Apple plans to launch Apple Intelligence in mainland China in December with iOS 27.3, Bloomberg reports. The first release would include the features that reached the U.S. two years ago, but not the new Siri AI.
The new Siri AI assistant and other features Apple announced this year would not be part of the December release, the people said.
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Cohere announced the initial close of a Series E round targeting up to CAD $7 billion, which would value Cohere at CAD $35.7 billion if fully raised. The companies of Schwarz Group lead the round. Cohere calls it the largest private raise by a Canadian tech company.
China's CXMT plans to begin limited HBM3E production within about two months despite yields of only 20% to 30%, Reuters reported Oct 28, citing two people familiar. It has sampled HBM3E to domestic AI chip designers, versus roughly 70% yields at SK Hynix, the sources said. CXMT did not respond to Reuters.
Marvell is in advanced talks to acquire optics maker Lumentum, Bloomberg News reported Oct 28, citing people familiar, and a source told Reuters the same. A deal could be announced as soon as next week, though talks are private and no agreement has been reached. Lumentum rose about 9% after hours and Marvell fell more than 8%, per Reuters.
Samsung reported record third-quarter operating profit of 107.4 trillion won and said it is the world's first tech company to exceed 100 trillion won in quarterly operating profit. Its chip division earned 106.5 trillion won of that, and Samsung said on its call it expects 2027 results to surpass 2026.
SAP and NTT said Oct. 28 they intend to cooperate on SAP Sovereign Cloud and SAP Business AI. As a first step, they plan to combine SAP Sovereign Cloud On-Site with NTT-managed infrastructure and operations for customers in unnamed "key markets." The companies did not announce financial terms, named markets or a timeline.
