Startup news
First reported in Chinese
Ubisoft announces shutdown of Rainbow Six mobile game in January 2027
Ubisoft announced that their mobile game, Rainbow Six, will cease operations in January 2027, less than a year...
Company Valuation Reaches 7.5 Billion USD Following Funding Round
The artificial intelligence model 'Jev,' developed by TypesafeAI, has achieved a company valuation of 7.5...
Kunwei Technology Raises 400 Million Yuan in Funding, Aims to Become the 'NVIDIA' of Brain Science
Kunwei Technology, a Shenzhen-based company, has successfully completed a new round of funding totaling 400...
DeepSeek Seeks Funding Exceeding 80 Billion CNY
DeepSeek is pursuing a new round of financing intended to raise more than 80,000,000,000 CNY. Reuters reported...
Mobile phone manufacturer aims to raise 3,360,000,000 CNY in Hong Kong IPO
A mobile phone manufacturer that holds a dominant position in the African smartphone market is seeking to...
Groq faces lawsuit over $20 billion NVIDIA transaction
On October 6, 2026, Groq was sued in the U.S. Delaware Chancery Court, accused of sacrificing minority...
Schneider Electric acquires industrial software company PTC for $22.6 billion
Schneider Electric has acquired PTC, an industrial software producer in the United States, for a total...
Schneider Electric acquired PTC for $22.6 billion to expand AI business
French company Schneider Electric completed a deal to purchase American software developer PTC. The equity...
Schneider Electric to Acquire PTC for 22.6 Billion USD
Schneider Electric announced it will acquire PTC for 22.6 billion USD in cash, expanding its industrial...
A major scenic area in a province is set to launch an IPO with a fundraising target of 2.1 billion CNY.
A significant launch is anticipated as a prominent scenic area in a province aims to raise 2.1 billion CNY...
AMD Acquires World Labs to Accelerate Spatial AI
AMD announced the acquisition of World Labs, a startup founded by former Google AI chief Fei-Fei Li, for...
Paramount and WBD merger finalized with new name 'Skydance' set to launch on October 6
The merger between Paramount Skydance and Warner Bros. Discovery (WBD) has received final court approval....
Disney denies acquisition of Epic Games, emphasizes strong partnership
On October 3, 2026, Dana Walden, the president and chief creative officer of Disney, stated that there are...
onsemi adjusts acquisition price for Synaptics to 5.7 billion USD
onsemi announced on October 1 that it has reached an agreement to revise the merger agreement with Synaptics...
California Attorney General Issues Subpoena to OpenAI Over AI Cybersecurity Risks
On October 2, 2026, the office of California Attorney General Rob Bonta announced that Bonta has issued a...
California Passes New Law: Robotaxis That Hinder Emergency Services Will Face Fines
On October 2, 2026, California Governor Gavin Newsom signed Senate Bill 1246, which mandates that robotaxis...
OpenAI Unveils Always-On Dots Agents and GPT-6.1 Sol Model at DevDay 2026
OpenAI introduced a new suite of artificial intelligence agents named Dots and a cost-effective language model...
UK Court Revives Apple and Amazon Antitrust Suit Over Third-Party Sales Restrictions
The UK Competition Appeal Tribunal has decided to resume the trial of an antitrust class action lawsuit...
AMD acquires AI startup World Labs for approximately $8.2 billion
AMD announced on September 28, 2026, that it has reached a final agreement to acquire World Labs, an AI...
AMD to Acquire World Labs for $8.2 Billion in All-Stock Deal
Advanced Micro Devices has agreed to acquire World Labs in an all-stock transaction valued at approximately...