Harvey, a leading legal AI company, has acquired Hexus, a startup specializing in technological solutions for the legal sector. The acquisition aims to strengthen Harvey's position in an increasingly competitive market. The Hexus team, led by founder Sakshi Pratap, will join Harvey, bringing new engineering skills and contributing to the company's global expansion with the opening of an office in Bangalore.
The annual World Economic Forum in Davos saw a strong presence of the tech sector, with a particular focus on artificial intelligence. Traditional topics such as climate change and global poverty took a back seat, while CEOs publicly criticized trade policies and issued warnings about the risks of AI.
The World Economic Forum's annual meeting in Davos felt different this year, with AI dominating the conversation. CEOs openly discussed AI implications, overshadowing traditional topics like climate change and global poverty. The event marked a turning point, with AI at the center of the global economic and political debate.
Alibaba is reportedly preparing an IPO for its chip manufacturing arm, T-Head. The primary goal is to raise significant capital to fund the development of AI accelerator solutions and support ambitious infrastructure projects. T-Head would compete with companies like Cambricon and Huawei to capture the domestic accelerator market.
The past week witnessed significant tech funding activity in Europe, with over €2.7 billion distributed across more than 70 deals. Key highlights include the launch of EU Inc at the World Economic Forum in Davos and the announcement of new investment funds focused on robotics and artificial intelligence. Cloover secured over $1.2 billion in funding.
Tesla plans to increase the monthly subscription cost of its Full Self-Driving (FSD) system. CEO Elon Musk stated that the increase will be linked to improvements in the capabilities of the self-driving system. At the same time, it will no longer be possible to purchase the FSD license outright.
Europe aims for digital independence, reducing reliance on US Big Tech. The European Commission promotes open-source solutions and digital infrastructures developed in Europe, respecting local values of privacy and sovereignty. A growing ecosystem of European alternatives spans various sectors, from cloud to artificial intelligence, to marketplaces.
London-based fintech ClearScore, which provides credit score services, has acquired UK mortgage platform Acre Platforms. The move, for an undisclosed amount, marks ClearScore’s first move into mortgages and follows its acquisition of Aro Finance last year.
Intel reports flat revenue for 2025, but shares plummet due to a $300 million loss, despite a massive external investment. Demand is expected to outpace supply until at least 2026.
Intel's shares plummeted 13% following the release of its latest earnings report. Despite improved results compared to previous losses and significant external investments, the company anticipates supply constraints in Q1 2026. While management stabilized the company in 2025, forecasts indicate new challenges ahead.
Kinpo Group anticipates increased profitability by 2026, while accelerating its expansion in artificial intelligence and the transformation of its ODM (Original Design Manufacturing) model. The company aims to consolidate its position in the global market through strategic investments and technological innovation.
Taiwan's automotive industry shows signs of recovery after recent tariff negotiations. A DIGITIMES analysis reveals a 15% improvement, while highlighting the need for further reassurance for sustainable growth in the sector.
Taiwan's technology sector is pressuring the local government to increase the supply of green energy and reduce its costs. Taiwanese tech companies, increasingly focused on sustainability, are calling for a greener energy supply and competitive tariffs to maintain the country's competitiveness.
Agileday, a Finland-based technology company developing an operating platform for professional services, has closed a €6.4 million Series A funding round. The investment, led by Newion, will allow the company to scale its technology platform and accelerate growth across Europe and North America. Agileday’s platform integrates talent management, resource allocation, and financial data, aiming to improve the operational efficiency of companies.
The increasing adoption of artificial intelligence and the expansion of the automotive sector are fueling strong demand for quartz frequency components. These elements are essential in numerous applications, from consumer electronic devices to advanced communication systems, and their role is destined to grow further with technological evolution.
The chairman of Compal celebrated his 50th anniversary with the Kinpo Group. The event takes place during a moment of reflection on the demographic challenges facing Taiwan and the strategies to ensure sustainable long-term growth. The Compal group is a key player in the Taiwanese technology sector.
A new tariff agreement between Taiwan and the United States is expected to significantly boost Taiwan's machine tool industry. The agreement is projected to reshape global market dynamics, fostering growth and expansion in the sector. The deal could lead to new business opportunities and increased competitiveness for Taiwanese companies.
OpenAI is reportedly considering an outcome-based pricing model, potentially applying royalties on customer profits. This strategic shift could drive adoption of local solutions, offering greater control over costs and terms of use.
Taiwanese manufacturer Compal anticipates strong expansion in the AI server market starting in 2026, following a period of revenue decline. The company is investing in new technologies and production capabilities to meet the growing demand for AI solutions, aiming to become a key player in this rapidly evolving sector. A significant increase in demand for high-performance servers for machine learning and deep learning applications is expected.
Lite-On Technology has launched a public bid for U-Media. The operation aims to strengthen Lite-On's position in the artificial intelligence (AI) and 5G sectors, accelerating its growth in these strategic markets. The acquisition of U-Media would allow Lite-On to expand its technological capabilities and product offerings.