Yoolim Lee / Bloomberg : SK Group Chair Chey Tae-won says memory chip makers are expanding capacity but are unlikely to match demand unti...
SK Group Chair Chey Tae-won says memory chip makers are expanding capacity but are unlikely to match demand until around 2030; basic wafer supply lags by 20%+ — A global shortage of memory chips is likely to persist another four to five years because of endemic constraints in semiconductor production …
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Gecko Robotics secures a $71M US Navy contract to use robots to slash repair time for dated ships, as the US races to reindustrialize its aging defense systems — Gecko Robotics, a Pittsburgh-based robotics startup, on Tuesday announced a $71 million deal with the U.S. Navy to cut …
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Sources: KKR, Blackstone, and other investors have turned down some data center debt because of insufficient insurance against risks like natural disasters — Lack of sufficient cover means some investors are walking away from deals — Lenders looking to fund the build-out of data centres …
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The UK plans to spend £1B+ on quantum computing research over four years, including funding companies in pharmaceuticals, financial services, and energy — The UK will spend more than £1 billion ($1.3 billion) on quantum computing research over the next four years …
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Q&A with Ted Sarandos on his visit to Brussels, Netflix's European investments, EU regulation, YouTube, TikTok, WBD, Trump's Susan Rice criticism, AI, and more — Netflix co-CEO Ted Sarandos arrives in Brussels on Tuesday with a clear message for EU regulators ahead of a looming review …
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EU countries introduce sanctions on hacking groups, including Iran's Emennet Pasargad, which hacked magazine Charlie Hebdo in 2023, and two Chinese companies — Countries impose measures on Iranian, Chinese companies providing hacking services. — BRUSSELS — European Union countries …
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Berlin-based Upvest, which builds trading APIs for neobanks and retail lenders, raised $90M in equity, sources say at a $735M valuation, up from ~$413M in 2024 — German fintech Upvest, which supplies brokerage technology to neobanks such as Revolut and to retail lenders …
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Samsung says it is winding down sales of its $2,899 Galaxy Z TriFold in South Korea and the US once it clears inventory, after just three months on the market — Samsung Electronics Co. is winding down sales of its Galaxy Z TriFold smartphone after roughly three months on the market …
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Q&A with CEO Jim Lanzone on Yahoo being “very profitable”, its new AI search engine, focusing on sports content, including original video and podcasts, and more — Today, I'm talking with Jim Lanzone, who is the CEO of Yahoo. — It's basically impossible to sum up the Yahoo story …
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Open models will largely lose if they keep chasing closed frontier AI models; instead, open models should serve as complementary tools to closed agents — Markets, capabilities, cope, and bewilderment in the industrialization of language models. — Article voiceover
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