Monthly Archives: June 2025

Involution or evolution? China wants to stop the EV price war, but analysts are doubtful

There’s a buzzword in China to describe excessive competition, in a race to the bottom: nei juan, or “involution.”

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British fintech Wise to move primary listing to the U.S. in blow to London stock exchange

“This would allow Wise’s shares to trade on both a US stock exchange and the LSE,” Wise said Thursday.

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Alphabet CEO Sundar Pichai dismisses AI job fears, emphasizes expansion plans

In a Bloomberg interview tonight, Alphabet CEO Sundar Pichai pushed back against concerns that AI could eventually make half the company’s 180,000-person workforce redundant. Instead, Pichai stressed the company’s commitment to growth through at least next year. “I expect we … Continue reading

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North America takes the bulk of AI VC investments, despite tough political environment

Despite what some experts have characterized as an environment increasingly hostile to AI R&D, North America continues to receive the bulk of AI venture dollars, according to data from investment tracker PitchBook. Between February and May of this year, VCs … Continue reading

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After Trump pulled NASA nomination, Musk ally Jared Isaacman says stint in politics was ‘thrilling’

Shift4 founder Jared Isaacman, who had been President Trump’s pick to run NASA, told investors in a letter on Wednesday that he’s giving up his CEO role.

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Stores open at midnight as fans rush to buy Nintendo Switch 2

One retailer says it’s the “biggest gaming pre-order ever” – but there questions over whether high prices will dent sales.

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Court denies Apple appeal in Epic Games case, keeping App Store changes in place

Developers including Amazon and Spotify have been able to update their apps to avoid Apple’s 15% to 30% commission.

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Amazon’s R&D lab forms new agentic AI group

The new group will help develop an agentic AI “framework” for use in its robotics operations, an application often referred to as “physical AI.”

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Uber adds Palo Alto CEO Nikesh Arora to its board after executive shakeup

Nikesh Arora, the CEO of Palo Alto Networks, is joining the board of Uber. Prior, he was COO of Softbank and also held positions at Google and T-Mobile.

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Hugging Face says its new robotics model is so efficient it can run on a MacBook

It’s becoming a little easier to build sophisticated robotics projects at home. Earlier this week, AI dev platform Hugging Face released an open AI model for robotics called SmolVLA. Trained on “compatibly licensed,” community-shared datasets, SmolVLA outperforms much larger models … Continue reading

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