Unastella, a South Korean rocket startup that launched from home, raises $24M
The Seoul-based rocket startup is developing its own launch vehicles and engines.
This chip startup just raised $135M on a bet that AI’s biggest bottleneck isn’t compute — it’s memory
South Korean chip startup Xcena is betting that AI’s real bottleneck is not compute, but memory.
China is increasingly keeping its best AI talent to itself
China’s AI boom is producing world-class talent, and Beijing is increasingly reluctant to let them go elsewhere.
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.