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Sunday 26 April 2026
Nvidia and OpenAI both make US$20 billion bets on AI chip startups: what's the common factor?
2026 has become a major year for IPO fundraising among leading AI players. At the end of 2025, Nvidia CEO Jensen Huang spent US$20 billion to acquire the IP and talent of AI chip startup...
Thursday 23 April 2026
Tencent, Alibaba circle DeepSeek in US$20 billion AI deal talks
Chinese tech giants Tencent Holdings and Alibaba Group are reportedly in talks to invest in AI startup DeepSeek, as the company seeks fresh funding that could value it at more than...
Monday 20 April 2026
DeepSeek reportedly weighs first external fundraising as AI competition intensifies
Chinese AI startup DeepSeek is considering raising external funding for the first time, a move that would mark a significant shift for a company that has so far relied on backing from...
Tuesday 14 April 2026
Phison eyes US$1.4B fundraising to tackle severe NAND shortage in 4Q26
Phison Electronics founder and CEO Pua Khein-Seng warned that the current NAND Flash shortage will worsen significantly in the second half of 2026, with an acute supply crunch expected...
Wednesday 11 March 2026
Early Anthropic funder reportedly raising US$3B in new funding as VC concentrates on AI leaders
Spark Capital, the first venture capital (VC) firm to invest in Anthropic, is reportedly raising roughly US$3 billion in new funds, according to The Information. This new...
Friday 6 March 2026
South Korean OLED materials firm Lordin plans India expansion amid Chinese competition
South Korean OLED materials developer Lordin plans to seek a technology-special listing in the first half of 2027, with a US$25 million fundraising round targeted for completion in...
Monday 23 February 2026
SenseTime's risks run deeper than consensus forecasts

SenseTime faces sustained financial and geopolitical pressure, and a recent Bloomberg Intelligence note says the market may still...

Monday 5 January 2026
China memory makers' IPO line up: CXMT seeks US$4.2 billion, YMTC prepares filing
Strong AI demand has pushed the memory sector into a rare upcycle. China's leading DRAM maker CXMT is advancing an IPO application on the STAR Market, targeting CNY29.5 billion (US$4.21...
Tuesday 18 November 2025
WT Microelectronics breaks record in overseas fundraising to seize US and Europe opportunities
WT Microelectronics announced on November 17 that it has completed the simultaneous pricing of its global depositary receipts (GDRs) and unsecured convertible bonds, expecting to raise...
Tuesday 4 November 2025
China dominates Asia-Pacific startup funding, with focus on AI and defense technology
China continues to see resilience in industry, technology, and trade as the largest economy in Asia, with Chinese firms securing seven of the top 10 spots in the startup fundraising...
Thursday 30 October 2025
OpenAI reportedly prepares for IPO as new Microsoft partnership and regulatory agreements finalize
OpenAI is reportedly gearing up to launch an initial public offering (IPO), potentially valued at US$1 trillion, aiming for a public listing by late 2026 or early 2027. According to...
Tuesday 7 October 2025
Taiwan venture capital rises amidst global downturn
Despite a global startup winter following the Covid pandemic, Taiwan's venture capital market has thrived against the trend but still faces challenges, especially as funding increasingly...
Wednesday 10 September 2025
China's NSIG to absorb loss-making wafer subsidiaries in US$967M restructuring
China's top silicon wafer maker, National Silicon Industry Group (NSIG), has unveiled a major restructuring, taking full control of three loss-making 12-inch wafer subsidiaries. The...
Wednesday 4 June 2025
Musk’s empire grows: xAI at $113B, Neuralink raises $650M
As Elon Musk returns to the helm of his business empire, two of his ventures are making headlines. AI startup xAI is reportedly raising US$300 million at a US$113 billion valuation,...
Wednesday 2 April 2025
China's Luxshare reportedly mulls US$2–3 billion Hong Kong listing in 2025

Luxshare Precision Industry, a Shenzhen-listed supplier to Apple and assembler of AirPods, is weighing a Hong Kong listing later in 2025...