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Wednesday 1 October 2025
Cerebras raises US$1.1 billion in Series G funding, valuation hits US$8.1 billion
US AI chip startup Cerebras Systems has completed a US$1.1 billion Series G funding round, elevating its valuation to US$8.1 billion. The funding round saw participation from the venture...
Wednesday 1 October 2025
OpenAI posts US$7.8b operating loss despite US$4.3b revenue in 1H25
OpenAI's revenue in the first half of 2025 reached US$4.3 billion, already surpassing its full-year 2024 revenue. However, due to persistently high R&D expenditures, the company...
Wednesday 1 October 2025
China's Zhaoxin unveils KH-50000 server chip in direct shot at AMD
Shanghai Zhaoxin Semiconductor has unveiled the Kaisheng KH-50000 server CPUs, aiming squarely at AMD's EPYC line. Debuting at Alibaba Cloud's Apsara Conference 2025, the chips were...
Wednesday 1 October 2025
Trump, Xi talk 'tech truce' as Oracle takes over TikTok's US future
US President Donald Trump and Chinese President Xi Jinping held a phone call on September 19, a conversation Trump later called "very productive" and " very good ." The call has sparked...
Wednesday 1 October 2025
CoreWeave inks US$14.2 billion AI cloud deal with Meta, signaling surge in AI infrastructure demand
CoreWeave, a cloud computing services provider, disclosed in a US Securities and Exchange Commission filing on September 25 that it has entered into a new order form with Meta Platforms...
Wednesday 1 October 2025
Merck Group names Kai Beckmann as next CEO, Belen Garijo to step down in 2026
Merck Group's parent company, E. Merck KG, has announced the appointment of Kai Beckmann as the new chairman of the executive board and CEO, effective May 1, 2026. Beckmann will succeed...
Wednesday 1 October 2025
OpenAI prepares AI-generated short-video app with TikTok-like interface
OpenAI is reportedly developing an independent app that will feature a vertical video feed similar to TikTok, but with all content generated by artificial intelligence. According to...
Wednesday 1 October 2025
Malaysian EMS giant posts first quarterly loss in five years on tariffs
V.S. Industry Bhd. reported a rare quarterly loss, its first in more than five years, as reciprocal tariffs and weaker customer demand weighed on sales. The Malaysian electronics manufacturing...
Wednesday 1 October 2025
LG Electronics India eyes US$8.7 billion valuation in October IPO
LG Electronics Inc.'s Indian unit is preparing to launch its long-awaited initial public offering on October 7, 2025, targeting a valuation of up to INR774 billion (US$8.7 billion),...
Wednesday 1 October 2025
OpenAI CEO rumored to secure AI chip and server supply in low-key visit to Taiwan
OpenAI is intensifying efforts to expand its artificial intelligence computing infrastructure, relying heavily on Taiwan's semiconductor supply chain. On September 30, OpenAI CEO Sam...
Wednesday 1 October 2025
Techman Robot eyes US plant amid Section 232 tariff impact on robotics
Techman Robot chairman Shi-chi Ho highlighted that rapid advances in artificial intelligence (AI) in recent years, from large language models (LLM) to vision-language models (VLM),...
Wednesday 1 October 2025
Cohere hits US$7 billion valuation, deepens AMD partnership
Canadian artificial intelligence startup Cohere has secured an additional US$100 million in funding, elevating its valuation to US$7 billion. The company also announced an expanded...
Wednesday 1 October 2025
SK Telecom launches independent AI company with US$3.5 billion investment plan over 5 years
SK Telecom (SKT) has established an internal independent company, AI CIC, to consolidate and expand its AI business, accelerating AI innovation. The company plans to invest KRW5 trillion...
Wednesday 1 October 2025
Foxconn marks 50 years at Tucheng Industrial Park with vision for AI-driven, net-zero future
The Ministry of Economic Affairs (MOEA)'s Tucheng Industrial Park marked its 50th anniversary with a tea party on September 26, which featured leading tenants including Hon Hai Precision...
Wednesday 1 October 2025
Apple supplier BOE expands beyond displays with robotics and AI software unit
BOE Technology, a major Apple display panel supplier, has established a wholly owned subsidiary to expand into robotics and artificial intelligence (AI) software. Sina and...