A profile of China's CXMT, whose $4.2B IPO goal would rank among the century's biggest chip debuts, as the state-backed company faces US and South Korean curbs (Wall Street Journal) https://www.wsj.com/tech/the-chinese-company-taking-on-the-worlds-memory-chip-giants-78dfea55?st=kSijaZ
Chinese AI executives say China is unlikely to eclipse the US in the AI race anytime soon, citing limited resources and US chip export curbs as key constraints (Bloomberg)
Naver, the largest South Korean buyer of Nvidia chips, is pitching its AI cloud services as an alternative for countries reluctant to use US or Chinese services (Song Jung-a/Financial Times)
Despite projections of memory shortages for PCs and phones, producers like Micron will proceed cautiously in adding new capacity, mindful of past downcycles (Dan Gallagher/Wall Street Journal) https://www.wsj.com/tech/ai-is-causing-a-memory-shortage-why-producers-arent-rushing-to-make-a-lot-more-8dd15194?st=iKovcp&reflink=desktopwebshare_permalink
Qatar and UAE will join the Pax Silica coalition on January 12 and 15, respectively, expanding the US-led effort to secure AI and semiconductor supply chains (Jarrett Renshaw/Reuters) https://www.reuters.com/world/middle-east/qatar-uae-join-us-led-effort-bolster-technology-supply-chain-2026-01-11/
A profile of SpaceX president Gwynne Shotwell, who has worked at the company since 2002, and is known as a customer emissary and Musk translator (Micah Maidenberg/Wall Street Journal) https://www.wsj.com/business/gwynne-shotwell-spacex-5a2a0755?st=Bar35t&reflink=desktopwebshare_permalink
Anthropic announces Claude for Healthcare to offer HIPAA-ready tools for providers, insurers, and consumers, and expands its life sciences offerings (Eugene Kim/Business Insider)
ATG, which is developing the AI-powered wealth strategist app Autonomous, emerges from stealth and raises a $15M pre-seed led by Y Combinator CEO Garry Tan (Geoff Weiss/Business Insider)
Tucuvi, which develops AI agents that check in with patients and escalate cases to human teams when needed, raised a $20M Series A, led by Cathay and Leadwind (John Reynolds/Tech.eu) https://tech.eu/2026/01/08/clinical-voice-ai-startup-tucuvi-raises-20m/
Instagram says there was no breach and it fixed an issue that let an external party send password reset emails, after reports that 17.5M users' data was exposed (Terrence O'Brien/The Verge)