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Alibaba says smart car spinoff Banma plans to list shares in Hong Kong
Alibaba said in a filing on Wednesday that Banma, a smart car supplier that the company backs, will list shares on the Hong Kong Stock Exchange.
These little robots are changing the way solar farms are built, saving time and money
Civ Robotics is a startup that uses robots as land surveyors. The robots can mark thousands of placement points per day for solar panels on solar farms.
Intel in talks with other large investors for equity boost at discount, sources say
It comes after SoftBank announced it would invest $2 billion in the struggling chipmaker.
Palantir stock plummets 20% from highs in longest losing streak since April 2024
Earlier this month, Palantir rocketed to record highs after it posted a first $1 billion-revenue quarter and blew past Wall Street quarterly estimates.
Sony raises PlayStation 5 prices in U.S. as tariffs start to hit
Sony said on Wednesday that PlayStation 5 game consoles will cost more in the U.S. starting this week.
Crypto firms urge UK to form national stablecoin strategy to avoid falling behind U.S.
In an open letter, several major crypto firms said the U.K. "must act now to avoid being a rule-taker rather than a rule-maker in the digital asset era."
Google announces its AI-powered Pixel 10 smartphone series
The newest series prominently feature the Gemini assistant as AI increasingly becomes the battleground where device companies compete.
Nvidia, Bill Gates-backed robotics startup Field AI hits $2 billion valuation after recent raise
Robotics startup Field AI has closed two funding rounds, with investments from Nvidia's venture capital arm and Amazon founder Jeff Bezos' family office.
Epic touts new AI tools for patients and doctors at company's annual meeting
Epic says it's developing roughly 200 different AI features for patients, clinicians and insurers.
SoftBank Group shares plunge over 9% as Asian tech stocks track declines in U.S. peers
Losses were also seen in other technology stocks in South Korea, Taiwan and Hong Kong.
Palantir stock slumps 9%, falling for a fifth straight day from record
Palantir's stock fell for a fifth straight day to continue its pullback from all-time highs.
Databricks says it's valued at over $100 billion in latest funding round
Databricks said that it's closing a funding round that will value the company at over $100 billion, up from $62 billion late last year.
Lutnick says Intel has to give government equity in return for CHIPS Act funds
The potential deal would convert the CHIPS ACT grants into equity, but wouldn't come with governance rights in Intel, Lutnick said.
Apple reportedly ups iPhone production in India as country's Russia ties roil White House
Treasury Secretary Scott Bessent told CNBC on Tuesday that India is "profiteering" off of Russia's invasion of Ukraine
Crypto stocks tumble on Tuesday as investors go into risk-off mode
Crypto stocks were among the hardest hit on Tuesday as investors dumped tech names.
Silicon Valley's AI deals are creating zombie startups: 'You hollowed out the organization'
Unable to make big AI purchases because of regulatory hurdles, tech giants have spent billions to buy top talent from startups, leaving behind shell companies.
Apple just landed a key win for the global encryption fight
The U.S. government announced the U.K. would drop its demand for Apple to provide a "back door" to user data, in a key victory for end-to-end encryption.
Nvidia says it's evaluating a 'variety of products' after report of new AI chip for China
Nvidia last week struck a deal with the U.S. government to resume selling products in China, in exchange for giving it a 15% cut of the sales.
Shein reportedly weighs moving back to China in a bid for Hong Kong IPO approval
Shein is reportedly considering moving its headquarters back to China in a bid to facilitate its Hong Kong initial public offering plans.
Shein reportedly weighs moving back to China in a bid for Hong Kong IPO approval
Shein is reportedly considering moving its headquarters back to China in a bid to facilitate its Hong Kong initial public offering plans.
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