Google’s Gemini API now offers “implicit caching,” claiming up to 75% savings by automatically reusing repetitive context in Gemini 2.5 models, aiming to reduce costs and manual caching work for developers.
Source: TechCrunch
Appfigures estimates Apple’s U.S. App Store earned over $10.1 billion in commissions in 2024, with developers generating $33.68 billion. Globally, App Store commissions hit $27.39 billion, though discrepancies remain between Appfigures’ analysis and Apple’s reported figures.
Source: TechCrunch
Geely plans to take its EV unit Zeekr private, offering $25.66 per ADS, amid U.S.-China tensions. Valued at $6.5 billion, the move aims to shield Zeekr from market pressures while continuing its robotaxi partnership with Waymo. Source: TechCrunch
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Nvidia plans to launch a downgraded H20 AI chip for China by July, responding to U.S. export restrictions. The modified chip will have reduced specs, aiming to retain Nvidia’s presence in the crucial $17 billion Chinese market. Source: TechCrunch
Meta has appointed Robert Fergus, former Google DeepMind research director, to lead its FAIR AI lab. FAIR, behind Llama models, has recently struggled with staff departures to startups and Meta’s newer GenAI group. Source: TechCrunch
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