The founder of China’s leading AI chipmaker just saw his wealth nearly triple to $21 billion. Cambricon Technologies posted its first-ever half-year profit as revenue exploded over 4,300%. But can this “Nvidia of China” sustain the momentum?
Automotive supplier Mahle is making a strategic $6.8 million investment in New York, relocating its research center from Michigan. The expansion highlights shifting priorities in the auto industry’s supply chain and regional economic development.
A SpaceX Starlink satellite appears to have exploded in orbit, creating new debris. The incident comes as the region of space it occupied is getting dangerously crowded with satellites and junk.