Alibaba Plans Hong Kong Spin-Off of Chip Unit T-Head
Hong Kong's exchange will let Alibaba spin off its chip subsidiary T-Head. The company has not said when the listing will happen or how large it will be.
Latest articles
EEOC Counsel Nominee Pressed on Gender Identity Cases
At her Senate confirmation hearing, Catherine Eschbach gave broad answers on gender identity discrimination and was questioned on disparate-impact claims and pregnancy protections.
CoreWeave Lifts 2026 Outlook as Revenue Jumps 168%
CoreWeave beat third-quarter revenue estimates and raised its full-year forecast, while its finance chief said the firm will avoid new unsecured parent-level debt at current yields.
Ex-SignalFire Investor Raises $27.5M for AI Drug Fund
Sahir Raoof closed his first solo venture fund despite a hard market for new managers. Proximal Ventures will back early startups that use AI to speed up pharma services.
Nvidia Hires Wachtell to Lead Probe of CEO Huang
Nvidia's independent directors have brought in a top New York law firm to examine the CEO's relationship with an alleged Chinese spy, as the FBI and Congress also take an interest.
Oura to Buy AI Care Firm Counsel Health for $625M
The smart ring maker will acquire an AI-based primary care company weeks after shelving its IPO, and it reported sharp revenue growth alongside the deal.