WS #11636
EU court rejected Apple's challenge against EU rules designating iOS and App Store as gateways, subjecting them to strict obligations under the Digital Markets Act. SambaNova raised $1B at $11B valuation to challenge Nvidia in inference chips; French startup ZML released free software to run LLMs on multiple chip types, reducing vendor lock-in. Alibaba shares surged the most since September as investors turned optimistic on earnings and shifted capital into major Chinese internet companies. Kospi retreated more than 20% from June peak as sentiment turned on Samsung Electronics and SK Hynix amid AI chipmaker concerns. Michael Burry disclosed a short position against iShares Semiconductor ETF, betting against Nvidia, AMD, Micron, and other chipmakers, signaling potential AI correction.
Apple Loses EU Legal Battle Over Digital Rules
EU court rejected Apple's challenge against EU rules designating iOS and App Store as gateways, subjecting them to strict obligations under the Digital Markets Act.
SambaNova raised $1B at $11B valuation to challenge Nvidia in inference chips; French startup ZML released free software to run LLMs on multiple chip types, reducing vendor lock-in.
Alibaba shares surged the most since September as investors turned optimistic on earnings and shifted capital into major Chinese internet companies.
Kospi retreated more than 20% from June peak as sentiment turned on Samsung Electronics and SK Hynix amid AI chipmaker concerns.
Michael Burry disclosed a short position against iShares Semiconductor ETF, betting against Nvidia, AMD, Micron, and other chipmakers, signaling potential AI correction.