Chinese AI chipmaker Axera Semiconductor is seeking to raise roughly $379 million in a Hong Kong IPO. The company, backed by Tencent, is a major player in visual AI inference chips for cameras and vehicles, though its losses are widening even as revenue grows.
L3Harris Technologies has secured a deal with the U.S. Navy to develop its Red Wolf vehicle for the Marine Corps. The missile is designed for long-range strikes against moving targets, including ships, beyond 200 nautical miles.
Apex Legends is officially ending its run on the original Nintendo Switch. The servers will shut down in August 2026, but the game will continue exclusively on the Switch 2. Player progress and currency can be migrated.
Former Binance CEO Changpeng “CZ” Zhao is dismissing accusations that his exchange triggered last October’s massive crypto market crash. He claims users who lost money due to platform glitches have been made whole, while defending the company’s regulated status.
The state of Michigan is demanding a Chinese battery company return millions in taxpayer funds. Gotion Inc. received the money for a massive factory that it has now walked away from, citing the project as “no longer viable.”
A community in Chile is staging a unique protest against AI’s environmental impact. For one day, their “chatbot” will be powered by human residents, not algorithms.
A new report finds developers are getting massive productivity gains from AI coding agents, with one engineer citing a 10x speed improvement. But the efficiency comes with major concerns about technical debt, job security, and the future of learning to code.
The embedded world is buzzing with hardware launches and strategic partnerships. From compact, powerful single-board computers to connecting IoT devices via satellite, the industry is pushing boundaries on all fronts.
Rumors are swirling that OpenAI could go public by the end of 2026. But the path from AI lab to publicly traded company is filled with massive, unique complications. Here’s what an OpenAI IPO would really mean.
Google’s new AI model, Project Genie, can generate interactive digital worlds from simple text or image prompts. The announcement sent shares of major game companies like Take-Two and Unity tumbling, as investors fear a fundamental disruption to traditional game development.
