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.
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.”
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.
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
Meta plans to nearly double its capital expenditures to up to $135 billion in 2026. Microsoft’s quarterly capex hit $37.5 billion. Both companies are telling investors to look past the massive numbers and focus on long-term monetization.
A new study reveals professionals naturally split into three AI collaboration styles, each with radically different outcomes for performance and skill development. The most common style isn’t the most accurate, and over a quarter of workers risk hollowing out their own expertise.
India is consolidating 29 labour laws into four new codes, with a standardized wage definition at the core. This fundamentally changes how salaries and statutory benefits are calculated, pushing legacy systems to their limits.
Tesla is signaling a massive strategic shift. The company plans to spend $20 billion this year, pivoting hard from electric vehicles toward AI, driverless tech, and humanoid robots. This comes as its automotive revenue, still 70% of its business, fell 10% in 2025.
