TNB Tech Minute: Chinese Memory-Chip Manufacturer Prepares $4 Billion Share Offering

0.031 - 19.96 Anthony Bansie

Here's your morning TNB Tech Minute for Monday, January 12th. I'm Anthony Bansi for The Wall Street Journal. Chinese memory chipmaker Changjin Memory Technologies is preparing a $4 billion share offering after making significant technical advances, upending an industry dominated by South Korean and U.S.

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companies. The offer is one of the biggest made by a chipmaker this century and comes as artificial intelligence demand continues to drive prices up. Despite the company planning to boost production with plans to expand its international business, the geopolitical walls are high as Washington continues to curb Chinese chipmakers.

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UK communications watchdog Ofcom has launched an investigation into Elon Musk's ex over its AI chatbot's creation of sexualized images.

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The probe comes amid growing concerns around the world about AI-generated sexual images and calls for authorities to take action to protect children. The investigation will determine if the social media platform failed to comply with the UK's Online Safety Act, which mandates platforms to protect users from illegal content online.

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And Google has unveiled Gemini Enterprise for Customer Experience, a set of tools that allow retailers to roll out their very own AI agents. These agents can be used to help shoppers find their desired items, provide customer support, and let people order food at restaurants.

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Major retailers, including home improvement giant Lowe's, the grocer Kroger, and the pizza chain Papa John's, say they are already using Google's tools. The release marks Google's first foray into AI agent-based shopping for retailers and comes as the newly formed agentic commerce market takes shape. And that's your TNB Tech Minute. We'll be back this afternoon with more.