SK Hynix raises $26.5B in the biggest foreign IPO in US history, is urged to build new US fabs
The AI chip boom just produced its biggest Wall Street moment yet. Now SK Hynix and Samsung are…
AI chip maker SambaNova raises $1B at $11B valuation, 5 months after last mega round
AI chip maker SambaNova has raised at an $11B valuation months after Intel was rumored to be trying…
South Korean tech giants commit over $550B to ease ‘RAMageddon’
The world’s two largest memory chip companies vow to build more memory lab fabs as South Korea positions…
Asian AI startups launch Mythos-like models as Anthropic’s export ban drags on
New models are launching in Asia that promise Mythos-like capabilities without fear of an export ban. U.S. AI…
Malaysia’s AI agent-powered messaging app Respond.io raises $62.5M, eyes acquisitions
Respond.io, one of Malaysia startups to watch, uses AI agents to handle high volumes of customer inquiries and…
Meta reportedly moves to unwind $2B Manus deal after Beijing’s demand
Meta starts dismantling its $2 billion Manus acquisition after Beijing ordered the deal reversed.
This chip startup just raised $135M on a bet that AI’s biggest bottleneck isn’t compute — it’s memory
South Korean chip startup XCENA is betting that AI’s real bottleneck is not compute, but memory.
China is increasingly keeping its best AI talent to itself
China’s AI boom is producing world-class talent, and Beijing is increasingly reluctant to let them go elsewhere.
South Korea’s LetinAR is building optics behind AI glasses
A lens the size of a thumbnail — and the South Korean startup that makes it could become…
China’s Moonshot AI raises $2B at $20B valuation as demand for open-source AI skyrockets
Moonshot’s annualized recurring revenue topped $200 million in April, driven by rapid growth in paid subscriptions and API…