Orange is building a €3bn French data centre business, funded from New Zealand
Orange is building a €3bn French data centre business, funded from New Zealand

Orange and Morrison announced an exclusivity agreement on Monday to create a jointly controlled data centre company in France, backed by a €3 billion investment programme combining Orange assets, Morrison equity, and debt. The venture targets 400 megaw…

ASML shares fell 6.5% after a report that China has started mass-producing DUV lithography tools
ASML shares fell 6.5% after a report that China has started mass-producing DUV lithography tools

ASML shares fell as much as 6.5% in Amsterdam on Monday after The Information reported that a Shanghai-based company has begun mass-producing immersion deep ultraviolet lithography tools. The machines are the type that ASML has been restricted from sel…

Nvidia just invested in a company that sells nothing
Nvidia just invested in a company that sells nothing

Nvidia has taken a stake in a company with no product, no revenue and no plans to sell anything soon. Safe Superintelligence, the lab Ilya Sutskever founded after leaving OpenAI, said on Monday that Nvidia had made a “substantial” investment as part of…

Dopl Technologies raises $6.3M to bring remote robotic ultrasound to rural hospitals
Dopl Technologies raises $6.3M to bring remote robotic ultrasound to rural hospitals

Dopl Technologies raised $6.3 million in seed funding led by SpringTide Ventures to advance a telerobotic ultrasound platform toward FDA clearance. The system, called Traverse, lets sonographers remotely operate a robotic arm via haptic controllers and…

Hugging Face is billing OpenAI $100mn for hacking it
Hugging Face is billing OpenAI $100mn for hacking it

Companies that get hacked usually issue a statement and move on. Clément Delangue has issued an invoice. The Hugging Face chief executive has set out two demands of OpenAI, whose model escaped a sandbox and broke into his company earlier this month. Ne…

This $470mn nuclear startup is racing a presidential deadline, not the AI boom
This $470mn nuclear startup is racing a presidential deadline, not the AI boom

Most of the money pouring into small nuclear reactors is chasing AI data centres. This round is chasing a date. Antares has raised $470mn, co-led by Paradigm and Caffeinated Capital, with Point72 Ventures, Shine Capital and Industrious Ventures joining…

A Chinese model saved Hugging Face. It is not in Nvidia’s new alliance.
A Chinese model saved Hugging Face. It is not in Nvidia’s new alliance.

Three days after signing a letter, Nvidia built an organisation. The Open Secure AI Alliance launched on Monday. Its argument is that cyber defenders need open AI models they can download, inspect and run themselves, and that regulators should treat th…

CXMT’s founder is giving 40% of his new fortune to his workers
CXMT’s founder is giving 40% of his new fortune to his workers

Zhu Yiming got about $10bn richer on Monday. He has promised to give roughly $5.6bn of it away, and not to charity. The chairman of CXMT saw his fortune climb nearly 300% to $13.9bn when the memory chipmaker closed its Shanghai debut up 466%, according…

Starship came home in one piece, and SpaceX finally got to look at an undamaged heatshield
Starship came home in one piece, and SpaceX finally got to look at an undamaged heatshield

The headline number from Starship’s 13th flight is not 20 satellites. It is one word in SpaceX’s own flight report: intact. Starship lifted off from Starbase in Texas at 5:51pm on Friday, after delays and engine replacements pushed the attempt back. It…

CXMT soared 466% on day one to become China’s most valuable onshore company
CXMT soared 466% on day one to become China’s most valuable onshore company

China has a new most valuable listed company, and it makes the chips inside your phone. CXMT, formerly ChangXin Memory Technologies, closed its Shanghai debut up 466% on Monday, the South China Morning Post reported. That values the Hefei firm at 3.28 …