The startup, founded by three Harvard dropouts, says its chips and memory stack can speed up AI inference without GPUs, drawing major investor support and a huge valuation.
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UK regulator Ofcom has opened a formal investigation into TikTok over concerns that its age verification system may not be protecting children from harmful content

The day before the World Cup final, key FIFA figures faced a stunning demand to sign off on a multibillion-dollar privatization project
Industry experts told TechCrunch that Kimi K3’s fast improvement is unlikely to be explained by simple distillation from Anthropic’s Fable model alone.

Samsung and SK Hynix shares fell by more than 10% as a sell-off in AI-related stocks intensified, driving South Korea's stock market down amid renewed fears over AI spending and Chinese competition.
Microsoft is reportedly preparing its Maia 300 AI chip for a September reveal, sharpening the race to reduce Big Tech dependence on Nvidia hardware.
SpaceX has completed its acquisition of AI coding company Cursor, giving the developer-tool business access to the space company's large computing infrastructure.
The Office actor Lucy Davis has thanked supporters after revealing that breast cancer diagnosed 18 months ago has spread to her bones.

Spotify plans to identify AI persona artists more clearly and keep them out of some algorithmic recommendations, changing how synthetic music is discovered.
NASA's Nancy Grace Roman Space Telescope has launched from Florida on a mission to study dark energy, dark matter and distant exoplanets.

A media report says Iran is considering an invitation to the Makkah Joint Defence Agreement, but Tehran and the pact's three members have not officially confirmed it.