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06 Jan 2026

Mobileye acquires Mentee Robotics for $900M, pushing into humanoid robots and Physical AI

Intel subsidiary Mobileye announced a $900 million acquisition of Mentee Robotics at CES, marking its bold entry into humanoid robotics. Co-founder Amnon Shashua calls this Mobileye 3.0, combining automotive autonomy expertise with breakthrough robotics technology. The deal aims to deploy general-purpose humanoid robots in factories and fulfillment centers by 2026.

12 Sources

Sandisk Stock Rockets 22% as AI Memory Boom Fuels 830% Rally and Price Surge

Sandisk stock soared 22% to $334.75, extending an 830% rally since its February 2025 spin-off. Memory prices are projected to jump 40-70% in Q1 2026 as AI-driven demand for enterprise SSDs and NAND flash storage outpaces supply. Nvidia's new storage platform for agentic AI inference adds fuel to the memory supercycle.

2 Sources

ChatGPT Traffic Drops 22% as Gemini Gains Ground in Escalating AI Competition

OpenAI faces mounting pressure as ChatGPT's daily visits plummet from 203 million to 158 million over six weeks, while Google's Gemini maintains stable traffic. The shift prompted Sam Altman to declare a code red, pausing non-ChatGPT projects as Google leverages its distribution network across Search, Android, and Workspace to close the gap in the consumer AI market.

5 Sources

Marvell Technology acquires XConn Technologies for $540M to strengthen AI infrastructure play

Marvell Technology announced a $540 million acquisition of networking equipment firm XConn Technologies to expand its switching capabilities for AI data centers. The deal adds critical interconnect switching technologies and engineering talent as Marvell works to compete with Nvidia and Broadcom in the AI infrastructure market. Combined with its pending $5.5 billion Celestial AI acquisition, Marvell aims to deliver more compelling connectivity solutions for scaling AI workloads.

3 Sources

Accenture acquires Faculty, positioning itself as direct competitor to Palantir in AI market

Accenture is acquiring UK-based AI firm Faculty in a move that positions the consulting giant as a direct competitor to Palantir. The deal brings over 400 AI specialists to Accenture's payroll, with Faculty CEO Marc Warner stepping in as Accenture's new chief technology officer. The acquisition signals a shift in the AI consulting market as traditional consultancies challenge specialized AI platforms.

4 Sources

AI Demand Triggers Global Memory Shortage as RAM Prices Surge Up to 70% in 2026

An unprecedented memory chip shortage is reshaping the tech industry as Samsung, SK Hynix, and Micron prioritize AI data centers over consumer devices. DRAM prices are jumping 50-70% in Q1 2026 alone, driving record profits for memory makers while PC manufacturers and consumers face sharp price increases. The shift from consumer to AI-focused production could permanently alter the memory market landscape.

19 Sources

05 Jan 2026

Palo Alto Networks explores $400M acquisition of Koi Security amid AI-driven buying spree

Palo Alto Networks is reportedly considering a $400 million purchase of Israeli cybersecurity startup Koi Security, which specializes in endpoint software security. The potential deal follows CEO Nikesh Arora's recent visit to Tel Aviv and would mark the fourth acquisition in the company's aggressive M&A strategy focused on building a unified cybersecurity platform for the AI era.

2 Sources

Foxconn Q4 revenue hits record $82.73 billion as AI demand drives 22% surge past expectations

Taiwan's Foxconn, the world's largest contract electronics maker, reported record-breaking Q4 revenue of $82.73 billion, up 22% year-over-year, smashing analyst expectations. The revenue surge was fueled by booming AI demand, particularly in cloud and networking products. As a key supplier for Nvidia and Apple, the results signal robust AI infrastructure spending.

5 Sources

Jensen Huang heads to Taiwan to launch Nvidia headquarters and host trillion-dollar dinner

Nvidia CEO Jensen Huang is visiting Taiwan this month to formally sign construction plans for the company's first global headquarters outside the US. The visit includes hosting the iconic 'trillion-dollar dinner' with key supply chain partners including TSMC, Foxconn, and Quanta as surging demand for AI chips intensifies pressure on the semiconductor ecosystem.

2 Sources

02 Jan 2026

Investors warn AI bubble poses major economic risk as inflation fears and unsustainable spending mount

Global investors are sounding alarms about an AI bubble threatening markets in 2026, as massive investments in artificial intelligence drive inflation concerns. With $400 billion spent in 2025 and data center costs spiraling, money managers question whether AI's inflated valuations can sustain themselves amid rising chip and energy costs.

6 Sources

Big Tree Cloud stock jumps 7.27% as company expands into artificial intelligence business lines

Big Tree Cloud Holdings shares surged Friday after the company announced a major push into artificial intelligence, appointing Xiaoxuan Zhu as Co-Chief Executive Officer and bringing in AI talent from Alibaba and JD.com. The NASDAQ-listed firm also signed a strategic cooperation agreement with a top-ranked Kaggle AI expert to support its transformation.

2 Sources

European banks plan to eliminate 200,000 jobs by 2030 as AI transforms the industry

A Morgan Stanley analysis reveals that over 200,000 European banking jobs could vanish by 2030 as financial institutions embrace AI and close physical branches. The cuts represent roughly 10% of the workforce at 35 major banks, with back-office operations, risk management, and compliance roles facing the greatest threat as lenders chase 30% efficiency gains.

5 Sources

Zhipu AI becomes first China AI tiger to go public, vows to export brutal price war globally

Beijing-based Zhipu AI raised $558 million in its Hong Kong IPO, becoming the first major Chinese generative AI startup to go public. Despite reporting just $27 million in sales and deepening losses, the company's co-founder predicts US AI developers will face the same price-based competition that has forced Chinese firms to forgo profits, with Zhipu charging one-seventh the cost of rivals like Anthropic.

10 Sources

Baidu files for Kunlunxin spin-off in Hong Kong as China's AI chip race intensifies

Baidu has confidentially filed for a Hong Kong listing of Kunlunxin, its AI chip unit valued at $3 billion. The move comes as Chinese chipmakers race to secure funding amid Beijing's push for semiconductor self-sufficiency and escalating U.S.-China tech tensions. Kunlunxin designs powerful AI accelerators essential for data centers, positioning itself alongside Huawei and Cambricon as China seeks alternatives to Nvidia chips.

9 Sources

01 Jan 2026

Tesla sales plunge 10% as self-driving ambitions fail to materialize in 2025

Tesla delivered 1.6 million vehicles in 2025, marking a nearly 10% decline from 2023 and losing its EV sales crown to BYD. Despite stock prices hitting all-time highs fueled by Elon Musk's autonomous vehicle promises, the company's Robotaxi service remains limited to Austin and San Francisco with safety drivers still required. The gap between Musk's predictions and reality raises questions about investor confidence.

3 Sources

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