Wistron Corporation's shares fell over 6% after announcing a $1.47 billion global depositary receipt offering to raise funds for raw material purchases. The offering involves 25 million receipts priced at a 5.5% discount, representing about 7.29% of the company's shares. This fundraising supports Wistron's expansion in its AI server business, including new investments in Taiwan and the U.S., where it recently opened a $700 million AI server plant. The company reported strong Q2 revenue and profit, signaling growth amid its strategic investments.
Anthropic reported a massive increase in revenue, reaching $16.3 billion in the first half of 2026 compared to just $1.1 billion in the same period last year. This surge highlights rapid growth and strong demand for its products or services. The dram...
At the 2026 Chery International User Summit, Chery introduced its Super Intelligent Valet Parking (SIVP) system, designed to simplify parking for families. The system uses advanced sensors and AI to enable features like One Tap Departure and One Step...
A new Bitcoin prototype called PISA combines Payjoin and cross-input signature aggregation to reduce transaction size by 16 virtual bytes using a single 64-byte aggregate signature for two inputs. Developed at the Plan ₿ event in Lugano with support ...
A hacker exploited a vulnerability in the Initia blockchain to mint $2.7 million worth of unauthorized cryptocurrency, prompting validators to halt the network to prevent further damage. This incident raises concerns about the network's security and ...
Research director Matt Crosby estimates Bitcoin currently represents about 0.3% of global capital. He suggests that if Bitcoin's share grows to 1%, its price could rise to approximately $275,000 per coin. This valuation model reflects potential marke...
