Intel Corp. (NASDAQ:INTC) is in advanced talks to buy artificial intelligence chip startup SambaNova Systems for about $1.6 billion, including debt, sources said. The Palo Alto-based deal could close as soon as next month. Additionally, SambaNova could pursue another option,…
Intel Corp. (NASDAQ:INTC) is in advanced talks to buy artificial intelligence chip startup SambaNova Systems for about $1.6 billion, including debt, sources said. The Palo Alto-based deal could close as soon as next month. Additionally, SambaNova could pursue another option,…
Rocket Lab Corporation (NASDAQ:RKLB) on Sunday disclosed that it successfully completed the first dedicated launch, “RAISE And Shine” mission, for the Japan Aerospace Exploration Agency (JAXA). Details The mission launched from Rocket Lab Launch Complex 1 in New Zealand on…
Rocket Lab Corporation (NASDAQ:RKLB) on Sunday disclosed that it successfully completed the first dedicated launch, “RAISE And Shine” mission, for the Japan Aerospace Exploration Agency (JAXA). Details The mission launched from Rocket Lab Launch Complex 1 in New Zealand on…
Chinese electric-vehicle maker XPENG Inc. (NYSE:XPEV) is expanding its presence in Southeast Asia with plans to begin local EV production in Malaysia. The initiative centers on a new manufacturing project in Malacca and is scheduled to reach mass production in…
Royal Philips (NYSE:PHG) announced Monday that it will acquire SpectraWAVE, Inc., a Massachusetts-based medical imaging company, to broaden its footprint in coronary intervention technologies. Financial terms were not disclosed. Philips’ shares were down in premarket trading following the announcement. Philips…
Investor and former Coinbase Global Inc. (NASDAQ:COIN) CTO, Balaji Srinivasan, is calling attention to China's model of city-level industrial specialization, while hinting at something similar for the United States. China’s Cities That ‘Specialize In Specific Products’ On Sunday, in a…
Billionaire entrepreneur and Tesla Inc. (NASDAQ:TSLA) CEO, Elon Musk’s one-word response to a post on X is shedding light on the sheer size and scale of China’s economy, while also busting assumptions regarding the East Asian giant’s reliance on the…
Energy Secretary Chris Wright has said that consumers can expect relief from the relentless rise in electricity prices, and even declines later in President Donald Trump’s term. Electricity Prices Will Stop Rising ‘Very Soon’ On Sunday, Wright said that the sector…
President Donald Trump has claimed that his tariff policies have triggered an unprecedented wave of new investment into the U.S. economy, as companies choose to build domestically, in order to avoid the high duties on imports. We’ve Taken In More…