Ingrid Lunden / TechCrunch:
London-based Tessl, which is building an AI to write and maintain code, raised $125M across seed and Series A, sources say at a $500M+ post-money valuation — Many startups and larger tech companies have taken a crack at building artificial intelligence to code software.
How Grab built GrabMaps by using data from drivers, users, and merchants in 500+ Southeast Asian cities, adding 800,000+ km of missing roads to OpenStreetMap (Michelle Anindya/Rest of World)
Michelle Anindya / Rest of World:
How Grab built GrabMaps by using data from drivers, users, and merchants in 500+ Southeast Asian cities, adding 800,000+ km of missing roads to OpenStreetMap — The super-app uses its own drivers and cameras to create hyperlocal maps in eight countries. — • JAKARTA, INDONESIA
A look at “blind box livestreaming”, an e-commerce trend in China that has become an entertaining and, some users and experts said, addictive pastime (New York Times)
New York Times:
A look at “blind box livestreaming”, an e-commerce trend in China that has become an entertaining and, some users and experts said, addictive pastime — How many plastic trinkets would you end up with? The game keeps many addicted, buyers and spectators alike.
How the rise of automation in manufacturing across China, the largest market for industrial robots, is forcing the country’s manufacturing workforce to adapt (Eleanor Olcott/Financial Times)
Eleanor Olcott / Financial Times:
How the rise of automation in manufacturing across China, the largest market for industrial robots, is forcing the country’s manufacturing workforce to adapt — Crouched around a whirring machine on the upper floor of Zongwei’s factory in Suzhou, a group of engineers puts China’s next generation …
A look at Vietnam’s expansion in the $95B chip packaging industry; report: the country is expected to have 8%-9% of the global share by 2032, up from 1% in 2022 (Francesco Guarascio/Reuters)
Francesco Guarascio / Reuters:
A look at Vietnam’s expansion in the $95B chip packaging industry; report: the country is expected to have 8%-9% of the global share by 2032, up from 1% in 2022 — Foreign companies are expanding capacity in Vietnam for testing and packaging chips while domestic firms are eyeing investments …
Q&A with Spotify Co-President and CTO Gustav Söderström on AI-generated music, NotebookLM podcasts, AI recommendations, improving discoverability, and more (Alex Kantrowitz/Big Technology)
Alex Kantrowitz / Big Technology:
Q&A with Spotify Co-President and CTO Gustav Söderström on AI-generated music, NotebookLM podcasts, AI recommendations, improving discoverability, and more — Spotify’s Gustav Söderström talks about AI music, Notebook LM podcasts, and the nuance of building better discovery using LLMs.
Foxconn reports Q3 revenue up 20% YoY to a record ~$57.01B, net income of ~$1.5B vs. ~$1.408B est., and expects half of its server orders in 2025 to be for AI (Jane Lanhee Lee/Bloomberg)
Jane Lanhee Lee / Bloomberg:
Foxconn reports Q3 revenue up 20% YoY to a record ~$57.01B, net income of ~$1.5B vs. ~$1.408B est., and expects half of its server orders in 2025 to be for AI — – Company expects half of its server orders in 2025 to be for AI — Sees sales growing in the current period relative to last year
Nvidia B200 GPU and Google Trillium TPU debut on the MLPerf Training v4.1 benchmark charts; the B200 posted a doubling of performance on some tests vs. the H100 (Samuel K. Moore/IEEE Spectrum)
Samuel K. Moore / IEEE Spectrum:
Nvidia B200 GPU and Google Trillium TPU debut on the MLPerf Training v4.1 benchmark charts; the B200 posted a doubling of performance on some tests vs. the H100 — The Nvidia B200 and Google Trillium debut on the MLPerf benchmark charts — Samuel K. Moore is IEEE Spectrum’s semiconductor editor.
Nvidia says Jetson Thor, a computer first unveiled in March 2024 and designed for testing humanoid robot software, will be available in the first half of 2025 (Yang Jie/Wall Street Journal)
Yang Jie / Wall Street Journal:
Nvidia says Jetson Thor, a computer first unveiled in March 2024 and designed for testing humanoid robot software, will be available in the first half of 2025 — The company is targeting a fragmented market of robot makers — Nvidia is set to bring its new technology for powering humanoid robots …
Sources: the UK Treasury is planning to introduce legislation on stablecoins and staking; the FCA says it plans to publish a crypto regulatory roadmap “shortly” (Bloomberg)
Bloomberg:
Sources: the UK Treasury is planning to introduce legislation on stablecoins and staking; the FCA says it plans to publish a crypto regulatory roadmap “shortly” — – Government to introduce legislation on stablecoins, staking — UK faces industry pressure for clarity as US, EU set pace
