Moonshot is chasing a $50bn valuation, and it wants two funding rounds to get there
Moonshot is chasing a $50bn valuation, and it wants two funding rounds to get there

China’s Moonshot AI is raising money at a pace that would make most startups dizzy. The lab should close a round that values it at $31.5 billion in the coming days, Bloomberg reported. It then plans to open another almost immediately, targeting a valua…

Meta to use custom AMD Instinct MI400 accelerators with 144GB of HBM4 for select workloads, report claims — could dramatically reduce cost at the expense of versatility
Meta to use custom AMD Instinct MI400 accelerators with 144GB of HBM4 for select workloads, report claims — could dramatically reduce cost at the expense of versatility

Meta will reportedly use a custom version of AMD’s Instinct MI400-series accelerators with a memory system cut to 144GB of HBM4, allegedly for select workloads only.

US computer-science enrolment just fell for the first time in 20 years
US computer-science enrolment just fell for the first time in 20 years

Computer science was the safe bet. For twenty years, enrolment in the US only went up. In the 2025-26 academic year, it went down. The reversal The finding comes from Jacob Light, an economist at Stanford’s Hoover Institution. Business Insider reported…

Halliday made 2025’s worst smart glasses. Its camera-free comeback is aimed at your meetings.
Halliday made 2025’s worst smart glasses. Its camera-free comeback is aimed at your meetings.

It is rare that a crowdfunded hardware startup gets a second shot at a first impression. Halliday is taking it. The company unveiled the G2 on Tuesday, priced from $499, shipping in September. A brutal first act The original glasses were panned. Engadg…

Washington wants to sanction Chinese AI for ‘theft’. Nvidia’s Jensen Huang says that’s backwards.
Washington wants to sanction Chinese AI for ‘theft’. Nvidia’s Jensen Huang says that’s backwards.

On Tuesday, Treasury Secretary Scott Bessent went on television with a warning for China. On the same day, the chief executive of the company that powers the entire AI boom went the other way. The threat Bessent said the US will scrutinise Chinese open…

Databricks’ cofounder just raised $20M to be the Switzerland of AI compute
Databricks’ cofounder just raised $20M to be the Switzerland of AI compute

The company came out of stealth on Tuesday. The founders built it at UC Berkeley, in the same lab that produced Spark, Databricks, and Anyscale. The team includes Zongheng Yang and Databricks co-founders Ion Stoica and Scott Shenker. The star-studded c…

Over half the music uploaded to Deezer is now AI, and most of it is fraud
Over half the music uploaded to Deezer is now AI, and most of it is fraud

The tide has crossed the halfway mark. Deezer said this week that AI songs made up more than 50% of its June uploads. It is a first for the French streamer. From a trickle to a flood The climb has been steep. Deezer started counting in January 2025, wh…

BlackRock is raising $12bn to build Meta a data centre it will own, lend to, and rent out
BlackRock is raising $12bn to build Meta a data centre it will own, lend to, and rent out

On Monday, JPMorgan and Morgan Stanley began pitching investors on a bond sale of at least $12 billion, as The Wall Street Journal reported. The money will build a Meta data centre in El Paso, Texas. The structure is the story. Who owns what BlackRock …

Google and Ford are funding a push into the trades, the jobs their AI can’t do
Google and Ford are funding a push into the trades, the jobs their AI can’t do

The four companies announced the Alliance for America’s Skilled Trades on Tuesday. The pitch is a labour shortage. The subtext is harder to miss. The number behind it Employers cannot find enough electricians, technicians, and builders. The alliance pu…

A gas-rich outback station could host a $28bn off-grid AI data centre
A gas-rich outback station could host a $28bn off-grid AI data centre

On a cattle station deep in the Northern Territory outback, roughly 683km south of Darwin, a Singapore-headquartered developer wants to build one of the largest data centres in the southern hemisphere. The plan leans on a resource the region has in abu…