SpaceX has agreed to acquire AI coding tool developer Cursor for US$60 billion, in a deal that underscores how competition in the AI industry is extending beyond foundation models into the application layer and developer ecosystems. The purchase gives SpaceX direct access to enterprise customers, developer communities, and high-value code data instead of rebuilding a product from scratch. Markets see it as a key addition to Elon Musk's AI strategy.
General Biologicals (GBC) held its shareholders' meeting on the 17th, saying the group is moving from restructuring into scaled, international growth. The precision medicine company is betting on clear long-term demand in global precision medicine, smart healthcare, and regenerative medicine as it expands its CLIA/AIO systems, circulating tumor cell (CTC) testing technology, Oh care brand, and overseas footprint.
Cornelis Networks has announced the successful deployment of the Lynx supercomputing cluster at the US Department of Energy's Lawrence Livermore National Laboratory, marking a significant milestone for the company's CN5000 Omni-Path networking platform and the National Nuclear Security Administration's (NNSA) Commodity Technology Systems (CTS-2) program.
Plug and Play's Wayne Soh on the shifting flows of Chinese, Indian, and Taiwanese founders through the city-state.
The G7 debate over AI has moved beyond regulation and safety pledges into a harder fight over frontier model access: who can use the most powerful systems, under what conditions, and whether governments can switch that access off.
Samsung Electronics' foundry business has signed a strategic manufacturing collaboration with Claros, a US power-management startup, to produce semiconductors designed to cut energy waste inside AI data centers, according to a Claros announcement and a report by ZDNet Korea.
As global EV market growth slows, motor makers that once relied on EV power systems are moving faster to find new growth engines. Fukuta has extended its accumulated design, integration, and manufacturing capabilities in automotive all-in-one power systems into miniaturized power module applications such as drones and quadruped robot dogs, reflecting a broader shift in resource allocation amid cooling EV growth.
Panjit International announced at its shareholders' meeting on June 18 that it will pursue a "dual-engine" growth strategy focused on automotive and artificial intelligence as demand in both sectors accelerates, backed by a capital investment target of more than NT$10 billion over the next five years.
Mirle Automation announced that chairman Houng Sun will step down and hand the role to chief executive officer Shih-Tung Lin, as the automation equipment maker moves to strengthen long-term development and leadership succession. Sun will remain on the board and has also been named honorary chairman.
Synopsys celebrated the 35th anniversary of its Taiwan operations and the opening of its new Hsinchu office on June 15. During the event, Synopsys CEO Sassine Ghazi sat down with DIGITIMES to discuss how agentic AI is transforming electronic design automation (EDA), semiconductor development, and the future of engineering work.
