Luke James / Tom's Hardware : TrendForce: global foundry revenue surged 14.6% QoQ to $41.7B in Q2, with TSMC securing a 70% market sh...
TrendForce: global foundry revenue surged 14.6% QoQ to $41.7B in Q2, with TSMC securing a 70% market share, followed by Samsung with 7% and SMIC with 5% — China's SMIC also takes a 1.7% hit. — The second quarter of 2025 was a windfall for the world's chipmakers, with international …
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Tokyo-based LayerX, which uses AI to help enterprises automate back-office workload, raised a $100M Series B led by TCV, taking its total funding to $192.2M — Aging demographics, labor shortages, the adoption of GenAI, and the 2023 implementation of e-invoicing are driving companies to automate finance …
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WLFI, the token of the Trump family's World Liberty Financial, falls 25% to about $0.21 on its first day of trading, giving it a market cap of around $6B — WLFI tokens in circulation have a total nominal value of $6.4bn — The crypto token of a project backed by US President Donald Trump fell on its first day of trading on Monday.
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Alibaba's shares jumped 19% in Hong Kong on Monday, following strong quarterly results from its cloud computing unit and reports of its new AI chip on Friday — Alibaba's Hong Kong listed shares surged more than 19% on Monday as the Chinese tech giant's cloud computing unit drove strong quarterly results …
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Tencent open sources translation models Hunyuan-MT-7B and Hunyuan-MT-Chimera-7B, which support 33 languages, claiming they beat established models in benchmarks — Chinese tech giant Tencent has open sourced two specialized translation models, claiming they outperform established tools …
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China's new AI content labeling law goes into effect, as part of a broad effort to address AI-related risks such as misinformation and copyright infringement — The law requires explicit and implicit labels for AI-generated text, images, audio, video and other virtual content
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Internal memo: Revolut begins a secondary share sale for staffers at $1,381.06 per share, valuing Revolut at $75B, up from $45B in a 2024 secondary share sale — Revolut Ltd. has kicked off a process for some employees to sell their shares in the company at a $75 billion valuation.
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WLFI, the token of Trump's World Liberty Financial, begins trading at ~$0.30 with a market cap of ~$7.5B; ~24.67% of its 100B supply is in circulation at open — - The native token of World Liberty Financial, a DeFi project backed by Donald Trump and his family, began spot trading on exchanges.
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Source: G42 is talking to Google, AWS, Meta, Microsoft, and xAI to become tenants at its UAE-US AI Campus, and aims to diversify chip suppliers beyond Nvidia — THE SCOOP — Abu Dhabi-backed G42 is still negotiating with major American technology firms — with no agreements yet …
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Sources: OpenAI is scouting local partners to set up a 1GW+ data center in India, although the exact timeline is unclear; Sam Altman is set to visit this month — OpenAI is seeking to build a massive new data center in India that could mark a major step forward in Asia for its Stargate …
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Analysis: porn sites that don't comply with the UK's age verification laws have seen their traffic from UK users grow, while sites complying had declines — The age-verification laws rapidly expanding across the United States and United Kingdom are bringing with them some surprising downsides …
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AI shopping agents are prompting sellers and brands to rethink how they sell online, as advertisers adopt techniques to appear more prominently in AI results — OpenAI, Perplexity and Google create AI-powered features, leading brands to rethink how they sell products online
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Q&A with Cloudflare CEO Matthew Prince on why he thinks AI chatbots imperil the web and journalism's future, his company's pay-per-crawl initiative, and more — Sixteen years ago Matthew Prince and classmate Michelle Zatlyn at Harvard Business School decided there was a better …
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A survey of 1,047 US college students on GenAI: 55% use the tech for brainstorming ideas, 18% now question the value of college more than they used to, and more — Key findings from Inside Higher Ed's student survey on generative AI show that using the evolving technology hasn't diminished …
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A profile of Chinese AI chip designer Cambricon, whose share price has doubled since the start of August, supported by Beijing's aims for tech self-sufficiency — The young chipmaker has software advantages over much larger rival Huawei as it aids Beijing's race for tech self-sufficiency
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Q&A with Lyft CEO David Risher on three consecutive profitable quarters, cofounders leaving the board, Freenow acquisition, the economics of robotaxis, and more — Lyft wants to shed its “second-place, domestic-only, only a business-to-consumer company” reputation. — 13M
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