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Once hailed as an AI visionary, Satya Nadella faces pressure as a compute crunch forces Microsoft to prioritize its own AI products over Azure cloud customers (Ashley Stewart/Business Insider)

Ashley Stewart / Business Insider : Once hailed as an AI visionary, Satya Nadella faces pressure as a compute crunch forces Microsoft to prioritize its own AI products over Azure cloud customers   —  Microsoft went all in on AI.  Is its North Star now a noose?  —  Three years ago, Satya Nadella catapulted Microsoft to the front … from Techmeme https://ift.tt/oKsT8Bq via IFTTT
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CXMT is poised for a debut pop that could lift its market cap several times above its initial ~$85B after raising $9.8B in a hugely oversubscribed Shanghai IPO (Bloomberg)

Bloomberg : CXMT is poised for a debut pop that could lift its market cap several times above its initial ~$85B after raising $9.8B in a hugely oversubscribed Shanghai IPO   —  Investor excitement over the memory chip trade is setting outsize expectations for the Shanghai debut of CXMT Corp. … from Techmeme https://ift.tt/Hn4xJrc via IFTTT
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Elio, which is developing a new type of image sensor designed for AI rather than human vision, raised a $21M Series A led by Innovation Endeavors and Xora (Meir Orbach/CTech)

Meir Orbach / CTech : Elio, which is developing a new type of image sensor designed for AI rather than human vision, raised a $21M Series A led by Innovation Endeavors and Xora   —  Elio's founders, Nadav Grossinger and Nitay Romano, spent seven years developing physical sensing systems at Meta. from Techmeme https://ift.tt/pW6AyZ3 via IFTTT
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A look at China's bid to build an alternative global order in AI by making open models widely available and training people in developing countries to use them (Financial Times)

Financial Times : A look at China's bid to build an alternative global order in AI by making open models widely available and training people in developing countries to use them   —  Beijing makes most ambitious offer yet to build alternative global order  —  China's President Xi Jinping has set … from Techmeme https://ift.tt/xm3YeNX via IFTTT
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China's market regulator says it had fined and confiscated ~$770M from Trip.com for abusing its dominant position in the domestic online hotel-booking market (Reuters)

Reuters : China's market regulator says it had fined and confiscated ~$770M from Trip.com for abusing its dominant position in the domestic online hotel-booking market   —  China's market regulator said on Saturday it had fined and confiscated a total of 5.2 billion yuan ($770 million) from Trip.com Group … from Techmeme https://ift.tt/hrEBfwg via IFTTT
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Cognition acquires the makers of Poke, an AI assistant that users can access via messaging services, in a deal valuing Poke's parent in the "low nine figures" (Sarah Perez/TechCrunch)

Sarah Perez / TechCrunch : Cognition acquires the makers of Poke, an AI assistant that users can access via messaging services, in a deal valuing Poke's parent in the “low nine figures”   —  Poke, the AI assistant you text like a friend, is making its next big move.  The company behind the assistant … from Techmeme https://ift.tt/0bJOzL6 via IFTTT
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Paper, which allows designers to connect directly with production code and the AI agents that create it, raised a $34M Series A led by Accel and ICONIQ (Chris Metinko/Axios)

Chris Metinko / Axios : Paper, which allows designers to connect directly with production code and the AI agents that create it, raised a $34M Series A led by Accel and ICONIQ   —  Paper, a design platform for teams using AI, locked up a $34 million Series A led by Accel and ICONIQ, CEO Stephen Haney tells Axios Pro exclusively. from Techmeme https://ift.tt/1FBgksH via IFTTT
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