Meta finalizes investment in Scale AI, recruits CEO to build AGI team

Meta has announced a finalized investment and strategic partnership with AI startup Scale AI, along with recruiting Scale AI founder and CEO Alexandr Wang to join Meta. Scale AI issued a statement revealing that Meta’s significant investment has pushed the company’s valuation beyond US$29 billion, while Wang will join Meta to work on AI-related projects but retain his board position at Scale AI. Going forward, chief strategy officer Jason Droege will serve as interim CEO, with Scale AI continuing independent operations.

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Trump’s NATO demands fuel EU defense boom, Taiwan’s tech cash in

Europe’s military-industrial supply chain is experiencing renewed momentum as US President Donald Trump’s hardline stance on NATO defense budgets continues to reshape spending priorities across the EU. Taiwanese manufacturer MilDef Crete, specializing in rugged industrial computers, has indicated that increased defense spending within the bloc, initially driven by policies from the Trump administration, has evolved into a long-term structural trend. This heightened military expenditure is anticipated to continue beyond the conclusion of the Russia-Ukraine conflict.

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SEMI appoints Tien Wu as new Chairman of international board of directors

The SEMI has announced the appointment of Tien Wu, Chief Operating Officer (COO) of ASE Group, as the new Chairman of its International Board of Directors. Wu will succeed Mary Puma, the Executive Advisor of Axcelis Technologies, in this prestigious role, where he will lead SEMI’s global operations, oversee its talent development programs, and work toward fostering the collaborative goals of the semiconductor industry community.

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Nvidia warns US chip curbs may boost Huawei in global AI race

On June 12, 2025, at VivaTech in Paris, Nvidia CEO Jensen Huang issued repeated warnings that tightening US restrictions on AI chip exports to China may backfire, accelerating the rise of Chinese tech giant Huawei and potentially undermining America’s leadership in the global AI ecosystem. Huang emphasized that cutting off access to advanced chips may force China to double down on domestic alternatives—and succeed.

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AMD and Andrew Ng advocate open AI ecosystem to empower global developers

At AMD’s Advancing AI 2025 event on June 13, AMD CEO Lisa Su and AI luminary Andrew Ng took the stage in a wide-ranging dialogue that emphasized the importance of democratizing AI through open ecosystems, developer empowerment, and broad access to computing resources. Their conversation underscored how AI is reshaping software engineering, education, and the job market—offering both immense opportunities and distinct challenges.

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