China’s AI ecosystem is trying to intensify its push to meet and surpass leading US models. ByteDance is reportedly developing an AI model rivaling Anthropic’s most advanced Mythos system, and DeepSeek is touting its efforts to build a challenger to Claude Code. Meanwhile, as Beijing attempts to erect a firewall ...
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Chipmaker CXMT becomes China’s most valuable companyChipmaker CXMT becomes China’s most valuable company
Chinese chipmaker CXMT overtook Tencent on Thursday to become the country’s most valuable company, as memory makers surf a tidal wave of AI-fueled demand. The changeover occurred after Tencent, itself a CXMT customer, reported it had doubled its quarterly AI spending, worrying investors; Tencent has invested heavily in AI but ...
US develops cheaper drones in arms shiftUS develops cheaper drones in arms shift
The US has lost upwards of 25% of its Reaper drones during the Iran war, The Washington Post reported Thursday, as the conflict taxes diminishing American stockpiles. Costing up to $50 million each, the slow, low-flying drones present easy pickings, and represent something of a bygone era. The Pentagon is ...
Houthis claim strikes on Saudi refineryHouthis claim strikes on Saudi refinery
Yemen’s Houthi rebels claimed new attacks on a Saudi Arabian oil refinery Thursday, as the US-Iran war threatened to expand further. The strikes could impact the kingdom’s efforts to maintain shipping volumes amid ongoing disruptions in the Strait of Hormuz, Bloomberg reported. Riyadh is weighing support for a new ground ...
Multiple fires destroy homes and cause devastation in West MidlandsMultiple fires destroy homes and cause devastation in West Midlands
The region’s fire chief says the service took thousands of 999 calls across “one of the most significant” incidents in its history. ...
Israeli troops force families from homes amid settler terror campaign in West BankIsraeli troops force families from homes amid settler terror campaign in West Bank
Former PM of Israel calls events ‘concerted and meticulous attempt at ethnic cleansing’ against Palestinians Israeli troops have forced two Palestinian families to leave their besieged West Bank homes, the day after a top Israeli commander personally promised he would end a violent settler campaign to drive them out. Israeli ...
Watch: Houses engulfed in flames across StourbridgeWatch: Houses engulfed in flames across Stourbridge
Multiple fires burned across the West Midlands and destroyed homes there. ...
What the LA Lakers ‘firesale’ says about sports investingWhat the LA Lakers ‘firesale’ says about sports investing
Liz’s view There’s always money in the sports team. Mark Walter controls a vast financial empire and is under federal investigation for undisclosed related-party transactions between its interlocking parts. Unwinding those transactions will require him to raise billions of dollars. Most people in that situation would look to sell their ...
Africa’s Amazon turns to World Bank for shock absorberAfrica’s Amazon turns to World Bank for shock absorber
The News A fresh cash injection from the World Bank’s private investment arm will help Africa’s largest ecommerce vendor absorb shocks spurred by ongoing geopolitical crises in the Middle East and meet profit targets over the next year, the company’s chief executive told Semafor. New York-listed Jumia raised $50 million ...
‘600 pages of deep pleasure’‘600 pages of deep pleasure’
by Philip Hensher. In this historical telling of an art form that’s seen a slow decline in popularity, Hensher details the evolutionary scramble that motivated writers and publishers to do justice to the medium’s name: find something . Hensher rehashes centuries of publishing-house drama with an investigative eye, evaluating famous ...