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IN THE NEWS
Thursday 27 August 2026
MiniMax revenue surges 283% as enterprise adoption increases
Chinese AI startup MiniMax Group reported a 283.1% increase in revenue, rising from US$30.4 million for the six months ended June 30, 2025, to US$116.6 million for the six months ended...
Thursday 27 August 2026
Rebellions targets 100-plus NPU racks as UK steps up chip spending
Rebellions is pursuing deployment of more than 100 NPU-based computing racks in the UK through a partnership with British AI infrastructure startup Callosum, giving the South Korean...
Thursday 27 August 2026
Anthropic prepares IPO pitch centered on a $30 trillion AI market
Anthropic is preparing for an initial public offering (IPO) and plans to tell investors its total addressable market exceeds US$30 trillion, according to people familiar with the matter...
Wednesday 26 August 2026
Data center leader leaves OpenAI, latest in wave of high-level departures
A key figure responsible for OpenAI's data center plans left the company last week, the latest in a string of departures just as it invests heavily in its AI infrastructure build-out...
Tuesday 25 August 2026
China launches record auto recall over electronic door safety
China has launched its largest-ever auto recall, involving about 4.27 million vehicles over risks tied to electronic door emergency unlocking. The action is led by Tesla and a group...
Monday 24 August 2026
Nvidia's strikes US$6B licensing deal with Poolside to accelerate Nemotron models
Nvidia reportedly struck a US$6 billion deal with startup Poolside to license its technology and hire much of its staff. The technology and personnel will reportedly support the chipmaker's...
Monday 24 August 2026
UAE weighs investment in 500 MW AI data center plan in Japan
The United Arab Emirates is considering backing a proposed 500 MW AI data center in Akita prefecture, Japan, after local officials met with the UAE ambassador on Aug. 19. The project,...
Monday 24 August 2026
Nvidia reportedly weighs Perplexity investment as AI strategy expands beyond chips
Nvidia is reportedly in discussions to invest in artificial intelligence startup Perplexity as part of a funding round that would value the company at more than US$30 billion, underscoring...
Monday 24 August 2026
India-based Raana Semiconductors in talks to raise US$10.4 million Series A for crystal-growth expansion
According to Inc42, Indian semiconductor startup Raana Semiconductors is in advanced discussions to raise about INR100 crore (US$10.44 million) in a Series A funding round,...
Friday 21 August 2026
HP Korea localizes AI strategy with Upstage in healthcare, finance
HP Korea is sharpening its localized AI strategy through a partnership with large language model (LLM) startup Upstage, and has already moved into AI transformation (AX), eyeing demand...
Friday 21 August 2026
Stripe weighs US$7 billion OpenRouter deal to expand AI model routing
Stripe is in acquisition talks to buy AI startup OpenRouter for more than US$7 billion, according to reporting by Bloomberg and Axios. The price would be more than...
Thursday 20 August 2026
LandSpace nails China's first private orbital booster landing, advancing reusable rocket race

Chinese commercial space startup LandSpace successfully launched its Zhuque-3 Y2 carrier rocket on August 19 from the Dongfeng Commercial...

Wednesday 19 August 2026
Google and AMD target post-GPU era with Frozen v2 and Taalas
Advanced Micro Devices (AMD) recently announced its acquisition of Canadian AI chip startup Taalas to sharpen its competitive edge in AI inference. Taalas' core technology bakes model...
Wednesday 19 August 2026
Z.ai says GLM-5.3 lifts coding, cyber tests, flags Cursor vulnerability

Z.ai has released GLM-5.3, a new AI model that it said delivers major gains in coding and cybersecurity through post-training alone...

Tuesday 18 August 2026
Tokyo University's satellite legacy helped build Japan's space startup wave—now comes the harder part
Japan may not possess the industrial scale or launch economics of satellite giants such as SpaceX, but the country has established its own development mechanism around persistent experimentation,...