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Time:2026-07-03T07:01:49Z

China accelerates its tech push with a new Shanghai quantum computing hub and high-level token production, while AI markets face turbulence over a Meta computing rumor later dismissed by analysts. OpenAI reportedly offers the US government a 5% stake as it navigates regulatory delays on GPT-5.6. Sony confirms the end of disc-based PlayStation games by 2028, triggering urgent archival efforts for PS3 digital libraries.

Shanghai launches quantum computing hub in China tech push

Shanghai launches quantum computing hub in China tech pushShanghai has unveiled a quantum computing hub backed by up to 100 million yuan in R&D funding, as China intensifies its race for technological supremacy. State media highlights Beijing's broader strategy to leverage high-tech for a global digital edge. China's first token factory has already reached a 1.4 trillion daily output milestone, signaling rapid progress in digital infrastructure.

Sources:
Shanghai unveils quantum computing hub as China races for tech supremacyThe zone is set to provide up to 100 million yuan to fund research and development of the technology. (SCMP)
Beijing banks on high-tech for global digital edge (China Daily)
Beijing's first token factory hits 1.4 trillion daily output (China Daily)

Meta AI compute rumor triggers AI stock selloff

Meta AI compute rumor triggers AI stock selloffAI stocks tumbled on reports that Meta plans to rent out its AI computing capacity, sparking fears of a hardware glut. Analysts at SemiAnalysis quickly dismissed the panic, stating Meta's data center and compute procurement will accelerate, not slow down. Meanwhile, Meta released an app for creating generative AI games, signaling continued investment in the AI space.

Sources:
AI computing xstock panic over Meta rumour ‘erroneous’, analysts sayFears of AI hardware glut not warranted, as ‘Meta’s data centre and compute procurement will accelerate, not slow down’, SemiAnalysis says. (SCMP)
Meta has released an app for making generative AI games (Engadget)
Meta reportedly plans to rent out its AI compute, sending AI stocks tumblingPublished2 July 26 (Tom's Hardware)

OpenAI in talks to give US government 5% stake

OpenAI in talks to give US government 5% stakeOpenAI is in early discussions to donate 5% of its equity to a US sovereign wealth fund, a move reportedly brokered under the Trump administration. The offer comes days after Washington delayed the release of GPT-5.6, highlighting the growing intersection of AI governance and corporate structure. The proposed stake falls far below earlier targets pushed by Senator Bernie Sanders.

Sources:
OpenAI ‘in early talks to give 5% stake to US government’ (The Guardian)
OpenAI proposed donating 5% of its equity to a US sovereign wealth fund (TechCrunch)
Trump gets OpenAI to offer US 5% stake, far lower than Sanders’ target (Ars Technica)
OpenAI mulling giving US gov't a 5% stake in the company, days after Washington delayed GPT-5.6Published2 July 26 (Tom's Hardware)

Sony to end disc-based PlayStation games by 2028

Sony to end disc-based PlayStation games by 2028Sony has confirmed it will stop producing disc-based PlayStation games starting in 2028, marking the end of an era for physical game media. The move pushes the industry further toward all-digital distribution. Meanwhile, digital archivists are racing to preserve PS3 game data ahead of Sony's planned closure of the PS3 online store in 2027.

Sources:
PlayStation will stop releasing games on discs in 2028 (BBC)
Sony will stop making disc-based PlayStation games starting 2028 (Engadget)
Digital archivists rush to save PS3 game data before Sony shuts down the store forever in 2027Published2 July 26 (Tom's Hardware)