AI

Google Launches AI-Interaction App in UK; China Holds Emergency Meetings After US Chip Restrictions

In today's ExchangeWire news digest: Google launches a UK version of its AI-interaction app; China hosts emergency meetings with semiconductor firms following US restrictions; and UK fintech app Flux shuts down.

 

Google’s app to interact with AI system trialled in UK

Tech giant Google has launched a UK version of an app allowing users to interact with its artificial intelligence system. The trial is intended to test the performance of the company’s Language Model for Dialogue Applications (LaMDA).

Earlier this year, then Google engineer Blake Lemoint claimed the LaMDA system had developed sentience, a claim Google has adamantly denied.

 

China holds emergency talks with chip manufacturers

China’s Ministry of Industry and Information Technology has held numerous urgent meetings with semiconductor manufacturers over the past week. The closed-door meetings included talks between the ministry and executives from leading chip firms Dawning Information Industry Co and Yangtze Memory Technologies Co.

The emergency meetings were intended to assess the damage caused by the US’ recent restrictions on the purchase and sale of chips from China.

 

Digital receipts start-up Flux closes UK operations

Flux, the start-up which aimed to “kill the paper receipt” by enabling retailers to send digital receipts to customers’ phones, has shut down its network.

Launched in 2016, the London-based firm was developed under the Barclays Accelerator programme and, at its peak, was valued at USD$30m - USD$45m (~£26.6m - ~£39.9m). According to a goodbye message in the Flux app, the fintech firm’s network shut down permanently on Friday (14th October).

 

New on ExchangeWire

Pixability's Jackie Swansburg Paulino on Brand Suitability in CTV

IPA Bellwether Q3 22: Marketing Budget Growth Slows Amid Economic Turmoil

 

PressBox Digest

IAS Selected to Provide Transparency to Netflix’s Advertising Platform

Verve Group’s Match2One Launches First Ever Shopify App

LG Ads Solutions Appoints Ryan Afshar as Head of Publisher Development Europe

Want to see your latest press releases featured on ExchangeWire? Email info@exchangewire.com to find out more about our PressBox service.

 

Fact of the Day

35% - the percentage of the world's semiconductors manufactured in China in 2019.

Source: Daxue Consulting
Hannah Dillon

Hannah joined ExchangeWire as staff writer in 2022, having previously worked in marketing, communications, and social media. Hannah graduated from the University of Manchester with a BA in Drama and English Literature.

Recent Posts

Adform Campaign Planner Launch Generates Significant Online Engagement

Adform, the most powerful and safe media buying platform built for game changers, celebrates today…

2 months ago

Opti Digital Unveils New Brand Identity Reflecting Strategic Growth

Opti Digital, a premium ad revenue platform, unveils a new brand identity that embodies its…

2 months ago

Digest: Ireland pushes for Big Tech to Vet Financial Ads; Warner Bros. Discovery Considers Split as Financial Loss Continues

In today’s Digest, Ireland pushes for Big Tech to vet financial ads, Warner Bros. Discovery…

2 months ago

2025’s All In Census: Is the Ad Industry Trustworthy? 60% of Members Don’t Think So

We look at some of the key findings from this year’s All In Census (created…

2 months ago

The Stack: A Big Week for Google

This week, Google dominated headlines with bold moves across content, advertising, and AI, while lawmakers…

2 months ago

Intent IQ Achieves SOC 2 Compliance, Reinforcing Enterprise-Grade Trust in Data Security & Privacy

Intent IQ, a leading provider of identity resolution and data technology, today (May 8th, 2025)…

2 months ago