Dealroom: 76 European deep tech and life sciences companies spun out from universities reached $1B valuations or $100M in revenue in 2025, or both (Anna Heim/TechCrunch)
How the AI data center boom boosted Caterpillar's power and energy unit; generator sales are up 28% YoY through Sept. 2025, after growing 22% to $7.8B in 2024 (Bob Tita/Wall Street Journal) https://www.wsj.com/business/caterpillar-generator-sales-ai-cat-stock-f5aa26a5?st=3g47uP
Sources: Nvidia has approached TSMC to ramp up H200 chip production; Chinese companies have placed orders for 2M+ H200 chips for 2026, while Nvidia holds 700K (Reuters) https://www.reuters.com/world/china/nvidia-sounds-out-tsmc-new-h200-chip-order-china-demand-jumps-sources-say-2025-12-31/
Filing: China's top DRAM maker CXMT plans to raise $4.2B in a Shanghai IPO; CXMT held a 4% global share in Q2 2025 and targets HBM production by the end of 2026 (Reuters) https://www.reuters.com/world/asia-pacific/chinas-cxmt-eyes-42-billion-shanghai-listing-fund-dram-expansion-2025-12-31/
Data storage stocks led the S&P 500 in 2025, with SanDisk up 560%+ to become the top performer, followed by Western Digital in second and Seagate in fourth (Carmen Reinicke/Bloomberg)
OpenAI financial data: its stock-based pay averaged ~$1.5M per employee in 2025, ~7x Google pre-IPO and ~34x the average pay of other pre-IPO peers, per Equilar (Wall Street Journal) https://www.wsj.com/tech/ai/openai-is-paying-employees-more-than-any-major-tech-startup-in-history-23472527?st=TtSPxX&reflink=article_copyURL_share
Chinese AI firms are leading a wave of IPOs in Hong Kong, where at least 25 companies debuted in December 2025, the busiest month for deals since November 2019 (Jeanny Yu/Bloomberg)
Filing: Chinese chip designer OmniVision Integrated Circuits seeks to raise up to ~$617M in a Hong Kong IPO; HKEX: Hong Kong IPOs have raised ~$36B in 2025 (Sneha Kumar/Reuters) https://www.reuters.com/world/asia-pacific/china-based-omnivision-integrated-circuits-seeks-raise-up-617-million-hk-listing-2025-12-30/
Sources: bids for GroqCloud, Groq's AI inference platform, are expected to exceed $1B after Nvidia's $20B non-exclusive licensing agreement with Groq (Kate Clark/Wall Street Journal) https://www.wsj.com/business/deals/nvidia-20-billion-groq-deal-9f8d3a5b?st=1YVvfC&reflink=desktopwebshare_permalink
Trump Mobile delays plan to launch its gold-coloured smartphone, initially promised for August 2025, saying the recent US government shutdown delayed deliveries (Michael Acton/Financial Times)