China’s top AI startups, Zhipu and MiniMax, are hitting public markets in Hong Kong to raise cash. The problem? They’re burning through money 8 times faster than they can make it, with no clear path to profit.
Zhipu AI is going public in Hong Kong, raising over $500 million despite burning cash on R&D. Its co-founder warns the hyper-competitive, low-price model from China will soon spread globally, forcing U.S. giants like OpenAI to compete on cost.
A failed bearing can idle a massive hydro turbine, costing hundreds of thousands per hour. Root cause analysis points to misalignment, but fragmented data slows fixes. New tools are changing the game.
Lenovo’s leadership made a forceful case for an AI-saturated future at CES 2026. With a new AI assistant and bold market predictions, they’re betting consumers will have little choice but to opt in.
According to a new report, Discord is gearing up for a potential IPO as soon as March. The chat platform, which walked away from a $10 billion Microsoft offer, is betting on a revived market.
A Texas-based space services firm is teaming up with a specialized semiconductor substrate supplier to build the first dedicated commercial facility for making chips in space. The partnership aims to leverage the microgravity environment of low Earth orbit to produce advanced materials. This follows
Britain’s Information Commissioner’s Office has formally contacted Elon Musk’s X over its Grok AI bot. The regulator wants clarity on how the platform handles personal data when generating images, citing “serious concerns.”
Amazon has agreed to a massive $2.5 billion settlement with the FTC. The deal, reached in September 2025, includes up to $51 in refunds for eligible customers who were allegedly tricked into Prime memberships.
SkyFi has integrated Vantor’s satellite imagery, expanding its platform as a one-stop shop for Earth observation data. The deal builds on a previous partnership and aims to simplify access for commercial and government users through a self-service, software-first model.
Discord has taken the first formal step toward going public with a confidential filing. But in a market rattled by tariffs, shutdowns, and AI selloffs, this long-awaited move is far from a sure thing.
