Two Chinese AI Chipmakers Plan $1.7 Billion IPOs Amid U.S. Export Curbs

Trump to Impose Tariffs on Semiconductor Imports From Firms Not Producing in U.S.

Moore Threads and MetaX aim to raise funds on Shanghai’s STAR Market as China ramps up domestic GPU development Two Chinese artificial intelligence (AI) chip startups, Moore Threads and MetaX, are preparing to raise a combined 12 billion yuan ($1.65 billion) through initial public offerings (IPOs) on Shanghai’s STAR Market. The filings come as U.S. export […]

Google Signs First-Ever Corporate Fusion Energy Deal with MIT Spinoff Commonwealth Fusion Systems

UK Targets Apple and Google’s Mobile Duopoly with Stricter Competition Rules

Google Secures Fusion Power Deal with MIT Spinoff Commonwealth Fusion Systems In a major move toward clean energy innovation, Google has signed the first corporate power purchase agreement (PPA) for fusion energy, partnering with Commonwealth Fusion Systems (CFS) — a Massachusetts Institute of Technology (MIT) spinoff. The agreement will provide 200 megawatts (MW) of fusion-generated […]

Cassava Technologies and SAAIA Partner to Accelerate AI Innovation in Africa

Cassava Technologies and SAAIA Partner to Accelerate AI Innovation in Africa

Cassava Technologies and SAAIA Join Forces to Drive AI Innovation Across Africa Cassava Technologies, a global digital infrastructure provider of African heritage, has partnered with the South African Artificial Intelligence Association (SAAIA) to advance AI development and adoption in Africa. The collaboration, formalised through a Memorandum of Understanding (MoU), will provide GPU-as-a-Service (GPUaaS) and support […]

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