China's DeepSeek taps CITIC Securities for domestic IPODeepSeek's engagement of CITIC, which has not been reported so far, is an indication that the startup is moving along in its IPO plan. Comp...
09 Sep, 2026, 11.46 AM IST
OpenAI offers AI for chip design, touts cost advantage over open-source, CFO saysSpeaking at Goldman Sachs' Communacopia + Technology Conference in San Francisco, Friar said OpenAI is focusing on sectors including chip d...
09 Sep, 2026, 08.11 AM IST
Shenzhen Longsys Electronics secures $903 million funding to boost AI data center technology expansionShenzhen Longsys Electronics raised over seven billion Hong Kong dollars in its recent stock offering. This significant capital infusion is...
08 Sep, 2026, 12.21 PM IST
China’s AI capex jumps 105% YoY, but Jefferies says US cloud giants face greater risksChinese tech giants sharply increased AI capital expenditure in Q2 2026, driven by inference demand and chip availability. However, Jefferi...
07 Sep, 2026, 03.58 PM IST
GPT-6 Astra signals new leap in AI autonomyUnveiled on Thursday, Astra has outperformed rival models from Anthropic, Google, Meta and Chinese labs Alibaba and Moonshot on key benchma...
05 Sep, 2026, 06.00 AM IST
DeepSeek plans big Huawei AI chip order to power new data centreThe startup doesn’t currently plan to use the 950DT chips for training, one of the people said, even though Huawei designed and marketed th...
05 Sep, 2026, 12.46 AM IST
ByteDance secures $29.6 billion loan in AI push, sources sayByteDance secured a massive $29.6 billion loan from nearly thirty banks. Chinese banks provided over sixty percent of this significant loan...
04 Sep, 2026, 05.18 PM IST
Nvidia buying artificial intelligence platform Hugging Face for $13 billionJensen Huang wrote in a blog post Thursday that more than 18 million developers, researchers and creators use Hugging Face to share more th...
04 Sep, 2026, 12.56 PM IST
Global Market: China stocks rebound, but weekly loss looms as AI rally coolsChina’s mainland stocks gained on Friday, but major benchmarks remained on track for weekly losses as fading momentum in AI shares and elev...
04 Sep, 2026, 11.50 AM IST
China stocks head for weekly loss as AI rally loses steamChinese stocks posted gains on Friday, though the week ended with a decline. A notable shift in investor focus moved away from AI shares to...
04 Sep, 2026, 10.51 AM IST
Chinese AI firm Moonshot files confidentially for Hong Kong IPOMoonshot's latest version, Kimi K3 released in July, has met with positive reviews and robust demand, and sources have said the startup is ...
04 Sep, 2026, 09.44 AM IST
Taiwan says its companies plan to invest another $20 billion in USTaiwanese firms plan additional twenty billion dollars investment in the United States. This significant investment is driven by increasing...
02 Sep, 2026, 09.54 AM IST
Struggling GoPro sells majority stake to optical maker Starman for $285 millionStarman Optical will acquire struggling GoPro for $285 million in cash. This deal aims to repay GoPro's debt and navigate market challenges...
01 Sep, 2026, 09.31 PM IST
From Tech NAM to NAS: India’s case for tech sovereignty through strategic choicesIt is crucial for countries to embrace a non-aligned sovereignty approach in artificial intelligence, enabling them to diversify their tech...
31 Aug, 2026, 11.08 PM IST
Chinese AI chipmaker Enflame aims to raise $908 million after setting Shanghai IPO priceEnflame Technology, a prominent Chinese AI chip manufacturer, is set to raise over $900 million through its IPO in Shanghai. This initiativ...
31 Aug, 2026, 06.54 PM IST
Chinese AI chipmaker Enflame aims to raise $908 million after setting Shanghai IPO priceEnflame is China's latest AI chipmaker to go public as Beijing steps up its tech self-sufficiency drive, with the United States banning e...
31 Aug, 2026, 06.45 PM IST
Huawei H1 profit drop quickens to 36% on rising costs, R&D spendingThe Chinese technology company said net profit for January to June fell to 23.81 billion yuan ($3.54 billion), accelerating from a 32% drop...
31 Aug, 2026, 04.29 PM IST