THE DAILY BRIEF
SUNDAY, MAY 31, 2026
AFTER NVIDIA’S $20B NOT-AQUI-HIRE, AI CHIP STARTUP GROQ…
Chipmaker Groq is looking to raise $650 million in internal funding as it pivots from hardware to focus more on AI inference, the process of refining the way AI models respond to…
CHARTER COMMUNICATIONS DATA BREACH AFFECTS 4.9 MILLION…
The ShinyHunters extortion gang stole personal information from 4.9 million accounts after hacking the U.S.
LENOVO DOUBLES IN BEST MONTH SINCE 1999 ON AI-FUELED RALLY
Lenovo Group Ltd. is set for its best month in more than a quarter-century, with the stock doubling in May as investor enthusiasm builds around the company’s AI-driven growth…
SOURCES: BYTEDANCE HAS PARTNERED WITH CHIPMAKER INNOSTAR TO…
The Information: Sources: ByteDance has partnered with chipmaker InnoStar to develop an AI inference chip modeled after Groq's LPUs, which are built to run AI models at low cost —…
TENCENT BETS ON SMALLER AI MODELS IN THE RACE WITH CHINESE…
Cissy Zhou / Nikkei Asia: Tencent bets on smaller AI models in the race with Chinese rivals, as EVP Dowson Tong says AI now contributes 20%+ of its revenue and 95%+ of new…
■ COMPILED BY THE NEWSROOM ■ SOURCES: 12 RSS FEEDS