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SK Hynix flies high on AI boom: successful US listing
SK Hynix, the world's second-largest memory chip manufacturer, celebrates after IPO in the US. AI demand brings investors back to memory.
Chinese AI models are developing, the USA is concerned
The global frontier AI market is evolving: Chinese AI models are rapidly developing, raising concerns in the US about geopolitical consequences.
Positron Startup Raises $750M to Compete with NVIDIA in AI Chip Development
The company is conducting a two-stage funding round with a $5 billion valuation, joining the wave of potential NVIDIA competitors.
CXMT: Chinese Chipmaker Prepares for IPO, Avoiding U.S. Sanctions
Chinese memory manufacturer CXMT (聯芯科技) is developing using primarily domestic supply chains, aiming to compete with Samsung and SK Hynix without dependence on American technology.
Former Fed Chair Bernanke Joins Anthropic's AI Oversight Board
Ben Bernanke, former chair of the U.S. Federal Reserve, has been appointed to Anthropic's advisory board, which oversees the company's compliance with public interests in AI development.
Everything is moving fast: an investor's view of Meta's AI strategy
Portfolio manager Alger discussed on Bloomberg how accelerated AI development will reshape the cloud and Meta's strategy in the technology sector. *Meta is designated an extremist organization and banned in the Russian
Chipmaker Nexchip Raises $890M in Hong Kong IPO
Chinese company Nexchip Semiconductor debuted on the Hong Kong Stock Exchange, raising $890M in its IPO, reflecting investor interest in the semiconductor industry amid the AI boom.
India in the AI Race: Bloomberg on Sovereignty Over Self-Sufficiency
Bloomberg has launched the Emerging podcast, exploring how India is competing in the global AI race against the US and China, and why technological sovereignty means smart interdependence rather than full autarky.
Neolix Advances Autonomous Logistics as Physical AI, Expands to Middle East
Neolix positions autonomous delivery robots as physical AI and expands to the Middle East, viewing automation as an answer to labor shortages and aging populations.
Malaysia's Premier Anwar Ibrahim to Launch AI Digital Double with His Own Voice
Malaysia's Prime Minister Anwar Ibrahim is creating an unprecedented AI digital double with his own voice — a rare move for a head of state aimed at meeting with citizens.
MiniMax Raises $2B for AI Model Development Through Share Offering
Chinese company MiniMax has launched fundraising of $2 billion through new share issuance and convertible bonds, joining the wave of AI investments.
Tencent Considers Buying Controlling Stake in Manus, Leading Agentic AI Company
Tencent is discussing becoming the largest shareholder in Manus, China's pioneer in autonomous AI agents, after Beijing blocked Meta's attempt to acquire the company. *Meta is recognized as an extremist organization and
JPMorgan tests AI agents for portfolio management: outperformed 60/40
JPMorgan is testing AI agents capable of allocating investments autonomously. In simulations, they delivered better results than the classic 60/40 portfolio.
SK Hynix Makes Historic Bet on AI Memory in the US
SK Hynix made a historic move, choosing AI memory as the sole focus for its entry into the US market, abandoning traditional diversification.
Big Tech Doubles Debt to $350 Billion for AI Infrastructure Spending
The largest developers of AI data centers have doubled their debt over five years to $350 billion, financing unprecedented spending on artificial intelligence development.
Sovereign AI: USA explores government stakes in OpenAI
Washington is considering direct government participation in the AI industry — possibly through investments in OpenAI to guarantee national technological independence.
SK Hynix IPO in the US: memory as a bottleneck in AI infrastructure
SK Hynix debuted on Nasdaq via American depositary receipts above its IPO price amid a global supercycle in demand for memory for AI data centers.
SK Hynix raises $26.5 billion in the largest foreign company IPO
SK Hynix carried out the largest IPO by a foreign company in US history, raising a record $26.5 billion. The chairman of SK Group discussed the role of AI-driven demand in expanding memory production.
US eases restrictions: UAE to gain access to AI chips
The Trump administration has authorized shipments of advanced semiconductors and satellites to the United Arab Emirates, opening the market for high-tech components in the region.
Pelgo chief urges governments to support workers amid AI's impact
AI could transform the jobs of nearly 80 million people in Southeast Asia, but mass layoffs have yet to emerge, the ILO says; Pelgo's chief urges governments to take more active steps.
Jones Day: AI accelerates record M&A boom, but company valuations have reached dangerous levels
AI, free capital, and soft regulation fuel record M&A deals, but Jones Day partner Robert Profusek warns of unprecedented valuations for AI companies.
xAI and Cursor released Grok for finance, legal, and programming tasks
Elon Musk's xAI, together with Cursor, released a specialized Grok for financial, legal, and programming tasks — competing with Anthropic and OpenAI for the enterprise market.
Bank of America grants OpenAI a $520 million credit line after an initial rejection
Bank of America has granted OpenAI a $520 million credit line after previously rejecting a similar request from the company — a reversal reflecting banks’ growing interest in financing AI giants.
Chinese developer Zhipu plans $4 billion follow-on share offering after 1,500% stock surge
Zhipu plans a $4 billion secondary offering on the Hong Kong Stock Exchange: since the Chinese AI developer’s January 2026 IPO, its shares have risen nearly 15-fold.
Douglas Elliman bets on AI to move beyond real estate deals
U.S. luxury real estate broker Douglas Elliman has announced a strategic bet on AI: the company plans to expand its business far beyond traditional commissions from home sales.
Temasek expands portfolio to $401 billion — AI investments become key driver
Singapore's state fund Temasek Holdings reached S$518 billion ($401 billion) at the end of the financial year, betting on AI and markets in North and South America.
OpenAI opens global access to its most advanced model after limited preview
On July 9, 2026, OpenAI opens full global access to its most powerful AI model — previously, it was available only in a limited preview.
Mistral AI introduced a navigation model for robots and is expanding into physical AI
The French startup Mistral AI introduced a navigation model for robotics, expanding its presence in physical AI after signing deals with major European industrial clients.
Crypto venture fund Paradigm raises $1.2 billion to bet on AI and robotics
Crypto-focused fund Paradigm has raised $1.2 billion and officially expanded its mandate beyond blockchain for the first time — AI and robotics are now priorities.
Citi analyst calls infrastructure software the top bet in the AI trade era
Fatima Boolani of Citi explained to Bloomberg why infrastructure software remains investors' top bet amid the tech-sector correction and the ongoing AI trade.