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South Korean Chip Giant SK Hynix Raises $26.5 Billion in US Debut

South Korean Chip Giant SK Hynix Raises $26.5 Billion in US Debut

Saroj kumar
August 23, 2026

SK Hynix is giving U.S. investors an opportunity to participate in the semiconductor rally. On July 9, the South Korean...

xAI Rebrands as SpaceXAI, Launches New Grok 4.5 Model

xAI Rebrands as SpaceXAI, Launches New Grok 4.5 Model

Saroj kumar
August 23, 2026

xAI and Grok logos on Feb. 16, 2025. Dado Ruvic/Reuters xAI has officially rebranded itself as SpaceXAI and has a...

Palo Alto Networks CEO Says AI Must Get 10 Times More Efficient Before Enterprises Adopt It

Palo Alto Networks CEO Says AI Must Get 10 Times More Efficient Before Enterprises Adopt It

Saroj kumar
August 23, 2026

Nikesh Arora, chief executive officer at Palo Alto Networks Inc., during the Raise summit in Paris, France, on July 8,...

Global Smartphone Shipments Hit 13-Year Low in 2nd Quarter Amid Memory Chip Shortage

Global Smartphone Shipments Hit 13-Year Low in 2nd Quarter Amid Memory Chip Shortage

Saroj kumar
August 23, 2026

A shortage of memory chips for smartphones due to chip manufacturers shifting priorities to support the artificial intelligence (AI) boom...

Lonsdale Warns US Patent Disclosures Give China a Technology Opening

Lonsdale Warns US Patent Disclosures Give China a Technology Opening

Saroj kumar
August 23, 2026

Technology investor Joe Lonsdale said actors in China are reviewing patent applications filed by U.S. artificial intelligence and life science...

Australia to Mandate Data Centre Builders Cover the Cost of Electricity Use

Australia to Mandate Data Centre Builders Cover the Cost of Electricity Use

Saroj kumar
August 23, 2026

Prime Minister Anthony Albanese has vowed new data centre developments will not drive up electricity costs for Australian households. The...

UK Regulator Opens TikTok Probe Over Child Safety, Age Checks

UK Regulator Opens TikTok Probe Over Child Safety, Age Checks

Saroj kumar
August 23, 2026

UK communications regulator Ofcom has opened a formal investigation into TikTok to determine whether the social media platform is meeting...

Musk’s XAI Sues User for Allegedly Using Grok to Create Child Sexual Abuse Material

Musk’s XAI Sues User for Allegedly Using Grok to Create Child Sexual Abuse Material

Saroj kumar
August 23, 2026

A 3D-printed miniature model of Elon Musk and the xAI logo, in this illustration taken Jan. 23, 2025. Dado Ruvic/Reuters...

Lucid Denies Report It Weighed Bankruptcy or Going Private After Shares Crash Over 50 Percent

Lucid Denies Report It Weighed Bankruptcy or Going Private After Shares Crash Over 50 Percent

Saroj kumar
August 23, 2026

California electric vehicle maker Lucid has strongly denied a report released on July 14 that the company is going to...

Apple Briefly Passes Nvidia as World’s Most Valuable Company Before Nvidia Reclaims Lead

Apple Briefly Passes Nvidia as World’s Most Valuable Company Before Nvidia Reclaims Lead

Saroj kumar
August 23, 2026

Attendees watch the keynote presentation during the Apple WWDC at Apple Park in Cupertino, Calif., on June 8, 2026. Justin...

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