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Time:2026-05-28T05:24:24Z

A Google engineer faces insider trading charges for using company data to make $1.2 million on Polymarket, marking a landmark prediction market prosecution. Alibaba AI surpassed Google and OpenAI in global coding rankings, while Huawei unveiled 1.4nm-equivalent chip targets with Peking University developing compatible design tools. He Tingbo, Huawei's 'chip queen,' leads a semiconductor strategy overhaul focused on domestic innovation. The AI industry sees new startups from former Big Tech researchers as Google's own AI still struggles with basic spelling.

Google engineer charged with insider trading on Polymarket

Google engineer charged with insider trading on PolymarketA longtime Google security engineer was charged in New York for allegedly using internal company data to make $1.2 million in bets on the prediction market Polymarket. The case marks one of the first major insider trading prosecutions involving prediction markets and cryptocurrency. The engineer faces federal charges for breaking securities laws by trading on confidential information.

AI industry: Google's spelling flaws and new startup wave

AI industry: Google's spelling flaws and new startup waveGoogle's AI systems continue to struggle with basic spelling, including the company's own name, highlighting persistent limitations in large language models. Meanwhile, former Google and Apple researchers launched a startup to build feedback loops for AI systems. The Occupy Wall Street co-founder also released an AI app aimed at helping activists access computing power, reflecting a broadening of AI use cases beyond big tech.

Alibaba AI tops global coding rankings, SoftBank enters race

Alibaba AI tops global coding rankings, SoftBank enters raceAlibaba's AI model has surpassed Google and OpenAI in global coding benchmark rankings, marking a significant achievement for Chinese AI development. Separately, SoftBank has launched a homegrown AI project that brings together top Japanese manufacturers. AI capabilities are also making an increasing impact on the global smartphone market.

Peking University unveils chip tool for Huawei amid US sanctions

Peking University unveils chip tool for Huawei amid US sanctionsPeking University has unveiled a new chip design software tool compatible with Huawei's LogicFolding architecture, aimed at boosting the company's chip ambitions. Huawei simultaneously announced a 1.4nm-equivalent chip target despite ongoing US export restrictions. These developments highlight China's push to achieve semiconductor self-sufficiency through innovative design approaches.

Huawei's 'chip queen' He Tingbo leads semiconductor strategy overhaul

Huawei's 'chip queen' He Tingbo leads semiconductor strategy overhaulHe Tingbo, Huawei's semiconductor chief and chair of its Scientist Committee, has taken center stage in the company's push to rewrite its semiconductor playbook. In a Shanghai presentation, she emphasized shifting the conversation from what Huawei cannot buy to what it can still build. Her leadership underscores Huawei's determination to overcome US sanctions through domestic innovation.