2026-07-07
Meta has told a federal court that four US states are seeking $1.4 trillion in penalties over claims it engineered Facebook and Instagram to hook young users, a figure the company put on the record in a filing on Monday. The sum, first reported by Reuters, sits uncomfortably close to Meta’s own market capitalisation of about […]<br /> This story continues at The Next Web [...]
2026-07-07
Syntiant, the chipmaker whose low-power processors run artificial intelligence directly on devices rather than in the cloud, has filed for a US initial public offering. The Irvine, California, company submitted its Form S-1 to the Securities and Exchange Commission on 6 July, and plans to list Class A shares on the Nasdaq Global Market under the ticker SYTN. […]<br /> This story continu [...]
2026-07-07
Chinese AI models are gaining ground with US companies because they cost far less than systems from OpenAI and Anthropic, CNBC reports. <br /> The article Chinese AI models regularly pass 30 percent on OpenRouter as cost gap widens appeared first on The Decoder. [...]