Huawei recently told some clients
Sources: Huawei recently told some clients that a large share of its upcoming flagship, Ascend 960DT, will run largely on HBM made by Samsung and SK Hynix
TL;DRHuawei's new flagship chip will rely heavily on memory from Samsung and SK Hynix, bypassing U.S. export restrictions.
Why it matters: Shows how chip sanctions leak through foreign suppliers, limiting U.S. leverage over China's AI capabilities.
Salesforce announces plans to acquire Cresta, a provider of AI-powered
TL;DRSalesforce is buying Cresta, an AI contact center software company, for $2.7 billion.
Google takes Dreambeans to India in bid to bring AI-generated personal
TL;DRGoogle's AI story generator now works in 13 Indian languages.
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Apple may try to increase revenue by doing…something with third-party
Apple exploring ways to make money from third-party AI apps on its platform.
John Ternus says Apple expects memory costs
Apple is stocking up on memory chips ahead of expected price increases through year-end.
Blackstone, Pimco Chiefs Debate the Perils of AI Boom
Finance leaders question if credit markets can handle massive AI infrastructure spending.
BYD Sold More EVs Last Month Than the US Did All Quarter
BYD sold 490K EVs in October, more than US quarterly output.
Wall Street Chiefs See Robust Demand for Massive AI Deals
Wall Street expects $15 trillion in AI infrastructure spending over ten years.
Nvidia’s Huang Gave Blessing to Marvell-Lumentum Megadeal
Nvidia CEO approved a $103B merger between Marvell and Lumentum chip makers.
Larridin, which helps companies track how AI affects employee output
Startup Larridin raised $30M to help companies measure AI's impact on worker productivity.
State Street CEO Says It’s ‘Hard to See’ AI
Major bank CEO says AI investments seem justified by actual demand, not hype.
Tech Firms Dismantle Botnet That Turned 1.3M TV Boxes Into Proxies
Google and partners shut down a botnet using 1.3M hacked TV boxes for proxy fraud.