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Callosum Raises $100 Million to Cut AI Costs
Callosum has raised $100 million in early financing to develop software that matches specific AI tasks with suitable models and chips. Backers include the UK’s public AI fund.
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Onshape Adds MCP for Natural-Language CAD
PTC has launched the FeatureScript MCP Server for its Onshape CAD/PDM platform. Engineers can use natural language and AI to create custom CAD features.
Moore Threads’ Growth Comes with Big Questions
Moore Threads’ first post-IPO half-year report shows revenue rising 147% to RMB 1.736 billion, while attributable losses narrowed sharply. However, the improvement relies heavily on concentrated cloud-computing sales, government subsidies, investment gains, and IPO-funded cash reserves rather than a clear recovery in core operations.
Chinese AI Chips Struggle With Coding Inference
Chinese AI companies are optimising software to handle growing inference demand while access to high-end Nvidia processors remains limited. Domestic chips can support some inference workloads, but complex coding tasks still depend partly on scarce Nvidia capacity.
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Replit Makes AI Coding Free
Replit introduces Free Mode, powered by GPT-5.6 Luna, allowing anyone to turn ideas into working software without worrying about token costs. The feature lowers the cost barrier for experimenting with AI-assisted software creation.
GitHub Code Quality Targets AI Code Maintainability
As AI-generated code becomes more prevalent, GitHub Code Quality is placing greater emphasis on maintainability. The update highlights the need to evaluate long-term code quality alongside AI-assisted development speed.
AI Borrowing Helps Push U.S. Bond Yields Higher
The U.S. government and major AI companies are competing for bond-market capital as federal debt approaches $40 trillion and AI infrastructure financing accelerates. Rising long-term Treasury yields could increase data-center funding costs, pressure AI investment returns, and force a repricing of high-growth technology stocks.
Banma Targets the AI-Native Car Era
Banma Intelligence is shifting its automotive software strategy from traditional smart cockpits toward AI-native vehicles. The company is focusing on on-device omni-models, AI agents, and AI operating systems that could make cars more autonomous and context-aware.
Pixel 11 Pro’s AI Magic Meets Modest Upgrades
Google’s Pixel 11 Pro and Pixel 11 Pro XL introduce highly capable voice typing alongside other software improvements. However, weak gaming performance and an ineffective rear LED prevent the phones from standing out as major flagship upgrades.
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Asian Chip Stocks Slide as Selloff Spreads
A global semiconductor-stock selloff intensified, sending Samsung and SK Hynix shares down more than 7% in Seoul. The decline followed a 5% drop in the Philadelphia Semiconductor Index as investors pulled back from high-performing chip stocks.