šŸŒ Belgium has its eye on Alibaba

Plus: Two can play the space station game.

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Photo: Tingshu Wang (Reuters)

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Hereā€™s what you need to know

A Belgian probe is investigating Alibaba. It all centers around a logistics hub in LiĆØge, which Belgian security services suspect of carrying out ā€œespionage and/or interference activities,ā€ which Alibaba denies.

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China announced big space station plans. Tiangong is going from three modules to six, which extends its operating lifespan, just as the NASA-led International Space Station cruises toward retirement.

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Wealthy countries pledged billions to help poorer countries combat climate change. The pledges top $9 billion thus far, but environmental organizations have thoughts, particularly about whoā€™s not on the list.

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Hyundai and Kia are adopting Teslaā€™s charging ports. The auto brands are the latest to incorporate North American Charging Standard Ports into their EVs in the US and Canada so their drivers can use a bigger, faster charging network across the continent.

Norwegian author Jon Fosse won the Nobel Prize in Literature. His spare style, which touches on deep emotions, has come to be known as ā€œFosse minimalism.ā€

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One small number (12%) and one good point (Janet Yellenā€™s)

12%: Share of global chip manufacturing the US can call its own, a number that the Biden administrationā€™s $280 billion CHIPS Act aims to grow

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ā€œWeā€™re fooling ourselves if we think that abandoning, for all practical purposes, semiconductor manufacturing is a smart strategy for the United States,ā€ said US Treasury secretary Janet Yellen at a roundtable organized by Fortune Magazine this week.

Yellen hasnā€™t always been such a strong supporter of industrial policy, and many critics deride the CHIPS Act as a waste of money that will leave the US industry reliant on the government and thus uncompetitive. But Yellen has a great point, says Quartzā€™s Tim Fernholz, who can back it up with a look at the US semiconductor industryā€™s roots in TVs and the space program.

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Finally, the beer-serving robot future is here

Image for article titled šŸŒ Belgium has its eye on Alibaba
Photo: Doosan
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Cobots: A cute-sounding word that means ā€œcollaborative robotsā€ in industry parlance. Itā€™s the big moneymaker for Doosan Robotics, whose cobots serve beer, make coffee, and deep-fry chicken.

Doosan is also South Koreaā€™s biggest IPO of the year, raising $312 million on the Seoul stock exchange at its Thursday debut. Faustine Ngila reports on South Koreaā€™s robot hopes, and Doosanā€™s plans to put its cobots in more places around the globe.

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Walmart is showing how AI is changing retail

Quartz reporter Michelle Cheng just toured a Walmart Supercenter in Secaucus, New Jersey, where she checked out some of the retailerā€™s new AI technology. There, the companyā€™s senior vice president of operations was quick to say that the storeā€™s 750-employee workforce hasnā€™t been reduced.

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But retail is one of the fastest growing markets for AI. At Walmart, itā€™s taken the shape of apps that gauge restocking needs and shelf placement, and consumer-facing iterations help locate items in the notoriously massive stores. The technology may still be far from perfect, but the worldā€™s biggest private employer is betting billions that itā€™ll pay off.


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Surprising discoveries

Our solar system might have another Kuiper belt beyond the one we already knew about. Itā€™s Kuiper belts all the way down!

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You can now own Shrek music. Not a recording of Shrek music, you can be an investor in the music itself and get paid every time someone streams the movie or hears a tune on a theme park ride.

AI watermarks arenā€™t watertight. A computer science professor tested out current technology intended to combat disinformation and handily broke all of it.

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The US redrew some maps in a hypothetical, scary way to get citizens on board with entering World War II. It worked.

Boards Shakespeare possibly trod hath been found. Evidence is a little flimsy as to whether the Bard actually did set foot on these just-discovered floorboards at a Norfolk, UK theater.

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