SK Hynix plans to raise up to USD 29.4 billion through a United States stock market listing. The South Korean memory chipmaker aims to capitalise on strong investor appetite for artificial intelligence (AI) stocks. Credit: SK Hynix This potential listing would be among the biggest globally. If completed at the top end, it would be the second-largest share sale after SpaceX's record USD 85.7 billion initial public offering, surpassing Saudi Aramco’s USD 25.6 billion IPO in 201

Agility Robotics, a leading humanoid robot maker, plans to go public via a USD 2.5 billion special purpose acquisition vehicle. This move is expected to deliver more than USD 620 million in gross proceeds, funding product development, expansion, and research and development. The company also announced its fifth-generation Digit, a humanoid robot for which it has secured more than USD 300 million of multi-year orders, subject to the realization of certain contractual milestone

ByteDance's Volcano Engine has announced its latest artificial intelligence (AI) model lineup at the FORCE conference, featuring the Doubao 2.1 Pro model. The company states Doubao 2.1 Pro has crossed the "production-level capability threshold." Credit: BYTEDANCE The Doubao 2.1 Pro model shows significant advancements across coding, agent capabilities, and visual language understanding. It achieved top-tier results in benchmark evaluations for code generation on Terminal Benc