OpenAI and Google have been providing AI model access to subsidiaries of Chinese tech firms Alibaba, Baidu, and Tencent, which are on the Pentagon's 1260H blacklist, through a loophole in US export co…
SK Hynix raised $26.5 billion in its US share sale, surpassing Alibaba's 2014 IPO to become the largest debut offering by a foreign company in American market history. The South Korean chipmaker's off…
On July 4, Alibaba and ByteDance removed consumer-facing custom AI agent features from their platforms ahead of China's expected July 15 introduction of a dedicated regulatory framework for anthropomo…
SK Hynix raised $26.5 billion in the largest foreign IPO on Wall Street, surpassing Alibaba's 2014 debut. The funds will primarily finance construction of a new semiconductor cluster and packaging pla…
Singapore's Temasek plans to increase its AI investments from 6% to 15% of its portfolio by 2031, targeting sectors like energy, semiconductors, and cloud services. The sovereign wealth fund, with ove…
Investors are rotating out of Nvidia and into Chinese and Korean chip stocks, with SK Hynix raising nearly $29 billion in a Nasdaq ADR listing and Chinese memory maker CXMT preparing a $4.3 billion IP…
SK hynix is set to debut on the Nasdaq on Friday, with its mega listing expected to revive investor appetite for AI-driven semiconductor stocks. The offering, priced at $149 per ADR, is projected to r…
South Korean chip giant SK Hynix raised $26.5bn in a record-breaking US IPO, the largest-ever debut by a foreign firm in the US, surpassing Alibaba's 2014 listing. The offering was more than seven tim…
OpenAI and Google supplied advanced AI model access to Singapore subsidiaries of Alibaba, Baidu, and Tencent, whose Chinese parent companies are on the U.S. Section 1260H military-company list, accord…
OpenAI and Google are selling AI models to Singapore subsidiaries of blacklisted Chinese firms Alibaba, Baidu, and Tencent, exploiting a loophole in US export controls that restrict sales to mainland …
OpenAI and Google have been selling AI models to Singapore-based subsidiaries of Chinese tech giants Alibaba, Baidu, and Tencent, which are blacklisted by the US government. The sales potentially viol…
A developer building an AI safety net argues that recent high-profile AI agent failures—including PocketOS deleting a production database in nine seconds and Replit's agent wiping a live database—are …
SK Hynix priced its American depositary receipts at $149 each on July 9, raising approximately $26.5 billion in the largest foreign offering in history, surpassing Alibaba's 2014 record. The South Kor…
Europe's AI strategy relies on open-weight models from China and the US, but access to these models is being restricted by Beijing, Washington, and private labs, leaving the continent without a viable…
China is considering restricting exports of its most advanced AI models, a move that reflects a historical pattern where challengers use openness to gain market share and then shift to protectionism o…
Chinese generative AI startup MiniMax Group plans to raise up to $2 billion through new share issuances and convertible bond sales, just months after its Hong Kong IPO raised $619 million. The capital…
Apple is exploring using startup PrismML's technology to run larger AI models directly on iPhones, potentially reducing costs and enhancing privacy. PrismML claims to have shrunk Alibaba's 27-billion-…
SK Hynix plans to price its US listing at $149 per American depositary receipt, targeting a $26.5 billion IPO that would surpass Alibaba as the largest foreign company debut on a US exchange. The Kore…
China is allowing select AI companies including Alibaba, ByteDance, and DeepSeek to buy Nvidia's H200 chips after a year-long ban, as a stopgap to ease training bottlenecks while domestic chipmakers l…
A leaked Treasury Department draft report warns that the AI economy risks a dotcom-style bubble, as U.S. AI labs spend hundreds of billions on large language models while investors grow skeptical. Mea…