Montevideo, Uruguay-based Scanntech, which develops market intelligence tools using POS data, raised $180M in a Series F led by L Catterton and Partners Group (FinSMEs)
OpenAI says its model paid for a deployment on an Ethereum test network with a wallet it did not own, after obtaining keys from public recovery phrases (Shaurya Malwa/CoinDesk)
A look at China's AI learning frenzy, as economic anxiety and fear of being left behind fuel a booming market for courses promising prosperity through AI (Afra Wang/New York Magazine)
Chinese state media: during an interview, Tim Cook says China has approved Apple Intelligence, and a test version will arrive in late October without Siri AI (Reuters)
TSMC reports Q3 revenue up 50.9% YoY to $46.36B, net income up 68.7% to $23.7B, both above est., marking a sixth straight quarterly profit record on AI demand (Jenny Lee/CNBC)
Google DeepMind and Google Cloud plan to provide up to 200 European scientific researchers with access to their frontier AI models and $3M in compute credits (Foo Yun Chee/Reuters)
ASML says it cannot fully meet AI-driven demand for its chipmaking tools in 2027 and 2028, and is seeing "strong interest" in orders for 2029 and 2030 (Reuters)