The launch follows JD.com agreeing last year to buy German electronics retailer Ceconomy.

US-based Susquehanna International Group - described by one person as a new investor - and existing investor Lightspeed are also expected to join the round, the sources said.

Microsoft, Google, Meta, and Amazon are expanding data center networks nationwide and mayors including Kate Gallego and Larry Klein.

Gross margin fell to 5.62%, which Simon Lin attributed to changes in the company’s product mix, such as increasing shipments of rack-related products.

Musk said last year Tesla would probably have to build "a gigantic chip fab" to make AI chips.

The partnership will target AI models tailored to national defense and manufacturing.

Aridge said the fundraising brought its total equity financing to about US$1 billion.

The setup splits inference into parallel prefill and serial decode using Cerebras CS-3 and Trainium to reduce latency.

Subscriptions accounted for 97% of Adobe's US$6.4 billion revenue for the quarter ended February 27.

Aspex, which holds about 9.2% of Delivery Hero stock, said single-country divestitures or minority stake sales would not be sufficient.

Since its app launch in June 2024, Superbank has served over 6 million customers.

Earendil Labs collaborates with Sanofi and Wuxi Biologics on advanced biologic therapies.

The new fund supplements Innov8’s existing US$250 million evergreen fund, bringing total managed capital to US$500 million.

Platforms face fines of up to US$33 million for non-compliance under the law.

Xiaomi was preparing for mass production of the next-generation SU7.

The company said it will use AI to assist investors while keeping decisions with users through consent.

outh Korea’s humanoid robot market will reach about US$196 million by 2035.

Komdigi requires all electronic system operators used in Indonesia to register.

Altman said the agreement reflects OpenAI’s principles banning domestic mass surveillance.

The partnership ties OpenAI to a second major cloud provider and further diversifies its infrastructure and investor base.

Multinationals expand high-end engineering in India, with consultants costing one-fifth of Western counterparts.