China’s foreign ministry has rejected the joint US intelligence advisory accusing Chinese developers of extracting capabilities from American frontier models at industrial scale, calling on Washington to stop making unfounded accusations and smears. Ma…
The United States opened its criminal case against Huawei in Brooklyn federal court on Wednesday, with a prosecutor describing two decades of conduct by the world’s largest telecoms equipment maker as theft, lies and cover-up. “Theft, lies, cover-up. F…
The US Justice Department is examining whether Nvidia deliberately structured its licensing deal with inference chip designer Groq in a way that avoided antitrust review, according to a New York Times report. The Justice Department opened its inquiry s…
The average PC sold in the United States now costs more than $1,000. That has never happened before. Average sell-in prices crossed the line in the second quarter, up 12.0% year on year, according to Omdia. US shipments grew 1.0% in the quarter to 18.8…
A defence company nobody had heard of on Tuesday opened a 105,000 square foot missile factory in Texas on Wednesday. Covenant came out of stealth this morning. It announced Anthem, a long-range weapon system it says is designed for production in the th…
The White House has warned Australia over draft laws that would force social media platforms to offer users a feed not built by an algorithm, placing the bill in the same category as digital services taxes and describing penalties on American technolog…
Amkor is roughly tripling the size of the chip packaging campus it is building in Arizona. The company announced phase 2 on Tuesday. It adds 60,000 square metres of cleanroom to the 33,000 already planned, taking the site to about 93,000 square metres,…
Chime is buying the bank that has held its customers’ money for seven years. The company announced on Tuesday that it has agreed to acquire Stride Bank of Enid, Oklahoma, for $590m in cash. Stride will become Chime Bank and operate as a wholly owned su…
Waymo’s driverless cars can now be booked through the Lyft app in Nashville, making it the first market where the same autonomous fleet is available through two competing rideshare platforms. The service covers central Nashville, including Downtown and…
The Pentagon’s most senior artificial intelligence official has said publicly what allied defence ministries have been hearing privately for the past two years: they do not have the same resources as the US, and they are unlikely to catch up anytime so…