Meta is enhancing its Messenger app with a range of new features, including HD video calls, voice isolation, and AI-powered backgrounds. HD calls are now the default for Wi-Fi users and can also be enabled for cellular calls. Voice isolation reduces background noise during calls, improving clarity.
The app also introduces video and audio voice messages, allowing users to leave recordings when their contacts are unavailable. iOS users gain the ability to send messages and make calls through Siri, offering hands-free convenience.
Another highlight is the AI-generated backgrounds for video calls. Users can select this feature via the “effects” icon during calls, adding a creative, customisable touch to their conversations. These updates follow recent improvements, such as end-to-end encryption by default and the addition of a Meta AI chatbot in Messenger. Meta continues to evolve Messenger into a versatile communication platform, blending functionality with cutting-edge technology to enhance the user experience.
Huawei plans to begin mass-producing its Ascend 910C AI chip in early 2025, despite ongoing struggles to achieve sufficient production yields due to US trade restrictions. The Chinese telecom giant has already sent samples to tech firms and started taking orders for the chip, designed to rival Nvidia’s high-performance processors. The company faces significant challenges, as restrictions on advanced manufacturing technologies have limited its chip-making efficiency.
The Ascend 910C is produced by Semiconductor Manufacturing International Corp (SMIC) using an N+2 process but suffers from a yield of just 20%—far below the 70% required for commercial viability. Previous Huawei processors, including the 910B, achieved yields of around 50%, leading to delays in fulfilling orders from major clients like ByteDance. Washington’s restrictions, which prevent access to critical Dutch lithography equipment, have further constrained China’s ability to produce advanced semiconductors.
Huawei’s reliance on SMIC has been costly, with chips produced on its advanced nodes priced up to 50% higher than alternatives. While the company has sought supplemental production from Taiwan’s TSMC, US authorities have tightened export controls, limiting access to cutting-edge chips and forcing Huawei to prioritise strategic government and corporate orders. The escalating trade tensions underscore the geopolitical struggle between the US and China over technological dominance, with both nations doubling down on policies to secure their interests.
As Beijing pushes for self-reliance in semiconductors, Huawei’s production challenges reflect the broader impact of US restrictions on China’s tech sector. With further curbs on the horizon, Huawei’s success in advancing its AI chips may shape the next phase of the US -China tech rivalry.
Donald Trump’s potential return to the White House is viewed as a positive development for India‘s IT services sector, according to Wipro Executive Chairman Rishad Premji. Speaking at an event in Bengaluru, Premji noted that Trump’s ‘pro-business and pro-growth’ policies, including lower taxes and fewer regulations, could encourage greater spending by corporate clients. This comes after challenging quarters for Indian IT firms, with clients cutting back on discretionary projects due to global economic uncertainty.
Premji also highlighted the need for caution regarding inflation, tariffs, and potential changes in United States immigration policies, particularly H-1B visas, which are crucial for Indian IT workers. The US account for a significant portion of the sector’s revenue. Stricter outsourcing rules could pose challenges, but analysts remain optimistic about overall growth.
JPMorgan analysts echoed this sentiment, stating that extended US corporate tax benefits could boost technology spending, further benefiting Indian IT companies. The sector will monitor Trump’s policies closely for long-term impact.
Super Micro Computer witnessed a 23% surge in its share value after revealing steps to address its delayed financial filings and avoid a potential Nasdaq delisting. The company has appointed BDO USA as its new independent auditor, replacing Ernst & Young, which resigned due to concerns over governance, transparency, and internal control issues. The new appointment comes just ahead of Nasdaq’s compliance deadline, allowing Super Micro to submit a filing plan for review. If accepted, the company could secure an extension until February 2025 to resolve its reporting challenges.
Despite the financial turbulence, optimism remains surrounding Super Micro’s AI server segment, which has shown strong demand. Analysts have highlighted the significant role of the compliance plan in maintaining investor confidence, while past challenges—including a prior delisting from Nasdaq in 2019 over missed reporting deadlines—serve as reminders of the stakes. Shares of the company have fallen by 24% year-to-date, with their current value standing far below the record highs achieved earlier this year.
If the compliance plan fails to gain approval, Super Micro can appeal the decision to Nasdaq’s Hearings Panel, triggering a 15-day stay of delisting, with the possibility of an additional 180-day extension. Industry observers are keenly watching how the company navigates its financial and regulatory hurdles, given its importance in the growing AI server market.
Super Micro’s history of regulatory and financial scrutiny adds complexity to its current situation, but its leadership remains optimistic about overcoming these challenges and capitalising on the booming AI technology demand.
Silicon Valley firm d-Matrix has launched its first AI chip, designed to enhance AI services like chatbots and video generators. Early samples are being tested by customers, with full-scale shipments expected next year.
The chip focuses on inference tasks, allowing multiple users to interact simultaneously with AI systems, such as generating or modifying videos. d-Matrix’s innovation aims to complement market leaders like Nvidia by specialising in real-time user requests.
Backed by over $160 million in funding, including from Microsoft‘s venture arm, the company has partnered with Super Micro Computer to offer servers equipped with its chips. CEO Sid Sheth highlights strong demand in video applications for multi-user interactions.
OpenAI, in partnership with Common Sense Media, has introduced a free training course aimed at helping teachers understand AI and prompt engineering. The course is designed to equip educators with the skills to use ChatGPT effectively in classrooms, including creating lesson content and streamlining administrative tasks.
The launch comes as OpenAI increases its efforts to promote the positive educational uses of ChatGPT, which became widely popular after its release in November 2022. While the tool’s potential for aiding students has been recognised, its use also sparked concerns about cheating and plagiarism.
Leah Belsky, formerly of Coursera and now leading OpenAI’s education efforts, emphasised the importance of teaching both students and teachers to use AI responsibly. Belsky noted that student adoption of ChatGPT is high, with many parents viewing AI literacy as crucial for future careers. The training is available on Common Sense Media’s website, marking the first of many initiatives in this partnership.
Catalonia‘s decision to eliminate 10,000 holiday lets in Barcelona over the next five years has sparked a legal challenge from the European Holiday Home Association (EHHA). The industry group filed a complaint with the European Commission, arguing that the ban, introduced in June, violates EU law by breaching the provision of services directive. The EHHA claims the restrictions are disproportionate and politically motivated, particularly given the housing crisis in Barcelona, where locals struggle to find affordable housing.
Catalan authorities have not granted new tourist flat licenses since 2014, but this has not alleviated the city’s housing shortage. The European Commission has expressed concerns that the new measures are excessive and could be harming the local economy. EHHA representatives argue that other factors, such as empty dwellings, are contributing more to the housing crisis than short-term rentals like Airbnb.
Barcelona’s move is part of a broader trend of European cities combating overtourism, following similar actions by places like Venice and Amsterdam. However, the issue is now reaching the EU’s political stage, with the European Commission weighing in on the matter and preparing to tackle short-term rental regulation.
The UK’s Competition and Markets Authority (CMA) has decided against investigating the partnership between Google’s parent company, Alphabet, and AI startup Anthropic. Following a detailed review, the CMA found the agreement did not qualify as a merger under UK competition law.
Concerns over competition prompted the CMA to scrutinise the deal, focusing on whether it gave Alphabet control over Anthropic’s business. The authority concluded that Alphabet’s involvement, including financial support and computing resources, did not result in material influence or loss of independence for Anthropic.
The agreement includes Google providing Anthropic with cloud services, distributing its AI models, and offering convertible debt financing. While the partnership is significant, Anthropic’s UK turnover fell below the £70m threshold required for it to qualify as a merger.
This ruling follows similar CMA decisions involving tech companies and AI startups, including clearing Microsoft’s investment in Mistral and Amazon’s $4bn stake in Anthropic. The watchdog remains vigilant about potential anti-competitive practices in the rapidly growing AI sector.
The European Central Bank (ECB) has raised concerns over a potential bubble in stocks tied to AI, warning that inflated expectations could lead to a sharp market correction. In its latest Financial Stability Review, the ECB highlighted the growing reliance of global markets, particularly in the US, on a small group of tech firms driving the AI boom. This concentration, it cautioned, could trigger widespread instability if these companies fail to meet earnings expectations.
Adding to the risks, the ECB pointed out that investors are accepting low premiums for equities and bonds while many funds are maintaining minimal cash reserves. This leaves markets vulnerable to liquidity shortages, potentially forcing asset sales that could accelerate price declines. Open-ended investment funds, in particular, were flagged for significant liquidity mismatches that could exacerbate any downturn.
The ECB also underscored broader economic challenges, including rising trade fragmentation, a concern amplified by the protectionist policies signaled by US President-elect Donald Trump. Such measures could harm eurozone growth, compounding vulnerabilities as governments like Italy and France face borrowing at much higher interest rates in the coming years. The ECB urged fiscal prudence to manage these pressures effectively.
Donald Trump’s media company, Trump Media and Technology Group, is reportedly in advanced negotiations to acquire Bakkt, a crypto trading platform backed by the Intercontinental Exchange. According to sources cited by the Financial Times, the deal would be an all-stock acquisition.
News of the talks caused Bakkt’s shares to skyrocket by nearly 66% before trading was temporarily halted due to volatility. Neither Trump Media nor Bakkt has commented on the matter, while the Intercontinental Exchange declined to respond.
If finalised, the deal would deepen Trump’s ties to the cryptocurrency industry, which he has actively supported long before the US presidential election. In a related move, Trump recently launched a new crypto initiative called World Liberty Financial.
