Capac

• China's new AI model, Kimi K3, has suspended new subscriptions shortly after launch due to a surge in demand that overwhelmed its system capacity. • The outage follows significant interest from the US tech industry and highlights the operational challenges Chinese AI firms face when scaling for global users. • This development occurs amidst an intensifying US-China tech race, with other models like DeepSeek also gaining international attention.

• China has suspended new subscriptions for its powerful new AI model, Kimi K3, after a surge in demand overwhelmed system capacity within days of its launch. • The model's release has drawn significant attention from the U.S. tech industry, signaling China's growing competitiveness in the global AI landscape. • This outage underscores the critical infrastructure and scaling challenges Chinese AI developers face while attempting to serve a rapidly expanding domestic and international user base.

• China's new AI model, Kimi K3, has suspended new subscriptions after a surge in demand overwhelmed its system capacity within days of launch. • The model's rapid popularity has drawn significant attention from the U.S. tech industry, signaling strong competitive potential. • This capacity crisis underscores the infrastructure challenges Chinese AI firms face while attempting to scale services for domestic and international users.

• Intesa Sanpaolo's stock is trading steadily as investors focus on the Italian banking group's strong capital position and earnings power. • Market attention is centered on the bank's capital ratios, profit trends, and dividend capacity rather than short-term price fluctuations. • The group's financial performance is driven by corporate and investment banking, including corporate lending, M&A pipelines, and debt and equity market activities.

• Leaders from the Congressional Hispanic, Progressive, Black, and Asian Pacific American Caucuses introduced a House resolution on Wednesday calling for urgent democratic reforms. • The resolution seeks to restore and strengthen the Voting Rights Act of 1965 following the Supreme Court’s ruling in Louisiana v. Callais. • Key proposals include eliminating the 60-vote filibuster threshold in the Senate and implementing structural changes to the Supreme Court to protect voting rights.

• Union Minister Ashwini Vaishnaw announced plans to increase India's AI compute capacity to keep pace with rapid global technological advancements. • The initiative focuses on fostering strategic collaborations between the IT industry and educational institutions to drive innovation and continuous learning. • Vaishnaw urged the tech sector to develop next-generation solutions to strengthen India's competitive position as a global technology leader.

Exclusive: Deputy PM says opponents have ‘no solutions’ to possible collapse of justice system in England and WalesDrugs, drones and heat: Amber Rudd and David Lammy begin search for answers to prisons crisisOpponents of plans to release rapists and sex offenders early from prison have “no solutions” to halt the criminal justice system’s possible collapse, David Lammy has said.Under pressure from Labour MPs – including the former safeguarding minister Jess Phillips – to curb the early release scheme, the deputy prime minister said failing to implement it could leave no capacity across jails in England and Wales in November. Continue reading...