In 1914 Joseph Pilates was sitting in a World War I-era internment camp watching his fellow inmates waste away when he had an idea. As he later recounted to a journalist, the skinny prison courtyard cats kept spry and limber, stretching and moving even as they starved — could the German citizens interned in the […]

Financial Times:
Big Tech's AI data center plans, which are set to need an estimated 44GW of additional capacity by 2028, face a power crunch that could deflate the AI “bubble”  —  A lack of electricity for new data centres could deflate the AI ‘bubble’  —  Rafe Rosner-Uddin in San Francisco …

Cissy Zhou / Nikkei Asia:
Users of ByteDance's agentic AI phone Nubia M153 report that its Doubao assistant is blocked or limited by Tencent's WeChat, Alibaba's Taobao, and other apps  —  HONG KONG — A battle over online security and consumer eyeballs is brewing among China's tech giants.

Laith Al-Khalaf / Financial Times:
Singapore-based banking and payments startup Airwallex raised $330M at an $8B valuation, after raising $300M at a $6.2B valuation in May, and plans a US HQ  —  Payments company opens San Francisco base and reduces Tencent's holding in US pivot  —  A Singapore fintech that was labelled a …

Alex Dooler / Bloomberg:
Binance receives three licenses from Abu Dhabi's financial regulator, allowing comprehensive operations across its exchange, clearing, and brokerage arms  —  Binance has won three separate licenses from Abu Dhabi's financial regulator, giving the crypto exchange giant one of its most comprehensive regulatory footholds yet.