Industry Insights

Samsung Invests in South Korean AI Chipmaker Rebellions Ahead of IPO Plans

South Korean AI chip startup Rebellions has received fresh backing from Samsung, further strengthening its efforts to raise between $150 million and $200 million in a new funding round, with ambitions of a future initial public offering (IPO). This move…

Germans Are Finally Adopting Air Conditioning — Even Renters Are Joining In

As Heatwaves Intensify, Germans — Even Renters — Are Turning to Air Conditioning Walking through German neighborhoods today, you’re likely to spot a new feature hanging from windows and sitting on balconies: portable air conditioning units. In a country where…

AI Framework Should Be ‘US Plus China’, Not ‘US Versus China’: Power Dynamics CEO

Jen Zhu Scott, Co-Founder and CEO of Power Dynamics, has called for a collaborative AI development model that unites the United States and China, rather than one that pits the two tech superpowers against each other. Speaking at a recent…

Microsoft Wins FTC Appeal Over Activision Deal

Microsoft has successfully defended its $69 billion acquisition of Activision Blizzard, as a U.S. federal appeals court dismissed the Federal Trade Commission’s (FTC) legal challenge against the blockbuster deal. The 9th U.S. Circuit Court of Appeals, based in San Francisco,…

How Service Robotics is Transforming Industries: Trends and Innovations

Service robotics is revolutionizing industries by integrating artificial intelligence (AI), machine learning, and advanced sensors to perform tasks in non-industrial environments. Unlike traditional industrial robots, service robots assist humans in healthcare, hospitality, logistics, and domestic settings. The global service robotics…

US Stocks Edge Higher as Strong Corporate Earnings Boost Market Sentiment

Wall Street’s major indexes saw modest gains on Thursday as upbeat earnings from leading companies lifted investor confidence. Markets remained cautious amid ongoing trade policy uncertainties under U.S. President Donald Trump. Key Market Movers Stock Market Performance As of 9:52…

Global Trends 2025: Navigating a Year of Transformation, Tension, and Innovation

As 2025 unfolds, three dominant forces are shaping the global landscape: the widespread adoption of Artificial Intelligence (AI), the deepening impact of climate change, and escalating political polarization. These forces are creating new societal dynamics, influencing economies, and redefining cultural…

Kiwi Startup Projectworks Secures A$7.5M in Series A Funding to Accelerate U.S. Expansion

Wellington-based Projectworks, a software startup specializing in professional services automation, has raised A$7.5 million in a Series A funding round led by U.S. investor Bridgewest Group. Existing investors, including New Zealand’s Punakaiki Fund, also supported the round, which values the…

Startup Transforms Mining Waste into Critical Metals for U.S. Energy Transition

Phoenix Tailings, an innovative startup, is tackling a significant challenge in the global energy transition by extracting rare earth metals and other critical materials from mining waste. These metals, including copper, nickel, zinc, and rare earth elements, are essential for…

India to Launch BHASKAR Platform to Boost Startup Ecosystem

The Indian government is set to launch the Bharat Startup Knowledge Access Registry (BHASKAR), an interactive online platform designed to strengthen the country’s rapidly growing startup ecosystem. Union Commerce and Industry Minister Piyush Goyal will inaugurate the platform on Monday,…