Saritha Rai / Bloomberg:
Mumbai-based Qure.AI, which uses AI to help identify and manage critical diseases at 3K+ imaging sites, raised a $65M Series D led by Lightspeed and 360 ONE — It plans to use the proceeds to expand in the US and other markets, improve its generative AI foundation models and fund acquisitions.
Sources: Xiaomi asked India to recall its report that found the company and Walmart’s Flipkart breached competition laws, saying it contains commercial secrets (Aditya Kalra/Reuters)
Aditya Kalra / Reuters:
Sources: Xiaomi asked India to recall its report that found the company and Walmart’s Flipkart breached competition laws, saying it contains commercial secrets — China’s Xiaomi (1810.HK) has asked India’s antitrust body to recall its report that found the company and Walmart’s Flipkart …
The US and India announce plans for a new chip plant in India, producing infrared, gallium nitride, and silicon carbide chips, as Narendra Modi visits the US (Swati Gupta/Bloomberg)
Swati Gupta / Bloomberg:
The US and India announce plans for a new chip plant in India, producing infrared, gallium nitride, and silicon carbide chips, as Narendra Modi visits the US — – Plant to manufacture chips including infrared, gallium nitride — Narendra Modi is visiting the US for the annual Quad summit
Samsung plans to invest $1.8B to build a factory in northern Vietnam to make OLED displays for cars and tech equipment; Samsung has invested $22.4B in Vietnam (Phuong Nguyen/Reuters)
Phuong Nguyen / Reuters:
Samsung plans to invest $1.8B to build a factory in northern Vietnam to make OLED displays for cars and tech equipment; Samsung has invested $22.4B in Vietnam — South Korean electronic manufacturer Samsung Display Co plans to invest $1.8 billion for a factory this year in northern Vietnam …
Similarweb: daily X users in the UK fell from 8M in May 2023 to 5.6M now, with 33%+ of the fall coming after the summer riots; US DAUs fell by ~20% in that time (Jemima Kelly/Financial Times)
Jemima Kelly / Financial Times:
Similarweb: daily X users in the UK fell from 8M in May 2023 to 5.6M now, with 33%+ of the fall coming after the summer riots; US DAUs fell by ~20% in that time — The great migration from Elon Musk’s X has seen users, especially progressives, retreat into one particular silo
The FBI arrests and charges two people in Miami over a conspiracy to steal and launder 4,100+ bitcoin, worth $230M+, using crypto exchanges and mixing services (Sergiu Gatlan/BleepingComputer)
Sergiu Gatlan / BleepingComputer:
The FBI arrests and charges two people in Miami over a conspiracy to steal and launder 4,100+ bitcoin, worth $230M+, using crypto exchanges and mixing services — Two suspects were arrested in Miami this week and charged with conspiracy to steal and launder over $230 million …
Legacy carmakers struggle to keep pace as the focus shifts from engines to computing power; only Ford, GM, and BMW are in Gartner’s digital performance top 10 (Financial Times)
Financial Times:
Legacy carmakers struggle to keep pace as the focus shifts from engines to computing power; only Ford, GM, and BMW are in Gartner’s digital performance top 10 — Legacy carmakers have struggled to keep pace as the focus has turned from the engine to computing power
AI copilots are evolving into AI agents designed to take actions on behalf of users, as business software companies experiment with ways to sell generative AI (Financial Times)
Financial Times:
AI copilots are evolving into AI agents designed to take actions on behalf of users, as business software companies experiment with ways to sell generative AI — Microsoft, Salesforce and Workday latest to centre their plans on ‘AI agents’ as technology advances
Behind Bot Farm Corporation, a Siberia-based operation that raked in millions of dollars by deploying advanced poker-playing AI software across gambling sites (Kit Chellel/Bloomberg)
Kit Chellel / Bloomberg:
Behind Bot Farm Corporation, a Siberia-based operation that raked in millions of dollars by deploying advanced poker-playing AI software across gambling sites — # How a card-playing # Siberian AI outsmarted # the world’s brightest — # researchers and # raked in millions
In an event that raised $27M, Kamala Harris vowed to help grow investments in AI and crypto, her first comments on crypto as the Democratic presidential nominee (Jennifer Epstein/Bloomberg)
Jennifer Epstein / Bloomberg:
In an event that raised $27M, Kamala Harris vowed to help grow investments in AI and crypto, her first comments on crypto as the Democratic presidential nominee — – Vice president says she’ll encourage ‘innovative technologies’ — Fundraiser at Cipriani Wall Street venue raises $27 million
