A Hong Kong PE Firm's $1.5bn Bet on AI and Chips Defies Market Jitters
Hermitage Capital is deploying a cross-border fund into frontier tech at a moment when most investors are pulling back from volatile sectors.
Hermitage Capital is deploying a cross-border fund into frontier tech at a moment when most investors are pulling back from volatile sectors.
Endeavor Catalyst closes its fifth fund to back high-growth founders in markets the Bay Area barely watches, with half of all profits flowin…
The Seoul giant's third-quarter operating profit climbed to $80 billion, with memory workers set to receive 10.5% of unit profits as AI infr…
Shivani Poddar's Wajo enters a crowded personal-assistant market with virtual cards, human task delegation, and a pitch centred on privacy. …
Japan's chip toolmaker is tracking toward a 60 per cent profit jump, driven by sustained foundry investment and the rising value of advanced…
Follow-on equity raises in Hong Kong hit USD 37.9 billion in H1 2026, surpassing IPOs for the first time in five years as AI infrastructure …
The San Francisco startup is raising up to $4 billion before a 2027 public debut, but 70 per cent of its order backlog rests on a single cli…
The move expands the Claude for Startups programme with free premium seats and marketplace access, part of a broader push to embed AI into e…
A 19-year-old founder and Andreessen Horowitz are betting that consumers will pay for dedicated hardware to keep their personal AI data encr…
The AI chip startup's aggressive hardware push and early customer wins are fuelling another valuation leap, giving it ammunition for a costl…
A chip designer promising to bypass traditional memory, a spatial AI model for 3D environments, and a privacy-first personal assistant stood…
Asian exchanges set the price for AI hardware in the third quarter of 2026 while American acquirers bought the software. The two routes did …
The Baidu-backed startup plans to transfer assisted-driving technology to local partners rather than compete head-on with established Europe…
David Robinson spent three and a half years writing safety reports for major launches. His departure highlights a deeper question: can "move…
Satlyt is betting that spacecraft operators will need a common platform for AI workloads before orbital data centres become reality…
A San Francisco startup helping developers build agents that run on iMessage and WhatsApp has closed seed funding after 40,000 sign-ups and …
The departures follow internal investigation into sharing of sensitive data with external AI safety group, marking latest friction between t…
Subscription growth remains stubbornly linear while operating costs soar, pushing frontier labs toward enterprise contracts and forcing new …
The $852 billion AI developer says it will remain private until governance mechanisms can keep pace with capability expansion, a stance that…
The New York and London voice synthesis company doubled its paper value in eight months through a $300 million secondary sale designed to ke…
The venture firm's latest Surge cohort reflects a structural shift in early-stage funding: larger capital commitments, more capital-hungry d…
Six affiliates of the South Korean conglomerate invest in KKR-backed infrastructure venture as the group looks beyond its core chip business…
The chipmaker's largest AI play yet brings Fei-Fei Li's spatial intelligence startup in-house as competition with Nvidia intensifies across …
The ChatGPT maker pursues a record-breaking bridge round as revenue accelerates to $40 billion run-rate, while CEO Sam Altman delays public …
The housing and healthcare automation platform closed a $350 million round, signalling sustained appetite for AI tools that tackle specific …