Russia’s Sberbank wants Chinese chips for its GigaChat AI in the face of Western sanctions — faces a long wait behind ByteDance and Alibaba

CEO German Gref didn’t specify which Chinese chips Sberbank is interested in, but the most likely candidate is Huawei’s Ascend 950 family.
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Intel kicks off development on next-decade 10A and 7A process technologies — 14A node remains on track for critical October PDK release

Intel says its 14A process technology is on track for high-volume manufacturing in 2029, 10A and 7A to follow in the 2030s.
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China banned Nvidia 5090D V2 while CEO Jensen Huang was in town, report claims — move comes as Beijing pushes its AI tech companies to use homegrown chips

The RTX 5090D V2 GPU Nvidia specifically built for China to comply with U.S. export controls just received the ban hammer from Beijing. Although this GPU is primarily designed for gaming and 3D animation, it’s also powerfu…

Hacker group hits 3,800 internal GitHub repositories via poisoned developer plugin — TeamPCP claims source code theft and attempts $50,000 sale, employee installed malicious VS Code extension

GitHub has confirmed a breach involving roughly 3,800 internal repositories after an employee device was compromised through a malicious VS Code extension. The TeamPCP hacker group claims it stole internal source code and …

Lisa Su meets China’s vice premier during China visit — AMD CEO pledges deeper investment days after Trump-Xi summit

AMD CEO Lisa Su met with Chinese Vice Premier He Lifeng at the Great Hall of the People in Beijing on Monday, pledging further investment and expanded operations in what she calls “the world’s most dynamic AI ecosystem.”
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Pizza Hut’s AI delivery system cooks up $100 million franchisee lawsuit — deliveries allegedly shot from under 30 minutes to over 45 under new system

Pizza Hut’s AI delivery system allegedly cost one franchisee $100 million in lost business, resulting in a spicy lawsuit to recover the lost dough.
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SMIC founder and AMEC CEO urge Chinese fabs to test domestic chipmaking tools on active production lines — equipment makers post record revenue but falling margins

China’s semiconductor equipment vendors collectively posted record revenues in 2025, but profitability is under pressure from domestic price competition.
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Physical attacks against crypto holders, including kidnap and assault, up 75% in 2025 — 72 confirmed incidents see $41 million lost, real number likely higher

Large cryptocurrency holders are increasingly being targeted by criminals as large wallets are traced back to their owners. Because of this, many firms and individuals are now investing in physical security and bodyguards,…

Standard Chartered plans to cut 7,000 jobs in AI push — lender wants to replace ‘lower-value human capital’ and focus on automation

Standard Chartered says that it will trim a huge number of positions from its back offices in a bid to increase automation.
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