[7/24 03:00] APEC Chengdu statement backing open-source AI / CXMT July 27 listing sparks cash drain fears

AI News Flash for July 24, 2026 at 03:00 UTC. Topics: 1. APEC Chengdu statement backing open-source AI https://www.cnbc.com/2026/07/24/china-ai-open-source-apec.html 2. CXMT July 27 listing sparks cash drain fears https://www.cnbc.com/2026/07/24/cxmt-china-ipo-listing-chip-memory.html 3. Etched raises $300M at $10.3B valuation https://siliconangle.com/2026/07/23/ai-chip-startup-etched-doubles-valuation-10-3b-new-300m-round/ 4. Nikkei falls more than 2% on AI spending worries https://www.reuters.com/world/asia-pacific/japans-nikkei-falls-more-than-2-ai-spending-worries-2026-07-24/ 5. 28.9M-parameter LLM running on an ESP32-S3 microcontroller https://www.xda-developers.com/someone-squeezed-a-289m-llm-onto-an-esp32-s3-and-so-can-you/

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[7/24 03:00] APEC Chengdu statement backing open-source AI / CXMT July 27 listing sparks cash drain fears

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