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Jun 18
SpaceX acquires Cursor to bolster xAI and court AI developers

SpaceX has agreed to acquire AI coding tool developer Cursor for US$60 billion, in a deal that underscores how competition in the AI industry is extending beyond foundation models into the application layer and developer ecosystems. The purchase gives SpaceX direct access to enterprise customers, developer communities, and high-value code data instead of rebuilding a product from scratch. Markets see it as a key addition to Elon Musk's AI strategy.

Physical AI and ADAS-cockpit integration have become the two main forces driving upgrades in China's autonomous driving and smart cockpit supply chains, according to the latest report from DIGITIMES Research. Under this trend, automakers and tech companies are accelerating the deployment of world models and LLMs, with a new wave of mass production and commercial pilot runs expected in the second half of 2026.

Google Vice President of Engineering and Gemini model co-lead Noam Shazeer has left the company to join OpenAI, where he will focus on research into model-building methods, executives announced. The move was reported by multiple outlets and was confirmed by a public post from OpenAI leadership.
Nvidia's planned US$20 billion strategic deal with Groq is built on a simple logic: as compute gets cheaper, demand keeps expanding. In a recent interview, Groq co-founder and CEO Jonathan Ross explained why Nvidia is expected to combine Groq's LPU with its latest Vera Rubin platform and how GPU and LPU can work as complementary engines in LLM inference.
AI server orders are surging, and suppliers across the global supply chain are rapidly expanding capacity in Southeast Asia. Thailand, Malaysia, and Vietnam have emerged as the main hubs, with manufacturers racing to build plants, add lines, and secure positions in a market being reshaped by demand from cloud and AI customers.
Tesla files Megapod trademark in modular AI data center push
Jun 22, 14:01

According to a trademark application filed with the United States Patent and Trademark Office (USPTO), Tesla has submitted an intent-to-use application for a new product name: Megapod. The trademark explicitly covers modular data center hardware systems engineered for AI computing, and the system is designed to bundle computer servers, AI data processing hardware, networking equipment, power distribution units (PDUs), and advanced cooling systems into a single, integrated physical unit.

Over the past decade, annual venture capital invested in physical AI and robotics startups has surged from a few hundred million US dollars to nearly US$25 billion, more than a 10x increase concentrated in recent years.
China's artificial intelligence (AI) industry has received another major policy boost. At the 2026 Lujiazui Forum in Shanghai, China Securities Regulatory Commission (CSRC) Chairman Wu Qing announced that the STAR Market's fifth listing standard will be formally expanded to cover large language model (LLM) companies.

AI-driven memory price spikes are presenting a challenge for Samsung's smartphone business, with rising component prices eroding the affordability of its budget phones. At the same time, Samsung is seeking to use its new AI features to encourage new device purchases as memory prices dampen smartphone sales globally.

Japanese bathroom fixture maker Toto is deepening its commitment to the semiconductor industry, unveiling plans to invest JPY80 billion (approx. US$495.3 million) over the next five years to expand production of advanced ceramic materials used in chip manufacturing. According to a Nikkei Asia report, the company aims to support future-generation semiconductor processes in the 1nm range, extending a business that has become a major profit driver amid the AI boom.

Among the highlights of COMPUTEX 2026 was a color-changing e-paper concept car jointly developed by BMW and E Ink Holdings. With its surreal, sci-fi appearance, the vehicle drew the attention of tech enthusiasts in droves.

China has announced restrictions on government procurement of products made by 46 US companies, a move that could affect cross-border business ties and supply chains, with implications beyond China and the United States. The measure applies to public purchasing activities and excludes US-invested firms operating in China, according to the notice.