How Manus distanced itself from its Chinese roots to court US investors; a source says Meta's $2.5B deal includes a $500M retention pool for Manus' employees (Wall Street Journal) https://www.wsj.com/tech/ai/how-metas-newest-acquisition-target-got-around-worries-over-its-ties-to-china-de2d24b6?st=tJxQot&reflink=desktopwebshare_permalink
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How Manus distanced itself from its Chinese roots to court US investors; a source says Meta
From Wall Street Journal. View the full context on Techmeme.
Japanese NAND flash memory maker Kioxia is up 500%+ in 2025 so far, outperforming all other MSCI World Index members, after its Tokyo IPO debut in December 2024 (Alice French/Bloomberg)
Bloomberg.com
AI Memory Demand Propels Kioxia to World’s Best-Performing Stock
Artificial intelligence’s insatiable appetite for data storage has delivered Japanese memory chipmaker Kioxia Holdings Corp. world-beating stock ...
Techmeme
Japanese NAND flash memory maker Kioxia is up 500%+ in 2025 so far, outperforming all other MSCI World Index members, after its Tokyo IPO debut in December 2024
By Alice French / Bloomberg. View the full context on Techmeme.
Filing: Chinese chipmaker GigaDevice aims to raise up to ~$600M in a Hong Kong IPO, offering 28.9M shares at up to ~$21 each (Nichiket Sunil/Reuters) https://www.reuters.com/world/asia-pacific/china-based-gigadevice-semiconductor-looks-raise-over-600-million-hk-ipo-2025-12-30/
Techmeme
Filing: Chinese chipmaker GigaDevice aims to raise up to ~$600M in a Hong Kong IPO, offering 28.9M shares at up to ~$21 each
By Nichiket Sunil / Reuters. View the full context on Techmeme.
Kalshi and Polymarket have partnered with social media accounts purporting to be breaking news reporters, some of which have repeatedly posted false information (Jordy Fee-Platt/The Athletic)
The Athletic
Kalshi, Polymarket are partnering with X accounts claiming to be sports insiders
As Polymarket and Kalshi continue to grow in popularity, they have worked with social media accounts claiming to be breaking news reporters.
Techmeme
Kalshi and Polymarket have partnered with social media accounts purporting to be breaking news reporters, some of which have repeatedly posted false information
By Jordy Fee-Platt / The Athletic. View the full context on Techmeme.
Sources: ByteDance plans to spend about $14B on Nvidia's AI chips in 2026, an increase of about 18% from 2025 (Wency Chen/South China Morning Post)
South China Morning Post
Exclusive | ByteDance to pour US$14 billion into Nvidia chips in 2026 as AI demand surges
Chinese unicorn’s computing needs have climbed across its portfolio of popular apps, cloud unit Volcano Engine and large language models.
Techmeme
Sources: ByteDance plans to spend about $14B on Nvidia
By Wency Chen / South China Morning Post. View the full context on Techmeme.
SoftBank says it has completed a $22.5B investment in OpenAI, finalizing its up to $40B investment commitment announced in March and taking its stake to ~11% (SoftBank Group Corp.)
SoftBank Group Corp.
Completion of Additional $22.5 Billion Investment in OpenAI | SoftBank Group Corp.
SoftBank Group Corp. today announced that it has completed an additional investment of $22.5 billion in OpenAI on December 26, 2025 (U.S. time) at ...
Techmeme
SoftBank says it has completed a $22.5B investment in OpenAI, finalizing its up to $40B investment commitment announced in March and taking its stake to ~11%
From SoftBank Group Corp.. View the full context on Techmeme.
Filing: Chinese AI startup MiniMax seeks to raise up to ~$538.5M in a Hong Kong IPO, offering 25.4M shares at a price range of ~$19.40 to ~$21.20 per share (Shivangi Lahiri/Reuters) https://www.reuters.com/world/asia-pacific/chinese-ai-firm-minimax-targets-up-539-million-hong-kong-ipo-2025-12-30/
Techmeme
Filing: Chinese AI startup MiniMax seeks to raise up to ~$538.5M in a Hong Kong IPO, offering 25.4M shares at a price range of ~$19.40 to ~$21.20 per share
By Shivangi Lahiri / Reuters. View the full context on Techmeme.
The US Treasury has lifted sanctions on three executives tied to spyware maker Intellexa, reversing a designation imposed by the Biden administration in 2024 (Suzanne Smalley/The Record)
Treasury removes sanctions for three executives tied to spyware maker Intellexa
The Treasury Department has taken three people closely affiliated with the holding company behind Predator spyware off a sanctions list, reversing ...
Techmeme
The US Treasury has lifted sanctions on three executives tied to spyware maker Intellexa, reversing a designation imposed by the Biden administration in 2024
By Suzanne Smalley / The Record. View the full context on Techmeme.
Elon Musk says xAI bought a third building called "MACROHARDRR", reportedly adjacent to Colossus 2, that will take the company's training compute to almost 2GW (Kurt Wagner/Bloomberg)
Bloomberg.com
Musk’s xAI Buys Building to Expand ‘Colossus’ Data Center
Elon Musk’s xAI is planning an expansion of its massive data center complex in Memphis, and has purchased a third building in the area that will ...
Techmeme
Elon Musk says xAI bought a third building called “MACROHARDRR”, reportedly adjacent to Colossus 2, that will take the company
By Kurt Wagner / Bloomberg. View the full context on Techmeme.
A reflection on AI advances in the past decade and how scaling and time-horizon trends might point to far greater capabilities in the decade ahead (Zhengdong Wang)
Zhengdong Wang
2025 letter
Zhengdong Wang’s personal website
Techmeme
A reflection on AI advances in the past decade and how scaling and time-horizon trends might point to far greater capabilities in the decade ahead
From Zhengdong Wang. View the full context on Techmeme.