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Day: July 2, 2026

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Together AI raises 800 million dollars in Series C as open-source cloud demand surges

July 2, 2026

Together AI has raised 800 million dollars in a Series C round led by Aramco Ventures, valuing the company at more than eight billion dollars.

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Alibaba will pay 600 million dollars to settle a US probe into illegal pharmaceutical sales on its platform

July 2, 2026

Alibaba and its US digital payment processor have agreed to pay 600 million dollars to resolve a federal investigation into whether they failed to prevent

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OpenAI has reportedly offered Washington a 5% stake worth $42.6bn

July 2, 2026

OpenAI has proposed handing the US government a 5% equity stake in the company, according to the Financial Times, as the White House and Silicon

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Ubisoft taps ex-Amazon Games chief to run its Tom Clancy studio

July 2, 2026

Ubisoft has hired Christoph Hartmann, until recently vice president of Amazon Games, to run the division that controls its Tom Clancy properties. He takes over

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Google says it has passed its $1bn Africa investment target

July 2, 2026

Google has exceeded a five-year pledge to invest $1 billion in Africa, the company said on Wednesday at the first Africa Cloud Summit in Johannesburg,

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Samsung details $90bn plan for South Korea’s Chungcheong region

July 2, 2026

Samsung Group has put a number on its next decade of domestic manufacturing: 140 trillion won, or roughly $90 billion, spread across displays, memory chips,

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SK Hynix will spend $51bn on a new NAND factory to catch the AI memory wave

July 2, 2026

SK Hynix will spend 80 trillion won, or roughly $51.46 billion, building a new NAND flash memory factory in Cheongju, South Korea, with production targeted

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China and US risks leave Europe’s chip sector facing a bleak future, report warns

July 2, 2026

A new report from the EU Institute for Security Studies (EUISS) and the French think tank Institut Montaigne warns that Europe’s semiconductor sector faces a

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Apple’s next iPad Pro and MacBook Pro redesign are coming in 2027

July 2, 2026

Apple is preparing a refreshed iPad Pro lineup and a redesigned entry-level MacBook Pro for release in the first half of 2027, according to Bloomberg.

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BYD and Xiaomi shares surge after June delivery numbers show momentum holding

July 2, 2026

Hong Kong-listed shares of Chinese EV makers surged on Thursday after June delivery figures beat expectations. BYD gained around 9% and Xiaomi climbed about 5%.

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Recent Posts

  • Together AI raises 800 million dollars in Series C as open-source cloud demand surges
  • Alibaba will pay 600 million dollars to settle a US probe into illegal pharmaceutical sales on its platform
  • OpenAI has reportedly offered Washington a 5% stake worth $42.6bn
  • Ubisoft taps ex-Amazon Games chief to run its Tom Clancy studio
  • Google says it has passed its $1bn Africa investment target

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