Europe’s Most Valuable AI Startup Now, Thanks to €1.3 Billion Investment
ASML invested €1.3B in Mistral AI’s Series C, becoming top shareholder and lifting the startup’s value to €10B, Europe’s largest AI firm.
Category APAC
Auto Added by WPeMatico
US Tightens Chip Controls, Revokes TSMC’s China Export Privileges
The US has removed TSMC’s Nanjing waiver, requiring new export licenses. Delays may hit output as Washington tightens controls on China’s chip supply.
Xi Jinping Uses SCO Stage to Push AI Cooperation, Challenge Western Dominance
Chinese leader promoted “true multilateralism” at the SCO summit in Tianjin, framing the bloc as a counterweight to Western dominance.
Shoppers Face Higher Import Costs Starting Today: ‘Every Shipment Subject to Duties’
All shipments to the US now face duties, with the White House ending exemptions to curb fentanyl, close trade loopholes, and reduce deficits.
Anthropic Warns of AI-Powered Cybercrime in New Threat Report
Anthropic’s August report reveals hackers, North Korean operatives, and state actors misused its Claude AI for extortion, fraud, and espionage.
Salt Typhoon Cyber Spies Breached 80+ Nations, FBI Warns
Salt Typhoon hackers bypassed smash-and-grab tactics, infiltrating routers and surveillance systems to steal sensitive data and evade detection.
US Government Secures 10% Stake in Intel in an Unprecedented Deal
Intel warned shareholders that the government’s stake could lead to "adverse reactions" from international customers, investors, and business partners.
US Government May Divert $2 Billion From CHIPS Act to Minerals
The alleged conversations around pouring more money into minerals come shortly after the government invested in a rare earth metals company.
NVIDIA CEO Dismisses Chip Security Allegations as China Orders Firms to Halt Purchases
NVIDIA is also reportedly working on a new AI chip for customers in China that outperforms the company’s H20.
NVIDIA and NSF Partner to Build Fully Open AI Models for Science
The National Science Foundation and NVIDIA are investing $152 million in an open-source AI initiative led by Ai2, delivering reproducible AI models to accelerate scientific discovery and reshape enterprise IT strategies.
