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China to triple ai chip production by 2026

China to triple ai chip production by 2026

According to the Financial Times, China is preparing to triple its AI chip production capacity by 2026. The move is part of Beijing’s strategy to reduce its reliance on the United States—particularly on Nvidia—and to achieve greater self-sufficiency in semiconductor technology. A central role in this plan belongs to Huawei, which aims to launch a...

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Framer secures $100M series D, valuation hits $2 billion

Framer secures $100M series D, valuation hits $2 billion

Framer, the no-code website building platform, has raised $100 million in its Series D funding round. The investment, led by existing backers Meritech and Atomico, has boosted the company’s valuation to $2 billion. With over 500,000 monthly users, Framer allows anyone to design and manage professional-grade websites without technical expertise, thanks to its intuitive drag-and-drop...

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OpenAI launches gpt-realtime: A breakthrough in voice ai

OpenAI launches gpt-realtime: A breakthrough in voice ai

OpenAI has unveiled its new gpt-realtime model, marking the beginning of a new era in voice AI. Announced during a live broadcast on Thursday, the model is described as the company’s most advanced speech-to-speech system to date. What sets gpt-realtime apart is its ability to deliver speech that closely resembles the human voice—capturing tone, emotion,...

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U.S. government buys 10% stake in Intel for $8.9 billion

U.S. government buys 10% stake in Intel for $8.9 billion

The U.S. government has announced a $8.9 billion investment in Intel, acquiring a 10% stake in the chipmaker. President Donald Trump and Commerce Secretary Howard Lutnick revealed the deal, which stands out as one of the largest commercial agreements Washington has struck with an American corporation since the 2008 auto industry bailouts. The investment was...

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Klarna revives U.S. IPO plans with $14 billion target valuation

Klarna revives U.S. IPO plans with $14 billion target valuation

Swedish fintech company Klarna is preparing to revive its plans for an initial public offering (IPO) in the United States next month. According to sources close to the matter, the company’s valuation is expected to fall within the range of 13 to 14 billion dollars. Klarna has previously considered going public but postponed its plans...

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Nvidia and AMD agree to give 15% of China ai chip sales revenue to U.S. government

Nvidia and AMD agree to give 15% of China ai chip sales revenue to U.S. government

Nvidia and AMD have agreed to allocate 15% of their revenue from selling high-end AI chips to China directly to the U.S. government. This arrangement, viewed as a form of “revenue tax,” signals a partial easing by the Trump administration on chip exports to China, while also highlighting Washington’s intent to secure a share of...

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Chai discovery secures $70 million funding, boosts valuation to $550 million

Chai discovery secures $70 million funding, boosts valuation to $550 million

Biotechnology startup Chai Discovery has raised $70 million, pushing its valuation to $550 million. The funding round included Menlo Ventures, Thrive Capital, OpenAI, DST Global Partners, and Yosemite, a cancer-focused VC firm founded by Steve Jobs’ son. Founded in 2023 by Joshua Meier and Jack Dent, Chai Discovery is focused on developing faster and more...

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Meta acquires ai voice technology startup WaveForms

Meta acquires ai voice technology startup WaveForms

Meta has taken another step to expand its presence in the AI voice technology space with a new acquisition. Following last month’s purchase of PlayAI, the tech giant has now acquired WaveForms, a startup specializing in AI-driven voice solutions. Financial terms of the deal were not disclosed. According to The Information, the move is part...

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GPT-5 coming to iPhones with iOS 26

GPT-5 coming to iPhones with iOS 26

OpenAI’s groundbreaking new AI model GPT-5 will arrive on iPhones this fall with the release of iOS 26. Announced just yesterday, the model will be integrated into Apple Intelligence, though the integration will be entirely optional for users. iPhone owners will gain several new capabilities, including accessing ChatGPT through Siri, using ChatGPT within writing tools,...

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OpenAI unveils next-generation ai model GPT-5

OpenAI unveils next-generation ai model GPT-5

OpenAI has officially introduced GPT-5, the long-awaited new generation of its AI technology. Speaking at the launch event, OpenAI CEO Sam Altman highlighted that GPT-5 can now respond to any user query with the expertise of a “PhD-level specialist.” The new model stands out for its advanced capabilities in areas such as software development, content...