Intel to Cut Data Center Jobs; Nissan Recalls SUVs; China to Build EV Truck Charging Stations

Nissan North America is recalling approximately 168,000 vehicles in the U.S., including certain 2020-2026 Nissan Armadas and 2011-2027 Infiniti QX56/QX80 models equipped with 22-inch wheels. The recall, announced by the National Highway Traffic Safety Administration (NHTSA) on July 21, is due to an incorrect Gross Axle Weight Rating (GAWR) on the certification labels, which could lead to vehicle overloading and increase crash risk. In the tech sector, Intel is reportedly planning a new round of layoffs within its data center division as part of a strategic realignment to create a more focused and efficient organization. Meanwhile, Meta and Nvidia are collaborating with a UK AI startup, CuspAI, on a materials discovery project for the semiconductor industry. CuspAI, which has received investment from Jeff Bezos and the UK government, recently raised $450 million at a $2.6 billion valuation. TSMC stated it is not concerned about potential supply disruptions from Central Glass halting production of high-purity tungsten hexafluoride, citing a diversified global sourcing strategy and multiple alternative solutions. Crypto wallet company Exodus Movement will lay off 25% of its global workforce to streamline operations and support its pivot towards stablecoin payments and card infrastructure. Samsung Electronics is reportedly considering a plan to build four new wafer fabrication plants in South Korea over the next five years, with potential sites including Pyeongtaek, Yongin, and Gwangju. Microsoft and AMD are expanding their partnership, with Microsoft set to deploy AMD's next-generation AI chips and processors, including the Helios platform, on its Azure cloud for AI services and model inference. Alibaba's Qwen has launched Qwen-Image-3.0, its third-generation image generation model, supporting high-resolution inputs and multilingual rendering. Tencent's Hunyuan has introduced Hyra-1.0, an AI agent designed for recursive self-improvement in research and engineering tasks, with applications in gaming, design, and content creation. AI security firm RealAI has secured hundreds of millions of yuan in Series B funding to advance its secure and trustworthy large model systems. Moonshot AI's head of enterprise business, Huang Zhenxin, revealed that API calls account for 70% of their B2B revenue, indicating a sustainable business model, and announced the upcoming launch of their Kimi Hosted Agent platform. China plans to construct over 3,000 charging and battery-swapping stations for electric heavy-duty trucks across key regions and transportation hubs to support the electrification of freight transport. Chinese airlines now operate over 1,000 regular routes, with international passenger flights reaching 80 countries and 177 cities across five continents.