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Tech News
/ 4 months agoDatabricks eyes over $100 billion valuation as investors back AI growth plans
Analytics firm Databricks said on Tuesday its valuation was set to jump 61% to more than $100 billion in a funding...
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Tech News
/ 4 months agoXiaomi’s second-quarter revenue up 30.5%, boosted by smartphones
A rise in sales of smartphones, especially in Southeast Asia, helped to boost Xiaomi’s second-quarter revenue by 30.5%, the smartphone and...
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Tech News
/ 4 months agoAmericans fear AI permanently displacing workers, Reuters/Ipsos poll finds
Americans are deeply concerned over the prospect that advances in artificial intelligence could put swaths of the country out of work...
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Tech News
/ 4 months agoDatabricks valued at over $100 billion in latest fundraising amid AI rush
Databricks said on Tuesday it was raising new funds that would value the data analytics firm at more than $100 billion,...
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Tech News
/ 4 months agoChina’s iQIYI hires banks for up to $300 million second listing in Hong Kong, sources say
Chinese video streaming platform iQIYI has hired Bank of America, CICC and JPMorgan to work on a second listing in Hong...
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Tech News
/ 4 months agoChina’s Xpeng expects quarterly revenue to double on strong demand for its EVs
Chinese electric vehicle maker Xpeng on Tuesday forecast third-quarter revenue would double, betting on surging deliveries of its cars despite challenging...
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Tech News
/ 4 months agoJapan startup to issue first yen-pegged stablecoin
Japanese startup JPYC said it will issue the first stablecoin pegged to the yen later in the year after receiving a...
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Tech News
/ 4 months agoExclusive: Nvidia working on new AI chip for China that outperforms the H20, sources say
Nvidia is developing a new AI chip for China based on its latest Blackwell architecture that will be more powerful than...
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Tech News
/ 4 months agoChinese PC maker Lenovo to set up regional headquarters in Saudi Arabia
China’s Lenovo Group announced plans on Tuesday to set up a regional headquarters in Saudi Arabia, aiming to strengthen its presence...
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Tech News
/ 4 months agoSoftBank’s growing bets on AI and semiconductor assets
SoftBank announced on Tuesday a $2 billion investment in Intel that will add to the Japanese tech investor’s ambitious bet on...


