Biren’s $717M IPO Shows China’s All-In Bet on AI Chips
Chinese AI chip designer Biren Technology has raised $717 million in a hot Hong Kong IPO. The listing comes as Beijing pours billions into homegrown tech to counter US restrictions.
Category: AI
Peter Thiel’s Florida Move Sparks Billionaire Tax Flight Fears
Peter Thiel has officially registered to vote in Florida and is opening a Thiel Capital office in Miami. The move comes just before a key deadline for a proposed California wealth tax, fueling speculation of a broader billionaire migration.
The AI FOMO is Real, and It’s Causing Security Headaches
A new article details how the pressure to adopt AI is leading companies to skip crucial security and legal due diligence. The confusion starts with vendors redefining fundamental security terms, creating dangerous gaps in understanding.
AI in 2025 Was All About Reality Checks, Not Demos
The flashy demos of AI are over. In 2025, the field shifted to hard questions about what works, what breaks, and the real-world costs of scaling. IEEE Spectrum’s top stories highlight this new era of practical, and sometimes problematic, integration.
Nvidia’s AI Talent Grab and OpenAI’s Crazy Pay
Nvidia is in advanced talks to acquire Israeli AI startup AI21 Labs for up to $3 billion, according to reports. This comes amid data showing OpenAI’s stock-based compensation averaged an astonishing ~$1.5 million per employee in 2025.
Goldman Sachs Bets on Private Gas Power for Texas AI Boom
Goldman Sachs is co-leading financing for a massive, off-grid power project in Texas designed specifically for AI data centers. The plan involves building modular natural gas plants to supply up to 5 gigawatts, with the first phase aiming to raise “hundreds of millions.” It’s a direct response to a
AI Agents Are Stuck Simulating Clicks, And It’s Costing Billions
The much-hyped year of the AI agent has arrived, but not as promised. Instead of intelligent automation, agents are stuck simulating human clicks on websites never built for them, creating a massive infrastructure gap.
OpenAI’s $555K Safety Job Is a Revolving Door
Sam Altman is publicly recruiting a new Head of Preparedness for OpenAI, offering a $555,000 base salary plus equity. The role focuses on mitigating risks from rapidly improving AI models, but previous leaders haven’t lasted long in the high-stress position.
Nvidia’s $20B Groq Deal Is a Power Play, Not Just a Purchase
Nvidia just made its largest-ever licensing deal, spending $20 billion on AI chip startup Groq. Analysts see it as a direct move to bolster its position against Google’s competing TPU technology in the critical AI inference market.
The AI Boom’s Energy Crisis: 2025’s Wildest Power Stories
The insatiable power demands of AI data centers defined the global energy agenda in 2025. The scramble led to a surge in next-gen nuclear projects, desperate grid fixes, and even the world’s largest airplane. Here’s what mattered.