Higgsfield Raises $400 Million as AI Video Ads Catch On
Higgsfield, a startup that generates advertising video from text prompts, said on Aug. 17 it closed a $400 million Series B round led by DST Global, valuing the company at…
Thrive Capital’s First Letter Warns of AI Hype While Trimming OpenAI
NEW YORK — Joshua Kushner’s first formal letter to investors reads like the note of a man who has seen the top of the market before. Thrive Capital, the venture…
DeepMind Shows AI Can Learn Persuasion Without Being Taught
LONDON — The model was not instructed to manipulate anyone. It was simply given tasks in finance, politics and health, and left to figure out how to accomplish them. What…
OpenAI’s Giant Data Center Drops Water-Cooling Plan as AI’s Resource Bill Grows
A 612-megawatt data center, one of the largest artificial intelligence facilities in the world, has abandoned its planned water-recycling cooling system. The Star reported on August 16 that the OpenAI…
Meta Sets Up $1 Billion Fund for the Towns That Host Its Data Centers
The towns that host Meta’s data centers are getting a check. The company said this week it will set up a $1 billion fund to support community projects near its…
Sony to Sell New PlayStation Games Only in Digital Form From 2028
Sony said that starting in January 2028, new games for its PlayStation consoles will be released only in digital form, a decision the company has now posted prominently on its…
Google Overtakes Naver in South Korea Search for the First Time
Google’s share of South Korea’s search market has overtaken local champion Naver for the first time, according to Aju Press, a first in a market long considered the toughest test…
Google Play Adds Venmo, Opening App Store Payments
MOUNTAIN VIEW, Calif.–For a decade, buying apps on Google Play meant paying with a Google account: credit cards, carrier billing, and Google Pay were the options, and developers grumbled about…
TSMC Revives Longtan for 1.4nm Fabs and a CoWoS Hub
The land on the outskirts of Longtan, a district in Taoyuan in northern Taiwan, spent three years as a symbol of what happens when a government refuses to accept a…
TSMC Sits on $1 Billion in Finished Apple Chips as DRAM Shortage Bites
Inside TSMC’s fabs, the work is done. The 2-nanometer chips Apple ordered are manufactured, tested and packed, worth roughly $1 billion, or about NT$32 billion. And there they sit, because…
