South Korea’s LetinAR is building optics behind AI glasses
A lens the size of a thumbnail — and the South Korean startup that makes it could become the optical backbone of the AI glasses era.
Korea’s biggest manufacturers back Config, the TSMC of robot data
Samsung, Hyundai and LG just bet on the startup that wants to be robotics’ data backbone.
China’s Moonshot AI raises $2B at $20B valuation as demand for open-source AI skyrockets
Moonshot’s annualized recurring revenue topped $200 million in April, driven by rapid growth in paid subscriptions and API usage.
AI boom pushes Samsung to $1T
Samsung crossed the $1 trillion valuation mark after shares surged on AI-driven chip demand, making it only the second Asian company after TSMC to hit the milestone.
Firestorm Labs raises $82M to take drone factories into the field
A defense startup just raised $82 million to put drone factories inside shipping containers and bring manufacturing to the front lines.
Australia forces Big Tech firms to pay for news or face a 2.25% tax
Australia is giving Big Tech a simple choice. Pay journalists. Or pay the government.
China blocks Meta’s $2B Manus deal after months-long probe
China has ordered Meta to unwind its multibillion-dollar Manus acquisition, dealing a potential setback to Zuckerberg’s push into AI agents.
Salmon raises $100M in equity and debt to bring digital credit to underbanked Filipinos
Salmon is targeting underbanked Filipinos, with little to no credit history, as well as people unhappy with the incumbent lenders’ reliability issues.
Labor unrest at Samsung may worsen memory chip supply issues
Tens of thousands of Samsung Electronics workers held a rally at the company’s Pyeongtaek campus in South Korea on Thursday to signal they are prepared to walk off the job for an 18-day strike next month.
In Japan, the robot isn’t coming for your job; it’s filling the one nobody wants
Driven by labor shortages, Japan is pushing physical AI from pilot projects into real-world deployment.