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Polymarket targets $21b valuation in $1b funding round
Polymarket is also seeking US regulatory approval to offer margin trading as it tries to attract more institutional investors.
Diya Lal · · 1 min read
OpenAI says ChatGPT ad revenue hits $1b run rate
ChatGPT ads are now available in more than 40 countries and do not influence answers.
Aiko Gao Ishida · · 1 min read
CrowdStrike, Telkom Indonesia sign AI security deal
Telkom plans to standardize its cyber defenses on CrowdStrike’s Falcon platform.
Diya Lal · · 1 min read
Huawei H1 profit drops 36% as costs, R&D spending rise
Huawei’s R&D spending reached 25.9% of revenue as it invested in AI and smart devices.
Minh Le · · 1 min readJakarta court raises Ibrahim Arief 5 years in Chromebook case
Two judges dissented, saying prosecutors failed to prove criminal intent or illicit gains.
Grace Priscilla Teo · · 1 min readShein slides 17% in gray market ahead of HK debut
Shein also revealed a quarterly loss ahead of the deal and warned that tariffs were hurting earnings.
Grace Priscilla Teo · · 1 min readSingapore to invest $173m in fintech over 3 years
MAS said Singapore has more than 1,800 fintech firms that employ close to 10,000 professionals
Grace Priscilla Teo · · 1 min readWhy token prices are the wrong way to judge AI
Factory’s Eno Reyes explains why judging AI by token price is misleading, and why measuring the true cost of finished work matters more.
Gilang Kharisma · · 3 min readChinese AI chipmakers MetaX, Iluvatar swing to profit
MetaX, a Shanghai-listed graphics processing unit (GPU) designer founded in 2020, reported a net profit of 612 million yuan (US$91.1 million).
Naomi Li Gan · · 1 min readYou're up to date! 🙂 Read more articles using our search!