latest news in companies
Cerebras Signs Major Deal to Power Cloud Startup Gimlet Labs
Sunnyvale, Monday, 28 September 2026.
Cerebras Systems will supply 100 megawatts of AI computing hardware to Gimlet Labs, expanding specialized chip infrastructure to meet surging demand for rapid artificial intelligence inference processing.
China May Allow Tech Giants to Buy New Nvidia Artificial Intelligence Chips
Santa Clara, Monday, 28 September 2026.
China may permit companies like ByteDance to purchase Nvidia’s new RTX Pro 5500 chips, with ByteDance weighing a one-million-unit order to address severe domestic artificial intelligence hardware shortages.
Meta's New Artificial Intelligence Agent Automates Daily Consumer Financial Decisions
Menlo Park, Monday, 28 September 2026.
Meta’s new Muse AI agent threatens corporate recurring revenues by automating tasks like cancelling unused subscriptions—an action consumers are four times more likely to take when explicitly prompted.
Electric Car Maker BYD Boosts Production and Global Reach Amid Changing Market Demand
Shenzhen, Monday, 28 September 2026.
Electric vehicle maker BYD expands global production and factory hiring despite stock fluctuations, leveraging strong international demand and reaching charging infrastructure goals ahead of schedule in late September 2026.
UBS Considers Moving Headquarters Abroad to Avoid Stricter Banking Rules
Zurich, Sunday, 27 September 2026.
Reports reveal UBS is exploring foreign merger options that could relocate its headquarters outside Switzerland, as the banking giant faces potential new capital requirements of up to $42 billion.