Bloomberg : Chinese AI chip startup Biren surged as much as 119% in its Hong Kong debut, after raising ~$717M in an IPO priced at ~$2.52 ...
Chinese AI chip startup Biren surged as much as 119% in its Hong Kong debut, after raising ~$717M in an IPO priced at ~$2.52 per share — Shares of Shanghai Biren Technology Co. surged nearly 119% in their trading debut, on track for the best first-day performance since 2021 among Hong Kong listings that raised at least $700 million.
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How Arizona is training talent for its growing chip industry as suppliers fear tighter US immigration policy; Arizona has drawn $200B+ in investments since 2020 — PHOENIX, Arizona — On a late afternoon in autumn at Mesa Community College, a diverse group had gathered for their “Quick Start” …
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Baidu's AI chip unit Kunlunxin confidentially files for a Hong Kong IPO, paving the way for a spin-off; a recent fundraising reportedly valued it at ~$3B — Chinese internet search giant Baidu (9888.HK) said on Friday its AI chip unit Kunlunxin has confidentially filed a listing application …
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Starlink plans to lower its satellites orbiting at ~550km to ~480km in 2026 to improve space safety and reduce the likelihood of debris collisions — Starlink will begin a reconfiguration of its satellite constellation by lowering all of its satellites orbiting at around 550 km (342 miles) …
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Brookfield is launching a cloud company called Radiant and a new $10B AI fund, and plans to acquire up to $100B in land, data centers, and power assets for AI — Private-equity firm Brookfield is starting its own cloud business, going up against tech giants like Amazon by arguing it can bring down the costs of developing AI.
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How AI automation can fulfill Thomas Piketty's predictions on rising economic inequality, and why highly progressive taxes on capital can help slow the spiral — Piketty was wrong about the past. He's probably right about the future. — 1. Introduction
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A look at US tech laws rolling out in 2026, including California's SB 53 AI transparency law and Virginia's new social media limits for minors, effective today — As usual, 2025 was a year of deep congressional dysfunction in the US. But state legislatures were passing laws that govern everything …
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Ukraine has become a live-fire test range for AI drones like the Bumblebee, provided by a secretive Eric Schmidt-led venture, raising alarms in Kremlin circles — As the war grinds on, sophisticated Russian defenses have pushed Ukraine to develop a frightening new weapon: semiautonomous killing machines.
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DeepSeek researchers detail a new mHC architecture they used to train 3B, 9B, and 27B models, finding it scaled without adding significant computational burden — DeepSeek has published a technical paper co-authored by founder Liang Wenfeng proposing a rethink of its core deep learning architecture
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Sources: OpenAI ramped up efforts to improve its audio AI models, in preparation for its AI-powered personal device, which is expected to be largely audio-based — OpenAI is taking steps to improve its audio AI models, in preparation for its eventual release of an AI-powered personal device, said a person with knowledge of the effort.
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