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Good morning. Here is what happened in tech over the last 24 hours.
Memory chips are sold out through 2027, OpenAI hit the brakes on its most capable model, and SpaceX flew its 50th West Coast mission of the year.
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Featured
Semiconductors • Over the weekend
The world's memory is sold out through 2027
Samsung, SK Hynix, and Micron have booked their factories solid. Every gigabyte of high-end DRAM and high-bandwidth memory is spoken for through the end of 2027.
AI data centers are eating the supply. Customers are getting only 60 to 70 percent of the memory they order. The rest waits in line.
This reaches your wallet. Samsung has raised some DDR5 prices by about 60 percent. A 32GB DDR5 module that ran near $149 now sells past $239. Phones, laptops, and game consoles all cost more when memory costs this much, and the chipmakers say the squeeze runs into 2027.
Read the source ›
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Artificial Intelligence • Yesterday
OpenAI hits pause on its Astra model over cyber risk
OpenAI slowed work on an unreleased model called Astra. The reason: it got too good at hacking.
The company says it cannot rule out that Astra reaches its critical cybersecurity threshold. That means finding and writing zero-day exploits with no human help.
Astra is the first model OpenAI has flagged this way. It told the White House it would delay the release and tighten its security controls first.
Read the source ›
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Space • Saturday
SpaceX flies its 50th West Coast mission of the year
A Falcon 9 lifted off from Vandenberg on Saturday morning. It carried 24 Starlink satellites to orbit.
The flight was SpaceX's 50th launch from California this year, and its 71st Starlink batch of 2026. The booster flew for the 16th time, then landed on a drone ship offshore.
The Starlink network now counts 10,923 working satellites. West Coast flights are speeding up while Cape Canaveral slows down for Starship work.
Read the source ›
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Cybersecurity • Over the weekend
Framework tells every customer their data was stolen
Framework, the maker of repairable laptops, says hackers reached data on all of its customers. Names, emails, phone numbers, and shipping addresses got out. Payment details did not.
The break-in came through Metabase, a data tool Framework uses. Attackers hit it with an unknown flaw rated 10 out of 10 for severity.
If you have ordered from Framework, watch for phishing. Thieves now hold enough detail to sound convincing.
Read the source ›
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Chips • Yesterday
China's answer to Nvidia files for a Hong Kong listing
Moore Threads wants to sell shares in Hong Kong. The Chinese GPU maker has climbed more than 420 percent since its Shanghai debut last year.
Its business is growing fast. First-half revenue rose 147 percent to 1.74 billion yuan, and its losses nearly vanished.
A Hong Kong listing opens the door to foreign money that cannot easily buy Shanghai stock. Chinese chip firms are racing to raise capital while demand runs hot.
Read the source ›
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Space & Defense • Over the weekend
Europe commits €15.6 billion to its own satellite network
The European Union signed off on IRIS2, its answer to Starlink. The plan now covers 348 satellites, up by 66.
The extra spacecraft are built for defense, security, and emergency use. Europe wants secure communication it controls, not borrowed from a US company.
Service starts in 2029, a year ahead of the old target. The bill runs past €15.6 billion, about $18 billion.
Read the source ›
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Watch This
Gaming • This weekend
Quake turns 30 with a free new campaign
Quake is 30 years old. To mark it, MachineGames and id Software shipped a free episode called Dawn of the Machine.
It adds a 19-map campaign, new enemies, and a fresh soundtrack. Anyone who owns Quake gets it at no cost, on every major console and PC.
The launch trailer runs a tight couple of minutes. Watch it below.
Watch the launch trailer on YouTube ›
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| Quick Hits |
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Hadrian raised $1.37 billion at a $7.87 billion valuation to scale its AI-run defense factories.
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Firmus raised $2 billion at a $10.5 billion valuation, backed by Nvidia, to build AI data centers across Asia-Pacific.
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Harvey is in talks to raise $500 million at a $15.5 billion valuation as its legal-AI revenue climbs.
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Stat of the Day
Hong Kong's listing boom. The city is on track for its biggest year of new share sales since 2022, and Chinese AI companies are lining up for more.
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$42B
projected Hong Kong IPO proceeds in 2026
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Thanks for reading. See you tomorrow.
Tech 24
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