The firm that wires AI data centres is chasing Hong Kong’s biggest IPO since Alibaba.
The firm that wires AI data centres is chasing Hong Kong’s biggest IPO since Alibaba.

One of the quiet winners of the AI boom is about to test the public markets. Zhongji Innolight, a Chinese maker of high-speed optical transceivers, has started gauging demand for a Hong Kong listing worth as much as $8bn. The Shenzhen-listed company wo…

Korea’s AI chip market is now the opening bell for global stocks
Korea’s AI chip market is now the opening bell for global stocks

Fund managers in London, New York, and Tokyo have added a new step to their morning routine: checking South Korean stocks. Korea’s $4 trillion equity market is now offering an early read on global AI risk appetite, as swings in SK Hynix and Samsung rip…

Xpeng Expands Beyond EVs With Munich Event, Promising Flying Cars and Humanoid Robots

The Guangzhou-headquartered EV maker wants to be known as more than just a car company.

Apple raised iPhone 17 prices by 10% in Japan as the yen hovers near a four-decade low
Apple raised iPhone 17 prices by 10% in Japan as the yen hovers near a four-decade low

Apple raised the price of the iPhone 17 in Japan by roughly 10%, with the entry-level 256GB model now starting at ¥142,800 ($879), up from ¥129,800 previously, Bloomberg reported on Saturday. The iPhone 17 Pro with the same storage rose 8.3% to ¥194,80…

The AI boom’s least glamorous winner just filed for a $5bn listing, and it wires Google and Amazon’s data centres
The AI boom’s least glamorous winner just filed for a $5bn listing, and it wires Google and Amazon’s data centres

While attention fixes on Nvidia and the AI models, the companies quietly wiring the data centres together are booming. Eoptolink, a Chinese maker of high-speed optical transceivers, has filed for a Hong Kong listing that could raise up to $5bn, Bloombe…

Nvidia CEO Jensen Huang Pays Tribute To Sega During Visit To Tokyo

In rather touching news, the CEO of Nvidia, Jensen Huang, gave thanks to Sega during his recent trip to Tokyo.

Mitsubishi Electric weighs power-chip merger with Rohm and Toshiba
Mitsubishi Electric weighs power-chip merger with Rohm and Toshiba

Japan’s three biggest power-chip makers want to become one company, and the wiring is proving harder to rearrange than the ambition. Mitsubishi Electric is exploring a combination of its power-semiconductor operations with those of Rohm and Toshiba, ac…

Oracle leads the race to build Japan a secret, air-gapped cloud
Oracle leads the race to build Japan a secret, air-gapped cloud

Oracle is leading the race to build Japan an air-gapped cloud, sealed off from the internet. Washington wants it to counter Chinese hacking. Before the US shares more of its secrets with Japan, it wants Japan to lock them down. Oracle is now the front-…

Jensen Huang thanks Sega for the $5m that saved Nvidia from bankruptcy in 1995
Jensen Huang thanks Sega for the $5m that saved Nvidia from bankruptcy in 1995

Nvidia and Sega go back 30 years. Jensen Huang flew to Tokyo to thank the games maker for a $5m investment that saved his company from bankruptcy in 1995. “If not for what Sega did for Nvidia, Nvidia would not be here today.” That is Jensen Huang, chie…

South Korea will give all 52 million citizens free AI access, becoming the first G20 nation to do so
South Korea will give all 52 million citizens free AI access, becoming the first G20 nation to do so

South Korea’s Ministry of Science and ICT opened bidding on July 13 for a free, unlimited AI chatbot and public-service agent available to all 52 million residents. The programme, called “AI for Everyone,” would make South Korea the first G20 nation to…