According to the latest AI Index Report released by Stanford University's Human-Centered Artificial Intelligence Institute, China is rapidly catching up with the US in developing...
Commerce Secretary Howard Lutnick has signaled he could withhold promised Chips Act grants as he pushes companies in line for federal semiconductor subsidies to substantially expand...
OpenAI, the artificial intelligence company behind ChatGPT, said it has finalized a funding round that will bring in US$40 billion from SoftBank Group Corp. and other investors at...
Japan's Ministry of Economy, Trade and Industry (METI) said on March 31, 2025, it will provide up to JPY802.5 billion (US$5.4 billion) in fresh funding to Rapidus, a domestic startup...
OpenAI expects to more than triple its revenue this year to US$12.7 billion, fueled by the strength of its paid artificial intelligence software, according to a person familiar with...
Companies in the chipmaking industry are asking for three times the available subsidies from Germany’s latest funding program, setting up one of the first challenges for the...
The Japanese government has established a Space Strategy Fund (SSF) to subsidize research and development in space technology, aiming to secure a foothold in the emerging new space...
In November 2024, Airoha Technology (Airoha) secured a NT$1.4 billion (approx. US$ 42.59 million) grant from Taiwan's Ministry of Economic Affairs (MOEA), drawing industry-wide attention...
Northvolt, once touted as Europe's best bet to challenge Asia's grip on the EV battery market, has filed for bankruptcy in Sweden after failing to secure fresh funding. A court-appointed...
Japan's 2025 budget proposal is on the verge of approval, paving the way for government investment in Rapidus, a project focused on the mass production of advanced semiconductors...
On March 11, Shanghai Guotou Pioneer Fund announced via its official WeChat account that its AI industry fund led a fresh investment round in Biren Technology (Biren), one of China's...
Anthropic, the San Francisco-based artificial intelligence startup, has closed a US$3.5 billion Series E funding round, bringing its post-money valuation to US$61.5 billion, as per...
TSMC is committing an additional US$100 billion to the US, funding three wafer fabs, two advanced packaging plants, and an R&D center. While framed as a business decision, the...
US-based electric vehicle (EV) startup Nikola has recently filed for bankruptcy protection, a move that comes as no surprise to industry insiders, who view the company as having reached...
