Thinking Machines Lab’s First Model Gives Nod to Chinese Open Source AI
The startup says its new open-source model’s architecture design “largely follows” DeepSeek’s V3.
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TSMC Plans Another $100 Billion U.S. Investment as AI Demand Surges
Rising demand for advanced AI chips prompted TSMC to lift planned 2026 spending to as much as $64 billion and forecast revenue growth above 40%.
Nvidia Releases New Robotics AI Model
It’s another effort to diversify from data center chips.
AWS Stops Selling Two Versions of Its Hardware For Private Data Centers
AWS is ending sales of two cloud hardware products that let customers process and analyze data in places like retail stores and factory floors.
SpaceX Shares Drop Below IPO Price
The stock has experienced significant volatility since its public debut in June.
Stripe, Advent Made Joint Offer to Buy PayPal
PayPal shares jumped 16% after news of the unsolicited offer.
Apple Receives China’s Approval for AI Services Powered by Alibaba, Baidu
China's internet regulator also approved six other services, mostly from Chinese smartphone makers.
DeepSeek’s Annualized Revenue Nears $500 Million, Boosting Fundraise and IPO Plans
The AI developer is looking to raise another $7.4 billion just weeks after closing its first funding round.
Trump Administration Rolls Out AI Executive Order With ‘Gold Eagle’ Program
A clearinghouse composed of government agencies and companies will coordinate on cyber vulnerabilities.
IBM Stock Drops 25% As Mainframe Business Suffers
The company said its infrastructure revenue for the June quarter fell 7% from the previous year.
Google DeepMind’s Demis Hassabis Calls for New U.S.-Led AI Standards Body
The call to action comes amid uncertainty with the Trump administration’s approach to AI regulation.
New York Becomes First State to Enact Data Center Moratorium
The executive order signed by Gov. Kathy Hochul will last for one year.
DeepSeek Plots Another Funding Round, Weeks After Raising $7.4 Billion
The Chinese AI lab is embracing external money at a fast pace after seeing Mythos’ breakthroughs.
Chinese Humanoid Startup LimX Dynamics Closes Pre-IPO Funding at $2.2 Billion Valuation
The company has raised $400 million over the past six months as it eyes global expansion.
Smartphone Shipments Fall to Lowest Q2 Level in 13 Years
Counterpoint attributed the sales drop to rising prices for smartphones caused by higher memory chip costs, which flowed through to price rises for some models.
Meta Doubles Louisiana Data Center Capacity
The project’s expansion highlights Meta’s increasing appetite to secure more compute capacity.
Samsung Races to Add Chip Capacity, Moves Up Plant to 2029
Samsung accelerates a key factory by up to two years, part of a $1.35 trillion push into AI chips and memory in South Korea.
Shein Wins Chinese Regulatory Approval for Hong Kong IPO
The online fashion retailer first sought to list in New York and London but failed.
States led by California Nearing Suit to Block Paramount-Warner Deal
The effort comes as states step up their antitrust enforcement as the Trump Administration declines to block deals.
Weekday mornings
The Information AM by The Information Staff
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
By providing your email, you agree to The Information’s Privacy Policy