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Follow updates sorted by the date they surfaced.

06 Jan 2026

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

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

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

Brookfield Asset Management to launch cloud business targeting lower cost AI infrastructure

Brookfield Asset Management, one of the world's largest alternative investment firms, is planning to launch a cloud computing business called Radiant that will lease AI chips directly to customers. The move is tied to a $100 billion AI infrastructure program and could challenge AWS and Microsoft Azure by leveraging Brookfield's energy sector investments to control the AI value chain.

2 Sources

31 Dec 2025

ByteDance plans $14 billion Nvidia AI GPU purchase as Trump eases chip export controls to China

ByteDance, TikTok's parent company, is set to spend $14 billion on Nvidia H200 AI GPUs in 2026, marking a significant jump from $12 billion in 2025. The massive investment hinges on Beijing's approval following the Trump administration's decision to ease export restrictions on Hopper-based chips to China, even as the company develops its own custom silicon.

2 Sources

30 Dec 2025

Satya Nadella enters founder mode as Microsoft races to maintain AI dominance amid rising competition

Microsoft CEO Satya Nadella has shifted to a hands-on 'founder mode' leadership style, overhauling senior leadership and demanding urgency from executives as the company faces intensifying AI competition from Google and Amazon. With Copilot at 150 million users versus OpenAI's 800 million, Nadella is restructuring to accelerate progress on AI models and tools following changes to the OpenAI partnership.

3 Sources

Applied Digital spins off cloud unit to form ChronoScale as Ekso Bionics stock surges 54%

Applied Digital announced plans to merge its cloud computing arm with Ekso Bionics to create ChronoScale Corporation, a dedicated platform for AI compute infrastructure. The business combination sent Ekso Bionics stock soaring 54% in premarket trading as investors reacted to the strategic separation that will allow both entities to scale independently in the high-demand GPU market.

2 Sources

Octopus Energy spins off AI unit Kraken Technologies at $8.65 billion, eyeing public listing

British renewable energy company Octopus Energy is spinning off its AI technology unit Kraken Technologies as a standalone entity valued at $8.65 billion. The separation follows a $1 billion funding round led by D1 Capital Partners and sets the stage for a potential public listing by mid-2026, with London and the US being considered as possible listing locations.

4 Sources

Meta acquires Manus for $2 billion, adding revenue-generating AI agents to its platforms

Meta has closed a $2 billion deal to acquire Manus, a Singapore-based Chinese AI startup that went viral for its general-purpose AI agent capabilities. The acquisition brings Meta a rare asset: an AI product already generating $100 million in annual recurring revenue. However, the deal faces scrutiny over Manus's Chinese origins and potential national security implications.

42 Sources

29 Dec 2025

Nvidia's $5 billion Intel investment already gains $2.5B as AI chip partnership takes shape

Nvidia completed its $5 billion investment in Intel, purchasing 214 million shares at $23.28 each. With Intel stock now trading at $36.68, Nvidia's stake has surged to $7.58 billion. The partnership will jointly develop next-generation chips for data centers and PCs, integrating Nvidia GPUs with Intel CPUs via high-speed NVLink technology.

3 Sources

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