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15.07.26 - 20:15
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Alibaba′s Qwen AI Will Be Integrated Into Apple Phones In China Amid Push For Local Models (ZeroHedge)
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Alibaba's Qwen AI Will Be Integrated Into Apple Phones In China Amid Push For Local Models
Apple is starting to take cost-cutting (and Chinese supply chains) very seriously.
Just days after reports that the smartphone giant will use China's DRAM pioneer CXMT (which just priced its IPO) for local memory as a cheaper alternative source to ridiculously overpriced DRAM sourced from the memory cartel triad of Samsung, SK Hynix and Micron, this morning Reuters reported that BABA Qwen AI - much cheaper but just as efficient as most US frontier models - will be integrated into Apple Intelligence in China.
US-listed shares in of Alibaba rose 6% on Wednesday after the company confirmed to CNBC that the Qwen AI model will be integrated into Apple systems in China.
“Qwen will be integrated into Apple Intelligence experiences within iOS, iPadOS, macOS, and visionOS for users in China,” an Alibaba spokesperson told CNBC.
The Cyberspace Administration of China included Apple AI services on a list ...
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15.07.26 - 19:30
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The Trump Administration Presses for More Memory Plants in America: These 3 Stocks Could Be Winners (24/7 Wall St.)
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The Trump administration is pressuring foreign memory chipmakers to expand their U.S. footprint, framing memory as a strategic asset for the AI era. According to a Benzinga report, Commerce Secretary Howard Lutnick has publicly pressed Samsung and SK Hynix, saying they will have “no choice but to follow” Micron Technology's (NASDAQ:MU) domestic expansion, and adding ... The Trump Administration Presses for More Memory Plants in America: These 3 Stocks Could Be Winners...
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15.07.26 - 12:06
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Walden Robotics Launches with $300 Million to Put General-Purpose Robots to Work Today (Business Wire)
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Seed round co-led by Toyota and Deviation Capital values the full-stack Physical AI company at $1.1 billion, with participation from NVIDIA, Boeing, AE Ventures, Samsung Ventures, and other industry leaders.CAMBRIDGE, Mass.--(BUSINESS WIRE)--Walden Robotics, a full-stack Physical AI company building and deploying general-purpose robots that continuously learn and improve while performing real work, launched out of stealth with $300 million in funding. The round, which values the company at $1.1 billion, is co-led by Toyota (Toyota Motor Corp, Toyota Invention Partners, and Toyota Ventures) and Deviation Capital, with participation from NVIDIA, Boeing, AE Ventures, Samsung Ventures, Prologis Ventures, CoreWeave Ventures, and financial partners Calibrate Ventures, Colle Capital, Shine Capital, NextView Ventures, Squarepoint Capital, One Madison Group, KAS Venture Partners, and Menlo Ventures, among others.
Walden deploys robots into real production environments in manufacturing and logistics, doing useful w...
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