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Baidu’s chip unit Kunlunxin is targeting a $50 billion Hong Kong IPO and asked investors to buy its semiconductors

Posted on June 28, 2026 By 164news66 No Comments on Baidu’s chip unit Kunlunxin is targeting a $50 billion Hong Kong IPO and asked investors to buy its semiconductors

Baidu’s AI Chip Unit Kunlunxin Plans Hong Kong IPO with $50 Billion Valuation
According to The Information , published on Sunday, Baidu’s Artificial Intellig…

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Micron briefly surpassed Meta and Tesla in market value. Its stock is up 236% in a month.

Posted on June 28, 2026 By 164news66 No Comments on Micron briefly surpassed Meta and Tesla in market value. Its stock is up 236% in a month.

Micron Technology Surpasses Meta and Tesla in Market Valuation
Micron Technology briefly surpassed Meta and Tesla in market valuation on Thursday, closing the…

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Researchers built an AI therapist that reads your smartwatch and earbuds to detect distress before you ask for help

Posted on June 28, 2026 By 164news66 No Comments on Researchers built an AI therapist that reads your smartwatch and earbuds to detect distress before you ask for help

Mental Health Chatbots: A New Approach
Mental health chatbots all share the same limitation: the user has to reach out first . That is not always easy when s…

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Nvidia-backed Firmus will build a 360MW AI data centre in Indonesia and expects $30 billion in offtake deals

Posted on June 28, 2026 By 164news66 No Comments on Nvidia-backed Firmus will build a 360MW AI data centre in Indonesia and expects $30 billion in offtake deals

Firmus Technologies to Build First Data Centre in Indonesia with Nvidia
Firmus Technologies, an Australian AI infrastructure company valued at $5.5 billion, w…

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California will tax downloaded software for the first time as part of a $351.7 billion budget deal

Posted on June 28, 2026 By 164news66 No Comments on California will tax downloaded software for the first time as part of a $351.7 billion budget deal

California Governor and Legislators Agree on $351.7 Billion State Budget
California Governor Gavin Newsom and top Democratic legislators have reached an agree…

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Auto repair is one of the least digitised industries in America. AI is changing the economics of why.

Posted on June 28, 2026 By 164news66 No Comments on Auto repair is one of the least digitised industries in America. AI is changing the economics of why.

North America’s Independent Auto Repair Industry
North America boasts over 280,000 independent auto repair shops. Most operate using workflows reminiscent of …

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The BIS warns an AI bust could hit credit markets as hard as the 2008 financial crisis

Posted on June 28, 2026 By 164news66 No Comments on The BIS warns an AI bust could hit credit markets as hard as the 2008 financial crisis

AI Investment Risks: Potential Disruption to Credit Markets
The Bank for International Settlements (BIS) warned on Sunday that an AI investment bust could hit…

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Google is rationing Gemini access to Meta because it cannot provide enough compute

Posted on June 28, 2026 By 164news66 No Comments on Google is rationing Gemini access to Meta because it cannot provide enough compute

Google’s AI Capacity Restrictions on Meta
Google has placed limits on Meta’s use of its Gemini AI models because it cannot provide as much computing capacit…

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Salesforce employees are confused about why the company is promoting a competitor inside Slack

Posted on June 28, 2026 By 164news66 No Comments on Salesforce employees are confused about why the company is promoting a competitor inside Slack

When Anthropic launched Claude Tag
When Anthropic launched Claude Tag on Tuesday, a high-profile AI product that works as a persistent teammate inside Slack c…

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Instagram wants to make algorithm customisation a core part of the app, not a buried setting

Posted on June 28, 2026 By 164news66 No Comments on Instagram wants to make algorithm customisation a core part of the app, not a buried setting

Instagram’s New Approach to Content Personalization
Instagram head Adam Mosseri previewed new ways to surface Your Algorithm , the feature that lets users …

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