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08Jan

Arm creates Physical AI unit to push deeper into robotics at CES

Chip technology company Arm Holdings has reorganized the company to create a Physical AI unit to expand its presence in the robotics market, company executives told Reuters at CES, where…

08Jan

Uniqlo owner Fast Retailing hikes annual forecast after surge in quarterly profit

Tokyo: The operator of the Uniqlo clothing brand, Japan's Fast Retailing, said quarterly operating profit surged by a third and it bumped up its annual outlook, citing robust sales growth…

08Jan

OpenAI sets aside 10% equity for employees at $500B valuation

OpenAI last fall set aside an employee stock grant pool equivalent to 10% of the company, valued at $500 billion in October, The Information reported on Wednesday, citing two people…

08Jan

India antitrust watchdog backs global turnover fines, opposes Apple challenge

New Delhi: A law used to calculate fines on the basis of a company's global turnover will discourage breaches by multinationals, India's antitrust watchdog told a court in opposing Apple's…

07Jan

Katrina Lake and the Discipline of Building Forward

In 2011, Katrina Lake was a 27-year-old MBA student with no fashion pedigree, no retail background and no Silicon Valley safety net. She walked into a venture capital office with…

07Jan

Jensen Huang says China won’t announce H200 chip approval, signs will show in orders

Las Vegas: Nvidia CEO Jensen Huang said on Tuesday he does not believe China's government will make a formal declaration that it has allowed Chinese firms to import the U.S.…

07Jan

China reviews Meta’s $2B AI startup Manus deal over tech control concerns

Chinese officials are reviewing Meta's $2 billion acquisition of artificial intelligence startup Manus for possible technology control violations, the Financial Times reported on Tuesday, citing two people familiar with the…

07Jan

Eli Lilly in talks to buy Ventyx Biosciences for $1B+, WSJ reports

Eli Lilly is in advanced talks to buy Ventyx Biosciences for more than $1 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Shares of…

07Jan

Australia inflation cools in November, but sticky core keeps rate-hike fears alive

Sydney: Australian consumer prices rose by less than forecast in November, data showed on Wednesday, but core inflation showed enough stickiness that investors still saw a risk interest rates would…

07Jan

Chat platform Discord confidentially files for U.S. IPO: Bloomberg reports

Chat platform Discord filed confidentially for an initial public offering in the United States, Bloomberg News reported on Tuesday, citing people familiar with the matter. The U.S. IPO market regained…

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