News
AI, at newsroom pace.
CHIPS
Loongson launches 3C3000 16-core server CPU on LoongArch; targets SMB file and database servers
BREAKING
AI coding agents vulnerable to malware via GitHub repos, Mozilla researchers demonstrate Claude exploit
FUNDING
Stark defense tech raises €500M at €3.5B; Berlin drone maker expands after €2.8B Bundeswehr contract
FUNDING
Mirendil closes $200M seed at $1B on bet that AI can automate AI research
POLICY
Apple lobbies US for clearance to buy chips from blacklisted Chinese supplier CXMT
MARKET
Micron smashes Q3 earnings with $41.5B revenue, guides Q4 to $50B as HBM supply stays fully allocated through 2026
MARKET
South Korea's Kospi crashes 10%, SK Hynix and Samsung plunge amid AI chip allocation concerns
FUNDING
Baseten closes $1.5B Series F at $13B valuation, led by Altimeter
FUNDING
Mirendil closes $200M seed at $1B to build autonomous AI R&D systems, democratizing frontier research
FUNDING
Stark Defence raises €500M at €3.5B valuation; Sequoia, Founders Fund back German kamikaze drone startup
MARKET
BIS warns AI bust could ripple into credit; hyperscalers shift from cash-flow to debt financing
POLICY
BIS warns AI boom financing shift to hedge funds, private credit poses burst risk
FUNDING
Upscale AI raises $190M extension at $2B valuation; NVIDIA backs AI-native networking switches
BREAKING
OpenAI names Uber India president Prabhjeet Singh as first managing director for India
CHIPS
Onsemi to acquire Synaptics for $7B in all-stock deal; unifies power, sensing, and edge AI into "physical AI" play
POLICY
Japan commits ¥101.6 trillion ($~590B) to AI and chips by 2040, quintuples chip sector target
MARKET
Micron Q3 Revenue Crushes at $41.5B; Q4 Guidance $50B with 16 Multi-Year SCAs Locking $100B
FUNDING
Peregrine Technologies raises $250M Series D at $6.8B, triples valuation on government AI demand