Chinese AI firm MiniMax, others launch Hong Kong IPOs in year-end rush
Hong Kong IPO proceeds hit highest since 2021 AI, chip listings lead 2026 IPO pipeline Cornerstones include Alibaba,…
US FDA approves Vanda Pharmaceuticals’ motion sickness drug
Dec 30 (Reuters) – Vanda Pharmaceuticals (VNDA.O), opens new tab said on Tuesday its drug for the prevention…
Musk’s xAI buys third building to expand AI compute power
Dec 30 (Reuters) – Elon Musk said on Tuesday his artificial intelligence startup xAI has bought a third…
SoftBank has completed its $40 billion investment in OpenAI, source says
Dec 30 (Reuters) – SoftBank Group (9984.T), opens new tab has completed its $40 billion investment in OpenAI,…
Meta to acquire Chinese startup Manus to boost advanced AI features
Dec 29 (Reuters) – Meta (META.O), opens new tab said on Monday it would acquire Chinese artificial intelligence…
China’s LandSpace gears up to take on Elon Musk and SpaceX
LandSpace is trying to become China’s SpaceX LandSpace became the first in China to test a reusable rocket…
China issues drafts rules to regulate AI with human-like interaction
BEIJING, Dec 27 (Reuters) – China’s cyber regulator on Saturday issued draft rules for public comment that would…
China eases IPO rules for firms developing reusable rockets
New guidelines exempt firms from some financial requirements Companies will need to meet reusable rocket tech milestones Beijing…
China’s LandSpace hopes to complete rocket recovery in mid-2026
LandSpace seen in China as the domestic answer to SpaceX Firm became first in China to fully test…
Italy watchdog orders Meta to halt WhatsApp terms barring rival AI chatbots
MILAN, Dec 24 (Reuters) – Italy’s antitrust authority (AGCM) on Wednesday ordered Meta Platforms (META.O), opens new tab…
Trump’s AI hiring campaign draws interest from 25,000 hopefuls
WASHINGTON, Dec 23 (Reuters) – Roughly 25,000 people have expressed interest in joining the Trump administration’s cadre of…
Innospace’s rocket crashes in first commercial launch in Brazil; shares tumble
Item 1 of 2 South Korean company Innospace’s Hanbit-Nano vehicle launches from Alcantara Space Center in Maranhao, Brazil,…