BusinessEarlytrade Uses Agentic AI to Price Delayed Construction PaymentsAustralian startup Earlytrade, after raising $10 million, deploys agentic AI to offer subcontractors immediate cash for part of their invoices, setting discounts in real time based on each subcontractor’s cash flow.2 min read
BusinessSoftBank's Plan to Raise Billions Using Its OpenAI Stake Falters Over Valuation IssuesSoftBank's negotiations to secure at least $6 billion through a margin loan backed by its OpenAI stake have stalled, people familiar with the matter told Bloomberg.2 min read
BusinessAsian tech and chip stocks fall as AI-related capital concentrates market liquidityAsian technology and semiconductor shares fell sharply on Wednesday after a short-lived chip-market rally on Wall Street faded and investors worried about concentrated capital flows into AI-related companies.2 min read
BusinessOpenAI, Anthropic and SpaceX Preparing IPOs Marks a New Phase for the AI SectorOpenAI, Anthropic and SpaceX are all planning public listings, a shift that will bring greater transparency and recurring performance scrutiny to the AI industry.2 min read
BusinessStandard Bots raises $200M to expand U.S. robot-arm manufacturingStandard Bots secured $200 million in new funding at a $1 billion valuation to scale up production of its robot arms in the United States.2 min read
BusinessPerplexity CEO confirms plan to pursue IPO in 2028Perplexity CEO Aravind Srinivas told CNBC the AI search company intends to go public in 2028 regardless of how market reactions unfold to impending IPOs from Anthropic and OpenAI.2 min read
BusinessGoogle orders millions of TPUs from Intel as AI demand strains chipmakersGoogle has reportedly contracted Intel to manufacture over three million tensor processing units (TPUs) with delivery by 2028, a deal that would bolster Intel’s foundry business amid global AI chip capacity shortages.2 min read
BusinessMarvell to Join S&P 500 After Strong Run; Shares Jump in PremarketMarvell Technology will be added to the S&P 500 on June 22, prompting a near 9.5% rise in premarket trading and bringing its year-to-date gain to about 210%.2 min read
BusinessSpaceX multiyear GPU deals: Google and Anthropic preorders are key threads before the IPOThe main parties are SpaceX, Google and Anthropic.2 min read
BusinessHuang: market sell-off is a buying opportunity as AI infrastructure build is only beginningNvidia CEO Jensen Huang said the recent global tech stock sell-off presents a buying opportunity because the construction of AI infrastructure is still at an early stage.2 min read
BusinessNvidia signs multi-year technology partnerships with major South Korean tech firmsDuring a visit to South Korea, Nvidia concluded strategic, multi-year technology agreements with several local companies — including SK Hynix, Naver, SK Telecom and LG Group — aimed at securing memory supply and expanding its customer base for AI data centers.2 min read
BusinessOpenAI to Expand ChatGPT into a Super-App, Targeting Enterprise Revenue Ahead of Possible IPOOpenAI plans to transform ChatGPT into a ‘super-app’ by integrating coding tools, AI agents and partner services, aiming to grow revenue from enterprise customers before a potential IPO.2 min read
