The firm that wires AI data centres is chasing Hong Kong’s biggest IPO since Alibaba.
The firm that wires AI data centres is chasing Hong Kong’s biggest IPO since Alibaba.

One of the quiet winners of the AI boom is about to test the public markets. Zhongji Innolight, a Chinese maker of high-speed optical transceivers, has started gauging demand for a Hong Kong listing worth as much as $8bn. The Shenzhen-listed company wo…

Decart’s Lucy 2.5 unlocks new live video effects, but physical AI is the real winner
Decart’s Lucy 2.5 unlocks new live video effects, but physical AI is the real winner

Artificial intelligence startup Decart continues to stretch the boundaries of what’s possible with the release of its latest live video model, Lucy 2.5, introducing real-time streaming visual effects capabilities for the first time. The startup claims …

A British AI lab signed up Nvidia, Meta and Samsung to invent materials that don’t exist yet
A British AI lab signed up Nvidia, Meta and Samsung to invent materials that don’t exist yet

A two-year-old British AI lab wants to build the search engine for materials that do not exist yet. On Monday it gathered an unusual crowd to help. Cambridge-based CuspAI launched the AI Materials Foundry, a coalition of more than 45 companies and rese…

Alibaba says Qwen3.8 is the world’s No.2 AI model. It has shown no proof.
Alibaba says Qwen3.8 is the world’s No.2 AI model. It has shown no proof.

Days after a rival Chinese lab shook Silicon Valley, Alibaba has fired back. The company previewed Qwen3.8, its most powerful model yet, and made a bold claim: it trails only one model on Earth. Alibaba unveiled the model at the World Artificial Intell…

Kimi K3 is so popular Moonshot ran out of GPUs and paused new sign-ups
Kimi K3 is so popular Moonshot ran out of GPUs and paused new sign-ups

Moonshot AI has a problem most startups would envy. Its new Kimi K3 model proved so popular that it ran out of computing power to serve everyone. So the Chinese lab has hit pause on new sign-ups. Over the past 48 hours, demand “pushed close to the limi…

An AI agent hacked Hugging Face. Another AI caught it.
An AI agent hacked Hugging Face. Another AI caught it.

The machines are now hacking each other. Hugging Face, the world’s largest hub for open AI models, says an autonomous AI agent broke into its production infrastructure. Its own AI defences spotted the intrusion and picked it apart. The company disclose…

Rob Gurzeev on Why AI Has Changed Cybersecurity’s Biggest Blind Spot
Rob Gurzeev on Why AI Has Changed Cybersecurity’s Biggest Blind Spot

Artificial intelligence is transforming how software is built, deployed, and secured. While AI has accelerated innovation across industries, it has also expanded the number of internet-facing assets organizations need to protect. According to Rob Gurze…

The Company Brain and the Future of Go-to-Market Strategy
The Company Brain and the Future of Go-to-Market Strategy

Founders eagerly bought into the promise of autonomous agents over the past year, and software usage skyrocketed across the industry as teams rushed to adopt the latest tools. Despite this massive investment in new technology, sales pipelines remained …

TSMC posted record $40 billion revenue. Its stock fell 4%. Investors are no longer buying the AI spending story on faith.
TSMC posted record $40 billion revenue. Its stock fell 4%. Investors are no longer buying the AI spending story on faith.

TSMC posted record second-quarter revenue of over $40 billion, up 36% year on year, with net income rising 77%. The result should have been a triumph. Instead, shares fell 4%, dragging the Nasdaq 100 down 1.4% on Thursday and compounding losses from th…

ASML will give every employee a €20,000 bonus as AI demand drives record sales
ASML will give every employee a €20,000 bonus as AI demand drives record sales

ASML will give all employees globally a one-time €20,000 ($22,862) share award, the company confirmed on Friday. The bonus vests on January 1, 2030, for staff who remain with the company for the entire period. About 45,000 people work at Europe’s most …