press release
A New Phase of the AI-Jobs Panic
Silicon Valley is making a show of helping prepare the country for AI layoffs. In late March, I started receiving daily texts from the federal government about AI. " AI is changing how we work and live," one message read. "You might feel curious, skeptical, or unsure--that's normal." I had enrolled in an AI-literacy course from the Labor Department created to help workers succeed in the ChatGPT economy. The weeklong program, created in partnership with an AI start-up and delivered by text message, was supposed to equip Americans with "foundational AI skills," according to an agency press release.
Micron breaks ground on 9 billion western Japan plant expansion
Micron Technology on Saturday broke ground on the expansion of its factory in western Japan, a ¥1.5 trillion ($9.3 billion) undertaking to produce advanced memory chips. The Boise, Idaho-based company is building the facility in Hiroshima to make chips such as high-bandwidth memory crucial for AI processors like Nvidia's, with shipments to start around the summer of 2028. Japan's Ministry of Economy, Trade and Industry has allocated up to ¥500 billion to help cover the cost. The move is part of a global rampup by the U.S. company to meet demand for AI. Micron is building two leading-edge fabs in Boise and in January held a groundbreaking ceremony for a $100 billion production site outside Syracuse, New York, part of a pledge to increase DRAM production on American soil. "Micron's very first HBM production wafer -- for the memory technology at the heart of AI -- was made right here in Hiroshima," Micron CEO Sanjay Mehrotra said during a ceremony attended by central and local government officials.
Kioxia ships samples of new flash memory for AI data centers
Hiroo Ota (center left), CEO of Kioxia Holdings, and others unveil Kioxia's new 3D flash memory chip at its Kitakami plant in Kitakami, Iwate Prefecture, on Friday. Kioxia Holdings has started shipping samples of its next-generation flash memory chips to artificial-intelligence data center operators, seeking to gain ground in the lucrative business against rivals. The Tokyo-based chipmaker's latest high-density 3D flash memory chips aim to better meet AI data center needs with better efficiency and transmission speeds. The 332-layer 10th-generation chips pack more data into silicon and can store 59% more data compared with its previous flagship 8th-generation chip, the company said Friday. Production will take place at the company's second manufacturing facility at its Kitakami plant in Iwate Prefecture, which began operating in September last year.
Sony will stop making disc-based PlayStation games starting 2028
Xbox and Nintendo have also been pushing consumers towards digital games. Sony has announced that PlayStation is going all digital, with physical game disc production being discontinued starting January 2028. After this date, you'll only be able to purchase new games digitally on the PlayStation Store and in retailers. Sony says its decision is a response to shifting trends in consumer preference, with digital sales significantly outweighing physical. Last year, physical game distribution accounted for just three percent of PlayStation's revenue, and the fact that the PS5 Pro launched in 2024 without a disc drive was a pretty good indication of Sony's future direction.
Kawasaki Heavy seeks 200 billion via new shares and convertible bonds: sources
Kawasaki Heavy Industries is collaborating with companies including Nvidia to integrate AI and robotics, and last month announced a development hub in Silicon Valley. Kawasaki Heavy Industries is finalizing plans to raise about ¥200 billion ($1.23 billion) by issuing new shares and convertible bonds to fund capital expenditure, according to two sources familiar with the matter. The company will decide on the details of the issuance as soon as this week, the sources said. The shares and convertible bonds will be sold mainly to overseas institutional investors, one of the sources said. The plan to raise funds has not been reported earlier. Kawasaki Heavy said in a statement that it is considering various capital strategies including issuing new shares and bonds but that nothing has been decided.
This Is the Most Detailed Image Yet of the Milky Way's Center
This Is the Most Detailed Image Yet of the Milky Way's Center The Euclid space telescope's stunning photo of our galaxy's "crowded heart" captures more than 60 million stars. The European Space Agency's (ESA) Euclid space telescope has captured the largest and most detailed visible-light image ever obtained of the Milky Way's galactic bulge, the central region of our galaxy. The image is a mosaic containing more than 60 million stars, as well as nebulae and star clusters. It will allow scientists to confirm the possible presence of exoplanets using a microlensing technique and measure their masses with greater precision. Although Euclid was designed to observe billions of distant galaxies, its visible-light camera is sensitive enough to resolve individual stars at the center of the Milky Way--a region that is both extremely bright and densely populated--without being overwhelmed by the intense light.
Takeda sees return to growth within three years, new CEO says
Takeda Pharmaceutical is targeting a return on equity of at least 5% over that time, the company's newly appointed Chief Executive Officer Julie Kim said at her first news conference after assuming the top job this week. Takeda Pharmaceutical's newly appointed Chief Executive Officer Julie Kim says the company will return to growth in two to three years as it gears up for a wave of product launches. The company is targeting a return on equity of at least 5% over that time, Kim said at her first news conference after assuming the top job this week. Takeda is planning three major launches, including narcolepsy drug Oveporexton and psoriasis medication Zasocitinib in the next 12 months, while advancing a pipeline of five additional late-stage assets. It will ensure resiliency of its core therapeutic and business areas, which makes up more than half of its revenue. The company is also looking to leverage artificial intelligence, particularly in research and development, where it can accelerate the time it takes to run through pre-clinical work and improve decision making, according to Kim.
Anthropic accuses Alibaba of 'illicitly' accessing AI models
Anthropic accuses Alibaba of'illicitly' accessing AI models Alibaba's American depositary receipts sank to a session low on the news, falling more than 3% to $99.10 at 3:38 p.m. in New York on Wednesday. Anthropic accused Chinese technology giant Alibaba Group Holding of waging a large-scale effort to "illicitly" access its Claude artificial intelligence model using thousands of fraudulent accounts that undermine the U.S. AI developer's decision to keep its products out of China. Anthropic claimed that a campaign by operators linked to Alibaba's Qwen AI lab targeted Claude's most prized capabilities, including software engineering and agentic reasoning, according to a letter that the AI startup sent to several U.S. senators and White House officials. The company said it was the biggest attempt so far by a Chinese company to piggyback on the work of top U.S. labs. In its letter, Anthropic claimed that the effort involved 28.8 million exchanges with Claude between April and June through almost 25,000 fraudulent accounts, according to people familiar with the document and a copy seen by Bloomberg News. The company said the Alibaba campaign resembled past efforts by other Chinese developers that Anthropic flagged in a blog post earlier this year.
Jalapeño is the first AI chip from OpenAI and Broadcom
OpenAI and Broadcom have unveiled the design for Jalapeño, their first jointly-made chip. The pair of companies announced plans to collaborate on a making a custom AI accelerator in October 2025. In its blog post today, OpenAI called Jalapeño its first Intelligence Processor: an accelerator architected around OpenAI's vision for the future of LLM inference. In other words, the processor is designed to run its large language models. The AI company claims that so far, Jalapeño is offering performance per watt substantially better than current state-of-the-art in chip technology.
Nvidia seeks to make humanoid AI robots safer around humans
People stand near humanoid robots on display at the Nvidia booth during the China International Supply Chain Expo (CISCE) in Beijing, China June 22, 2026. Nvidia Corp. is working to make humanoid robots safer around people, arguing that they'll need to handle split-second decisions before they can be trusted to work closely with humans. The chipmaker is offering software and semiconductors that will allow humanoids to enter the workplace and truly interact with people -- even making physical contact if necessary. Nvidia's Halos software, developed from systems used for self-driving vehicles, will be the basis of computers that give robots a much better awareness of what's happening around them, the company said in a statement Monday. Nvidia and its Silicon Valley peers are racing to develop technology for robotics, billing it as the next big market for artificial intelligence. The machines will evolve into a market with billions of devices, tech executives predict.