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Chinese chipmaker YMTC has told investors it intends to become the world's biggest NAND flash producer by the end of 2027, surpassing Samsung and SK hynix. The Wuhan-based firm recently filed to raise 33 billion yuan ($4.9 billion) on Shanghai's STAR Market, with most funds going toward upgrading production lines and expanding research and development.
A class action lawsuit filed against Oura claims the company misled consumers about the accuracy of its smart ring's sleep-stage tracking. The suit argues Oura lacks sensors for brain waves, eye movement, and muscle activity needed to properly detect sleep stages, and instead relies on AI guesswork from heart rate, temperature, and breathing data. The named plaintiff, who paid $503 for the ring, says she was overcharged for a device that doesn't deliver the accuracy Oura advertises.
During Nvidia's Wednesday earnings call, CEO Jensen Huang claimed that for many practical tasks the company has already reached artificial general intelligence, but immediately called such milestones 'senseless.' He offered no clear definition or benchmark, instead pointing to AI's shift toward autonomous agents that can learn and improve themselves, and argued the real measure of progress is whether AI generates profitable output through increased compute use. This echoes remarks he made in March on a podcast, where he similarly asserted AGI had been reached before backing off the claim.
Manchester Airports Group revealed that attackers infiltrated its systems and extracted customer information tied to Wi-Fi registrations, car park bookings, lounge access and Fast Track services at Manchester, Stansted and East Midlands airports. Stolen data reportedly includes email addresses, phone numbers, vehicle registration numbers and postcodes, though no payment card details were taken. The company has paused its online booking management tool and shifted customers to phone support while it investigates with outside cybersecurity help and law enforcement.
Android Authority surveyed over 2,000 readers asking whether they would pay to unlock newer AI features on their older Pixel phones. More than 82% called such a purchase a waste of money, while roughly 10% said they'd rather buy a new phone outright, and just 6.8% would pay a subscription to extend their current device's life.
Waymo's VP of Onboard Software, Srikanth Thirumalai, published a blog post arguing that cameras alone cannot achieve safe full autonomy, citing over 200 million autonomous miles as evidence. Though he never names Tesla, the post is widely seen as a direct rebuttal to Elon Musk's camera-only strategy, which Waymo contrasts with its own use of lidar, radar and cameras together.
According to a report from The Information, Nvidia has reached a deal to purchase Hugging Face, the popular open-source AI collaboration platform, for $12.9 billion. The talks reportedly began after another suitor expressed acquisition interest in Hugging Face, and Business Insider had separately reported the startup was working with a bank to gauge buyer interest. Neither Nvidia nor Hugging Face has confirmed the deal, and CNBC said it could not independently verify the report.
Bill Gates published an essay urging governments to impose enforceable rules on AI, including a tax on AI token usage to fund support for displaced workers and protected 'Human Reserved' jobs like caregiving. He said tech executives privately worry about AI's disruptive pace but avoid saying so publicly, breaking from the industry's optimistic public stance.
Apple has released a support document outlining how the revamped Spotlight indexing system will work in iOS 27, iPadOS 27, and macOS 27, powering both search and the upgraded Siri. The company notes that indexing—done locally on each device—can take hours or days for large data sets, but completes faster if the device is idle, plugged into power, and connected to Wi-Fi or Ethernet.
Nvidia CEO Jensen Huang defended the company's expanding financial backing of AI startups and data center projects, arguing critics misunderstand the unprecedented capital needs of building and deploying AI. He spoke on CNBC after Nvidia posted stronger-than-expected quarterly earnings, noting the firm has invested in model makers like OpenAI and Anthropic and backed massive compute projects, including a $105 billion Ohio campus and a $500 billion Wall Street financing partnership.
Salesforce CEO Marc Benioff dismissed concerns that AI would erode demand for traditional software subscriptions, telling CNBC's Jim Cramer that top AI firms actually rely heavily on Salesforce tools. He cited a 435% year-over-year jump in usage of Salesforce and Slack among nine of the ten leading AI companies, framing this as proof that AI complements rather than replaces CRM software. The comments came after Salesforce posted strong quarterly results and guidance, sending shares up more than 12%.
Google confirmed via its Nest Community account that it has resolved a bug causing Google Home devices to play unrelated songs, albums, or playlists instead of the ones users requested. The issue had been reported by multiple users on Reddit's r/googlehome, with some saying it persisted for months across services like Spotify. Google has not detailed the cause of the bug or what specifically was changed to fix it.