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Thursday 11 June 2026
OpenAI reportedly eyes IPO within a year as it readies new AI model and massive infrastructure push

OpenAI is targeting a public listing within the next year, according to an internal message from CEO Sam Altman obtained by

Thursday 11 June 2026
China's embodied AI boom tests whether robots can repeat the EV miracle
China's embodied AI sector is entering a financing cycle that increasingly resembles the early days of electric vehicles. Investors, local governments, and technology groups are backing...
Wednesday 10 June 2026
OpenAI reportedly nears 10GW Ohio lease with Nvidia backing, sealing its pivot from building to renting compute
OpenAI is in advanced talks to lease a planned 10-gigawatt data center campus on federal land in Ohio, in what would be the company's largest infrastructure commitment to date, The...
Wednesday 10 June 2026
Broadcom, Apollo, Blackstone launch US$35B AI infrastructure platform to power next wave of AI growth
Broadcom has partnered with Apollo Global Management and Blackstone's Credit & Insurance business to launch the AI XPV Platform, a new financing vehicle backed by an initial US$35...
Wednesday 10 June 2026
Chinese AI startup StepFun seeks US$12 billion valuation in Hong Kong IPO
Chinese artificial-intelligence (AI) startup StepFun is preparing to file for a Hong Kong initial public offering as early as Monday, according to people familiar with the matter,...
Tuesday 9 June 2026
Anthropic secures US$35 billion private loan package backed by Broadcom for TPU capacity
Anthropic completed a US$35 billion private credit financing led by Apollo Global Management and Blackstone, the firm announced, in one of the largest deals in the private credit market...
Thursday 4 June 2026
Tripo AI raises nearly US$200 million to expand 3D and world model research
Tripo AI said it has completed its Series A+ and Series A++ financing rounds, raising nearly US$200 million as it pushes deeper into AI 3D foundation models and world models.
Tuesday 2 June 2026
Alphabet signals heavier AI capex cycle with US$80 billion infrastructure raise
Alphabet said it will raise US$80 billion in equity to fund a rapid expansion of artificial intelligence infrastructure as demand for its services accelerates, signaling a more capital-intensive...
Monday 1 June 2026
Taiwan's AI boom has a blind spot — and lenders are filling it
Taiwan's economy has become one of the most closely watched in the world, riding a surge in global demand for semiconductors and advanced AI servers that have powered exports and private...
Monday 25 May 2026
CATL weighs stake in AI startup deepSeek

According to several people familiar with the matter, Contemporary Amperex Technology Limited (CATL), the world's largest maker of electric-vehicle...

Monday 25 May 2026
India-based Cyient Semiconductors raises US$30 million to scale power chips for global AI markets
Cyient Semiconductors has secured a total of about US$30 million in financing from Edelweiss-managed funds and co-investors, comprising a US$10 million equity investment at a valuation...
Tuesday 19 May 2026
OpenAI surpasses 900 million users and signals possible new fundraising amid compute shortfall
OpenAI said it has crossed 900 million weekly active users for ChatGPT and completed a US$12.2 billion private financing round at the end of March, but executives signaled the company...
Wednesday 13 May 2026
Taiwan to set up US industrial parks as bilateral ties deepen
The US may soon see Taiwan-style industrial parks, according to officials and industry representatives who recently visited the country to attend a trade summit. The development could...
Monday 11 May 2026
PCL Technologies to buy precision plastics and metal parts maker to target CPO components for data centers
PCL Technologies announced that its board approved a plan to acquire 100% of Pingood Group, including Pingood Enterprise Co., Pingood (Thailand) Co., Ltd., Pingji Electronics (Dongguan)...
Friday 8 May 2026
Taiwan firms' US investment tops forecasts; government lines up US$50 billion financing
The Ministry of Economic Affairs (MOEA) announced on May 6 that, excluding TSMC, about 20 Taiwan companies plan to invest US$35 billion in the US. The statement comes after US President...