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Chime is buying the bank that has held its customers’ money for seven years. The company announced on Tuesday that it has agreed to acquire Stride Bank of Enid, Oklahoma, for $590m in cash. Stride will become Chime Bank and operate as a wholly owned subsidiary. Closing should follow in the first half of 2027. […]
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Kawasaki Heavy Industries has signed an agreement to put a startup’s AI chips into Japanese aerial defence platforms. The chip company is the interesting part. EdgeCortix, a fabless semiconductor firm based in Kanagawa, announced the deal last week, a teaming agreement running from 2026 to 2028. Hideaki Nishimoto, who runs Kawasaki’s defence and aerospace division, […]
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