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.
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.
Microsoft reported a massive quarter with $81.3B in revenue, yet the stock dipped. The reason? Analysts are worried the company’s record-breaking spending on AI data centers is getting ahead of the profit curve, even as Copilot usage triples.
At Davos, tech leaders debated the real-world impact of agentic AI. The consensus? Massive productivity gains are being held back by old org structures, and the effects on jobs are not what we expected.
Apple’s earnings call revealed a major shift in its AI approach. The future Siri will be a hybrid system using on-device processing and Apple’s new Private Cloud Compute servers, which are already being manufactured and shipped.
Microsoft is reportedly reviewing and potentially removing some AI features from Windows 11 after widespread user complaints. The company now says it will prioritize fixing fundamental “pain points” like system performance and reliability.
Raymond James upgraded SanDisk to “outperform” with a $725 price target after the company demolished earnings estimates. The stock jumped over 17% on the news, fueled by explosive data center growth and a severe supply crunch.
