Novartis Acquires UK Biotech Myricx for Up to $1.5 Billion
The Swiss pharma giant is paying $1.1 billion upfront for a pre-clinical firm betting on a fresh w...
Nvidia's Kyber AI Rack Delayed to 2028: A Circuit Board Conundrum
Nvidia’s Kyber AI rack, initially planned for 2027, has faced a significant delay until 2028...
China's Biren Raises $892M to Build GPUs That Can Take on Nvidia at Home
Shanghai Biren Technology is selling HK$7 billion (about $892.5 million) of new share...
Solstice and Element Solutions Weigh a $27bn Merger of Materials Makers
A newly independent Honeywell spinoff is reportedly in talks to combine with a special...
Tech Billionaires Pour $120M into Fighting California’s Wealth Tax
Tech billionaires have poured over $120 million into fighting California's Proposition 40, ...
Alibaba Wins Temporary Reprieve from US Lobbying Ban
A federal judge has ordered the Pentagon to grant Alibaba temporary relief from a law that led to the los...
Minions & Monsters Wins July 4 Box Office with Franchise-Low $64M Debut
Universal’s yellow money machine still topped the holiday weekend, but the softest...
AI-native startups hire fewer juniors and more elites, Harvard study finds
New research shows the firms built around AI are smaller, flatter, and stacked with...
South Korea Plans 'Future Response Fund' from Chip Tax Windfall
South Korea is set to establish a "future response fund" funded by the record prof...