Google confirms Pixel 11 event for August 12
Google has officially announced its Pixel 11 launch event for August 12, teasing a new flagship design. Multiple reports suggest the company may raise prices, with the increase potentially framed as a storage upgrade rather than a direct price hike. The event will showcase Google's latest smartphone lineup and hardware innovations.
Alibaba's vice-president Qi Xiaoning has called for global tech firms to work together as 'one ecosystem' on RISC-V chip research amid rising geopolitical barriers. Chinese AI company DeepSeek is planning to develop its own chips in response to US export controls. South Korea's ambitious $880 billion chip and AI investment plan faces significant infrastructure challenges, including power and water shortages. A $400 million machine is pushing the boundaries of next-generation chipmaking.
Samsung's second-quarter profits surged 1,810% driven by explosive AI semiconductor demand. A Chinese memory and storage firm is expected to report a profit jump of over 60,000%. Meanwhile, China's semiconductor equipment sector faces an earnings season scrutiny as stock prices have soared, with investors questioning whether the rally is justified by fundamentals.
A Chinese senior official announced the country's humanoid robot output is expected to exceed 100,000 units this year. Reports from China detail the training of humanoid robots for diverse tasks from farm work to traditional Henan Opera performances. In Japan, construction firm Shimizu is betting on humanoid robots to address severe labor shortages in the construction industry.
A Scottish village has turned from hope to fear over a planned AI datacentre, with residents calling the project 'smoke and mirrors.' Stymied datacentre projects globally are threatening to slow the AI revolution. Meanwhile, the rise of open-source AI models has yet to significantly impact commercial AI companies like Anthropic.