⚙️
Rebellions Prepares for Korea IPO
Rebellions CFO Sungkyue Shin said the AI chip startup is actively preparing for an initial public offering. A listing on South Korea’s main stock exchange is the company’s top priority.
Search
10 results on this page
⚙️
Marvell and Google Expand AI Chip Partnership
Marvell and Google are deepening their partnership on custom AI chip development. Marvell is giving Google the right to purchase up to $12.2 billion in Marvell stock, strengthening their long-term alignment in the AI hardware race.
Nebius Plans $4.5B AI Data Centre Expansion
Nebius Group plans to raise $4.5 billion through convertible bonds to build artificial intelligence data centres. The offering includes $2.75 billion of notes maturing in 2030, with the remainder issued in a second tranche.
⚙️
Nebius Seeks $4.5B for AI Data Centers
Nebius Group is seeking to raise $4.5 billion through convertible bonds. The company plans to use the capital as it builds data centers to meet demand for artificial intelligence services.
Slack Code Brings AI Agents Into Team Chats
Slack Code now lets developers bring AI coding agents into a shared Slack group chat, allowing teammates to participate in the interaction. The update shifts coding-agent use from a private developer workflow toward collaborative team review and discussion.
Ant Group Profit Stalls as AI Spending Rises
Ant Group’s quarterly profit barely grew after the company increased spending on artificial intelligence. The investments target healthcare, large language models, and payment services, while expansion costs also pressured results.
⚙️
Alibaba Cloud Rides China’s AI Computing Boom
Alibaba Group reported a 9% revenue increase as growing AI development in China boosted demand for computing capacity from its cloud business. The results highlight how AI infrastructure demand is supporting Alibaba’s broader growth.
Lightelligence’s Photonic Pivot: Bright Technology, Uncertain Business
Lightelligence is shifting from computing with light to connecting with light, signaling a more pragmatic focus on photonic interconnects. Despite strong investor enthusiasm following a 383.62% first-day stock surge in Hong Kong, the company faces concentrated customers, slow receivables, declining margins, and supply-chain risks.
AiMOGA Robotics Starts IPO Preparations
Chery’s AiMOGA Robotics has begun preparing for a potential standalone IPO and is discussing possible listing venues. The company has not selected an exchange or announced a timetable, but says the listing could fund technology investment and overseas expansion.
⚙️
Stecon Targets $1.5 Billion Thailand Data Center Bids
Stecon Group Pcl plans to bid for three data-center construction projects valued at a combined 49.8 billion baht, or about $1.5 billion. The company expects Thailand’s accelerating technology investment to drive further growth.