A look at the strengths and weaknesses of US and Chinese tech industries, including China's supremacy in network equipment, commercial drones, and batteries — Chinese and American companies are locked in a hard-fought battle for technological primacy. Here's a look at where that competition is headed.
Mistral debuts Mistral Small 3.1, a 24B-parameter multimodal and multilingual open-source model it says outperforms Gemma 3 and GPT-4o-mini and runs on 32GB RAM (Michael Nuñez/VentureBeat)
Michael Nuñez / VentureBeat:
Mistral debuts Mistral Small 3.1, a 24B-parameter multimodAdobe: traffic from AI sources to US retail sites in February rose 1,200% from July 2024; 39% of US consumers used generative AI for shopping, 53% plan to do so (Mike Pastore/Search Engine Land)
Mike Pastore / Search Engine Land:
Adobe: traffic from AI sources to US retail sites inSources describe the collapse of fintech middleman Synapse that left ~$200M in customer money frozen, with entities blaming each other for shoddy recordkeeping (Fortune)
Fortune:
Sources describe the collapse of fintech middleman Synapse that left ~$200M inCoreWeave's upcoming IPO in a soft IPO market serves as a bellwether for both the tech industry and how the public market perceives AI in the years ahead (Rachyl Jones/Semafor)
Rachyl Jones / Semafor:
CoreWeave's upcoming IPO in a soft IPO market serves as a bellwCrypto payments company MoonPay acquires Iron, an API-focused stablecoin infrastructure company, a source says in a "nine-figure" deal (The Block)
The Block:
Crypto payments company MoonPay acquires Iron, an API-focused stablecoin infA developer who had a one-day session with Swift Assist in late 2024 says its UI is complete but results were not very good, and it falls apart on complex tasks (John Gruber/Daring Fireball) John Gruber / Daring Fireball:
A developer who had a one-day session with Swift Assist i
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