Barclays says China's deployment of humanoid robots could offset as much as 60% of the country's projected 37-million-worker labour-force decline by 2035, requiring up to 24 million humanoid units.
Moonshot AI, the $20bn Beijing-based developer of the Kimi chatbot, has informed shareholders it will dismantle its offshore VIE structure to clear the path for a Hong Kong IPO under new CSRC rules.
Google and Blackstone have announced a joint venture to build a US-based TPU compute-as-a-service business, with $5bn of Blackstone equity, ~$25bn total value, and 500 MW of capacity online by 2027.
Nintendo shares climbed as much as 6.8% on Tuesday for the third straight day, with Bandai Namco and Konami each up more than 9% as Japanese investors rotated out of AI-cohort names.
Milan-based Lexroom, the legal AI startup focused on civil-law jurisdictions, has raised a $50m Series B led by Left Lane Capital. Base10 Partners, Eurazeo, Acurio Ventures, Entou ...
AustralianSuper, the country's largest pension fund with A$410bn under management, said agentic AI could transform how it serves its 3.5 million members, likening the impact to retail-sector AI ...
Analog Devices is in advanced talks to acquire AI-power-chip company Empower Semiconductor for $1.5bn cash. The deal could be announced as early as Tuesday.
Tenstorrent, the Jim Keller-led RISC-V AI chip startup, has held early-stage takeover conversations with Intel and Qualcomm, Bloomberg reported.
Meta is reassigning 7,000 employees to AI-focused roles ahead of a 10% workforce cut later this week, according to an internal memo from Chief People Officer Janelle Gale reviewed by Bloomberg.
Mistral AI has acquired Vienna-based physics-AI startup Emmi for an undisclosed sum, targeting manufacturers in aerospace, automotive, and semiconductors. It is Mistral's second 2026 acquisition after ...
Meta begins cutting 8,000 jobs this week as record profits fund a $145 billion AI infrastructure bet
Employee morale has collapsed as Meta reports record profits while eliminating 10 per cent of its workforce. More layoffs are expected in August and autumn 2026 as the company converts payroll into AI ...
The San Francisco analytics company hit $200 million ARR in April, doubling year over year. Sigma Agents, its no-code AI product, became the fastest-adopted feature in the company's history.
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