SK Hynix Debuts on Nasdaq After Raising $26.5 Billion in Landmark Listing
SK Hynix began trading on Nasdaq after raising $26.5 billion in an oversubscribed ADR offering, with the proceeds set to expand AI memory chip production.
News
Follow the breakthroughs and disruptions driving the technology industry. From artificial intelligence and advanced chips to new digital platforms and corporate strategies, this section covers how leading tech companies innovate and shape the future of business. We highlight major product launches, research advances and market moves to give readers a clear view of where technology and commerce intersect.
Volkswagen, BMW and Mercedes-Benz Cut Jobs as Chinese Rivals Gain Market Share
Volkswagen, BMW, and Mercedes-Benz are cutting jobs and reducing costs as rising competition from Chinese automakers reshapes the global automotive industry.
SpaceXAI Launches Grok 4.5, Its First AI Model Built for Agentic Work
SpaceXAI has launched Grok 4.5, its most advanced AI model yet, designed for coding, agentic tasks, and knowledge work with availability through Grok Build, Cursor, and the API.
Instagram Enables AI to Generate Images Using Public Photos by Default
By
Emma Clarke
• 2 mins read
Instagram now allows Meta AI to generate images using photos from public accounts by default, unless users manually disable the feature in their settings.
Honda, Nissan and Mitsubishi Deepen Alliance to Compete With Chinese Automakers
By
Emma Clarke
• 3 mins read
Honda, Nissan, and Mitsubishi are expanding their partnership by sharing software, electronic systems, and components in an effort to cut costs and better compete with rapidly growing Chinese automakers.
Alibaba Bans Anthropic’s Claude Code for Internal Use
By
Oleg Petrenko
• 3 mins read
Alibaba has banned employees from using Anthropic’s Claude Code, directing developers to use its in-house AI coding platform after concerns over user identification features.
Cloudflare Opens Waitlist for Monetization Gateway
By
Oleg Petrenko
• 1 min read
Cloudflare has opened the waitlist for Monetization Gateway, a service that enables websites, APIs, datasets, and AI tools to charge for access through the open x402 payment protocol.
Meta Rallies on Report of New AI Cloud Computing Business
By
Emma Clarke
• 2 mins read
Meta shares jumped after a report said the company is developing a cloud business that will sell AI models and excess computing capacity to external customers.
Meta Unveils Brain2Qwerty v2, Turning Brain Signals Into Text Without Implants
By
Oleg Petrenko
• 2 mins read
Meta introduced Brain2Qwerty v2, a non-invasive AI system that converts brain activity into text using MEG recordings without requiring a surgically implanted chip.
X Expands X Money to Premium Users With Banking Features and FDIC Coverage
By
Emma Clarke
• 1 min read
X has expanded access to X Money for select Premium subscribers in the United States, introducing digital payments and FDIC insurance coverage of up to $10 million.
SpaceX Plans to Bring Starlink Mobile Service Directly to U.S. Consumers
By
Oleg Petrenko
• 1 min read
SpaceX plans to launch a direct-to-consumer Starlink mobile service in the United States, expanding beyond satellite broadband into the highly competitive wireless market.
OpenAI Unveils Custom AI Chip Built With Broadcom
By
Oleg Petrenko
• 2 mins read
OpenAI introduced Jalapeño, a custom AI inference chip developed with Broadcom and designed to improve the efficiency and performance of running large language models.
Uber, Lucid and Nuro Partner to Launch Robotaxi Service in Houston
By
Oleg Petrenko
• 2 mins read
Uber will launch a robotaxi service in Houston in partnership with Lucid and Nuro, expanding its autonomous vehicle strategy as competition in self-driving transportation intensifies.
Salesforce Acquires AI Startup Fin in $3.6 Billion Deal
By
Emma Clarke
• 2 mins read
Salesforce agreed to acquire AI software developer Fin for $3.6 billion, strengthening its position in the rapidly expanding market for enterprise artificial intelligence tools.
Anthropic Calls for Slower AI Development as Claude Approaches Human-Level Coding
By
Emma Clarke
• 2 mins read
Anthropic is urging policymakers and AI labs to carefully evaluate the risks of increasingly autonomous AI systems as Claude reaches human-level coding performance and begins handling most of the company’s production code.