Deepseek to Build Custom AI Chips to Reduce Dependence on Major Chipmakers Chinese AI startup Deepseek plans custom AI chips for pretrained model use, aiming to reduce reliance on major …
announces
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Politics
Strait of Hormuz: Iran announces preferential passage fees for China, moves to cement control
by Hans Ottoby Hans OttoIran Proposes Fees and Preferential Rates for Passage Through the Strait of Hormuz Iran plans fees and special rates for partners using the Strait of Hormuz as US–Iran talks stall; …
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Politics
German foreign minister condemns Turkish FM remarks on Israel, announces visit
by Hans Ottoby Hans OttoGermany Condemns Hakan Fidan Israel Remarks, Wadephul to Visit Tel Aviv German FM Johann Wadephul condemns Hakan Fidan’s Israel remarks as “completely inappropriate” and will meet Israeli officials to ease …
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Business
OPEC+ announces August oil output increase of 188,000 barrels per day
by Leo Müllerby Leo MüllerOPEC+ Confirms August Oil Production Increase of 188,000 Barrels a Day OPEC+ will raise oil production in August by 188,000 barrels per day, the cartel said, signaling a cautious expansion …
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Business
OPEC+ announces modest August production increase of 188,000 barrels per day
by Leo Müllerby Leo MüllerOPEC+ to Raise Oil Output by 188,000 Barrels per Day in August OPEC+ will expand oil production in August by 188,000 barrels per day, the group announced, a measured increase …
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Technology
Mistral AI announces July open-weight model and €4 billion AI cloud plan
by Helga Moritzby Helga MoritzMistral AI Faces Scrutiny as It Ramps Enterprise Deployments, Infrastructure and an Open-Weight Model Mistral AI clarifies its strategy amid scrutiny, focusing on enterprise deployments, an open-weight model due in …
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Business
Wolt announces German expansion with robot deliveries and drone tests
by Leo Müllerby Leo MüllerWolt expansion in Germany: CEO Marianne Vikkula targets robots, drones and quick-commerce growth Wolt expansion in Germany aims to scale quick-commerce through robot delivery trials, drone tests and Wolt Markets …
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Technology
Startup Battlefield Australia announces July 6 application deadline, finalists to pitch
by Helga Moritzby Helga MoritzStartup Battlefield Australia applications close July 6 with pitch slots at Stripe Tour Sydney Startup Battlefield Australia applications close July 6. Eight startups will pitch at Stripe Tour Sydney on …
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Business
Quantum Systems announces $1.2 billion funding round valued at $8 billion
by Leo Müllerby Leo MüllerQuantum Systems raises $1.2 billion in funding, valuing the German drone maker at $8 billion Quantum Systems raises $1.2 billion, valuing the German drone maker at $8 billion. Funding will …
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Business
Tesla posts 25% Q2 delivery surge to 480,126 and announces Grünheide expansion
by Leo Müllerby Leo MüllerTesla deliveries surge 25% in Q2 to 480,126 vehicles as production rises and Grünheide expands Tesla deliveries jump 25% in Q2 to 480,126 vehicles as production increases and the Grünheide …