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2025-08-23 06:26:45

President Donald Trump says the US government is taking a 10 percent stake in chip maker Intel. Trump shared the news during a press conference on Friday, though an official announcement is still forthcoming, Reuters reports. News of a plan to convert Intel's previously promised CHIPS Act funding into equity in the company was first reported earlier in August.

A meeting between Intel CEO Lip-Bu Tan and Trump following the President's call for Tan to resign seems to be the source of the deal. "He walked in wanting to keep his job and he ended up giving us 10 billion dollars for the United States. So we picked up 10 billion," Trump shared during the press conference. 

Intel later announced more details on the investment. The company said in a press release that the government will "make an $8.9 billion investment in Intel common stock." It adds that the equity stake will be funded by $5.7 billion previously earmarked for Intel as part of the CHIPS act, and $3.2 billion awarded as part of the Secure Enclave program. Intel had previously recieved $2.2 billion in CHIPS grants, bringing the government's total spend on the chipmaker to $11.1 billion. The government paid $20.47 per share, so the $8.9 billion investment is equivalent to a 9.9 percent stake in the company. 

It's important to note that the government investing in Intel is not the same thing as receiving free money, it's the exact opposite. Despite earlier comments from US Commerce Secretary Howard Lutnick suggesting the stake would be non-voting, common stock does come with voting rights. Intel does note that the investment will be passive, with no board representation, and that the government has agreed to vote with its board of directors "on matters requiring shareholder approval, with limited exceptions."

Intel was supposed to receive up to $10.86 billion in federal funding to expand its chip manufacturing business in the US as part of the CHIPS Act. By agreeing to this deal, Tan is likely trying to make sure that funding still goes through, one of several drastic moves to keep Intel afloat. Tan assumed the title of CEO following Pat Gelsinger's sudden retirement in 2024. Since taking over, he's already committed to cutting Intel's workforce by 20 percent. Even with lower costs and guaranteed investment, the company's future is still uncertain: Intel is reportedly struggling to make its next-gen Panther Lake chips at scale. 

The Trump administration says it won't seek similar equity deals with other recipients of CHIPS act funding. That hasn't stopped them from making other equally unprecedented financial arrangements. NVIDIA and AMD reportedly struck a deal with the US government that gives the companies the ability to export products to China in exchange for 15 percent of their profits.

Update, August 22, 6:20PM ET: This story was updated after publish with more information on the deal from Intel, and the headline was changed to the dollar figure, rather than the previously stated "10 percent" amount. A section quoting US Commerce Secretary Howard Lutnick saying that the stake was non-voting was also ammended to reflect the final details of the deal.

2025-08-23 06:05:56

As the handheld PC boom has taken off, companies have tried to push the boundaries of the Steam Deck form factor Valve helped popularize. Lenovo tried detachable controllers. Acer is trying an 11-inch screen. And Abxylute is apparently combining them both (and then some) into the Abxylute 3D One, which The Verge reports features an 11-inch, glasses-free 3D display and detachable controllers, all for "under $1,700."

The Abxylute 3D One is based on a hardware prototype co-developed by Intel and Tencent that the companies demoed at CES 2025. The prototype, dubbed the "Sunday Dragon 3D One," featured a display that used eye-tracking to achieve its 3D effect. The version Abxylute is selling seems to be offering more or less the same features, with an Intel Lunar Lake chip, 32GB of LPDDR5X RAM, an 120Hz display and a built-in kickstand.

Abxylute

"Abxylute claims the product’s specifically optimized to deliver 3D for 50 of the top Steam games," The Verge writes, though it can also be used for more than gaming if you're desperate. The Abxylute 3D One will include software for converting 2D photos and video to 3D, and a detachable keyboard accessory complete with a trackpad.

No part of what Abxylute is offering here seems particularly practical, but if you like 3D and are into the company's maximalist approach, you could be getting a deal. Acer's 11-inch handheld, the Acer Nitro Blaze 11, starts at $1,100. A 3D laptop like the ASUS ProArt Studiobook 16 starts at $2,000. The Abxylute 3D One could approximate the features of both for a fairly reasonable price in the middle.

That might not make up for the fact that it seems too heavy to hold for more than 30 minutes at a time, but you can put that to the test yourself when the Abxylute 3D One goes on sale in "late September or early October."

2025-08-23 03:46:29

Last week, Samsung announced the world's first Micro RGB TV and while it sounded fantastic on paper, you can never really get a good sense of what a fresh display looks like until you see it in person. But after going to Samsung's new headquarters in New Jersey, I can attest that it is truly a sight to behold.

Now, before we get to the TV itself, it's probably a good idea to dive into what's going on with Samsung's latest panel tech. In many ways, Micro RGB is a step up from current Mini LED screens. On a technical level, the Micro LEDs and the self-emissive pixels of Samsung's The Wall probably remain the more sophisticated end goal for next-gen TVs.

At its core, Micro RGB is still based on LCD tech, the difference is that instead of using blue or white backlighting like a lot of sets today, it features individually controlled red, green and blue Micro LEDs (hence the name Micro RGB) to produce an even wider range of colors. The result is that Samsung claims this is the first TV to cover 100 percent of the BT.2020 standard. For context, that covers more than 75 percent of the visible spectrum and has an even wider color range than what you get from DCI-P3, which is one of the most commonly used high-end standards for modern filmmaking.

In person, that means the TV can produce stunningly rich and vivid colors that put Samsung's other top-tier TVs to shame, including the new Neo QLED QN90F which starts at a whopping $26,999. Like its sibling, Samsung's Micro RGB TV is only available in one size (115 inches) and has a similar design, while its panel features a 144Hz refresh rate and a matte glare-free coating. But that's kind of where the similarities end, because this new flagship model features four times the number of dimming zones. Furthermore, because the Micro RGB LEDs require more computing power to manage all those pixels, Samsung had to create a new RGB Engine AI processor to properly control everything.

In short, this is a lot of words to describe what might be the best-looking TV I've ever seen. While I only got to view some demo footage (which admittedly is designed to make the set look its best), I couldn't help but appreciate the sheer intensity of the hues and shades on display. When the video loop shifted to primarily blue and green scenes, the TV's color depth was almost overwhelming. That said, due to the immense size of the panel, when you get up close, it's easy to see individual pixels. However, when you're sitting in its sweet spot (about 11.5 feet from the display), everything looks ridiculously sharp and overflows with detail. And even for those off-center, there appeared to be no falloff in brightness or saturation.

Sam Rutherford for Engadget

Now, of course, the major downside of Samsung's new Micro RGB TV is that at $29,999, it makes everything but The Wall (which starts at a cool $40,000) seem cheap. But the funny thing is that when compared to the Neo QLED QN90F, which Samsung also had on display in a nearby room, the difference in quality and color was immediately obvious. This sort of makes me wonder why anyone with super deep pockets would even consider the latter just to save a few thousand dollars, because when you see them in person, there's no doubt which set is superior.

Unfortunately, the Micro RGB's full glory doesn't translate across the internet due to the much more limited specs of the web. It's one of those things you need to see for yourself to fully grasp. But if you're the kind of person with enough money that you don't need to care about price tags, Samsung's latest flagship should be an immediate contender as the centerpiece in your mansion.

2025-08-23 02:45:29

Apple might use Gemini to power its revamped version of Siri, Bloomberg reports. The companies are in the early stages of exploring a partnership, with Google training a version of its Gemini model that can run on Apple's servers. The iPhone maker was previously reported to be considering similar partnerships with OpenAI and Anthropic.

"The company is simultaneously developing two versions of the new Siri: one dubbed Linwood that is powered by its models and another code-named Glenwood that runs on outside technology, " Bloomberg writes. A final decision has yet to be made on what AI model Apple will ultimately use, but it's entirely possible it sticks with its internally-developed models.

While seceding a potentially key technology to a competitor seems decidedly un-Apple, it's a testament to how much difficulty the company has had rolling out Apple Intelligence. Apple included the majority of its new AI features in the release of iOS 18, but failed to ship an updated version of Siri that can draw on personal data to take action in apps. Apple ultimately admitted the Siri update was delayed in March, with the new launch now expected sometime in 2026.

The turmoil caused by the delay reportedly led to Apple's various AI projects changing hands internally, and the company's decision to consider using a third-party AI model. As of the launch of the Pixel 10, Gemini now offers a similar set of capabilities to what Apple promised with the new Siri. It could presumably do the same things on iOS with the right changes. Using a version of Gemini that runs on Apple's hardware and servers — the company calls this Private Cloud Compute — could also add an additional layer of security.

Apple was reportedly planning to offer Gemini as an alternative to ChatGPT in Apple Intelligence, but the option has yet to ship. Having Gemini power some of its AI features would put Apple in a similar position to Samsung, who's Galaxy AI relies on a mix of custom models and Gemini.

2025-08-23 01:19:48

On Friday, Ubisoft announced… something. The company describes The Division 2: Survivors as "an updated take on the survival extraction experience." Is it DLC? Is it a new game mode? We have no idea. But Ubisoft said it will "strive for transparency during its development." Unfortunately, that didn't apply to its announcement.

Ubisoft said Survivors is in its early stages, which may explain the lack of detail. Other media outlets have reported that it will come in 2026. But the company's franchise roadmap places its release date under "TBA."

"The Division 2: Survivors is as much your baby as it is ours, and we strive for transparency during its development," Executive Producer Julian Gerighty wrote in the announcement blog post. "Clear communication and community involvement are a focus as we build the new experience, and we will be closely involving you as we move forward on the development journey."

Ubisoft

Ubisoft also confirmed that its free-to-play mobile game is still in the pipeline. The Division Resurgence is expected this year. The company announced a delay last summer.

A Redditor who played a beta version in 2023 described it in less than appealing terms. "Overall, Resurgence is a console clone of The Division, where you can team up and play with clunky, small mobile controls." To be fair, much could have changed in its development since then. Regardless, you can sign up for the closed beta on Ubisoft's website.

2025-08-23 00:42:27

Google held its annual Made by Google showcase this week, during which it unveiled the latest Pixel phones and various new AI features. What it didn’t announce is a Gemini-powered smart home speaker, but it might have snuck one into the presentation as an easter egg.

As spotted by The Verge, about 15 minutes into the stream, on a table next to F1 driver Lando Norris during a Gemini demonstration, you can clearly see what looks a lot like a smart speaker. The fabric-wrapped device we see in the video is white with a light around its base, and it looks more like an upside down HomePod mini than any of Google's other speakers. According to Android Headlines, it’s called the Google Home Speaker, and is unsurprisingly powered by Gemini.

Android Headlines claims to have seen more images of the as-yet unannounced smart speaker, which it says will also be available in red, light green and black. It adds that Google’s Gemini Live AI assistant will be a baked-in feature for voice conversations, though without a screen or camera there’s no visual element here. There could also be new natural voice options on the speaker, as well as standard features like media control and smart home automations. It can reportedly also detect unusual sounds like breaking glass or smoke alarms and can send an alert to your phone or tablet if this happens.

According to the Android Headlines report, the Home Speaker can pair with a Google TV Streamer and double as an additional surround sound speaker, much like the HomePod does with Apple TV. It functions as a smart hub too, with support for Matter. Google announced Gemini for Home this week, which will gradually replace Google Assistant on the company’s existing smart devices, with free and paid tiers offered to users.

What the leak doesn’t contain is a launch date for this mysterious speaker. But given that Google was seemingly happy enough to have one sitting there in its most important keynote of the year, the smart money would be on an official reveal pretty soon. Engadget reached out to Google for comment, but the company said it had nothing to share at this time.