Tech Flash

AI startup AMI Lab (Advanced Machine Intelligence) founded by Yann LeCun completes $1.03 billion funding round, led by five investment funds with participation from Toyota, NVIDIA, and Samsung. This is one of the largest AI funding rounds recently.

NVIDIA announces $2 billion investment in AI cloud computing company Nebius, strengthening strategic cooperation. Nebius is an AI cloud service provider formerly part of Yandex, headquartered in Amsterdam. This investment will help NVIDIA further expand AI infrastructure布局.

Broadcom Q4 earnings show AI chip revenue up 106% YoY, driving 29% revenue growth. Company expects Q1 2026 revenue midpoint of $22 billion, exceeding market expectations.

According to PwC's latest global CEO survey, 44% of tech CEOs say AI is already contributing to revenue growth, far above the 29% average across the broader global economy. Tech industry confident in AI-driven growth.

Apple releases new iPhone 17e with 4-core GPU and neural accelerators, supporting hardware ray tracing, enabling AAA gaming on mobile devices.

Oracle reports Q3 earnings with cloud revenue up 44% to $8.9 billion, infrastructure revenue up 84%. Company expects AI demand to continue through at least 2027, sending stock up 10%.

Google will develop an AI tool for the UK Ministry of Housing, Communities and Local Government to accelerate planning decision-making processes. This tool aims to improve government efficiency and shorten housing project approval times.

Meta announces acquisition of Moltbook, a social networking platform built for AI agents. This move is seen as Meta's significant strategic play in the AI agent space, enabling autonomous AI systems to collaborate and learn from each other.

Saudi Arabia's Cabinet approved designating 2026 as the "Year of Artificial Intelligence." This decision is significant as the Kingdom accelerates investments and initiatives to become a global AI hub, seeking to diversify its economy away from oil dependency.

Samsung Electronics' foundry will mass-produce Tesla AI chips at its Taylor fab in Texas, starting in 2027. Samsung Electro-Mechanics will supply the required FC-BGA packaging substrates, driving performance growth.