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Finance, VC & PE
Where the money meets the ethics: AI funding rounds, VC and PE moves, valuations and market power — tracked daily.
Euronext Mulls Setting Up a Private Market to Rival the UK’s
Euronext NV is considering creating a market for private securities, potentially ramping up competition with the London Stock Exchange Group Plc as bourses seek to offer investors access to ...
China's largest memory chipmaker sparks fears of a cash drain as it readies for public debut
CXMT is stoking fears that its blockbuster stock market debut could pull cash from China's equities.
Why the divorces of China’s A-share firm owners provoke market nerves
China’s A-share market has seen another high-profile divorce case result in a massive asset split, involving the transfer of 6 billion yuan (US$886 million) – the highest this year – and raising concerns over corporate governance stability and share price fluctuations. Although the scope of the divorce settlement is not at all comparable to that of Jeff Bezos or Bill Gates, it has made tens of thousands of retail investors worry about their portfolio holdings and paper wealth. Maxone...
Sympoietic creativity and the boundaries of qing : digital romance writers negotiating generative AI
This study investigates how writers of high-velocity Chinese digital romance fiction negotiate the arrival of generative AI at the desk. Drawing on a 4-year multi-sited digital ethnography (2021–2025) and interviews with 34 writers on Jinjiang Literature City alongside sustained forum observation and platform-discourse analysis, this article tracks how authors of serial romance work under the time discipline of the daily-update treadmill in the presence of large language models (LLMs). I argue t
The first known runaway AI agent - or a very bad marketing stunt?
The first known runaway AI agent - or a very bad marketing stunt? Martin Alderson's commentary on the OpenAI accidental cyberattack against Hugging Face includes a couple of details I hadn't considered. First, Hugging Face offers a truly rich target if you're trying to find potential vulnerabilities that require executing arbitrary code: Hugging Face has an enormous attack surface. They have more interfaces than I can count which run untrusted models and code. While they definitely have invested
Actions by the United States in the Investigations under Section 301 of the Trade Act of 1974 of the Acts, Policies, and Practices of 60 Economies Related to the Failure of Each Economy to Impose and Effectively Enforce a Prohibition on the Importation of Goods Produced with Forced Labor
MEMORANDUM FOR THE UNITED STATES TRADE REPRESENTATIVE Subject: Actions by the United States in the Investigations under Section 301 of the Trade Act of 1974 of the Acts, Policies, and Practices of 60 Economies Related to the Failure of Each Economy to Impose and Effectively Enforce a Prohibition on the Importation of Goods Produced with […] The post Actions by the United States in the Investigations under Section 301 of the Trade Act of 1974 of the Acts, Policies, and Practices of 60 Economies R
Filtering Offensive Content Changes Its Visibility but Not User Behavior: Two Randomized Controlled Trials with 200,000 Users on Nextdoor
We investigate the effectiveness of interventions that reduce the visibility of offensive content on the local social platform Nextdoor. Content filtering -- hiding or downranking offensive content that brushes against a platform's rules without clearly breaking them -- is deployed across virtually every major platform, yet almost no field evidence exists on whether it changes user behavior. We report two large-scale randomized controlled trials, each involving 100,000 users. Study 1 (2022) test
IBM's Krishna tries to reassure investors that AI won't disrupt company's software unit
IBM's CEO highlighted growing mainframe hardware capacity, and said software should "catch back up" within a year.
California Literacy Investments Are Mostly Working
This story was originally published by CalMatters. Sign up for their newsletters. It’s not quite the “Mississippi Miracle,” but California’s reading scores have been inching upwards since the state poured billions into changing the way students learn to read. A shortage of literacy coaches, however, may be preventing students from improving even more. In 2013, before California overhauled its […]
Exclusive: A couple paid more than $800,000 for a gene-editing therapy for their daughter. She died, and it wasn’t made public
An investigation by Science and Retraction Watch has uncovered details about a clinical trial that resulted in the death of its sole patient: a 6-year-old girl with a rare genetic mutation affecting her cognitive development. Her death has never been reported publicly, even though the medical team published its preclinical work in Nature earlier this … Continue reading Exclusive: A couple paid more than $800,000 for a gene-editing therapy for their daughter. She died, and it wasn’t made public
Airtel Africa’s Airtel Money is heading for a London IPO after a strong Q1
Airtel Africa has released its Q1 results for the quarter ended June 30th, 2026. The telecoms company has also confirmed London as listing venue for Airtel Money in 2026.
JPMorgan report finds dramatic jump in AI-themed ETFs — despite rough quarter
Wall Street is banking heavily on exchange-traded funds that give investors artificial intelligence exposure, according to JPMorgan Asset Management.
☕️ Bruxelles donne son aval au rachat d’Electronic Arts par des fonds saoudien et américains
Le projet d’acquisition d’Electronic Arts par un consortium emmené par le PIF, le Fonds public d’investissement d’Arabie saoudite, est en bonne voie. Du moins du côté de l’Union européenne, qui a donné son feu vert à l’opération maousse costaud de 55 milliards de dollars. La Commission européenne a approuvé le projet d’acquisition du géant du […]
Bridging the Gap Between Plausibility and Admissibility: Constraint-Aware Flow Maps for Dynamic Graph Systems
Generative models can support decision-making under uncertainty by producing ensembles of plausible future system trajectories, but statistical plausibility does not ensure structural feasibility. This study investigates whether post-sampling symbolic constraints can improve the reliability of generative trajectory modeling in dynamic graph-structured systems. A conditional diffusion model generates future graph-state trajectories from partial observations, while an external symbolic layer appli
Intel stock is down 27% from June record highs. How the chipmaker can reverse the slide
The report comes at a critical time for optimistic investors like us at the Club.
WayaWaya appoints ex-Chase Bank Kenya executive Raj Singh as board adviser
WayaWaya joins a growing list of African fintechs recruiting experienced banking executives as they scale into regulated financial services.
AI chip startup Etched defies skeptics, hits $10.3B valuation from big-name investors
Etched, founded by three Harvard dropouts, has created new chips and memory components that speed up inference on any AI model -- no GPUs required, it says.
Expedia Uses AI-Driven Service Telemetry Analyzer to Accelerate Incident Investigation
Expedia Group has introduced STAR, an internal AI-assisted observability platform that helps engineers investigate production incidents using service telemetry and LLMs. Built with FastAPI, Datadog, Celery, Redis, and Langfuse, STAR follows structured workflows to analyze telemetry, generate root cause assessments, and support incident response while keeping engineers in the loop. By Leela Kumili
Nigeria Fintech Forum Returns for 5th Edition next Thursday, See Who’s Coming
The 5th edition of Nigeria Fintech Forum holds on Thursday, July 30th, 2026, at Civic Centre, Victoria Island, Lagos.
Humanoid Raises $152 Million at $1.35 Billion Post-Money Valuation, Becoming Europe's First Pure-Play Humanoid Robotics Unicorn
Humanoid, a UK-based AI and robotics company building industrial humanoid robots, announced a $152 million Series A financing at a $1.35 billion post-money valuation.
Tesla earnings, Amazon layoffs, Kevin Warsh's favorite phrases and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
How AI helps scientists design the next generation of medicines
Designing and developing a new medicine is an expensive, failure-prone scientific challenge. A new drug can take many years to develop, at the cost of a significant investment. And even then, most possible candidates never reach the patient. For biologic medicines, therapies made from engineered proteins rather than synthetic chemistry (which are often used to…
Bank Regulatory Reviews: Action Needed to Better Identify and Address Unnecessary or Unduly Burdensome Requirements
What GAO Found The Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA) requires the federal banking agencies to solicit and review public comments on their regulations to identify and eliminate outdated, unnecessary, or unduly burdensome regulations on insured depository institutions, as appropriate. How Federal Banking Agencies Conduct Decennial EGRPRA Reviews Outcomes from the EGRPRA reviews are often difficult to identify, and their connection to subsequent regulatory acti
Do emulated quantum circuits change what CNNs look at? Performance and explainability comparison in medical image classification
Numerous studies have analyzed the use of hybrid quantum-classical convolutional neural networks as a promising alternative to classical deep learning. However, network components on quantum hardware impose fundamental limitations, while the scalability of quantum circuits leads to trainability issues. In this work, we investigate whether small, classically-emulated quantum circuit components can play a meaningful role within complex models, offering an alternative to purely classical convolutio
Technology Modernization Fund: Small Savings Achieved So Far, but Substantial Future Savings Expected
What GAO Found The Technology Modernization Fund (TMF) invests funding in agency projects to, among other things, modernize aging federal information technology (IT) systems. From fiscal years 2018 through 2025, the TMF received over $1 billion in net appropriations, of which the Technology Modernization Board invested about $1.03 billion in 68 unclassified projects (see figure). As of June 2025 (the latest data available at the time of this analysis), 24 TMF projects expected to achieve total s
The Indonesian gambling syndicate hiding inside governments’ websites across 16 African countries
A recent investigation found that a small foreign group used the websites of 16 governments to promote illegal betting. Meaning other cynical actors could also gain access and steal citizens’ data or plant something far worse.
Reexamining zero-shot summarization: Empirical investigation of trustworthiness of LLM-summarizers
Zero-shot summarization using Large Language Models (LLMs) has significantly advanced the abstractive summarization task by producing coherent and fluent summaries. However, underlying stochasticity of the large language models raises concerns about the stability and trustworthiness of the LLM-generated summaries. This issue has become increasingly important due to proliferation of LLM-generated summaries in educational settings, where students and researchers summarize complex academic material
DeepSeek puts AGI research ahead of products and commercial growth
According to a report by IT Home, DeepSeek, the Chinese AI developer behind the open-source R1 reasoning model, is prioritizing artificial general intelligence (AGI) research over building a consumer platform or maximizing near-term revenue. The report is based on a circulated transcript of a four-hour investor meeting involving founder Liang Wenfeng. Why it matters: The […]
Brazilian Banking Trojan Actively Spreading in Portugal
Portuguese businesses operate in the same native language as Brazilian hackers, making those businesses easy targets.
OpenAI admits AI model hacked Hugging Face, Chinese open-source AI helped investigate
A recent AI cyberattack that stunned the industry has unexpectedly put Chinese AI company Zhipu AI and its open-source model GLM 5.2 in the spotlight. OpenAI has acknowledged for the first time that one of its AI models escaped a sandboxed testing environment during an internal cybersecurity evaluation and compromised the production infrastructure of Hugging […]
Alphabet's cash burn raises alarm for Big Tech as AI spending climbs
July 23 (Reuters) - Alphabet's (GOOGL.O) first cash burn on record has jolted investors awaiting more Big Tech results next week as soaring AI spending strains one of the world's most profitable ...
Online-Trading-Betrug: Opfer investieren über eine Million
24 Menschen aus ganz Deutschland sollen Geld in vermeintliche Online-Trading-Plattformen investiert haben. Doch Gewinne wurden nie ausgezahlt.
Amplifying the storm: Climate disinformation dynamics during natural disasters on right-wing extremist Telegram channels
Climate change amplifies natural disasters, posing an existential threat to our society. However, a digital storm is raging on right-wing extremist Telegram channels where climate disinformation works to delegitimize scientific consensus. Investigating the factors that amplify climate disinformation is as critical to combating it as understanding natural disasters and their drivers. We The post Amplifying the storm: Climate disinformation dynamics during natural disasters on right-wing extremist
"You should see my partners' fingers": A Qualitative Study of Construction Artisans' Perspective on Technical Innovation
arXiv:2607.20004v1 Announce Type: new Abstract: Construction industry scholars have advocated increasing digitalization as a harbinger of manifold improvements, from safe training to efficient waste management. Small construction enterprises, which often face greater difficulties in embracing such a paradigm, are frequently overlooked in investigations of stakeholders' views on technical innovation. This study aims to start filling this gap by investigating the views of small construction enterp
Data Annotations as Pedagogical Hints: From Subjective Labels to Critical Thinking
arXiv:2607.20149v1 Announce Type: new Abstract: Machine learning courses often use pre-labeled datasets, hiding the subjectivity of human annotation. This creates students with an overly trusting view of AI data and models, undervaluing interpretive diversity. We investigated whether manual data annotation tasks teach students about subjective labeling. Study Design: An annotation activity was implemented at two universities: Fontys (Netherlands) and IT University Copenhagen (Denmark). Students
Experiential Versus Instructional Approaches for Eliciting Metacognitive Awareness in AI-Assisted Learning: A Short-Term Longitudinal Study
arXiv:2607.20047v1 Announce Type: cross Abstract: With generative AI (GenAI) entering classrooms the question to which teaching approach best supports metacognitive skill acquisition in AI-assisted learning becomes pressing. In this short-term longitudinal study we investigate two contrasting approaches: experiential learning encompassing hands-on approaches and instructional learning such as classical lectures. We conducted a quasi-experiment with 126 university students from a first-year engin
Chip firm priced as China's most valuable company before its IPO brings scrutiny to crypto platform
The outsized premium was due in part to offshore investors who, locked out of the highly anticipated listings, turned to crypto for a parallel market.
Alphabet wächst weiter zweistellig, aber auch die Ausgaben steigen deutlich
Der Google-Konzern übertrifft die Erwartungen erneut. Umsatz und Gewinne legen deutlich zu, doch die Investitionen 2026 übersteigen 200 Milliarden US-Dollar.
Beyond Heavy Log Curation: Perplexity-Based APT Detection via Unsupervised, Context-Augmented Language Models
Advanced Persistent Threats (APTs) remain difficult to detect because only a small fraction of events in large-scale logs are attack-related, and investigation is expensive and hard to scale. Prior machine-learning approaches can reduce analyst workload, but they often rely on heavily curated training data and sophisticated preprocessing pipelines. Building and maintaining such pipelines require substantial domain expertise and engineering cost. Motivated by insights from a study of a strong APT
China’s Bank Wealth Products Face Scrutiny Over Yield Displays
A recent investigation found some institutions highlight selective short-term returns while using inconsistent metrics that can make products harder to compare.