China to triple ai chip production by 2026

China to triple ai chip production by 2026

According to the Financial Times, China is preparing to triple its AI chip production capacity by 2026. The move is part of Beijing’s strategy to reduce its reliance on the United States—particularly on Nvidia—and to achieve greater self-sufficiency in semiconductor technology. A central role in this plan belongs to Huawei, which aims to launch a dedicated AI chip manufacturing facility by the end of 2025. Two additional plants are expected to come online in 2026. While these factories will produce chips primarily for Huawei, the company is not expected to own or directly operate them. The combined output of these...

Framer secures $100M series D, valuation hits $2 billion

Framer secures $100M series D, valuation hits $2 billion

Framer, the no-code website building platform, has raised $100 million in its Series D funding round. The investment, led by existing backers Meritech and Atomico, has boosted the company’s valuation to $2 billion. With over 500,000 monthly users, Framer allows anyone to design and manage professional-grade websites without technical expertise, thanks to its intuitive drag-and-drop and visual-first tools. The platform serves not only individual creators but also major enterprise clients such as Mira, Perplexity, and Scale AI. Framer co-founder and CEO Koen Bok outlined the company’s next priorities: “With this investment, we’re doubling down on enterprise growth and AI-driven solutions....

OpenAI launches gpt-realtime: A breakthrough in voice ai

OpenAI launches gpt-realtime: A breakthrough in voice ai

OpenAI has unveiled its new gpt-realtime model, marking the beginning of a new era in voice AI. Announced during a live broadcast on Thursday, the model is described as the company’s most advanced speech-to-speech system to date. What sets gpt-realtime apart is its ability to deliver speech that closely resembles the human voice—capturing tone, emotion, and natural pacing. The result is a far more realistic and human-like interaction. Key capabilities of the model include improved handling of complex instructions, precise execution of utility tasks such as ride-hailing, verbatim reading in call center scenarios, and seamless language switching during conversation. Alongside...

U.S. government buys 10% stake in Intel for $8.9 billion

U.S. government buys 10% stake in Intel for $8.9 billion

The U.S. government has announced a $8.9 billion investment in Intel, acquiring a 10% stake in the chipmaker. President Donald Trump and Commerce Secretary Howard Lutnick revealed the deal, which stands out as one of the largest commercial agreements Washington has struck with an American corporation since the 2008 auto industry bailouts. The investment was reportedly made at a premium price. Speaking at a press conference, Trump described the deal as “a tremendous opportunity for both America and Intel.” He added that the decision came after his recent meeting with Intel CEO Lip-Bu Tan. Intel clarified that the government will...

Klarna revives U.S. IPO plans with $14 billion target valuation

Klarna revives U.S. IPO plans with $14 billion target valuation

Swedish fintech company Klarna is preparing to revive its plans for an initial public offering (IPO) in the United States next month. According to sources close to the matter, the company’s valuation is expected to fall within the range of 13 to 14 billion dollars. Klarna has previously considered going public but postponed its plans at different times. In 2021, the company abandoned its IPO plans, and in April this year, it once again shelved the process due to the market uncertainty triggered by the comprehensive tariff measures announced by then-U.S. President Donald Trump. Under the renewed plan, Klarna’s share...