BusinessOpenAI may delay IPO as $1 trillion valuation goal clashes with market volatilityUnspecified sources told The New York Times that OpenAI is considering postponing its initial public offering from late 2024 to next year amid turbulent markets and the fallout from SpaceX's weak public debut.3 min read
BusinessSamsung proposes $648 billion, decade-long investment plan focused on semiconductorsSamsung group is preparing to present a roughly 1,000 trillion won (~$648 billion) investment package covering the next ten years, with up to 300 trillion won earmarked for semiconductor plants in South Korea’s southwest.3 min read
BusinessWhich firms will capture returns from record AI spending?Investors have shifted from debating AI’s transformative potential to questioning how quickly massive AI investments will translate into tangible revenues.3 min read
BusinessChinese AI Firms Scale Rapidly to Challenge US Rivals Amid Security ConcernsChinese artificial intelligence companies such as DeepSeek and Zhipu are rapidly expanding and investing in efforts toward artificial general intelligence, aiming to narrow the gap with leading US models.2 min read
BusinessMicron’s stronger-than-expected quarter and AI-driven demand lift sharesMicron Technology reported substantially better third-quarter results than analysts expected, sending its share price sharply higher as investors priced in robust AI-related memory demand.2 min read
BusinessSK Hynix’s planned U.S. listing could raise up to $29.4 billion, led by major banksSouth Korea’s SK Hynix plans a U.S.2 min read
BusinessAnthropic’s Claude gains paid users and consumer interest, narrowing gap with ChatGPTAnalysis of anonymized credit-card transactions and education-platform search data show Anthropic’s Claude gaining paid consumers and growing revenue since early 2026.3 min read
BusinessGeneral Intuition raises $320M to scale a game-data trained world model for embodied agentsGeneral Intuition, spun out of Medal, raised $320 million at a $2.3 billion valuation to scale a world model trained on gameplay with embedded action labels.4 min read
BusinessMicron and Qualcomm earnings lift AI-focused tech stocks, markets rallyMicron Technology reported much stronger-than-expected quarterly results and Qualcomm raised its long-term revenue outlook, both driven by AI-related demand; their shares jumped sharply after Wednesday’s close.3 min read
BusinessQualcomm Raises Long‑Term Targets, Eyes $40B Non‑Mobile Revenue by Fiscal 2029Qualcomm significantly raised its long‑term financial targets at a shareholder day, forecasting non‑mobile revenue of $40 billion and more than $15 billion in data‑center sales by fiscal 2029.3 min read
BusinessMicron projects stronger quarter as AI-driven demand lifts memory salesMicron Technology reported third-quarter results well above expectations and forecast a stronger fourth quarter, driven by surging demand for high-bandwidth memory used in AI data centers.2 min read
BusinessNetris raises $15M Series A from Andreessen Horowitz to automate networks for neocloud GPU clustersNetris, a network-automation startup focused on speeding up deployment of GPU-backed neoclouds, has closed a $15 million Series A led by Andreessen Horowitz.3 min read
