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OpenAI hopes the Disney deal boosts Sora, which has high costs and limited traction; Sensor Tower: users average 13 minutes per day on Sora vs. 90 on TikTok (Financial Times)
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Sources: Intel tested chipmaking tools this year from CA-based ACM Research, which has deep China ties; ACM's two overseas units were targeted by US sanctions (Reuters)
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VC fund a16z crypto says it is expanding to Asia and opening an office in Seoul, calling South Korea the world's second-largest crypto market (Sam Reynolds/CoinDesk)
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The future of AI development could resemble the rivalry between iOS and Android, with China's AI approach closer to Google's open and customizable Android OS (Kai-Fu Lee/Financial Times)
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Simular, which is building AI agents for Mac and Windows PCs, raised a $21.5M Series A led by Felicis; Simular has released its 1.0 version for macOS (Julie Bort/TechCrunch)