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Antares Secures $470M to Deploy Small Modular Reactors at U.S. Air Force Bases

Nuclear startup Antares has secured $470 million in funding to advance the development of small modular reactors (SMRs) designed specifically for U.S. Air Force bases. The reactors will operate in the 100 kW to 1 MW power range—substantially smaller than typical civilian SMR designs, which often target tens

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China's Moonshot AI Releases High-Performance Kimi K3 Model as Open Weights

The Rise of Open Chinese AI Moonshot AI has unveiled Kimi K3, a large language model that the company claims can match or outperform some of the top AI systems from US companies at a fraction of the cost. Unlike most American frontier models, which remain proprietary, Moonshot is releasing

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Amazon Plans Global Satellite Phone Network by 2028, Eyes Direct-to-Device Market

Amazon is moving deeper into the direct-to-device satellite market with plans to launch a new constellation of 5,105 low-Earth-orbit (LEO) satellites. The company filed an FCC application on Saturday seeking approval for the network, which would provide direct-to-device satellite services including voice, messaging, data, and emergency services. If approved,

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Safe Superintelligence Partners with Nvidia to Scale AI Research

Safe Superintelligence (SSI), the AI safety-focused company founded by OpenAI co-founder Ilya Sutskever, has entered a strategic partnership with Nvidia to support its next phase of growth. After operating in stealth mode for two years, SSI is now leveraging Nvidia's hardware and infrastructure capabilities to advance its research

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Chinese Memory Maker CXMT Surges to $484 Billion Valuation in Blockbuster Market Debut

ChangXin Memory Technologies (CXMT) made a striking entrance onto the Shanghai stock exchange, with its shares climbing 466 percent on the first day of trading. The rally pushed the company's valuation to approximately $484 billion, making it the most valuable Chinese company currently listed on the exchange. The

China's AI Giants Face Profitability Challenge Despite Technical Strength

The AI Profitability Puzzle in China China is home to some of the world's most capable artificial intelligence companies, with firms like Alibaba and ByteDance investing heavily in cutting-edge AI research and development. However, a growing challenge has emerged: turning these technical achievements into profitable products and services.

Nvidia Invests $5 Billion in Ilya Sutskever's New AI Lab

Nvidia has placed a major bet on the next chapter of artificial intelligence research, committing $5 billion to Ilya Sutskever's newly established AI laboratory. Sutskever, a co-founder and former chief scientist at OpenAI, is widely recognized for his foundational work in deep learning and neural network architectures that