Chinese tech giants like ByteDance have ordered over 2 million Nvidia H200 AI chips. But with only 700,000 in stock, Nvidia needs TSMC’s help to meet 2026 delivery targets, all while navigating a political minefield.
Venture funding for fintech companies increased for the first time since 2021, hitting $55.94 billion globally. But the real story is the concentration of capital, with prediction market platforms Polymarket and Kalshi securing $3.71 billion of that total in mega-rounds.
China is implementing new controls on silver exports, a critical metal for U.S. industry and defense. The move, which Tesla CEO Elon Musk called “not good,” is part of a broader strategy to regulate strategic materials. The rules also preview restrictions on tungsten and antimony for 2026.
ServiceNow has amended CEO Bill McDermott’s employment contract, extending his leadership through at least December 31, 2030. The new filing explicitly states he could serve as CEO, co-CEO, Executive Chairman, or Non-Executive Chairman at the board’s discretion.
Nvidia is in advanced talks to acquire Israeli AI startup AI21 Labs, according to a new report. The deal could be worth up to $3 billion, with Nvidia primarily interested in the company’s 200-person team of AI experts.
The AI boom is creating a major memory shortage, and your next game console could be a casualty. A new report suggests Sony is considering delaying the PS6’s planned 2027 release due to skyrocketing RAM costs.
In a flurry of year-end moves, Big Tech is doubling down on AI with clear monetization and deployment strategies. Meta’s huge acquisition stands out, aiming to finally turn its AI investments into direct subscription revenue.
Meta is acquiring AI startup Manus in a deal worth over $2 billion. The Singapore-based company, which hit $100M in revenue in just 8 months, has deep roots in China, forcing Meta to mandate a full cut-off.
The Japanese investment giant SoftBank has completed its planned $40 billion stake in OpenAI. The deal, first agreed to in early 2025, cements SoftBank’s aggressive push into artificial intelligence.
Mark Zuckerberg’s Meta is making one of its biggest AI bets yet, acquiring the startup Manus for over $2 billion. The deal is a landmark because Manus was founded in China, instantly raising geopolitical eyebrows. Can Meta navigate the political minefield to get the tech it wants?
