Sources: the US has granted an annual license to Samsung and SK Hynix to ship their chip manufacturing equipment to their facilities in China for 2026 (Hyunjoo Jin/Reuters) https://www.reuters.com/world/china/samsung-wins-us-annual-approval-chipmaking-tool-shipments-china-source-says-2025-12-30/
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Sources: the US has granted an annual license to Samsung and SK Hynix to ship their chip manufacturing equipment to their facilities in China for 2026
By Hyunjoo Jin / Reuters. View the full context on Techmeme.
Sources: Meta is buying Manus for $2B+, after approaching the startup during a fundraising at a $2B valuation; Manus CEO Xiao Hong will report to Javier Olivan (Wall Street Journal) https://www.wsj.com/tech/ai/meta-buys-ai-startup-manus-adding-millions-of-paying-users-f1dc7ef8?st=hE75oB&reflink=desktopwebshare_permalink
Techmeme
Sources: Meta is buying Manus for $2B+; Manus was raising at a $2B valuation when Meta approached it; Manus CEO Xiao Hong will report to Meta COO Javier Olivan
From Wall Street Journal. View the full context on Techmeme.
Meta says Manus, initially based in Beijing and Wuhan, will cut Chinese investor ties after the deal and "will discontinue its services and operations in China" (Nikkei Asia)
Nikkei Asia
Meta to acquire AI startup Manus for at least $2bn
US tech giant says Singapore-based company to cut ties with China after acquisition
Techmeme
Meta says Manus, initially based in Beijing and Wuhan, will cut Chinese investor ties after the deal and “will discontinue its services and operations in China”
From Nikkei Asia. View the full context on Techmeme.
Shares of Shenzhen-based OneRobotics opened flat in their HK debut after the Chinese home robotics maker raised $210M by selling 22M+ shares at about $9.50 each (Nikkei Asia)
Nikkei Asia
Amazon robot supplier eyes growth in Japan, Europe as US sales slow
OneRobotics raises $210mn in Hong Kong IPO to expand global market presence
Techmeme
Shenzhen-based OneRobotics opened flat in its Hong Kong debut after the Chinese home robotics maker raised $210M by selling 22M+ shares at about $9.50 each
From Nikkei Asia. View the full context on Techmeme.
Shares of Insilico rose 45% in their Hong Kong trading debut after the AI drug discovery startup raised $293M in an IPO; Insilico reported $85M+ in 2024 revenue (Bloomberg)
Bloomberg.com
AI Drug Firm Insilico Debuts in Hong Kong After $293 Million IPO
Artificial Intelligence drug discovery startup Insilico Medicine Cayman TopCo jumped 25% in its Hong Kong trading debut on Tuesday, capping a year ...
Techmeme
AI drug discovery startup Insilico rose 45% in its Hong Kong trading debut after raising $293M in an IPO; Insilico reported $85M+ in 2024 revenue
From Bloomberg. View the full context on Techmeme.
Samsung, up 125%, and SK Hynix, up 268%, accounted for nearly half of the 76% gain in South Korea's Kospi, the world's best-performing major stock index in 2025 (Youkyung Lee/Bloomberg)
Bloomberg.com
AI, Defense and Chip Stocks Fuel Korea’s Record-Breaking Year
South Korea’s stock market renaissance in 2025 was one for the history books. Buoyed by world-beating gains in arms exporters to eye-popping surg...
Techmeme
Samsung, up 125%, and SK Hynix, up 268%, accounted for nearly half of the 76% gain in South Korea
By Youkyung Lee / Bloomberg. View the full context on Techmeme.
Driven by the AI boom, chipmakers posted $400B+ in sales in 2025; FactSet projects revenue for Nvidia, Intel, Broadcom, AMD, and Qualcomm to reach $538B in 2026 (Wall Street Journal) https://www.wsj.com/tech/ai/after-a-year-of-blistering-growth-ai-chip-makers-get-ready-for-bigger-2026-d9f62dbd?st=RVHQU9&reflink=desktopwebshare_permalink
Techmeme
Driven by the AI boom, chipmakers posted $400B+ in sales in 2025; FactSet projects revenue for Nvidia, Intel, Broadcom, AMD, and Qualcomm to reach $538B in 2026
From Wall Street Journal. View the full context on Techmeme.
Meta says it will continue to operate and sell the Manus service, and Manus' talent will join Meta to deliver agents across Meta products, including Meta AI (Meta)
Meta for Business
Manus Joins Meta: Accelerating AI Innovation for Businesses
We are excited to announce that Manus is joining Meta to bring a leading agent to billions of people and unlock opportunities for businesses across...
Techmeme
Meta says it will continue to operate and sell the Manus service, and Manus
From Meta. View the full context on Techmeme.
UK-based Octopus Energy reaches a deal to sell about $1B of equity in Kraken Technologies, its tech spin-off, at an $8.65B valuation to a syndicate of investors (Financial Times)
Client Challenge
Techmeme
UK-based Octopus Energy reaches a deal to sell about $1B of equity in Kraken Technologies, its tech spin-off, at an $8.65B valuation to a syndicate of investors
From Financial Times. View the full context on Techmeme.
Meta has agreed to acquire AI startup Manus; the Singapore-based startup said in December that its annual revenue run rate is over $125M (Kurt Wagner/Bloomberg) https://www.bloomberg.com/news/articles/2025-12-29/meta-acquires-startup-manus-to-bolster-ai-business
Techmeme
Meta agrees to acquire Singapore-based startup Manus, which makes an AI agent for SMBs; Manus said earlier in December its annual revenue run rate was $125M+
From Bloomberg. View the full context on Techmeme.