Honda teams up with US startup on self-driving tech

Honda has entered a multiyear partnership with US-based startup Helm.ai to enhance self-driving systems in its vehicles.

The collaboration focuses on developing advanced driver assistance for Honda’s mass market range, with a target launch set for 2027.

Helm.ai, backed by over $100 million in funding, specialises in AI camera-based perception software and simulation technologies.

Honda has held an equity stake in the firm since 2021, having invested at least $30 million to support early-stage development.

The move places Honda among major global carmakers aiming to deliver partial automation on highways and regular roads. Existing systems like GM’s SuperCruise and Tesla’s Autopilot have already pushed ahead in the driver assistance space.

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Sam Altman says US is misjudging China’s AI rise

OpenAI chief Sam Altman has warned that the US may be underestimating China’s rapid advancement in AI.

Speaking to CNBC, Altman explained that China’s use of open-source models and its manufacturing capacity may allow it to move faster in some areas of development.

He questioned the effectiveness of export controls, noting that chip restrictions may not be enough to curb long-term innovation. Chinese firms like DeepSeek and MoonshotAI are gaining traction with open-weight models that rival US offerings in cost and capability.

Altman’s comments echo concerns voiced earlier by Nvidia’s CEO, who said firms like Huawei continue to grow despite restrictions.

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SoftBank invests $2 billion in Intel to boost US semiconductor industry

Japanese technology giant SoftBank has announced plans to buy a $2 billion stake in Intel, signalling a stronger push into the American semiconductor industry.

The investment comes as Washington debates greater government involvement in the sector, with reports suggesting President Donald Trump is weighing a US government stake in the chipmaker.

SoftBank will purchase Intel’s common stock at $23 per share. Its chairman, Masayoshi Son, said semiconductors remain the backbone of every industry and expressed confidence that advanced chip manufacturing will expand in the US, with Intel playing a central role.

The move follows SoftBank’s increasing investments in the US, including its role in the $500 billion ‘Stargate’ AI project announced earlier this year.

Once a dominant force in Silicon Valley, Intel has struggled against rivals such as Nvidia and AMD. Under new CEO Lip-Bu Tan, the company is cutting 15% of its workforce and reducing costs to stabilise operations.

After a private meeting, Trump recently criticised Tan’s leadership but later softened his stance.

Shares in both companies slipped following the announcement, with SoftBank down 2.2% in Tokyo and Intel falling 3.7% in New York.

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US may take stake in Intel to boost chip production

The US government is reportedly considering acquiring a stake in Intel to support its domestic chip manufacturing plans. Talks began after Intel CEO Lip-Bu Tan met with Trump administration officials on 11 August, following calls for his resignation over alleged China ties.

President Trump has pushed for greater control over the semiconductor sector and recently criticised Tan, prompting political pressure on Intel’s board.

While Intel declined to comment on a possible deal, it stated its commitment to supporting US technology and manufacturing leadership.

The proposed stake would aid Intel’s delayed Ohio chip factory project and expand its US production capacity.

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Google launches AI tool offering flexible travellers cheap flights

Google has rolled out Flight Deals, a new AI‑powered tool for flexible, budget‑conscious travellers within Google Flights. It allows users to type natural‑language descriptions of their ideal trip, such as favourite activities or timeframe, and receive bargain flight suggestions in return.

Powered by Gemini, the feature parses conversational inputs and taps real‑time flight data from multiple airlines and agencies.

The tool identifies low fares and even proposes destinations users might not have considered, ranking options by percentage savings or lowest price.

Currently in beta, Flight Deals is available in the US, Canada, and India without special opt‑in. It is also accessible via the Google Flights menu.

Traditional Google Flights remains available, with a new option to exclude basic economy fares in the US and Canada.

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Cyber-crime group BlackSuit crippled by $1 million crypto seizure

Law enforcement agencies in the United States and abroad have coordinated a raid to dismantle the BlackSuit ransomware operation, seizing servers and domains and approximately $1 million in cryptocurrency linked to ransom demands.

The action, led by the Department of Justice, Homeland Security Investigations, the Secret Service, the IRS and the FBI, involved cooperation with agencies across the UK, Germany, France, Canada, Ukraine, Ireland and Lithuania.

BlackSuit, a rebranded successor to the Royal ransomware gang and connected to the notorious Conti group, has been active since 2022. It has targeted over 450 US organisations across healthcare, government, manufacturing and education sectors, demanding more than $370 million in ransoms.

The crypto seized was traced back to a 2023 ransom payment of around 49.3 Bitcoin, valued at approximately $1.4 million. Investigators worked with cryptocurrency exchanges to freeze and recover roughly $1 million of those funds in early 2024.

While this marks a significant blow to the gang’s operations, officials warn that without arrests, the threat may persist or re-emerge under new identities.

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India must ramp up AI and chip production to meet global competition

At the Emkay Confluence in Mumbai, Chief Economic Adviser V. Anantha Nageswaran emphasised that while trade-related concerns remain significant, they must not obscure the urgent need for India to boost its AI and semiconductor sectors.

He pointed to AI’s transformative economic potential and strategic importance, warning that India must act decisively to remain competitive as the United States and China advance aggressively in these domains.

By focusing on energy transition, energy security, and enhanced collaboration across sectors, Nageswaran argued that India can strengthen its innovation capacity and technological self-reliance.

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Perplexity AI offers US$34.5b for Google Chrome

Perplexity AI has made a surprise US$34.5 billion offer to acquire Google’s Chrome browser, which could align with antitrust measures under consideration in the US.

The San Francisco-based startup submitted the proposal in a letter of intent, claiming it would keep Chrome independent while prioritising openness and consumer protection.

The bid arrives as Google awaits a court ruling on potential remedies after being found to have maintained an illegal monopoly in online search.

US government lawyers have suggested Chrome’s divestment instead of allowing Google to strengthen its dominance through AI. Google has urged the court to reject such a move, warning that a sale could harm innovation and reduce quality.

Analysts at Baird Equity Research said Perplexity’s offer undervalues Chrome and may be intended to prompt rival bids or influence the judge’s decision. They added that Perplexity, which already operates its browser, could gain an advantage if Chrome became independent.

Google argues that most Chrome users are outside the US, meaning a forced sale would have global implications. The ruling is expected by the end of August, with the outcome likely to reshape the competitive landscape for browsers as AI increasingly shapes how users access the internet.

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New Instagram Map lets users share location with consent

Instagram has introduced an opt-in feature called Instagram Map, allowing users in the US to share their recent active location and explore location-based content.

Adam Mosseri, head of Instagram, clarified that location sharing is off by default and visible only when users choose to share.

Confusion arose as some users mistakenly believed their location was automatically shared because they could see themselves on the map upon opening the app.

The feature also displays location tags from Stories or Reels, making location-based content easier to find.

Unlike Snap Map, Instagram Map updates location only when the app is open or running in the background, without providing continuous real-time tracking.

Users can access the Map by going to their direct messages and selecting the Map option, where they can control who sees their location, choosing between Friends, Close Friends, selected users, or no one. Even if location sharing is turned off, users will still see the locations of others who share with them.

Instagram Map shows friends’ shared locations and nearby Stories or Reels tagged with locations, allowing users to discover events or places through their network.

Additionally, users can post short, temporary messages called Notes, which appear on the map when shared with a location. The feature encourages cautious consideration about sharing location tags in posts, especially when still at the tagged place.

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BlackSuit infrastructure dismantled in global raid

US law enforcement, alongside nine other nations, dismantled the BlackSuit ransomware gang’s infrastructure, replacing its leak site with a takedown notice after a coordinated operation. The group, formerly known as Royal, had amassed over $370 million in ransoms since 2022.

More than 450 victims were targeted across critical infrastructure sectors, with ransom demands soaring up to $60 million. Dallas suffered severe disruption in a notable attack, affecting emergency services and courts.

German authorities seized key infrastructure, securing data that is now under analysis to identify further collaborators. The operation also included confiscating servers, domains and digital assets used for extortion and money laundering.

New research indicates that members of BlackSuit may already be shifting to a new ransomware operation called Chaos. US agencies seized $2.4 million in cryptocurrency linked to a Chaos affiliate, marking a significant blow to evolving cybercrime efforts.

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