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Tuesday 1 April 2025
Deepseek AI drives unprecedented demand for Nvidia's China-specific chips
Nvidia's relationship with Chinese AI startup DeepSeek has evolved dramatically, affecting Nvidia's stock price and driving strong demand for its export-controlled H20 GPU in China...
Tuesday 1 April 2025
Post-DeepSeek fallout: China's six AI startups shift from scaling to survival
DeepSeek's meteoric rise as an open-source large language model (LLM) has shaken up China's generative AI industry, redrawing the competitive map in record time. As the Financial...
Monday 31 March 2025
Japan injects US$5.4 billion into Rapidus, eyes US$660 million in private funding for 2nm chip rollout
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...
Monday 31 March 2025
Musk's xAI startup swallows up X social network in surprise deal
Elon Musk said his xAI artificial intelligence startup has acquired the X platform, which he also controls, at a valuation of US$33 billion, marking a surprise twist for the social...
Friday 28 March 2025
China's AgiBot plans new Shanghai facility to scale robot output; Lens deepens role in embodied AI

Zhiyuan Robotics (AgiBot), a Chinese AI startup specializing in embodied intelligence, has become a central player in the humanoid robotics supply...

Friday 28 March 2025
Cook visits major AI hub in China
Apple CEO Tim Cook recently attended the 2025 China Development Forum in Beijing and has arrived in Hangzhou, a prominent hub for artificial intelligence (AI) in China. He also pledged...
Wednesday 26 March 2025
India's Netrasemi to launch AI-optimized SoCs for edge computing, eyes global market
Indian semiconductor startup Netrasemi is set to launch its first AI-optimized system-on-chips (SoCs) for edge computing applications, with tape-outs scheduled at TSMC in April and...
Tuesday 25 March 2025
CoreWeave's IPO is litmus test for AI data center demand
AI infrastructure startup CoreWeave is seeking a valuation of up to US$32 billion in its upcoming IPO on the NASDAQ, with plans to raise as much as US$2.7 billion. The listing marks...
Tuesday 25 March 2025
FuriosaAI reportedly rejects Meta's US$800 million acquisition offer
Several South Korean media outlets have reported that South Korean AI chip startup FuriosaAI has rejected Meta's US$800 million acquisition proposal.
Thursday 20 March 2025
Speculation arises about Chinese EV startup Neta Auto dissolving its R&D team
Chinese electric vehicle (EV) startup Neta Auto has commenced the dissolution of its R&D staff at its Shanghai headquarters, according to industry rumors in China.
Monday 17 March 2025
TCC teams up with Fizix for cement plant AI monitoring
Cimpor, the Europe-based subsidiary of Taiwan Cement Corporation (TCC), has announced a partnership with British startup Fizix, incorporating the latter's smart sensors and AI technology...
Tuesday 11 March 2025
Asian Perspectives 5: Bridging the divide between intelligent robots and humanity
The quest for machines to mirror human capabilities remains a distant horizon, but artificial intelligence (AI) is steadily eroding the gap. A robotics startup from a key East Asian...
Tuesday 11 March 2025
xAI supercharges Colossus supercomputer: Elon Musk's AI powerhouse races toward 1 million Nvidia GPUs
xAI, the artificial intelligence (AI) startup founded by Elon Musk, has acquired 1 million square feet (93,000 square meters) of land in southwest Memphis, Tennessee, for the expansion...
Monday 10 March 2025
Anthropic raises fresh capital to supercharge AI expansion across Asia, Europe
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...
Wednesday 5 March 2025
Zhipu AI obtains over US$140 million in latest financing round
China-based startup Zhipu AI has raised more than CNY1 billion (US$140 million) in its latest round of financing, with the investment to be used to fund the development of its GLM-series...