Three suspects, including a Super Micro senior vice president, are accused of exporting US-restricted servers through false documents to Japan and then on to mainland China. Taiwanese prosecutors suspect that three individuals successfully smuggled at least one shipment of Nvidia AI chips to mainland China after first exporting them to Japan, according to a Bloomberg […]
Samsung Electronics will invest 39 trillion dong, or about $1.5bn, in a semiconductor testing plant in Vietnam, according to a document seen by Reuters on Wednesday. Construction has already begun in an industrial park 60 kilometres north of Hanoi, with operations scheduled to start in November 2027. The plant will be Samsung’s first dedicated chip-testing […]
SPARQ, a UAE-based startup building what it calls an AI-native game engine, has opened an $8.5m seed round with early participation from the a16z Scout Fund, the vehicle Andreessen Horowitz uses to back early-stage deals through external scouts. The cheque size from the scout fund was not disclosed; typical a16z scout deals run between $10,000 and […]
South Korea’s Deputy Prime Minister Bae Kyung-hoon said the wealth created by artificial intelligence must benefit the wider public, warning that the labour tensions that nearly shut down Samsung Electronics this week are not an isolated event but a preview of what the AI era will produce. Speaking to CNBC on Friday, Bae said that […]
The company will scale to about 200 staff in the city-state and align the lab’s work to Singapore’s public-sector, finance, healthcare, and digital-infrastructure priorities. OpenAI said on Wednesday it will open its first applied-AI lab outside the United States in Singapore, with a S$300m (about $235m) commitment alongside a staffing ramp to roughly 200 people […]
ECARX, the automotive technology company backed by Geely founder Li Shufu, has signed a strategic framework agreement with May Mobility to supply thousands of autonomy-enabled vehicles for the American robotaxi operator’s commercial fleet. The deal, valued at approximately $750 million, pairs a Chinese-founded hardware supplier with one of the few US robotaxi companies that has […]
HistoSonics has received regulatory approval from Taiwan’s Food and Drug Administration for its Edison Histotripsy System, a non-invasive cancer treatment device that uses focused ultrasound to destroy tumours without cutting, radiation, or thermal damage. The TFDA authorisation, announced on 18 May, marks a significant step in the company’s expansion into Asia and adds Taiwan to […]
The United States and the Philippines are moving “very, very quickly” on a planned 4,000-acre artificial intelligence and supply chain hub in New Clark City, north of Manila, according to Jacob Helberg, the Under Secretary of State for Economic Affairs. Helberg visited the proposed site on Monday with more than a dozen American companies, […]
