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King Charles III hosts tech leaders, including Jensen Huang, Demis Hassabis, and OpenAI CFO Sarah Friar, to discuss AI risks; Huang calls for AI safety tests (Bloomberg)

Bloomberg : King Charles III hosts tech leaders, including Jensen Huang, Demis Hassabis, and OpenAI CFO Sarah Friar, to discuss AI risks;...

31 August 2026

Nvidia plans to invest $3.5B into MediaTek through convertible bonds; MediaTek forecasts AI chip revenue of about $2B this year (Bloomberg)

Bloomberg:
Nvidia plans to invest $3.5B into MediaTek through convertible bonds; MediaTek forecasts AI chip revenue of about $2B this year  —  Nvidia Corp. is investing $3.5 billion into MediaTek Inc., deepening collaboration with the Taiwanese chipmaker at a time when it's working to persuade …

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A Chinese court froze up to $300M of assets held by Dutch chipmaker Nexperia, giving its Chinese parent company Wingtech leverage in its bid to regain control (Eduardo Baptista/Reuters)

Eduardo Baptista / Reuters:
A Chinese court froze up to $300M of assets held by Dutch chipmaker Nexperia, giving its Chinese parent company Wingtech leverage in its bid to regain control  —  A Chinese court has frozen up to 2.14 billion yuan ($300 million) of assets held by Dutch chipmaker Nexperia and its equipment arm …

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Filing: Tencent-backed AI chipmaker Enflame prices its Shanghai IPO at ~$21 per share, aiming to sell 43M shares and raise ~$911M (Bloomberg)

Bloomberg:
Filing: Tencent-backed AI chipmaker Enflame prices its Shanghai IPO at ~$21 per share, aiming to sell 43M shares and raise ~$911M  —  Shanghai Enflame Technology Co., backed by Tencent Holdings Ltd., is seeking to raise about 6.12 billion yuan ($911 million) in an initial public offering …

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Huawei reports H1 2026 revenue up 10% YoY to ~$69.57B, with net income down 36% to $3.54B; it is now the top smartphone brand in China with a 20%+ market share (Bloomberg)

Bloomberg:
Huawei reports H1 2026 revenue up 10% YoY to ~$69.57B, with net income down 36% to $3.54B; it is now the top smartphone brand in China with a 20%+ market share  —  Huawei Technologies Co. posted a deep profit decline after the Chinese tech champion grappled with rising memory costs and poured more resources into semiconductor research.

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Z.ai reports H1 2026 revenue up 400% to ~$142M, below its $200M projection; Z.ai's market value surged 800% since its January listing, peaking at $137B (Bloomberg)

Bloomberg:
Z.ai reports H1 2026 revenue up 400% to ~$142M, below its $200M projection; Z.ai's market value surged 800% since its January listing, peaking at $137B  —  Z.AI Co.'s revenue missed estimates, underscoring the challenge it faces shipping near-frontier artificial intelligence models and competing …

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