Key Points: Alibaba and China Telecom launched a data center using Alibaba's Zhenwu AI chips. This initiative supports China's drive for self-sufficiency in AI infrastructure. The data center will initially house 10,000 chips, with plans to expand to 100,000. Chinese...
Key Points: TikTok to build a second 1 billion euro data center in Finland. The investment is part of TikTok's European data sovereignty initiative. Finland's cold climate and green energy attract data centers. Finnish politicians raised security concerns about TikTok's first center. TikTok plans to invest 1 billion euros ($1.16 billion) to construct a second data center in Finland, less than a year after announcing...
Key Points: Sigenergy Technology Co aims to raise HK$4.40 billion in its upcoming public stock offering. The company will price its 13.57 million global shares at exactly HK$324.20 per share. Investors can start trading the clean energy stock on April 16 under the code 6656. Chinese regulators continue to scrutinize offshore companies trying to list in Hong Kong heavily. Sigenergy Technology Co. officially announced plans...
Key Points: Super Micro initiated an independent investigation after the United States Justice Department indicted three individuals linked to the company for export-control violations. Federal prosecutors allege the suspects successfully smuggled at least $2.5 billion worth of restricted artificial intelligence technology into China. The scheme reportedly involved routing American-made servers through Taiwan and repacking the hardware inside unmarked boxes in Southeast Asia. Two independent board...
Key Points: Pacific Investment Management Company and Bank of America are negotiating a $14 billion debt deal to fund a...
Key Points: Amazon Web Services CEO Matt Garman confirmed that recent military drone strikes severely damaged company data centers in...
Key Points: US Trade Representative Jamieson Greer wants to maintain stable relations with China while ensuring access to vital rare...
Key Points: Apple encountered unexpected engineering problems during the early test production phase of its highly anticipated foldable smartphone. Sources...
Key Points: Intel announced a massive partnership with Elon Musk’s Terafab project, joining Tesla, SpaceX, and xAI. The collaboration will...
Key Points: LG Group Chairman Koo Kwang-mo visited Silicon Valley last week to meet with leaders of top artificial intelligence...
Key Points: OpenAI formally asked attorneys general in California and Delaware to investigate Elon Musk for anti-competitive behavior. Musk currently...
Key Points: Samsung expects a record-breaking first-quarter operating profit of $37.92 billion, completely crushing Wall Street expectations. The massive profit...
Key Points: Netflix released a dedicated gaming application called Netflix Playground for children aged 8 and younger. The platform features...
Key Points: President Xi Jinping urged the rapid construction of a new energy system to protect national security. China remains...
Key Points: U.S. safety officials ended their investigation into Tesla’s "Actually Smart Summon" feature. The tool caused only minor fender...
Key Points: Indian IT firms expect low growth, with profits mostly boosted by a weak currency. Global conflicts and high...
Key Points: Samsung anticipates a massive $26.9 billion in operating profit for the first quarter, driven by an artificial-intelligence memory-chip...
Key Points: Iran issued a severe warning to the United States, promising to destroy American and Israeli technology facilities if...
Key Points: Foxconn reported a 29.7% jump in first-quarter revenue, reaching $66.60 billion, thanks to strong artificial intelligence sales. March...
Key Points: The federal labor board ordered Amazon to recognize and bargain with the Staten Island warehouse union. Workers first...
Key Points: OpenAI Chief Operating Officer Brad Lightcap will leave his current post to lead special projects directly under CEO...
Key Points: Lucid Group delivered only 3,093 vehicles in the first quarter, falling far short of the 5,237 deliveries analysts...
Key Points: Elon Musk announced that SpaceX pushed the next Starship test flight from April to early May. Engineers packed...
Key Points: The Turkish Competition Board officially opened a formal investigation into Alphabet Inc. and its Google subsidiaries. Regulators want...
Key Points: The Federal Communications Commission wants to completely ban the import of older electronic equipment manufactured by several Chinese...
Key Points: Samsung expects a six-fold profit jump to $26.9 billion for the first quarter. Massive demand for AI memory...
Key Points: The People's Bank of China officially authorized 12 additional banks to operate and manage digital yuan services. This...
Key Points: NASA's Artemis II crew successfully fired their engines to break out of Earth orbit and travel nearly 250,000...
Key Points: Australia is actively investigating major tech platforms like Meta and TikTok for failing to enforce a new social...
Google just made it incredibly easy to save your old, slow laptop from the nearest garbage dump. The technology giant...
Key Points: Artificial intelligence animation studio Toonstar signed a multi-year deal with publisher HarperCollins to create original animated series. The...
Key Points: Google is boosting AI Pro storage from 2TB to 5TB at no extra cost. Gemini AI can now...
Key Points: Institutional investors desperately want to sell $600 million in OpenAI shares but cannot find willing buyers on the...
Key Points: NASA successfully launched the 32-story Artemis II rocket from Florida to send four astronauts on a 10-day lunar...
Key Points: Amazon is currently negotiating a massive deal to acquire satellite telecommunications provider Globalstar. Shares of Globalstar immediately skyrocketed...
Key Points: Global car companies want to invest billions in the United States to avoid new import tariffs from President...
