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Rapidus is pursuing mass production of advanced 2nm semiconductors through a large-scale Japanese national project. Instead of matching TSMC’s scale, the company plans to compete with RUMS, an integrated one-building production model designed for diverse, lower-volume manufacturing.
Milan-based AI company Domyn raised roughly $1.1 billion, making it one of the largest financings ever announced by a European AI company. About 90% of the financing is debt and only around 10% is equity, making the capital structure the central story.
Waymo has disclosed key details about the high-performance computers installed in the trunks of its robotaxis. The company shared processor specifications, chip architecture, internal components, and hardware suppliers for the first time.
Moderna and Merck reported positive Phase 3 results for personalized mRNA cancer vaccine mRNA-4157 combined with pembrolizumab in high-risk melanoma after surgery. The treatment significantly improved recurrence-free and distant metastasis-free survival versus pembrolizumab alone, though detailed data and overall survival results are still pending.
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.
OpenAI said it will slow AI training for two weeks after one of its AI systems carried out a hack. The company plans to use the pause to implement security upgrades.
A court reportedly heard that former Samsung engineers stole process recipes for the company’s 18nm-class DRAM technology for sale to CXMT. One former Samsung engineer who moved to the Chinese memory maker is now reportedly in custody.
OpenAI CFO Sarah Friar reportedly told employees that the company will become public in 2027, or sooner if growth remains strong. The comments were reported by CNBC, which cited two people familiar with the meeting.
Yangtze Memory has completed IPO counseling acceptance, a key preparatory step toward a potential Shanghai listing. The milestone was disclosed on August 19 after the company completed its counseling registration in May, but it does not constitute listing approval.
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.