South Korea announces over $23 billion for chip sector as Trump tariffs on semiconductor imports loom

The 33 billion won figure was about a quarter more than the 26 trillion committed last year.

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RLWRLD raises $14.8M to build a foundational model for robotics

As robotics has advanced, industry has steadily adopted more robots to automate away many kinds of grunt work. More than 540,000 new industrial robots were installed worldwide in 2023, taking the number of total industrial robots active to above 4 million, per IFR. Industrial robots typically excel at repetitive tasks, but they find it challenging […]

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Microsoft AI CEO: ‘It’s Smarter to Be 6 Months Behind’ — Here’s Why

Microsoft’s AI chief says trailing the frontier is a smarter strategy. By staying behind OpenAI, Microsoft aims for cost-efficiency and long-term self-sufficiency.

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A Cybersecurity Professor Disappeared Amid an FBI Search. His Family Is ‘Determined to Fight’

The abrupt firing of Xiaofeng Wang and his wife from Indiana University last month shocked the academic community and is stoking fears that Chinese-born scholars are being targeted.

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Debates over AI benchmarking have reached Pokémon

Not even Pokémon is safe from AI benchmarking controversy. Last week, a post on X went viral, claiming that Google’s latest Gemini model surpassed Anthropic’s flagship Claude model in the original Pokémon video game trilogy. Reportedly, Gemini had reached Lavendar Town in a developer’s Twitch stream; Claude was stuck at Mount Moon as of late […]

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Lime’s scooter and ebike batteries will be recycled by Redwood Materials

Shared micromobility company Lime has reached an agreement to send batteries used in its scooters and e-bikes to Redwood Materials, which will extract and recycle critical minerals such as lithium, cobalt, nickel, and copper. The agreement announced Monday makes Redwood Materials the exclusive battery recycling partner for Lime’s shared scooters and e-bikes located in cities […]

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Online trading platform Webull soars 375% in second day on market after SPAC merger

Webull, which competes with Robinhood, has racked up 23 million users, including some who signed up after receiving stimulus checks.

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Apple regains $3 trillion market cap after Trump exempts tariffs on iPhones

President Donald Trump said on Monday that “he helped Tim Cook,” after his administration late Friday exempted tariffs on phones.

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Rippling is trying to serve Deel’s CEO, but bailiffs can’t find him

HR tech startup Rippling is trying to serve Deel CEO Alex Bouaziz with papers as part of a blockbuster lawsuit against its competitor. There’s just one problem: French bailiffs hired by Rippling can’t seem to find Bouaziz, Irish newspaper Business Post reports. Rippling sued Deel earlier this year in Ireland alleging the company paid one […]

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Some AI Talent ‘In Despair’ Reportedly About Google DeepMind’s Noncompete Rules

Google defends DeepMind’s noncompetes as standard, but critics say they stifle talent in a fast-moving AI race and may push researchers abroad.

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