISI has a £50M budget
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t.co
)
2024-12-13
Trump
AI
Budget
The EU's TikTok scrutiny over the Romanian presidential election will be a litmus test for the DSA and should finally uncover details of algorithmic influence
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t.co
)
2024-12-12
Romania
Australia plans a new levy on tech companies like Meta with $250M+ in revenue to force them to pay publishers for journalism, after Meta quit the previous deal
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t.co
)
2024-12-12
Australia
Study: the US is on track to add more construction for computer and electronics manufacturing in 2024 alone than it did during the 20 years before the CHIPS Act
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t.co
)
2024-12-12
Manufacturing
As payment fraud grows, governments, banks, and tech companies disagree on who covers losses; Deloitte says AI content contributed to $12B+ in US losses in 2023
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t.co
)
2024-12-11
AI
A look at the relationship between Tether and Trump transition co-Chair Howard Lutnick, who boasted of Cantor Fitzgerald handling $10B in redemptions in 2022
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t.co
)
2024-12-11
Trump
Sweden's financial regulator fines Klarna $50M and reprimands the BNPL company for breaking anti-money laundering rules between 2021 and 2022
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t.co
)
2024-12-11
Sweden
Microsoft AI CEO Mustafa Suleyman is building a new London-based team focused on health by poaching staff from a similar unit he once led at Google DeepMind
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t.co
)
2024-12-11
Google
Microsoft
AI
London
Sources: EU regulators asked Google for more info in October about a secret ads partnership with Meta which skirted Google's own rules for targeting minors
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t.co
)
2024-12-10
Google
GroupM expects global ad industry revenue to grow 9.5% in 2024, passing $1T for the first time, with Google, Meta, ByteDance, Amazon, and Alibaba earning 50%+
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t.co
)
2024-12-10
Google
Amazon
Alibaba
Dell'Oro Group expects global investment in data centers to rise ~30% YoY to $463.7B in 2025, with about half coming from Amazon, Microsoft, Google, and Meta
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t.co
)
2024-12-9
Google
Amazon
Microsoft
As digital assets go more mainstream, memecoins like PNUT, named after a euthanised pet squirrel, show how the information ecosystem is changing in finance
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t.co
)
2024-12-8
Asset
Meta says there are no plans to release its AI-powered coding tool Metamate externally; Metamate lacks the more autonomous, agent-like features of rivals' tools
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t.co
)
2024-12-8
AI
Sources: ByteDance has taken an early lead in the generative AI race in China by poaching top talent from rivals and becoming Nvidia's biggest buyer in China
(
t.co
)
2024-12-8
China
AI
Nvidia
A look at the uncertainties for the chip industry under Donald Trump, including tariffs, the CHIPS Act, demand for AI chips, competition with China, and more
(
t.co
)
2024-12-7
Trump
China
AI
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