☕️ Netherlands takes over Chinese-owned chipmaker Nexperia

Hi there, this is your daily ☕️ Techpresso.

In today's Techpresso:

💥 Netherlands takes over Chinese-owned chipmaker Nexperia

💰 OpenAI and Broadcom sign multibillion dollar chip deal

🍎 Apple may launch M5 iPads and MacBooks this week

🤖 Slack is turning Slackbot into an AI assistant

🧠 Meta hires Thinking Machines co-founder for its AI team

✂️ Apple discontinues its Clips app after seven years

🎁 + 13 other news you might like

🔮 + 6 handpicked research papers and tools

FROM OUR PARTNER

• The Dutch government has taken control of Chinese-owned Nexperia by invoking the "Goods Availability Act," citing threats to Europe's supply of chips used in the automotive industry.
• The chipmaker was placed under temporary external management for up to a year, with chairman Zhang Xuezheng suspended and a freeze ordered on changes to assets or personnel.
• Parent firm Wingtech Technology criticized the move as "excessive intervention" in a deleted post, as its stock plunged by the maximum daily limit of 10% in Shanghai trading.

• OpenAI is partnering with Broadcom to design and develop 10 gigawatts of custom AI chips and network systems, an amount of power that will consume as much electricity as a large city.
• This deal gives OpenAI a larger role in hardware, letting the company embed what it’s learned from developing frontier models and products directly into its own custom AI accelerators.
• Deployment of the AI accelerator and network systems is expected to start in the second half of 2026, after Broadcom’s CEO said the company secured a new $10 billion customer.

• Apple is expected to launch a new M5 iPad Pro and a refreshed Vision Pro, with the latter reportedly receiving a faster chip and an improved strap but little else.
• A 14-inch MacBook Pro with the standard M5 chip might also arrive, but models with the faster M5 Pro and M5 Max chips are not expected until next year.
• These announcements will likely happen quietly via press releases and website posts this week, as the company is expected to skip hosting a formal October product launch event this year.

• Slack is rebuilding its Slackbot into a personalized AI companion that can answer questions and find files by drawing information from your unique conversations, files, and general workspace activity.
• The updated assistant can search your workspace using natural language for documents, organize a product’s launch plan inside a Canvas, and even help create social media campaigns for you.
• This tool also taps into Microsoft Outlook and Google Calendar to schedule meetings and runs on Amazon Web Services’ virtual private cloud, so customer data never leaves the firewall.

• Meta has hired Andrew Tulloch, a co-founder of Mira Murati’s Thinking Machines, who returns to the firm after a previous 11-year period of work and a more recent stint at OpenAI.
• The recruitment is part of Meta's larger effort to staff its Superintelligence Labs division by bringing in senior people from competitors like OpenAI, Google DeepMind, Apple, and Anthropic over the summer.
• Tulloch’s exit from Thinking Machines comes just days after the AI startup, valued at $12 billion, launched its first product, a flexible API for fine-tuning language models called Tinker.

• Apple has discontinued its video-editing application Clips by removing it from the App Store for new users and has officially ceased providing any future software updates for the seven-year-old app.
• People who already have Clips installed can continue using it on current or earlier versions of iOS and iPadOS, and are able to re-download it from their purchase history if deleted.
• The company suggests exporting created Clips videos to the photo library for preservation, as the tool was designed for making short-form content with filters, emojis, and musical overlays.

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