Memo: MiniMax CEO Junjie Yan tells employees he will forgo his salary until MiniMax achieves AGI and promises to allocate personal shares to employee incentives (Juro Osawa/The Information)

Memo: MiniMax CEO Junjie Yan tells employees he will forgo his salary until MiniMax achieves AGI and promises to allocate person…

OpenAI and Google are providing advanced AI models to Singapore-based subsidiaries of Alibaba, Baidu, and Tencent, exposing a gap in US AI controls (Madhumita Murgia/Financial Times)

OpenAI and Google are providing advanced AI models to Singapore-based subsidiaries of Alibaba, Baidu, and Tencent, exposing a ga…

Big tech must deal with scam ads under Ofcom proposals

Big tech must deal with scam ads under Ofcom proposals https://bit.ly/4vQDzju Ofcom says more than half of UK adults have encoun…

Interviews with employees and insiders reveal how CXMT is amassing tech, funding, and state support to challenge top memory chipmakers and build local suppliers (Gao Yuan/Bloomberg)

Interviews with employees and insiders reveal how CXMT is amassing tech, funding, and state support to challenge top memory chip…

Leaked renders via Android Headlines show the Samsung Galaxy Z Flip 8, Z Fold 8, Watch 9, and Watch Ultra 2; the Galaxy Z Fold 8 is likely a new wide foldable (Lawrence Bonk/Engadget)

Leaked renders via Android Headlines show the Samsung Galaxy Z Flip 8, Z Fold 8, Watch 9, and Watch Ultra 2; the Galaxy Z Fold 8…

Sources: Sonos' layoffs include some top design and product executives, like VP of Design Dana Krieger; CEO Tom Conrad says the move reduces management layers (Chris Welch/Bloomberg)

Sources: Sonos' layoffs include some top design and product executives, like VP of Design Dana Krieger; CEO Tom Conrad says …

China's CNVD says it found "security backdoor vulnerabilities" in Claude Code that "send sensitive information" like "location and identity to remote servers" (Raffaele Huang/Wall Street Journal)

China's CNVD says it found "security backdoor vulnerabilities" in Claude Code that "send sensitive informatio…

US lawmakers are considering strategies to curb US companies' growing adoption of Chinese AI models, as a House committee investigation investigates the risks (Kai Nicol-Schwarz/CNBC)

US lawmakers are considering strategies to curb US companies' growing adoption of Chinese AI models, as a House committee in…

UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center buildout across Europe, the US, and the Asia Pacific (Mauro Orru/Wall Street Journal)

UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center buildout across Europe, the U…

Munich-based nuclear fusion startup Proxima Fusion raised €411M led by trading firm XTX and UK-based East X at a €2.4B valuation, with participation from Google (Bloomberg)

Munich-based nuclear fusion startup Proxima Fusion raised €411M led by trading firm XTX and UK-based East X at a €2.4B valuation…

Counterpoint: China smartphone sales fell 13% YoY during the 618 shopping festival as brands raised prices to offset memory costs; Honor fell 33% and Xiaomi 24% (Reuters)

Counterpoint: China smartphone sales fell 13% YoY during the 618 shopping festival as brands raised prices to offset memory cost…