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Category: Business

Baidu’s AI Chip Unit Kunlunxin Files for Hong Kong IPO
AIBusinessSemiconductors

Baidu’s AI Chip Unit Kunlunxin Files for Hong Kong IPO

Baidu has confidentially filed to list its AI chip unit, Kunlunxin, on the Hong Kong Stock Exchange. The move seeks to highlight the subsidiary’s value and attract investors amid U.S.-China tech tensions.

by Julian TrentJanuary 2, 2026
Singapore’s Economy Surges on AI and Pharma, But Can It Last?
BusinessManufacturingTechnology

Singapore’s Economy Surges on AI and Pharma, But Can It Last?

Singapore’s economy accelerated sharply in the final quarter of 2025, with GDP growing 5.7% year-on-year. The surge was driven by a 15% jump in manufacturing, fueled by pharmaceuticals and AI-related tech. However, the government remains cautious about sustaining this pace.

by Oliver KeatonJanuary 2, 2026
A VC Predicts White-Collar AI Protests and a Robotics Breakthrough
AIBusinessTechnology

A VC Predicts White-Collar AI Protests and a Robotics Breakthrough

A Khosla Ventures investor lays out five bold predictions for 2026. He foresees a foundational leap in robotics capability akin to GPT-3, a potential market correction favoring M&A, and a contrarian wave of anti-AI protests. Surprisingly, he expects these protests to be led by white-collar workers,

by Julian TrentDecember 31, 2025
OpenAI Is Paying Employees More Than Any Startup Ever
AIBusinessSoftware

OpenAI Is Paying Employees More Than Any Startup Ever

According to a Wall Street Journal analysis, OpenAI’s stock-based compensation averages a staggering $1.5 million per employee. This is fueling massive losses and a frantic talent war with rivals like Meta.

by Julian TrentDecember 31, 2025
Samsung Biologics Bets $280M on First U.S. Plant in Maryland
BusinessManufacturingTechnology

Samsung Biologics Bets $280M on First U.S. Plant in Maryland

Samsung Biologics is making a major move into the U.S. market. The Korean CDMO is spending $280 million to acquire and upgrade a former GSK plant in Maryland, aiming to boost drug manufacturing capacity.

by Julian TrentDecember 30, 2025
Venture Funds Are Having a Rough Year. Here’s Why.
BusinessInnovationStartups

Venture Funds Are Having a Rough Year. Here’s Why.

New data shows venture capital funds are returning far less cash to their investors. IPO performance has been mixed, with stocks often falling after their first-day pop.

by Darren HoltDecember 30, 2025
Meta’s $2 Billion Bet on an AI Agent That’s Already a Rocket Ship
AIBusinessSoftware

Meta’s $2 Billion Bet on an AI Agent That’s Already a Rocket Ship

Meta is making one of its biggest AI acquisitions ever, snapping up the Singapore-based startup Manus for more than $2 billion. The AI agent, which launched just last year, has already hit $100 million in annual revenue.

by Julian TrentDecember 30, 2025
Applied Digital Spins Off Cloud Biz, Meta Buys an AI Startup
BusinessCloudStartups

Applied Digital Spins Off Cloud Biz, Meta Buys an AI Startup

Applied Digital shares are up on news it will spin off its cloud business. Meanwhile, Meta Platforms made a quiet AI acquisition, and Boeing got a major defense contract. Here’s what’s moving the market before the bell.

by Julian TrentDecember 30, 2025
GOG’s Co-Founder Buys It Back From CD Projekt
BusinessGamingSoftware

GOG’s Co-Founder Buys It Back From CD Projekt

In a move that brings the digital storefront full circle, GOG co-founder Michał Kiciński has purchased the platform from CD Projekt RED. The company promises no changes for users, with a renewed focus on its founding principles of DRM-free ownership and game preservation.

by Julian TrentDecember 29, 2025
Middle Managers Are Getting Axed, But Experts Say That’s a Mistake
AIBusinessSoftware

Middle Managers Are Getting Axed, But Experts Say That’s a Mistake

A wave of layoffs is targeting middle managers, with 20% of businesses expected to use AI to slash over half of these roles by 2026. However, experts argue these positions are vital for employee motivation, especially in an AI-driven workplace, and warn that cutting them deeply is a strategic error.

by Oliver KeatonDecember 29, 2025

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