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Chinese AI startup DeepSeek releases upgraded model with domestic chip support
21 Aug 2025

Chinese AI startup DeepSeek releases upgraded model with domestic chip support

Chinese artificial intelligence startup DeepSeek released on Thursday an upgrade to its flagship V3 model that the company says has a feature that can optimize it for Chinese-made chips, along with faster processing speeds.
UK's M&S invests $457 million in robotic warehouse to boost food business

UK's M&S invests $457 million in robotic warehouse to boost food business

21 Aug 2025
British retailer Marks & Spencer will invest 340 million pounds ($457 million) in an automated distribution centre in central England, building capacity to support its ambition to double the size of its food business, it said on Thursday.
Baidu quarterly revenue falls as weak ads offset cloud growth

Baidu quarterly revenue falls as weak ads offset cloud growth

20 Aug 2025
Chinese search engine giant Baidu on Wednesday reported a drop in second quarter revenue as its core advertising business struggled amid China’s economic slowdown, offsetting strong growth in cloud services.
Intel gets $2 billion lifeline in the form of SoftBank equity investment

Intel gets $2 billion lifeline in the form of SoftBank equity investment

19 Aug 2025
Intel is getting a $2 billion capital injection from SoftBank Group in a major vote of confidence for the troubled U.S. chipmaker that is in the middle of a turnaround effort.
SoftBank's Son backs ally Tan with $2 billion Intel investment

SoftBank's Son backs ally Tan with $2 billion Intel investment

19 Aug 2025
When Lip-Bu Tan stepped down from the SoftBank Group board in 2022 at a time when the Japanese company was grappling with soured investments, his parting message offered advice on how Masayoshi Son’s conglomerate could strengthen its business.
Foxconn’s Apple era fades as AI servers drive growth in Taiwan tech sector
18 Aug 2025

Foxconn’s Apple era fades as AI servers drive growth in Taiwan tech sector

Taiwan’s Foxconn, which rose to become a global tech manufacturing juggernaut by assembling millions of iPhones, can now say its main business is no longer Apple as it takes advantage of the AI-boom to diversify its income.
Dutch crypto firm Amdax aims to launch Bitcoin treasury company on Euronext

Dutch crypto firm Amdax aims to launch Bitcoin treasury company on Euronext

18 Aug 2025
Amsterdam-based cryptocurrency service provider Amdax plans to launch a bitcoin treasury company called AMBTS (Amsterdam Bitcoin Treasury Strategy) on the Dutch stock exchange, Amdax said on Monday.
China's Ant Group says Bright Smart deal on track following report of delay

China's Ant Group says Bright Smart deal on track following report of delay

15 Aug 2025
China’s Ant Group said relevant procedures regarding its acquisition of Bright Smart Securities & Commodities Group are moving forward as planned, in response to a report that said the deal may face higher regulatory scrutiny and could be delayed.
Intel jumps on report of possible US government stake buy

Intel jumps on report of possible US government stake buy

15 Aug 2025
Shares of Intel surged 4.6% in premarket trading on Friday after Bloomberg News reported that the Trump administration is in talks with the struggling chipmaker for the U.S. government to potentially take a stake in the company.
Foxconn sees robust AI demand continuing after Q2 profit tops forecast

Foxconn sees robust AI demand continuing after Q2 profit tops forecast

14 Aug 2025
Foxconn expects higher third-quarter revenue, it said on Thursday, on robust demand for artificial intelligence servers, which helped the world’s largest contract electronics maker report a forecast-beating 27% increase in second-quarter profit.
Chinese PC maker Lenovo says US-China tariff pause a positive sign
14 Aug 2025

Chinese PC maker Lenovo says US-China tariff pause a positive sign

China’s Lenovo said on Thursday the tariff pause between Washington and Beijing was positive and growth in China’s AI infrastructure remained strong despite U.S.-China tech tensions.
Analysis-Trump's unusual Nvidia deal raises new corporate and national security risks, lawmakers and experts say

Analysis-Trump's unusual Nvidia deal raises new corporate and national security risks, lawmakers and experts say

13 Aug 2025
U.S. President Donald Trump upended decades of U.S. national security policy, creating an entirely new category of corporate risk, when he made a deal with Nvidia  to give the U.S. government a cut of its sales in exchange for resuming exports of banned AI chips to China.
CoinDesk owner Bullish prices IPO above range to raise over $1.1 billion

CoinDesk owner Bullish prices IPO above range to raise over $1.1 billion

13 Aug 2025
Bullish, a cryptocurrency exchange operator that counts billionaire Peter Thiel amongst its backers, said its U.S. initial public offering was priced above its indicated range at $37 per share.
China urges local firms not to use Nvidia's H20 chips, Bloomberg News reports

China urges local firms not to use Nvidia's H20 chips, Bloomberg News reports

12 Aug 2025
Chinese authorities have urged local companies to avoid using Nvidia’s H20 artificial intelligence chips, particularly for government-related purposes, Bloomberg News reported on Tuesday, citing people familiar with the matter.
Rumble weighs near $1.2 billion bid for German AI cloud firm Northern Data

Rumble weighs near $1.2 billion bid for German AI cloud firm Northern Data

11 Aug 2025
U.S. video platform and cloud services provider Rumble is considering an offer of about $1.17 billion (1 billion euros) for German AI cloud group Northern Data, according to statements from both companies.

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