OpenAI has reportedly entered into a multi-year agreement to pay chip startup Cerebras Systems more than US$20 billion for AI server capacity, according to a report by The Information. The deal represents an aggressive move by the ChatGPT creator to diversify its hardware supply chain and mitigate its reliance on Nvidia.
China's consumer electronics supply chain is facing mounting pressure, as Lens Technology posted a sharp earnings downturn that triggered a market sell-off and raised broader concerns about industry demand and cost dynamics.
Stellantis and Microsoft announced a five-year strategic partnership on April 16 to co-develop AI, cybersecurity, and engineering capabilities.
Middle Eastern Gulf states are seeking alternative air defense systems as delays in US weapons deliveries and rising regional tensions strain existing stockpiles, according to The Wall Street Journal. Saudi Arabia, Qatar, and the United Arab Emirates (UAE) are expanding procurement beyond traditional US suppliers, turning to South Korea, Ukraine, and the UK to secure faster access to missile defense capabilities.
Amazon said on April 14 it would acquire Globalstar for US$90 a share, in a deal valued at about US$11.57 billion, accelerating its push into space-based communications and sharpening its competition with SpaceX in the race to deliver internet and mobile connectivity from orbit.
Rumors of a restructuring of Samsung Electronics's China operations are gaining momentum, with reports suggesting potential scaling back—or even partial withdrawal—from several business lines, including home appliances, televisions, and monitors.
