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Oct 12
Moonshot AI's Hong Kong IPO faces a critical ownership dispute ahead of US$50 billion debut
China's Moonshot AI is seeking to settle a shareholder dispute involving claims potentially exceeding US$700 million ahead of a potential US$5 billion Hong Kong initial public offering (IPO). Allegations concerning asset transfers and corporate governance could complicate the AI startup's listing preparations.
Fukang Technology, a northern Vietnam subsidiary of Taiwan's Hon Hai Precision Industry (Foxconn), has raised its registered capital by more than 109% to nearly VND17.47 trillion (US$710.4 million), according to business registration records reported by The Investor on October 12, 2026. The update, issued in late September, lifts the capital base from VND8.35 trillion and brings the registration in line with a capital injection Hon Hai disclosed in Taiwan in August.
Global PC shipments, including desktops, notebooks, and workstations, fell more than 20% year-over-year in the third quarter of 2026 as inventory pressure and weak demand hit the market. The decline reflects how the AI infrastructure boom is squeezing component supplies for consumer electronics while driving up prices.
Taiwan-based server management chip supplier Aspeed Technology reported consolidated revenue of NT$1.636 billion (approx. US$51.16 million) for September 2026, up 100.93% year-over-year and 0.64% from August. It was the company's 11th consecutive month of record revenue.
Taiwan's National Science and Technology Council (NSTC) has abolished its research KPI system, noting that failed projects will not affect professors' future applications for funding. The aim is to encourage academic researchers to pursue research with lower success rates and greater potential impact.
Intel CEO Lip-Bu Tan warned in Singapore that demand for AI infrastructure continues to outpace supply, with hardware shortages unlikely to ease significantly over the next 2–3 years as capacity constraints persist across memory, wafers and advanced packaging.
Sora, the AI video generation model created by OpenAI, may someday be revived after its services were shut down this year. A startup is reportedly in talks with OpenAI over access to the tool, with the aim of possibly modifying it and selling software or other services based on it.
Wistron expands Taiwan capacity with NT$8 billion investment
Oct 13, 11:07
Wistron announced plans to invest roughly NT$8 billion (approx. US$250.67 million) to expand its production capacity in Taiwan. On October 12, the board approved an additional capital expenditure of around NT$7.05 billion to renovate buildings and purchase equipment for its Kaohsiung and Hsinchu facilities, while also approving spending of no more than NT$1 billion to acquire Coretronic's factory and ancillary facilities in the Tainan Science Park.
Meta Platforms unveiled Muse Wonder and Muse Wonder Full on October 12, 2026, marking its strongest challenge yet to OpenAI and Anthropic in frontier AI. Developed by Meta Superintelligence Labs (MSL), the proprietary models target complex coding, professional workflows, and autonomous agents, although the most capable version remains restricted to subscribers.
DeepSeek is expanding its reach beyond digital chatbots into the physical world, agreeing to lead a seed financing round for Winverse AI. According to sources familiar with the matter cited by Bloomberg, the investment would value the Chinese robotics startup at approximately US$400 million.
Wistron and Wiwynn are showcasing next-generation AI compute and storage systems for AI factories at the 2026 Open Compute Project (OCP) Global Summit in San Jose, California, with all-liquid-cooled platforms and Nvidia's latest rack-scale systems taking center stage.
Europe's drive for sovereign AI faces a new test as German search engine Ecosia abandons France's Mistral AI models in favor of open-source AI, including models from China. Ecosia CEO Christian Kroll said Mistral's models performed poorly and frequently overloaded its servers, while the company's new approach has cut costs in half and improved quality and performance.