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Friday 13 June 2025
Mistral AI launches Magistral series, boosting multilingual reasoning and open-source offerings
French AI startup Mistral AI has unveiled its new Magistral series models, aiming to elevate logical reasoning performance in enterprise and open-source applications. The lineup includes...
Thursday 12 June 2025
Nvidia to build 20 AI factories in Europe, bets on quantum computing and sovereign AI
Nvidia CEO Jensen Huang announced an ambitious plan to multiply Europe's AI computing capacity tenfold over the next two years by constructing 20 new "AI factories" in partnership...
Thursday 12 June 2025
Amazon-backed rare earths startup to build recycling plant in Canada
Cyclic Materials, a startup backed by Amazon.com Inc. and Microsoft Corp., announced plans to build a rare-earths recycling plant and research center in Canada.
Thursday 12 June 2025
Meta taps top researchers from Google, Sesame for new AI lab
Meta Platforms Inc. has poached top engineers from multiple tech firms, including Alphabet Inc.'s Google, for a new team focused on achieving a more advanced form of AI called artificial...
Thursday 12 June 2025
Honda plans investment in Rapidus to support Japan's 2nm chip ambitions
Honda Motor is preparing to invest in Japanese semiconductor startup Rapidus during the second half of fiscal year 2025 (October 2025 to March 2026), with a commitment expected to...
Wednesday 4 June 2025
GUS Technology partners with TYFAST to develop high-efficiency vanadium batteries, eyes North American expansion
Taiwan-based battery manufacturer GUS Technology announced a strategic partnership on June 2, 2025, with California-based startup Tyfast Energy Corp. (TYFAST) to co-develop next-generation...
Wednesday 4 June 2025
Musk’s empire grows: xAI at $113B, Neuralink raises $650M
As Elon Musk returns to the helm of his business empire, two of his ventures are making headlines. AI startup xAI is reportedly raising US$300 million at a US$113 billion valuation,...
Monday 2 June 2025
AI infrastructure bottlenecks drive hardware startup interest
As artificial intelligence (AI) systems strain existing computing infrastructure, a new generation of startups is emerging to address fundamental hardware limitations. At Computex...
Monday 2 June 2025
Samsung nears wide-ranging deal with Perplexity for AI features
Samsung Electronics is nearing a wide-ranging deal to invest in Perplexity AI Inc. and put search technology from the artificial intelligence startup at the forefront of the South...
Monday 2 June 2025
Ex-TI, Intel, AMD executives launch AI chip startups in India as government pushes chip design
A wave of senior executives from global semiconductor giants such as Intel, AMD, and Texas Instruments (TI) are striking out on their own to launch AI chip startups in India, seeking...
Wednesday 28 May 2025
Indian GaN firm taps into Japan’s semiconductor ecosystem
An India-based gallium nitride (GaN) startup is exploring partnerships with Japanese companies to strengthen its technology stack and tap into Japan's advanced semiconductor supply...
Friday 23 May 2025
OpenAI bets big on hardware: US$6.5B acquisition of io Products signals shift from software to disruptive AI devices
OpenAI is set to acquire hardware startup io Products—founded by former Apple design chief Jony Ive—for nearly US$6.5 billion, marking a bold entry into the consumer hardware...
Friday 23 May 2025
SAP partners with Perplexity and Palantir to accelerate business AI ecosystem
German enterprise software leader SAP has announced strategic partnerships with US-based AI search startup Perplexity and data analytics firm Palantir, aiming to advance its business...
Thursday 22 May 2025
OpenAI to buy AI device startup from Apple veteran Jony Ive in US$6.5 billion deal
OpenAI will acquire the AI device startup co-founded by Apple Inc. veteran Jony Ive in a nearly US$6.5 billion all-stock deal, joining forces with the legendary designer to make a...
Wednesday 21 May 2025
MetAI and Kenmec pioneer industrial use of Nvidia Omniverse's 'Mega' blueprint for smart warehousing
MetAI, a digital twin and AI simulation startup backed by Nvidia, has partnered with Taiwan-based Kenmec Mechanical Engineering to become one of the first to implement Nvidia Omniverse's...