Xiaomi has launched an open-source voice model — MiDashengLM-7B — to power its EVs and smart home devices, stepping up its AI push beyond smartphones. It’s built on Xiaomi’s own voice tech with Alibaba’s Qwen2.5 as a base.

If you support this account, tap that ♥️ on the post. It’s always been—& always will be—about keeping you informed for free, as fast and as accurate as I possibly can Just occasionally try to like, repost, & comment. Every bit helps Thanks for 75k! Let’s get 100k by year end

FIGMA $FIG HALTED AT 112.77, UP 240% FROM IPO PRICE

SEC ANNOUNCES LAUNCH OF PROJECT CRYPTO INITIATIVE TO MODERNIZE SECURITIES RULES AND MOVE MARKETS ON-CHAIN.

FIGMA $FIG SHARES INDIATED TO OPEN AT $65/$70 vs $33 IPO PRICE

Microsoft $MSFT CEO Satya Nadella: “Every GPU requires storage and compute. The ratio of storage-to-GPU demand is exponential — it’s another key signal of the infrastructure boom ahead.” $AMD $NBIS $NVDA $CRWV

$META CEO Mark Zuckerberg just shared a letter saying, “We’re building personal superintelligence for everyone.” Here’s the full letter, titled "Personal Superintelligence" Over the last few months we have begun to see glimpses of our AI systems improving themselves. The improvement is slow for now, but undeniable. Developing superintelligence is now in sight. It seems clear that in the coming years, AI will improve all our existing systems and enable the creation and discovery of new things that aren't imaginable today. But it is an open question what we will direct superintelligence towards. In some ways this will be a new era for humanity, but in others it's just a continuation of historical trends. As recently as 200 years ago, 90% of people were farmers growing food to survive. Advances in technology have steadily freed much of humanity to focus less on subsistence and more on the pursuits we choose. At each step, people have used our newfound productivity to achieve more than was previously possible, pushing the frontiers of science and health, as well as spending more time on creativity, culture, relationships, and enjoying life. I am extremely optimistic that superintelligence will help humanity accelerate our pace of progress. But perhaps even more important is that superintelligence has the potential to begin a new era of personal empowerment where people will have greater agency to improve the world in the directions they choose. As profound as the abundance produced by AI may one day be, an even more meaningful impact on our lives will likely come from everyone having a personal superintelligence that helps you achieve your goals, create what you want to see in the world, experience any adventure, be a better friend to those you care about, and grow to become the person you aspire to be. Meta's vision is to bring personal superintelligence to everyone. We believe in putting this power in people's hands to direct it towards what they value in their own lives. This is distinct from others in the industry who believe superintelligence should be directed centrally towards automating all valuable work, and then humanity will live on a dole of its output. At Meta, we believe that people pursuing their individual aspirations is how we have always made progress expanding prosperity, science, health, and culture. This will be increasingly important in the future as well. The intersection of technology and how people live is Meta's focus, and this will only become more important in the future. If trends continue, then you'd expect people to spend less time in productivity software, and more time creating and connecting. Personal superintelligence that knows us deeply, understands our goals, and can help us achieve them will be by far the most useful. Personal devices like glasses that understand our context because they can see what we see, hear what we hear, and interact with us throughout the day will become our primary computing devices. We believe the benefits of superintelligence should be shared with the world as broadly as possible. That said, superintelligence will raise novel safety concerns. We'll need to be rigorous about mitigating these risks and careful about what we choose to open source. Still, we believe that building a free society requires that we aim to empower people as much as possible. The rest of this decade seems likely to be the decisive period for determining the path this technology will take, and whether superintelligence will be a tool for personal empowerment or a force focused on replacing large swaths of society. Meta believes strongly in building personal superintelligence that empowers everyone. We have the resources and the expertise to build the massive infrastructure required, and the capability and will to deliver new technology to billions of people across our products. I'm excited to focus Meta's efforts towards building this future. – Mark

ADIDAS SEES €200M TARIFF HIT BUT KEEPS 2025 OUTLOOK STEADY Sales in Q2 landed at €6B—slightly below analyst expectations—while operating profit hit €546M, beating estimates. Net income rose to €369M, up from €190M last year. Growth stayed good in key markets like North America and China, but concerns around U.S. tariffs and global demand kept guidance unchanged.

US AMBASSADOR TO CANADA: HOPEFULLY VERY SOON A TRADE DEAL BETWEEN CANADA AND THE US WILL BE REACHED.

$AMD has reportedly raised the price of its MI350 AI chip by $10K to $25,000 - newsis HSBC evaluated that "MI350 can now compete with $NVDA's Blackwell B200 in the market," & "AMD's AI chip sales next year will be significantly higher than the prior estimate of $9.6B, at $15.1B"