Indian IT Giant Coforge to Acquire Encora in $2.35 Billion Artificial Intelligence Play
Indian IT services firm Coforge has entered into a definitive agreement to acquire Encora, a California-based artificial intelligence and software engineering firm, for an...
China Proposes New Regulations for Emotional and Human-Like AI
BEIJING — China’s cyber regulator has released draft regulations aimed at tightening oversight of artificial intelligence services that simulate human personalities and engage in...
Meta to Acquire AI Startup Manus in Deal Valued Up to $3 Billion
MENLO PARK, Calif. — Meta Platforms announced Monday it will acquire Manus, a Singapore-based artificial intelligence startup known for...
U.S. Grants Samsung and SK Hynix One-Year Licenses for China Operations
SEOUL — The United States government has authorized Samsung Electronics and SK Hynix to transport critical semiconductor manufacturing equipment...
SoftBank Finalizes Massive $41 Billion Investment in OpenAI
TOKYO — SoftBank Group has completed a landmark $41 billion investment in OpenAI, securing an 11% stake in the...
Poland Demands EU Investigation into TikTok Over Russian-Linked AI Disinformation
WARSAW — The Polish government has formally requested that the European Commission investigate TikTok following the emergence of AI-generated...
AI and Chipmakers Drive Record-Breaking Surge in Hong Kong IPOs
HONG KONG — A year-end surge of initial public offerings (IPOs), led by artificial intelligence (AI) startup MiniMax Group,...
U.S. Grants TSMC Annual License for China Operations
The U.S. government has issued an annual export license to Taiwan Semiconductor Manufacturing Co. (TSMC), permitting the firm to...