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Chinese battery giant Contemporary Amperex Technology, better known as CATL, is planning to invest in Chinese AI developer DeepSeek’s fundraising, according to two people with direct knowledge of the matter. CATL’s planned investment comes as it is aggressively stepping up its efforts to sell power equipment to AI data centers.
DeepSeek’s first-ever funding round, which aims to raise about 50 billion yuan ($7.35 billion), could close as early as next month, according to the people. DeepSeek could be valued
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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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Agent skills have become an important part of real-world AI applications, providing a mechanism — a set of instructions saved in a folder of text-based markdown (.md) files, usually — for models to adapt to specific enterprise use cases and complex workflows. However, optimizing these skills is a slow process and faulty process, as they cannot be trained in the same way as the parameters of the underlying AI model.... Read more ›
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Proton VPN's Firefox extension has been temporarily removed from the Mozilla Add-ons store due to review requirements. Users are encountering loading errors, but core functionality is still available via the desktop app or Chromium-based browsers. Read more ›
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Pilots in the U.S. military go through some of the most strenuous flight training on the planet, but Apache pilots have other special training routines as well. Read more ›
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The M7 Pro packs 14K resolution and blistering print speeds into a mid-size package — and it’s dropped by $190 at Amazon right now. Read more ›
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A joint congressional report describes a spam operation that turned tens of thousands of fake podcasts into search-engine bait for illegal pharmacy and scam sites. Read more ›
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Congress has failed to pass a three-week extension of Section 702 of the Foreign Intelligence Surveillance Act (FISA), with the House voting 218-198 against reauthorizing the controversial warrantless wiretapping authority through July 2nd. After a short-term extension earlier this year, the spying program now appears set to lapse for at least a week. This is […] Read more ›
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The only functional difference between a Trump Phone and the HTC U24 Pro is the battery, iFixit discovered. Read more ›
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Uber One, meet Waymo Premier. The robotaxi operator announced a new $29.99-a-month premium tier for riders who want a more elevated and exclusive autonomous experience. The invite-only membership service is aimed at Waymo customers who use the service most frequently, offering them a number of perks, including priority pickups, 10 percent cash back on every […] Read more ›
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Westeros plunges into war when the 'Game of Thrones' prequel returns to HBO June 21. Read more ›
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Waymo is launching a subscription program that gives members priority pickup and other perks that are exclusive to its proprietary app. Read more ›
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I have tested more portable MIDI controllers than I can keep track of, and I will tell you right now: 37 keys is the ideal size. While Arturia's 25-key MiniLab MK3 is a solid controller that easily fits in a backpack, it feels a bit claustrophobic. The new $149 MiniLab 37 adds another octave, giving […] Read more ›
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Xbox CEO Asha Sharma and Chief Content Officer Matt Booty told staff that Xbox's current economics "cannot continue," citing more than $20 billion in spending over five years, declining revenue outside Activision Blizzard King, console supply constraints tied to RAMaggedon, and an overextended studio portfolio. The memo stops short of announcing layoffs, but a Bloomberg report says substantial Xbox cuts are expected after Microsoft's fiscal year ends on June 30.... Read more ›
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I knew the SP40 Restomod Roadster would turn heads, I just wasn't sure if this carbon-fiber creation would ever be able to justify its hefty price tag. Read more ›
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Here's how to watch Mexico vs South Africa for free online and from anywhere as the co-hosts kick-off the FIFA World Cup 2026 at the Estadio Azteca in Mexico City. Read more ›
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Elon Musk, on the verge of becoming the world's first trillionaire, is whipping up anti-immigration tensions amid ongoing riots in Belfast, Northern Ireland. Following a knife attack in the city on Monday, Musk declared support for Restore Britain, a hard-right populist political party that advocates for large-scale migrant deportation in the UK. He reposted statements […] Read more ›
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Apple shares have lost roughly $25 per share this week following the company's WWDC 2026 keynote, though a wave of upward analyst price target revisions suggests Wall Street's longer-term view of Apple remains constructive. According to Tech Times, AAPL hit an all-time intraday high of around $317.40 on June 8 during the unveiling of Siri AI, before reversing to close at $301.54, down 1.89%. The slide continued over the following... Read more ›
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The Information
Two members of Congress released a sweeping discussion draft for an AI regulatory framework on Thursday, proposing a bipartisan federal approach ahead of November’s midterm elections. Led by Reps. Jay Obernolte (R-Calif.) and Lori Trahan (D-Mass.), the bill represents the latest Congressional ... Read more ›
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Tech firms ranging from Block to Meta Platforms have announced mass layoffs in the past year, frequently citing AI as allowing them to do more with less people. In a variation on that approach Snowflake says it used layoffs to force software engineers to use AI tools and become more productive.“At the time, my team hated me, but I thought it was a provocative way” to get them to use... Read more ›
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SpaceX, planning the largest initial public offering of all time next week, will already need to raise more cash by next year if private forecasts from analysts at Goldman Sachs come to fruition. SpaceX’s lead bank on the IPO, in aggressive forecasts shared with prospective investors this week, expects the company to burn $120 billion this year and next year combined, and another $230 billion through 2030, as it significantly... Read more ›
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Cybersecurity stocks CrowdStrike and Palo Alto Networks have risen 50% or more this year based on the perception that an AI-driven increase in cyberthreats will make their services all the more important. Yet Rubrik, which also stands to benefit from that trend, is up only 1% so far this year. That lag likely results from investors’ narrow view of what constitutes a cybersecurity firm, and partly because its AI business... Read more ›
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Microsoft CEO Satya Nadella on Thursday rebuked an internal memo that another company executive had written advocating to “make people addicted” to its new AI agent product called Scout. “This is absolutely a non goal! If anything we are doing the exact opposite. We want to make sure AI empowers ... Read more ›
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Cybersecurity and data recovery firm Rubrik reported 39% higher revenue of $387 million for the April quarter, far exceeding what Rubrik had projected for the quarter. Rubrik, which in February released a new software tool to help companies manage intelligence agents, also upped its revenue ... Read more ›
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Airbnb chief executive Brian Chesky is in early stage talks to fund a new AI lab, according to a person with knowledge of the discussions. The lab will aim to develop models with a possible design focus, according to a Bloomberg report. In recent months, Airbnb has made strides to become a more ... Read more ›
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S&P Dow Jones Indices said Thursday it had decided against a proposed rule change that would have made it easier and faster for SpaceX to quickly join the S&P 500 and other indices after it goes public. The group’s index committee had been considering a series of changes that would have ... Read more ›
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For most of this decade, venture capital has morphed from a game of spotting the best young startups to making a more complex range of investments—from public stocks and cryptocurrencies to multibillion-dollar bets on older startups. General Catalyst even bought a hospital system!But industry stalwart Benchmark had held fast to a definition of VC that was more common when the firm was founded two decades ago. As Thrive, Andreessen Horowitz... Read more ›
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Elon Musk and Sam Altman don’t often see eye to eye, as they made clear in their recent legal dispute. But when it comes to making outlandish projections about future growth, the two men seem to share a common philosophy.As we reported earlier on Thursday, SpaceX’s lead bank on its upcoming IPO, Goldman Sachs, has told investors it expects SpaceX’s revenue to hit $474 billion by 2030, from $18.7 billion... Read more ›
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11.06.2026 12:26
Last update: 12:21 EDT.
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