Technology Industry
Figma Prioritises AI Growth Over Profit Margins as Competition Intensifies
Figma is prepared to accept lower profit margins in the short term as it invests in artificial intelligence (AI) tools to attract more...
ASML Says AI Demand Will Outpace Chipmaking Equipment Capacity Through 2028
ASML, the Dutch semiconductor equipment manufacturer, has warned that demand for its chipmaking machines will exceed available supply through 2028 as the artificial...
Tencent Seeks at Least $4.5 Billion Through Dollar and Yuan Bond Sale to Fund Expansion
Chinese technology giant Tencent Holdings is seeking to raise at least $4.5 billion through a four-part bond offering denominated in US dollars and...
OpenAI AI Agents Probed Hugging Face Weeks Before Major July Breach
By Benson Daniel Artificial intelligence agents linked to OpenAI began probing the Hugging Face platform for weaknesses in May, nearly two months before...
Xiaomi Unveils New Xring Chip as It Expands In-House Semiconductor Push
Chinese smartphone maker Xiaomi has unveiled its latest in-house processor, the Xring O3, as the company seeks greater control over its technology supply...
Nvidia’s Potential Perplexity Investment Signals a Bigger Bet on AI Applications
Nvidia appears to be looking beyond its dominant position in AI chips. The semiconductor giant is reportedly discussing an investment in Perplexity, the...
SK Hynix to Pay Majority of 2026 Employee Bonuses in Company Stock
SK Hynix has reached a tentative wage agreement with its South Korean workers that will see employees receive at least 60% of this...
Samsung Reportedly Plans Major $72 Billion Shareholder Return Programme
Samsung Electronics is reportedly preparing to unveil a shareholder return programme worth more than $72 billion, in a move that could rank among...
