Livestream shopping platform Whatnot has acquired Shaped, a machine learning startup specializing in real-time recommendation and search technology, as the company expands its investment in artificial intelligence. Financial terms of the acquisition were not disclosed. AI Acquisition Targets Real-Time Recommendations Whatnot said the acquisition will strengthen its product discovery and personalization capabilities by enhancing recommendations across its live commerce platform, where inventory and buyer activity change continuously. According to the company, integrating Shaped’s technology will help deliver faster and more personalized recommendations as shoppers browse live auctions and product listings. Emmanuel Fuentes, Vice President of Data and AI at Whatnot,…
Author: Lewis Jordan
Intel has announced plans to invest €5 billion ($5.7 billion) to expand semiconductor manufacturing capacity at its Fab 34 facility in Leixlip, Ireland. The investment will support production of Intel Xeon processors, including the Xeon 6 family and next-generation Xeon chips manufactured using the company’s 3-nanometer process technology. Fab 34 Expansion to Boost Manufacturing Capacity Intel said the project will upgrade Fab 34 with advanced manufacturing equipment and expand the site’s automated wafer transport system, which moves silicon wafers between fabrication areas. Naga Chandrasekaran, executive vice president, chief technology and operations officer, and general manager of Intel Foundry, said the…
Battery-electric vehicle (BEV) sales in the United States increased in the second quarter of 2026, reaching their highest level since the nationwide EV purchase incentive expired in September 2025, EVMagz reported. A total of 247,226 BEVs were sold between April and June, representing a 14.2% increase from the previous quarter, although deliveries remained 20.5% below the same period last year. Tesla Maintains Market Leadership Tesla remained the country’s largest BEV manufacturer, delivering 124,800 vehicles during the quarter, accounting for more than half of all U.S. BEV sales. The Model Y continued as the best-selling electric vehicle with 84,863 deliveries, followed…
ByteDance is exploring autonomous driving technologies as part of its broader artificial intelligence research, according to a report by Chinese technology outlet 36Kr. The report said the work is being carried out by the world model team within ByteDance’s Seed AI division, which is researching capabilities such as environmental perception, prediction and planning for potential autonomous driving applications. ByteDance said the effort is part of its early-stage physical AI research and not a commercial smart driving initiative. “Our frontier large-model exploration areas include physical AI, where there are many early-stage research efforts and explorations, but we have no plan to…
SK Hynix said it plans to offer nearly 17.8 million American depositary receipts (ADRs) in the United States, seeking to broaden its investor base as demand for artificial intelligence-related memory chips continues to strengthen. The South Korean memory chip manufacturer said each ADR will represent one-tenth of a common share. The securities are expected to be priced on Thursday, with trading scheduled to begin on Friday. Based on the company’s closing share price in Seoul last Friday, media estimates suggest the offering could raise as much as $28 billion, although the final proceeds will depend on the pricing of the…
Finnish quantum computing company IQM has begun trading on the Nasdaq following the completion of its merger with a special purpose acquisition company (SPAC), giving the company an initial valuation of approximately US$1.9 billion as it seeks to strengthen its position in the rapidly evolving quantum computing industry. While the public listing marks a significant milestone for Europe’s quantum technology sector, investor enthusiasm remained subdued during the company’s market debut, reflecting broader uncertainty surrounding the commercialization timeline for quantum computing. Building Commercial Quantum Systems Founded in 2018 as a spinout from Aalto University in Espoo, Finland, IQM develops full-stack quantum…
BYD has unveiled the Seal 08, a new flagship sedan that showcases the company’s latest advances in battery technology and intelligent driving, while becoming the first model in its portfolio to include flash-charging capability as standard on both battery-electric and plug-in hybrid variants. The six-model lineup starts at 196,900 yuan (around US$29,030), positioning the Seal 08 as a cornerstone of BYD’s strategy to capture a larger share of China’s fast-growing premium new energy vehicle market. One Platform, Two Powertrain Choices Rather than separating its electric and plug-in hybrid offerings into different product families, BYD has built the Seal 08 around…
Microsoft has launched a new operating business, Microsoft Frontier Company, aimed at accelerating enterprise adoption of artificial intelligence through large-scale implementation and engineering support. The company said it will invest US$2.5 billion in the initiative, which will be supported by approximately 6,000 engineering and industry specialists focused on deploying Microsoft’s AI technologies across enterprise customers. New Business Targets Enterprise AI Adoption Microsoft said Frontier Company will help organizations move from AI experimentation to production by delivering implementation expertise alongside the company’s existing artificial intelligence products and services. The initiative builds on Microsoft’s established enterprise customer base and expands its efforts…
A new report from Ocean Energy Europe concludes that wave and tidal energy could supply up to 13% of global electricity demand and around 21% of the European Union’s current electricity consumption, highlighting marine energy’s potential to become a major contributor to the global clean energy transition. The report, Ocean Energy: The Largest Untapped Renewable Resource, brings together findings from more than 70 government and academic studies to deliver what Ocean Energy Europe describes as the first comprehensive global assessment of wave and tidal energy resources. Europe Holds Significant Marine Energy Potential According to the report, ocean energy could eventually…
BMW has unveiled the all-electric iX5, introducing a battery-powered version of its long-running X5 SUV for the first time as the company continues expanding its global electric vehicle portfolio. Production of the iX5 is scheduled to begin in August at BMW’s manufacturing plant in Spartanburg, South Carolina, with the model destined for markets worldwide. Long Range and Strong Performance The iX5 debuts as the iX5 60 xDrive, powered by a 141kWh battery pack paired with a dual-motor all-wheel-drive system. The powertrain produces a combined 425kW and 805Nm of torque, enabling the SUV to accelerate from 0 to 100km/h in 4.6…