Madeleine Ngo / New York Times:
SIA and Boston Consulting Group: the US will triple its domestic chip manufacturing capacity by 2032, boosting its global chip making share to 14% from 10% now — The United States will triple its domestic chip manufacturing capacity by 2032, the largest increase in the world …
UK neobank Monzo raised $190M at a $5.2B valuation, up from $5B in March 2024 after raising $430M, and plans to use the funds for its international expansion (Ryan Browne/CNBC)
Ryan Browne / CNBC:
UK neobank Monzo raised $190M at a $5.2B valuation, up from $5B in March 2024 after raising $430M, and plans to use the funds for its international expansion — Monzo CEO TS Anil. — British neobank Monzo said Wednesday that it’s raised another $190 million, lifting the total it’s raised so far this year to $610 million.
Analysis: Asia Pacific data center deals, which have totaled $840.47M in 2024, or 50%+ of the global total so far, are set to surpass 2023’s $3.45B record high (Reuters)
Reuters:
Analysis: Asia Pacific data center deals, which have totaled $840.47M in 2024, or 50%+ of the global total so far, are set to surpass 2023’s $3.45B record high — Global private equity investors and asset managers are readying for billions of dollars worth of M&A and investments linked …
OpenAI built the gpt2-chatbot, renamed to “im-also-a-good-gpt-chatbot”, per the gpt2-chatbot’s 429 rate limit error message, which appeared in the LMSYS arena (Simon Willison/Simon Willison’s Weblog)
Simon Willison / Simon Willison’s Weblog:
OpenAI built the gpt2-chatbot, renamed to “im-also-a-good-gpt-chatbot”, per the gpt2-chatbot’s 429 rate limit error message, which appeared in the LMSYS arena — gpt2-chatbot confirmed as OpenAI (via) The mysterious gpt2-chatbot model that showed up in the LMSYS arena a few days ago …
The UK is investigating “potential failings” at IT contractor SSCL, which was breached by suspected Chinese hackers to expose payroll records for 272K people (Financial Times)
Financial Times:
The UK is investigating “potential failings” at IT contractor SSCL, which was breached by suspected Chinese hackers to expose payroll records for 272K people — Grant Shapps announces investigation into attack by ‘malign actor’ that targeted up to 270,000 military personnel records
Filing: Orlando-based lidar manufacturer Luminar says Tesla was its “largest LiDAR customer in Q1”, contributing 10%+ of its revenue, or ~$2.1M for the quarter (Andrew J. Hawkins/The Verge)
Andrew J. Hawkins / The Verge:
Filing: Orlando-based lidar manufacturer Luminar says Tesla was its “largest LiDAR customer in Q1”, contributing 10%+ of its revenue, or ~$2.1M for the quarter — Elon Musk previously dismissed the laser sensor as a ‘crutch’ and said that any company relying on lidar to power self-driving was ‘doomed.’
An investigation finds a vast web of fake shops run from China touting designer brands that duped 800K+ people in Europe and the US into sharing personal data (The Guardian)
The Guardian:
An investigation finds a vast web of fake shops run from China touting designer brands that duped 800K+ people in Europe and the US into sharing personal data — Exclusive: Vast web of fake shops touting designer brands took money and personal details from 800,000 people in Europe and US, data suggests
Samsung Electronics’ medical device unit Samsung Medison plans to acquire Paris-based Sonio, which makes AI-powered ultrasound workflows software, for ~$92.7M (Kate Park/TechCrunch)
Kate Park / TechCrunch:
Samsung Electronics’ medical device unit Samsung Medison plans to acquire Paris-based Sonio, which makes AI-powered ultrasound workflows software, for ~$92.7M — Samsung Medison, a medical device unit of Samsung Electronics that specializes in developing diagnostic imaging devices …
Sources: Intel is partnering with 14 Japanese companies to develop tech by 2028 to automate the largely manual “back-end” chipmaking processes like packaging (Nikkei Asia)
Nikkei Asia:
Sources: Intel is partnering with 14 Japanese companies to develop tech by 2028 to automate the largely manual “back-end” chipmaking processes like packaging — Tie-up aims to mitigate geopolitical risks in ‘back-end’ production — TOKYO — Intel will partner with 14 Japanese companies …
Internal memo: Shein tells staff that the company is stepping up efforts to keep products made with forced labor off its platform, citing tougher US enforcement (Jing Yang/The Information)
Jing Yang / The Information:
Internal memo: Shein tells staff that the company is stepping up efforts to keep products made with forced labor off its platform, citing tougher US enforcement — China-founded fashion giant Shein told employees it is stepping up its efforts to keep products made with forced labor off its site …
