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Foxconn Technology (Hon Hai) recently announced that its subsidiary, Foxconn Assembly LLC., has successfully leased two plants in Houston, Texas, with a total lease value of approximately USD 56.5538 million. This move is seen by the market as part of Foxconn’s continued efforts to expand its AI s...
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Microsoft has reportedly initiated another round of layoffs just weeks after announcing its largest workforce reduction in years, Bloomberg notes. The move underscores the tech sector’s ongoing efforts to cut costs despite pouring significant investments into AI, according to the report. A noti...
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According to Mydrivers, citing Reuters and Bloomberg, OpenAI has entered into a strategic partnership with UAE-based G42 to jointly develop the world’s largest AI data center cluster in Abu Dhabi. This project is part of OpenAI’s “Stargate” initiative and marks the first international expans...
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According to a report from Nikkei, production at Panasonic Holdings’ second U.S. battery plant in Kansas—originally scheduled to begin by March—could now start as early as July. However, built to supply Tesla, the facility remains subject to uncertainty due to potential tariff impacts under Pr...
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A decade after its rocky start with the first prototype of Google Glass in 2013, Google is making a strong comeback. At Google I/O 2025, the tech giant teamed up with China’s Xreal to launch Project Aura, a new Android XR device, according to Bloomberg and The Verge. The announcement, as per Bl...