TNWflipped into Data and securityNow‘Listing is a must’: China’s LimX raises $200m as the humanoid IPO race heats upverified_publisherTNW - Cristian DinaLimX Dynamics, a Shenzhen humanoid-robot startup, has closed a pre-IPO round at a $2.21bn valuation. Its founder says going public is now “a must”, as more than 100 Chinese humanoid firms race to list. More than half of LimX’s orders, tellingly, already come from outside China. China’s humanoid gold …
TNWflipped into Fintech and ecommerceNowECB names 36 payment firms for the digital euro pilotverified_publisherTNW - Ana-Maria StanciucDeutsche Bank, UniCredit, Revolut, Stripe and Adyen made the list. The 12-month trial starts in the second half of 2027, and the money it moves will not be legal tender. The European Central Bank published the list on Tuesday: 36 payment service providers, drawn from more than 50 applicants, will …
TNWflipped into Fintech and ecommerceNowNew York freezes new data centres for a year, the first US state to pull the brakeverified_publisherTNW - Ana-Maria StanciucKathy Hochul’s moratorium covers anything drawing 50MW or more, and arrives without the bill her own legislature passed last month. Kathy Hochul stopped the diggers on Tuesday. New York became the first US state to halt construction of large new data centres, imposing a one-year moratorium on …
TNWflipped into ECOSYSTEMS1 hour agoThe father of reinforcement learning is leaving Carmack to build his own AIverified_publisherTNW - Ana Maria ConstantinRichard Sutton, the Turing Award winner widely called the father of reinforcement learning, has left John Carmack’s Keen Technologies to start his own lab. Its goal is contrarian: an agent that keeps learning in real time on about 20 watts, the power of a human brain, not a data centre full of …
TNWflipped into Deep tech1 hour agoTower Semiconductor puts $3bn into Japan, and Tokyo is paying for a third of itverified_publisherTNW - Ana Maria ConstantinThe Israeli foundry is doubling down on silicon photonics, the technology the AI build-out needs to move data faster than copper can. Tower Semiconductor said on Tuesday it will spend roughly $3bn expanding its 300mm operations in Japan, net of about $1bn in grants from the Japanese government, in a …
TNWflipped into Fintech and ecommerce2 hours agoSwitzerland opens a competition probe into Google’s vanishing Android choice screenverified_publisherTNW - Alina Maria StanCOMCO says the search selection prompt was pulled from Swiss phones while it kept running across the European Economic Area. Switzerland’s Competition Commission opened a preliminary investigation into Google on Tuesday, after the search engine selection prompt that Android owners elsewhere in …