Technology News
Latest technology news and updates
Total: 1454
Cambricon Returns to Profit as AI-Compute Boom Sends Revenue Soaring
Cambricon posted revenue of RMB 6.497 billion and net profit of RMB 2.059 billion for 2025, reversing last year’s loss after revenue surged 453% as AI compute demand climbed. The result highlights the commercialization of China’s AI chip industry but leaves questions about sustainability, customer concentration and supply‑chain risks.
OpenAI Says It Has Secured $110 Billion in Fresh Investment — A Game‑Changer for the AI Race
OpenAI has announced $110 billion in new investment, a claim that—pending disclosure of investors and terms—would dramatically reshape the AI industry. The capital would strengthen OpenAI's technical lead but also raise competition, governance and regulatory challenges.
Amazon, Nvidia and SoftBank Pump $110bn into OpenAI as the Company Recasts Its Spending Plan
OpenAI has raised $110 billion from Amazon, Nvidia and SoftBank, valuing the company at about $730 billion pre‑money. The round includes strategic ties with Amazon and Nvidia and comes as OpenAI trims its 2030 compute spending target to roughly $600 billion while projecting revenue above $280 billion by 2030.
OpenAI Pulls in $110bn, Seals Strategic Ties with Nvidia and Amazon as AI Stakes Soar
OpenAI said it raised $110 billion in a round that values the company at $730 billion pre-money, with SoftBank, Nvidia and Amazon as lead backers. The deal pairs massive capital with strategic access to next‑generation inference hardware and AWS distribution, intensifying competition among cloud providers and magnifying concentration risks in the AI ecosystem.
Amazon, Nvidia and SoftBank Pump $110bn into OpenAI as Valuation Soars to $730bn
OpenAI secured about $110 billion from Amazon, Nvidia and SoftBank, lifting its pre‑money valuation to roughly $730 billion and expanding a strategic AWS partnership. The financing fuels an escalating capital race among AI developers and tightens the ties between model creators, cloud providers and chipmakers, with implications for competition, regulation and geopolitics.
OpenAI Secures $110bn Round as Amazon, Nvidia and SoftBank Bet on an AI Infrastructure Arms Race
OpenAI has closed a record $110 billion private funding round led by Amazon ($50bn), Nvidia ($30bn) and SoftBank ($30bn), lifting its pre‑money valuation to about $730 billion. The financing combines capital with strategic infrastructure deals—AWS exclusivity for the Frontier enterprise distribution and large GPU allocations from Nvidia—marking a consolidation of compute, cloud and software in the AI market.
Moore Threads Sees Revenue Surge on AI GPU Demand, Losses Narrow as MTTS5000 Goes into Mass Production
Moore Threads posted a 243% jump in 2025 revenue to RMB 1.506 billion while reducing its net loss to RMB 1.024 billion. The company has launched and begun mass production of the MTTS5000, a training‑and‑inference GPU, benefitting from rising AI demand but still facing hurdles to profitability and ecosystem adoption.
Anthropic Refuses Pentagon Demand for Unfettered Access to Claude, Citing Conscience and Safety Limits
Anthropic has publicly refused a Pentagon demand for unrestricted access to its AI model Claude, citing ethical and safety limits on mass surveillance and fully autonomous weapons. The Defense Department reportedly threatened to label the company a supply-chain risk and invoke the Defense Production Act; talks between Anthropic's CEO and the defense secretary did not resolve the dispute.
AI-driven Memory Crunch Set to Shrink Smartphone Shipments and Send DRAM Prices Soaring
A market forecast warns that an AI-driven shortage of DRAM and NAND will depress global smartphone shipments to about 1.1 billion units this year and keep memory tight through 2027. Contract prices for DRAM and NAND are expected to surge sharply, hitting low-margin Android brands hardest while advantaging suppliers and premium device makers.
China’s AI Models Overtake US Usage — Rewriting the Hardware Playbook and Roiling Markets
OpenRouter data shows Chinese AI models surpassed US counterparts in weekly token usage in February 2026, driven by multiple efficient architectures and low costs. Markets split: Chinese cloud, data‑centre and power stocks surged while Nvidia’s valuation plunged, signalling a potential reallocation of AI value away from high‑end GPUs toward models and low‑cost infrastructure.
Kuaishou’s Spring Festival Gambit: Red‑Envelope Games Drive DAU to a New Peak
Kuaishou’s 2026 Spring Festival campaign produced record daily activity driven by gamified cash incentives and QR‑based greetings, with a 60% rise in users of a shake‑to‑get red‑envelope feature and nearly 80 million participants across key events. The results highlight the platform’s skill at converting cultural rituals into digital engagement, but leave open questions about sustainability and costs.
Vivo to Debut X300 Ultra at MWC 2026 as Chinese OEMs Push Further into the Global Flagship Market
Vivo will unveil its new flagship X300 Ultra at MWC 2026 in Barcelona, signalling a deliberate push into the global premium smartphone market. The debut is as much about courting carriers and international consumers as it is about showcasing new hardware and software features.