Merger

Elon’s $113B AI-social merger

Good morning, AI enthusiasts. The Musk empire just underwent a serious restructuring — with xAI acquiring social platform X in a $113B deal that officially creates a unified AI-social media powerhouse.With each firms' futures...

U.S. government seeks rescue plan for Intel in worsening financial situation

It has been reported that the U.S. government and lawmakers have been quietly discussing a rescue plan in case Intel's financial situation worsens. Citing sources on the 2nd (local time), Semaphore reported that the relief...

Riot-Sapion merger… “We’ll secure global competitiveness in AI semiconductors”

Artificial intelligence (AI) semiconductor startup Riot (CEO Park Seong-hyun) and SK Telecom (CEO Yoo Young-sang) announced on the twelfth that they're pursuing a merger between Riot and SKT's affiliate Sapion Korea to secure global...

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