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.
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.
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.
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.
Deezer has struck a landmark deal to license its AI music detection technology to France’s royalty collection agency, Sacem. The streaming platform reports that AI-generated tracks now make up 39% of its daily uploads. This move is part of a broader industry fight against a new wave of streaming fra
Japanese GPU cloud company Ubitus is planning a new AI data center in Maizuru City. The facility will be built in two phases on a 2.3-hectare site, with a major development targeted for completion by 2027. It will run on Nvidia’s latest Blackwell architecture.
