OpenAI will acquire io, an AI device startup co-founded by former Apple design chief Jony Ive, in an all-stock deal valued at nearly USD 6.5 billion, according to a report from Economic Daily News citing Bloomberg. The transaction marks OpenAI’s largest acquisition to date and signals its formal e...

Malaysia officially launched its Strategic AI Infrastructure on Monday, becoming the region’s first sovereign, full-stack AI ecosystem. Despite recent U.S. warnings against using advanced Chinese chips like Huawei’s Ascend processors, the initiative is powered by Huawei GPUs and features China�...

According to Economic Daily News, Foxconn announced on May 19 a EUR 250 million investment in Europe. The plan includes forming a joint venture in France with Thales and Radiall to focus on advanced semiconductor packaging and testing (OSAT), along with a strategic partnership with Thales in the sat...

While AMD’s Lisa Su is skipping this year’s Computex, NVIDIA’s Jensen Huang takes center stage again, making waves already with dinners alongside TSMC’s Chairman C.C. Wei and revealing the company’s next AI chip plan in China after the H20 ban. Kicking off Monday in Taipei, Computex 202...

Before Biden’s AI chip rules kick in on May 15, Trump slams the brakes, and Washington is now zeroing in on Chinese AI chips and models. According to Bloomberg and the U.S. Bureau of Industry and Security, the agency clarified that using Huawei’s Ascend AI chips anywhere breaches US export rules...