OpenAI is reportedly in talks to raise up to US$40 billion in a major funding round, with potential backing from Saudi Arabia's Public Investment Fund (PIF), India's Reliance Industries,...
Several of China's state-owned automakers have pledged to standardize bill payment periods for their suppliers to 60 days after authorities raised concerns about supply chain finan...
Chinese officials summoned the heads of major electric vehicle makers, including BYD Co., to Beijing in early June to address concerns about the long-running price war, according...
Facing mounting pressure from high US tariffs and a prolonged global economic slowdown, Samsung Electronics has reportedly activated a crisis management framework and signed a credit...
Copenhagen Infrastructure Partners (CIP) has achieved financial closure for the Fengmiao offshore wind farm's first phase, marking a milestone as the first fully financed project...
OpenAI, the artificial intelligence company behind ChatGPT, said it has finalized a funding round that will bring in US$40 billion from SoftBank Group Corp. and other investors at...
With Phase 2 of Taiwan's offshore wind power development progressing steadily, attention is now turning to Phase 3-1 projects. Among them, the Fengmiao Phase 1 wind farm project,...
Chinese electric vehicle (EV) startup Neta Auto has commenced the dissolution of its R&D staff at its Shanghai headquarters, according to industry rumors in China.
China-based startup Zhipu AI has raised more than CNY1 billion (US$140 million) in its latest round of financing, with the investment to be used to fund the development of its GLM-series...
Chinese artificial intelligence startup DeepSeek has published breakthrough research findings on enhancing AI model efficiency in processing large-scale data. Sources indicate that...
Hotai Finance Corporation (HFC), Taiwan's leading auto finance company under the Hotai Motor Group, is advancing corporate transformation through a sub-group development model. By...
As the spring begins for 2025, China's IC industry has seen a major injection of funding. Wuxi SJ Semiconductor has closed a financing agreement worth roughly US$700 million. This...
Sumitomo Mitsui Banking Corporation (SMBC) has launched an innovative type of asset-based financing that utilizes semiconductor manufacturing equipment as collateral. This approach...
Six weeks after COP29 climate summit concluded with a compromise on the New Collective Quantitative Goal (NCQG), the agreement continues to fall short of developing countries' expectations...
As artificial intelligence (AI) has been in bloom in recent years, Nvidia has achieved a remarkable milestone by surpassing a market capitalization of US$3 trillion for the first...
