Startup

China launches $138 billion fund to accelerate innovation in AI, chips and quantum tech

China is launching a 1 trillion yuan ($138 billion) government-backed fund to support its rapidly advancing technology sector.

Archer raises $430 million and teams up with Anduril to develop hybrid VTOL aircraft for defense

Archer Aviation, a cutting-edge aviation startup, secured $430 million to develop a hybrid vertical take-off and landing (VTOL) aircraft for critical defense applications

IAEA and partners launch contest for startups to combat climate crisis using AI

UN organizations have joined forces to announce a ground-breaking initiative, the "AI for Good Contest for Startups" aimed at harnessing the potential of AI to combat climate change's impact on food security and sustainable water resources.
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Latest News

Samsung secures more than $200 billion Broadcom AI chip deal through 2030

Samsung Electronics has signed a memorandum of understanding (MOU) with U.S. chip designer Broadcom to expand their strategic partnership, with the collaboration expected to exceed $200 billion through 2030.
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