Chinese independent refiner and petrochemicals producer Hengli Petrochemical has agreed to restructuring deals worth a total of up to $1.89 billion for its subsidiary Kanghui New Material Technology, filings showed on Monday.
Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree laws governing the use of the technology.
Self-driving technology maker Mobileye Global named insider Moran Rojansky as its chief financial officer on Monday, succeeding Anat Heller who left the role in June for personal reasons.
Qualcomm on Monday said it had signed a deal with Apple to supply 5G chips until at least 2026, at a time when the iPhone maker faces increased challenges in China and looks to reinforce its supply chains elsewhere.
Executives at top U.S. and Vietnamese firms in the semiconductor, tech and aviation sectors met seeking to forge business partnerships during Biden’s visit to Hanoi which has seen new deals on on planes and AI.
Canada’s Telesat on Monday said it has sealed an agreement with SpaceX to launch its low-Earth-orbit (LEO) satellites from 2026, with the aim of providing global broadband service from space in late 2027.
Retail traders getting their first bite at Arm Holdings’ highly anticipated public offering when the British chip designer begins trading this week should beware: individual investors often get burned when they jump on hot listings.
The U.S. Justice Department and a coalition of state attorneys general on Tuesday will begin a blockbuster antitrust trial in Washington, alleging that Alphabet’s Google unlawfully abused its dominance in the search-engine market to maintain monopoly power.
DuckDuckGo, which has long complained that Google’s tactics have made it too tough to get people to use their search engine on a mobile phone, will be one of many rivals to the online search giant eyeing a once-in-a-generation antitrust trial set to begin Tuesday.
Nvidia’s supremacy in building computer chips for artificial intelligence has chilled venture funding for would-be rivals, investors said, with the number of U.S. deals this quarter falling 80% from a year ago.
