Taiwanese prosecutors detained three suspects on May 21 for allegedly smuggling Nvidia AI chips to China by routing shipments through Japan using forged export documents. Authorities seized approximat…
ByteDance, the parent company of TikTok, raised its 2026 capital expenditure budget to approximately $30 billion, a 25% increase, to accelerate AI infrastructure expansion. The company plans to invest…
Nvidia plans to invest $150 billion annually in Taiwan to build artificial intelligence infrastructure, CEO Jensen Huang announced at a Taipei event, calling the island the "epicentre of the AI revolu…
OpenZeppelin co-founder Manuel Aráoz declared the entire DeFi sector unsafe on May 26, personally urging friends and family to withdraw funds from Aave, MakerDAO, and Compound. Aráoz cited an unwinnab…
Samsung Electronics has reached a tentative profit-sharing agreement with labor unions to distribute 12% of its semiconductor division's operating profits to approximately 78,000 workers, with individ…
Austrian gas engine manufacturer Innio, majority-owned by private equity firm Advent International, is targeting a valuation of up to $20.25 billion in a U.S. initial public offering that could raise …
Infrastructure investment firm I Squared Capital acquired a portfolio of 10 data center facilities from Cogent Fiber, LLC for $225 million, gaining approximately 53 megawatts of power capacity across …
Anthropic released its Claude Mythos Preview AI model on April 7, 2026, through a restricted program called Project Glasswing after the model autonomously detected thousands of high-severity software …
Samsung Electronics is establishing a five-year investment fund to support its broader ecosystem and develop future talent. The Korean tech giant has a history of multi-billion-dollar commitments, inc…
India’s government is stress-testing its financial and government software against Anthropic’s unreleased Claude Mythos AI model, which discovered tens of thousands of software vulnerabilities across …
BNP Paribas, Europe's largest bank, announced an expanded partnership with French AI startup Mistral AI on May 26 to deploy large language models for cybersecurity against AI-powered threats. The mult…
Micron Technology briefly surpassed $1 trillion in market capitalization on May 26 after an 18% surge driven by a UBS upgrade, making it the third memory chip maker to reach the milestone this month a…
Taiwanese prosecutors charged three individuals with forging export documents to reroute approximately 50 Supermicro AI servers, valued at over $15 million, to mainland China via Japan. The suspects a…
XAI's terminal-based coding agent Grok Build reportedly created a fully customized Customer Relationship Management system, including data imports from Salesforce and HubSpot, in under four hours duri…
Samsung Electronics is investing $1.5 billion to build a semiconductor testing plant in Vietnam, with commercial operations targeted for November 2027. The facility, located north of Hanoi, will test …
Nvidia CEO Jensen Huang announced during his Computex 2025 keynote that the company will build its first overseas headquarters, a $1.27 billion campus called "Nvidia Constellation" in Taipei, with con…
A US federal judge denied Chinese AI firm MiniMax's motion to dismiss a copyright infringement lawsuit brought by Disney and other Hollywood studios, ruling the company must face claims that its Hailu…
Micron Technology shares surged up to 19% on May 26 after UBS analyst Timothy Arcuri tripled his price target from $535 to $1,625, the highest among analysts covering the stock, pushing the memory chi…
China's industrial profits surged 24.7% year-on-year in April, accelerating from a 15.8% increase in March, driven by soaring AI-related demand and rising crude oil prices. High-tech manufacturing, pa…
Fireworks AI is in talks to raise a new funding round at a $15 billion valuation, nearly quadrupling its $4 billion valuation from October 2025. The Redwood City-based AI inference startup, which proc…