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8VC, the venture firm run by Palantir co-founder Joe Lonsdale, raised a $1.5 billion fund—the firm’s seventh and largest—aimed at investing in manufacturing, defense tech and healthcare, Lonsdale announced in a post on X. The Austin-based firm’s fundraise comes 15 months after the firm raised ...
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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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A spiral of escalation risks choking off one of the world's most critical shipping lanes while American casualties climb and diplomatic off-ramps vanish. Read more ›
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OpenAI said on Tuesday that it was adding two new members to its board of directors, Nubank CEO David Vélez and Bank of New York Mellon CEO Robin Vince. “David and Robin are exceptional leaders who have used technology to reshape financial services and expand opportunity at global scale,” Bret ... Read more ›
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Tractor Supply isn't the first name you think of when shopping for name-brand tools, but the retailer has quite a few prominent brands on its shelves. Read more ›
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Today Samsung has announced the Health Assistant, which it bills as the "first fully integrated AI-powered personal health assistant". It is now available in beta for eligible US users of Samsung Health. Samsung promises that the Health Assistant will help you achieve your health and wellness goals by combining important health data with insights that empower you to ask questions about your health and "gain access to rich, personalized health... Read more ›
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Samsung's next Galaxy Unpacked event is just around the corner, and the company is expected to take the wraps off a bunch of new devices. Based on the rumors and leaks we've seen so far, Samsung's next generation of foldables will likely be the stars of the show. Samsung is expected to show off a […] Read more ›
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Data centers are facing massive backlash over water consumption. Discover how Nvidia's new 100% liquid cooling design runs hotter to save resources. Read more ›
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Navy aircraft carriers require the work of thousands of dedicated sailors. While no job on a carrier is ever easy, some are more challenging than others. Read more ›
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Platforms like YouTube and TikTok are navigating the fine line between a fine line between embracing AI and low-quality, machine-generated content. Read more ›
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RTO mandates cite ad-hoc worker collaboration, but workers seem to be turning to AI to answer their questions instead. Read more ›
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The company reportedly plans to team up with Klarna, turning the rising cost of its hardware into another monthly bill. Read more ›
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Who says software is dead? Jack Dorsey’s Block today unveiled a new “collaboration workspace”—software people can use to communicate and work together—which Dorsey says aims to reduce “our dependency on Slack and GitHub.” That’s a bit of a provocative statement from Dorsey, who also co-founded Twitter and therefore knows a thing or two about communication platforms (even if he was a dismal CEO of Twitter). Known as Buzz, the new... Read more ›
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It was reportedly an evaluation that went haywire involving GPT-5.6 Sol, along with another even more advanced OpenAI model. Read more ›
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NASA researchers also tested out the Psyche spacecraft’s other instruments to make sure they were working. Read more ›
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A new bill would ban phone calls on flights. Former flight attendants say it would be good for passengers and crew. Read more ›
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Nintendo argues in a court filing that customers willingly paid the higher prices for consoles and accessories, and aren’t owed any money back. Read more ›
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Anthropic today said Claude Code for desktop has been updated to work with the iOS Simulator, with the integration available in public beta. Claude Code can open in-progress apps in the iOS Simulator pane when it's instructed to build, run, or check an app. Claude can watch the iOS Simulator live as it runs, interact with it, and then iterate until a project is finished. Developers can continue to use... Read more ›
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Working on tight automotive or DIY projects? Discover the five best mini Pittsburgh tools at Harbor Freight that deliver huge utility for pennies. Read more ›
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The Information
Strong revenue growth at DeepSeek is empowering the Chinese open-source AI star to raise its second-funding round of 50 billion yuan ($7.4 billion) and plot a potential public offering in Shanghai next year, according to three people with knowledge of the matter. The three-year-old startup’s annualized revenue reached between $400 million and $500 million recently thanks to sales of cloud-based access to its AI models through an application programming interface,... Read more ›
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DeepSeek’s annualized revenue reached between $400 million and $500 million recently, in a potential boost for the Chinese AI developer’s effort to raise its second funding round, The information reported. DeepSeek’s revenue growth, driven by sales of cloud-based access to its AI models, comes ... Read more ›
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Apple has received key approval in China that paves the way for the release of its Apple Intelligence on-device AI service in the country, as the Chinese internet regulator permitted the Apple AI service, along with six other services, under generative AI rules. Apple worked with Chinese ... Read more ›
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Cursor, the coding startup set to be acquired by SpaceX for $60 billion later this year, has been mapping out a major transformation. Michael Truell, Cursor’s CEO, told staff in a companywide meeting in May that the company aims to become a top-tier AI model developer, according to three people who heard the comments, a shift from its roots of specializing in coding. Cursor has also accelerated hiring in sales... Read more ›
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Apple is on the lookout for acquisitions of chip companies to boost its efforts to build server chips for running AI, said people familiar with the company’s efforts. In recent months, the iPhone maker has talked with bankers about possible deals. It has also approached semiconductor startups to gauge their interest in selling themselves, the people said. Apple’s hunt for chip acquisitions comes as the company struggles with the performance... Read more ›
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Last summer, JPMorgan Chase and Coinbase announced a major partnership to tie crypto into the bank’s banking and credit card offerings. The move marked a key endorsement of the top U.S. crypto firm from the biggest bank in the country. Nearly a year later, none of those features has gone live and the companies haven’t publicly explained the delay. Meanwhile, though the companies have maintained their various partnerships, the backdrop... Read more ›
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Chip toolmaker ASML, which makes equipment that plays a central role in chip production around the world, plans to raise prices, according to four people with knowledge of the discussions. That’s likely to bring ASML into conflict with Taiwan Semiconductor Manufacturing Co., the world’s biggest chipmaker and ASML’s largest customer, which recently complained about ASML’s high prices. TSMC has already begun to push back against ASML’s pricing plans, said two... Read more ›
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To survive a zombie apocalypse, you’d probably want to team up with people who are skilled at medicine, engineering, farming—and your prepper uncle who stockpiles beans. To survive a SaaSpocalpyse, who should you team up with?Suppose for a second that the most extreme version of software disruption comes to pass: a couple years from now, AI coding agents have gotten so good that anyone with a computer has high quality... Read more ›
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Stripe and private equity firm Advent International made an unsolicited joint offer to buy PayPal at $60.50 per share, valuing the company at more than $53 billion, Reuters reported late Tuesday. Stripe and Advent haven’t received a response from PayPal, and there’s no certainty the offer will ... Read more ›
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Longtime Amazon Web Services executive Dave Brown is leaving the cloud provider, AWS chief Matt Garman told staff Wednesday. Brown is going to a “new role outside the company,” Garman said. Brown had been running AWS’ compute and machine learning services, and he also ran the company’s ... Read more ›
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Financial Times
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Tech Wire Asia
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ReadWrite
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21.07.2026 21:45
Last update: 21:30 EDT.
News rating updated: 04:40.
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