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Baidu’s chip unit Kunlunxin is targeting a $50 billion Hong Kong IPO and asked investors to buy its semiconductors

Baidu’s AI chip unit Kunlunxin is planning to go public in Hong Kong at a target valuation of $50 billion, The Information reported on Sunday. In an unusual twist, the company asked prospective IPO investors to also commit to purchasing its semiconductors, according to the report. Reuters could not independently verify the report. The $50 […]

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Micron briefly surpassed Meta and Tesla in market value. Its stock is up 236% in a month.

Micron Technology briefly surpassed Meta and Tesla in market valuation on Thursday, closing the week at roughly $1.27 trillion. The stock has soared over 236% in the past month alone, reaching $1,132 a share. Before mid-2025, it spent years below $100. The surge followed blockbuster third-quarter earnings. Revenue quadrupled year on year to $41.45 billion. […]

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Micron briefly surpassed Meta and Tesla in market value. Its stock is up 236% in a month. Read More »

The next generation of AI won’t be powered by better models alone

As thousands of engineers, founders and researchers gather in San Francisco for AI Engineer World’s Fair, much of the conversation is focused on increasingly capable models, autonomous agents and AI applications. According to Vytautas Savickas, CEO of Oxylabs, however, the industry’s biggest shift is happening somewhere else. “For the past three years, AI has largely […]

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Apple skips its high-end M6 chips for an AI-first M7

Apple is breaking its own playbook. It will skip the high-end versions of its M6 chip and leap to an AI-focused M7 line. Apple M7 chips, not the M6, will power its best Macs from 2027. Apple has changed how it rolls out Mac chips, and the shift is bigger than it sounds. The company […]

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onsemi to buy Synaptics in $7bn bet on ‘physical AI’

onsemi is buying Synaptics in an all-stock deal worth about $7bn. The onsemi Synaptics deal bets that AI’s next wave lives not in the cloud, but in cars, factories and robots. The chip industry has spent three years building for AI that runs in giant data centres. Onsemi just placed a bet on the opposite […]

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Patronus AI raises $50M to stress-test AI agents

Patronus AI has raised $50m to build simulated worlds where AI agents can be tested before they touch a real system. The pitch borrows from Waymo: train in a replica before you trust the road. AI agents are meant to do real work now. They book trips, write code and run financial analysis on their […]

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Sail raises $80M to make AI agents cheaper to run

Sail Research has raised $80m to make AI agents cheaper to run. The startup, founded by ex-Apple and ex-NVIDIA engineers, says it can serve the tokens agents burn through at up to 10 times lower cost. AI agents are hungry. Leave one running for hours and it can chew through billions of tokens on a […]

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Coval raises $28M to stress-test AI voice agents

Coval has raised $28m to test AI voice agents before they reach real callers. Its founder built the same kind of safety checks for Waymo’s self-driving cars, and thinks voice needs them just as badly. An AI voice agent can sound flawless in a demo and fall apart on a real call. It trips over […]

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Adobe is buying Topaz Labs, the AI video enhancer

Adobe is buying Topaz Labs, the Emmy-winning maker of AI image and video enhancement tools. The deal hands Adobe upscaling, restoration and on-device AI as creators blend captured and generated footage. Adobe has agreed to buy Topaz Labs, an AI company that sharpens, upscales and restores images and video. The two firms signed a definitive […]

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Runpod hits $1bn valuation as the AI compute crunch bites

Runpod has raised $100M and reached a $1bn valuation, a tenfold jump in under two years. The cloud startup rents out AI computing power, and it says it turned down buyout offers worth more than $500M. The great AI compute crunch is minting a new kind of winner. Runpod, a five-year-old startup that rents computing […]

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