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Chinese tech startups such as Moonshot AI and DeepRoute.ai are considering changing their corporate structures—in which they’re technically based overseas—in favor of incorporating in China. That shift follows signals from China’s securities regulator that it is less likely to approve initial public offerings by local companies incorporated outside the country, say people with direct knowledge of the matter.
The regulator’s new stance could make it harder for Chinese startups to raise capital from overseas
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The Information
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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The Busy Bar display will finally go on sale in July. It looks irresistibly productive, but $249 is just too much Read more ›
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Would you pay $20 a month for access to AI hardware you already own? That appears to be one of Meta's next bets. This week, it quietly announced that your glasses' Conversation Focus feature will soon be limited to three hours of use per month, unless you pay for a $19.99 Meta One Premium subscription. […] Read more ›
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From old PCs to dusty printers, here's where to drop off your outdated tech without paying a cent. Read more ›
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While SUVs and other boxy cars often come with rear wipers, most do not. Why is this, since water and dirt can disrupt the view of any driver? Read more ›
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Feeling nostalgic at a certain age? Then you might remember one or all of these five classic cars that will take you back to to your youth. Read more ›
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Mumbai-based private equity firm Ananta Capital has acquired a majority stake in D2C startup Phitku via a combination of primary… Read more ›
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Anthropic announced Tuesday that the Trump Administration had lifted its controls on the cutting-edge AI model. Read more ›
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The Rotary Mouse replaces scroll wheels with a rotary dial, promising faster navigation, smoother control, and experimental gaming applications. Read more ›
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After weeks of negotiating with the Trump administration, Anthropic is finally going to be able to bring Claude Fable 5 back online. In a post on X, Anthropic said it plans to begin restoring access tomorrow. Anthropic: We've received notice that the Department of Commerce has lifted export controls on Claude Fable 5 and Mythos […] Read more ›
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Anthropic said it had to "abruptly disable" access to Fable 5, its most powerful publicly available AI model, after a Trump administration order. Read more ›
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A year after the passage of the Genius Act legalized stablecoins, a bunch of big financial players have teamed up to launch a new, impressive-sounding stablecoin. Stripe, Visa, Mastercard, Coinbase, BlackRock and BNY are forming a consortium with over 140 firms to launch Open USD, which will debut later this year. This is a big deal. Open USD aims to challenge the dominance of Circle and Tether in the $300... Read more ›
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“Sorry, is now still a good time?” I said, on a call I had scheduled myself, at the exact minute we had agreed on, to a person who had asked me to call. There was a small pause. “Why are you apologizing?” she asked. And I realized I genuinely did not know. I apologize for ... Read more Read more ›
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Google Maps has a variety of icons that are mostly self-explanatory, but the leaf icon can confuse some drivers when they first see it. What does it mean? Read more ›
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The White House is poised to lift export restrictions on Anthropic’s Fable 5, according to a U.S. official. The move could occur as early as Tuesday evening, Politico reported. On June 12, the federal government forced Anthropic to withdraw two models—Mythos 5 and Fable 5, a version of Mythos ... Read more ›
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A couple of rumors so far have suggested that Samsung will hold its next big Unpacked event on July 22 in London, and now the company itself is strongly hinting at the fact that it is the correct date. Over in Malaysia, Samsung is offering its loyal fans an exclusive MYR 700 ($171) discount "on the purchase of their next Galaxy Foldable". This will be available in the Samsung Members... Read more ›
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The Information
Alibaba Group has sued the U.S. Department of Defense, seeking to be removed from the Pentagon’s blacklist of Chinese companies with alleged military ties. In a federal complaint filed in California, Alibaba said the Pentagon’s label has “no basis in fact or law” and was imposed “without notice ... Read more ›
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SpaceX’s xAI is doubling down on video- and image-generating tools, people familiar with the project said. That’s seizing on an opening left by OpenAI and Anthropic, which offer fewer visual capabilities. XAI launched an upgraded video model last week, highlighting how it’s pushing ahead with its own visual efforts even as it brings in outside help to compete with rivals in areas like coding. SpaceX also touted the popularity of... Read more ›
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OpenAI and Broadcom unveiled a new chip the two companies have developed for inference, a big step forward in OpenAI’s effort to reduce its reliance on Nvidia chips and control its own hardware. The companies are calling the new chip Jalapeno, and they said in a blog post that “early ... Read more ›
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By some accounts, the compute crunch of 2026 has become even more dire than the chip crunch of 2023, which saw even venture capital firms becoming quasi-cloud providers temporarily. That’s good news for a subclass of firms that popped up to rent out computing power and help developers run open-source models to power applications. Some people call them compute resellers or inference providers.Most of these firms rent out Nvidia-powered servers... Read more ›
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Ornn, a startup that tracks the cost of AI tokens and computing power, raised $33 million in a funding round led by Andreessen Horowitz. The money will be used to build a marketplace for trading compute, executives at the company told Bloomberg. Ornn is one of several companies seeking to turn ... Read more ›
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Qualcomm has agreed to pay around $3.9 billion in stock for Modular, a software startup that allows developers to write software to run on different chips without having to rewrite the code for each chip. The deal price, based on Qualcomm’s last closing price on Tuesday, more than doubled the ... Read more ›
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Since the start of the year, cities, towns, counties and states across America have slammed the brakes on allowing new data centers in their backyards. By exhaustively combing through a combination of legal documents and local news reports, The Information has identified more than 300 temporary and permanent bans on data center development that state and local governments throughout the U.S. have passed since 2023, and over 75 more under... Read more ›
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For founders, the benefits of building a personal brand are undeniable. A high-profile personal brand can lead to more attention and opportunities from media and investors, create inbound demand from warm leads, and foster trust with potential customers. And, unlike traditional marketing, it can be executed with zero budget. However, building a personal brand can take a great deal of time. With so many founders and thought leaders competing for... Read more ›
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Finance isn’t exactly known for minting new business models overnight. The industry is heavily regulated, customers are slow to move money and licensing often keeps firms in familiar lanes. Prediction markets are proving a rare exception. Fast-growing U.S. prediction market Kalshi recently topped $2 billion in annualized revenue. At that pace, it would already be generating roughly half of Robinhood’s latest annual revenue and around one-third that of exchange operator... Read more ›
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AI server chips that effectively compete with Nvidia’s have never been more in-demand as AI developers and cloud providers seek lower-cost alternatives to the market leader. In the latest example, nine-year-old chip startup SambaNova is set to raise between $800 million and $1 billion, its executive chairman, Lip-Bu Tan, said at an event on Tuesday. Tan, who is also CEO of chip designer and manufacturer Intel, didn’t elaborate. But people... Read more ›
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30.06.2026 21:27
Last update: 21:20 EDT.
News rating updated: 04:20.
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