Chinese start-up Moonshot AI has added at least USD 700 million to its funding, aiming for a valuation of up to USD 12 billion. The company is known for its powerful Kimi artificial intelligence models.

Global electric vehicle registrations decreased 3% in January, according to data from consultancy Benchmark Mineral Intelligence. This decline was attributed to a new purchase tax and reduced electric vehicle subsidies in China, alongside policy adjustments in the United States.

Alphabet sold a rare 100-year bond as part of a USD 31.51 billion global bond raise. The financing will support artificial intelligence-driven spending, which has spurred significant borrowing among U.S. technology companies.

Reddit forecasts first-quarter revenue above analysts' estimates, driven by artificial intelligence-powered enhancements to its ad platform attracting more marketers. The company's shares rose 4% after-hours following Reddit's announcement of its inaugural share repurchase plan, valued at up to USD 1 billion.

Amazon projects an increase of more than 50% in capital expenditures this year, joining other major technology companies in a spending drive to build artificial-intelligence infrastructure. The forecast sent its shares down 9% in after-hours trading.

Taiwan Semiconductor Manufacturing Company, TSMC, intends to mass-produce advanced 3-nanometre chips in Kumamoto, southern Japan. This strategic initiative involves an investment totalling USD 17 billion.

Mainland memory chip and storage solution suppliers are pursuing share listings in Hong Kong, signalling a strategic shift to fuel their global ambitions, according to analysts. Shanghai-based Montage Technology is a prominent example, poised for its Hong Kong stock exchange debut on Monday. Credit: UNSPLASH Montage Technology, a designer of high-speed interconnect chips for data centres, is currently taking orders from institutional investors. The company is set to debut on

NXP Semiconductors projects first-quarter revenue above analysts' estimates, anticipating a robust automotive market and consistent industrial demand. This outlook suggests a potential bottom for the industrial market.