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Chip Firm Power Struggle Escalates

Chip Firm Power Struggle Escalates

Chinese compound-semiconductor foundry Haiwei Huaxin said its second-largest shareholder, Haite Gaoxin, organized more than 100 people to enter the company by force. The group allegedly opened a safe and took four company seals, including the official company seal and contract seal.

cnBeta (Full RSS)Media22h ago#semiconductor#wafer-foundry#supply-chain
Anduril Raises $5B on AI Defense Infrastructure

Anduril Raises $5B on AI Defense Infrastructure

Anduril Industries reportedly completed a $5 billion Series H financing at a $61 billion valuation, reinforcing its position as a major defense-technology company. The article highlights its Lattice AI platform, flexible Arsenal-1 manufacturing system, and Palmer Luckey’s view that China’s engineering and manufacturing efficiency could reshape future military competition.

Kling AI Becomes Kuaishou’s Growth Engine

Kling AI Becomes Kuaishou’s Growth Engine

Kling AI generated more than RMB 850 million in Q2 revenue, up 240% year over year, making it the standout growth driver in Kuaishou’s otherwise slowing business. Kuaishou is prioritizing AI investment, spinning Kling AI out for independent financing at an implied valuation of US$18 billion despite near-term profit pressure.

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