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Tech News
Jim Cramer told CNBC viewers that most of the Magnificent Seven tech stocks—Amazon, Alphabet, Meta, Microsoft, Tesla and Nvidia—have underperformed the S&P 500 this year and now trade at unusually cheap valuations. He argued the group's earnings multiples have fallen out of step with their growth prospects, particularly Amazon, which he says is poised to benefit from heavy AI infrastructure spending under CEO Andy Jassy.
Researchers Kevin Max and Yang Shen at the Okinawa Institute of Science and Technology have developed an algorithm called Spi-Fly that mimics how fruit fly brains process and remember smells. Published in Neuromorphic Computing and Engineering, the work targets a key weakness of existing electronic noses: their tendency to forget previously learned odors when trained on new ones.
Reliance Jio has expanded its JioPC cloud computing service beyond its own broadband subscribers, making it available to anyone with an internet connection regardless of telecom provider. The service streams a virtual PC with up to eight virtual CPUs, 16GB RAM and 1TB storage, letting even computers up to eight years old run modern AI applications without hardware upgrades. Subscriptions range from about $11 for two months to roughly $53 for a full year of the higher-spec plan.
Multiverse Computing has launched Quasar 438B, a reasoning model for enterprise agents and coding that operates in English and Spanish. It scored 43 on the Artificial Analysis Intelligence Index, the highest mark of any European model, surpassing Mistral Medium 3.5, NVIDIA Nemotron 3 Ultra and Inkling, though still trailing global leader Claude Opus 5 at 63. It also responds quickly, generating 500 tokens including reasoning time in 15.3 seconds, and is accessible via the CompactifAI API.
India's government has introduced the Prime Minister Research Chair Scheme, offering 120 overseas Indian-origin researchers up to 50 million rupees (about $520,000) in grants plus stipends and allowances over five years to work at Indian institutions. The initiative targets strategic fields like AI, quantum computing, biotechnology and advanced materials, joining similar brain-drain reversal efforts by China, France, Germany and Denmark.
A researcher attended the scientific track of the State of the Map (SotM) conference held August 29-30, marking their first time back at the event since 2011. The academic sessions featured around 20 peer-reviewed papers, a small slice of the more than 1,250 OpenStreetMap-related papers indexed on OpenAlex in 2025 alone. The author also noted receiving a Test of Time award in June from IEEE Pervasive Computing for a 2008 paper on OpenStreetMap.
OpenAI launched ChatGPT Work on July 9th as a paid feature for $20+/month subscribers, and it actually comes in two forms: a cloud-based version accessible via chatgpt.com and mobile apps, and a local version built into the desktop app (formerly Codex) that can access files and run programs on a user's computer. The cloud version, described as the more interesting of the two, adds capabilities not found in standard ChatGPT Chat, including selection among multiple models and reasoning-effort levels.
Anthropic has published a new framework called Model Hardware Standard that sets rules for how AI agents should interact with physical devices such as microscopes, liquid-handling systems, quantum computing hardware, manufacturing machines, and robot arms. The company plans to test it with trusted partners to refine safety measures before releasing it more broadly.
Chinese AI startup DeepSeek, based in Hangzhou, is said to be raising fresh capital that would value the company at roughly $74 billion. The funds are intended to support research and development along with an expansion of its computing infrastructure.
A developer has released a lightweight database designed specifically for AI agent memory, built on a typed schema with supersession rules instead of relying on semantic text retrieval. The system aims to run cold-first at the edge, avoiding the cost and complexity of maintaining hot vector indexes in RAM or SSDs for smaller, resource-constrained deployments. The project was shared as a Show HN post on Hacker News.
Quantinuum has introduced Helios, a 98-qubit trapped-ion quantum computer that uses a four-way junction to shuttle ions between memory and processing zones, alongside new control software called Helios runtime that schedules ion movement and laser operations. It surpasses the company's earlier machines, which had 32 qubits in 2023 and 56 qubits in 2025, making it the largest trapped-ion system built so far.
EuroHPC Joint Undertaking has launched six funding calls totaling €119 million to develop next-generation quantum computing infrastructure across Europe, including trapped-ion and superconducting platforms. The trapped-ion call, worth €20 million, targets a full-stack quantum computer with over 1,000 qubits integrated with HPC systems, while the superconducting call seeks a similarly scaled chiplet-based QPU with cloud access. Both calls opened August 13, 2026, with applications due November 17, 2026.