Meta plans to cut 20% of its workforce to reduce costs amid profit pressure.
Elon Musk announces plans to build the world's largest wafer fab to meet chip demand in AI and other fields.
Chinese AI video generation startup Aishi completes a $300 million funding round, a record in the sector.
Moonshot AI's Kimi assistant seeks $1 billion funding, with valuation reaching $18 billion.
NVIDIA releases open-source model Nemotron 3 Super, surpassing competitors in throughput.
DeepSeek and Tencent's Hunyuan large models are set for simultaneous release next month.
BYD plans to invest tens of billions in a nationwide ultra-fast charging network to improve user experience.
BMW deploys Figure humanoid robots for logistics tasks at its German factory.
HKEX proposes lowering the IPO confidential application threshold to HK$5 billion.
Silicon Valley tech giants' Middle East AI facilities become targets of Iranian cyberattacks.

