Economy / Markets
SpaceX reported $14.6bn of third-quarter revenue and $4.4bn of net income, reversing a $1bn loss a year earlier, with its Super Intelligence unit — Grok, the Cursor coding tool and a 1.7GW neocloud — contributing $7.5bn, or 52% of the top line.
By News Desk · Edited by Editorial Desk
Sources TechCrunch
AI
The Department of Homeland Security has ordered federal civilian agencies to stop buying DeepSeek products and remove them from government IT, extending restrictions that until now covered intelligence systems.
By News Desk · Edited by Editorial Desk
Sources TechCrunch
AI
Anthropic is circulating draft legislation that would let registered independent evaluators flag a model posing a foreseeable, imminent risk of killing more than 50 people or causing over $1bn of property damage, with 72 hours to notify the Commerce Department, which would then have to ask a judge to halt distribution.
By News Desk · Edited by Editorial Desk
Sources TechCrunch
AI
Google has released TorchTPU as an open-source project that moves PyTorch applications onto its tensor processing units with a configuration change rather than a rewrite, a day after Amazon published TorchNeuron for its Trainium chips.
By News Desk · Edited by Editorial Desk
Sources TechCrunch
Economy / Markets
Brent fell about 1% to $108.44 by late morning in New York after touching $111.99, its highest in five months, as traders weighed Houthi claims of attacks on Saudi energy and airport sites against a meeting between Iran's president and Pakistan's army chief, a US-Iran mediator.
By News Desk · Edited by Editorial Desk
Sources Reuters via MarineLink
Economy / Markets
The Dow rose 547.95 points, or 1.05%, to 52,513.98 on Tuesday while the S&P 500 added 0.31% to 7,714.52 and the Nasdaq slipped 0.03% to 26,421.84. Healthcare hit a record high, led by Eli Lilly, UnitedHealth, Merck and Amgen, while defensive sectors and the Russell 2000 outperformed and energy fell with oil.
By News Desk · Edited by Editorial Desk
Sources Reuters via Kitco News
Football
Liverpool beat Villarreal 4-3 to make it three wins from three in the league phase after trailing 2-0 inside half an hour, with Georges Mikautadze and Sergi Cardona punishing slack defending.
By News Desk · Edited by Editorial Desk
Sources ESPN
Football
Phil Foden scored three times as Manchester City beat AEK Athens 5-1 to get their league phase back on track after the defeat in Paris. Elliot Anderson's first City goal and a Rayan Cherki finish completed the scoring, with Stavros Pilios replying for the visitors just after half-time.
By News Desk · Edited by Editorial Desk
Sources The Guardian · Sky Sports
Football
Scott McTominay scored twice, his first goals since surgery for an irregular heartbeat, as Napoli beat Bodø/Glimt 4-3 for their first win of this league phase and Massimiliano Allegri's first in the competition with the club.
By News Desk · Edited by Editorial Desk
Sources SSC Napoli · The Guardian
Technology
AMD will fold its ZenDNN optimisations into oneDNN, the open-source deep-learning library, under an agreement with Intel that both companies say gives developers a single place to find CPU acceleration for PyTorch across x86 chips.
By News Desk · Edited by Editorial Desk
Sources AMD Newsroom
Technology
A Japanese group led by NTT Innovative Devices has won NEDO backing to develop mass-production technology for devices that connect chips with light, aiming at a tenfold or better productivity improvement over research-stage processes.
By News Desk · Edited by Editorial Desk
Sources International Business Times Japan
Technology
Tenstorrent has raised $1.5bn at a $6.2bn valuation, more than doubling the $2.6bn it carried in late 2024, in a round led by Trace Capital and Innovation X with Cadence Ventures, Fidelity, SanDisk and T.
By News Desk · Edited by Editorial Desk
Sources TechCrunch
Technology
At its global innovation conference Chery showed a Ziwei chip family: C-series central computing, S-series silicon carbide and M-series vehicle control. It says a dual-NPU configuration of the C100 reaches 2,400 TOPS with 600GB/s of memory bandwidth for on-device physical AI, and that its eight-inch silicon carbide wafers are in mass production with costs down more than 30%.
By News Desk · Edited by Editorial Desk
Sources TechNode
AI
OpenAI has acquired Orchestra Bio, a four-year-old startup whose agents handle operational work for biotech companies such as clinical-trial scheduling and finance tracking.
By News Desk · Edited by Editorial Desk
Sources TechCrunch
AI
Sensor Tower puts Meta's AI assistant at 10.2m US downloads in its first 40 days, a pace only 11 other apps have reached, and says seven-day retention of 30% beats ChatGPT, Claude and Grok.
By News Desk · Edited by Editorial Desk
Sources TechCrunch