SpaceX, OpenAI windfall fuels bets on next-wave Asian AI winners
The battle for AI leadership has driven massive expenditures on computing networks by the likes of Meta Platforms Inc. and Amazon.com Inc

The battle for AI leadership has driven massive expenditures on computing networks by the likes of Meta Platforms Inc. and Amazon.com Inc
The hunt is on for companies that could benefit from the tailwinds of an unprecedented wave of stock offerings in the US, and investors are increasingly honing in on the Asian supply chain. Their th…
Originally published by Bloomberg. Read the full article →
More from Tech

Bitcoin Hash Rate Flattens as Miners Face AI Squeeze, Fidelity Report Says
Bitcoin’s network hash rate has stalled and mining difficulty has dropped sharply in 2026, signaling that miners are redirecting power and capital toward artificial intelligence (AI) data center workloads, according to multiple industry reports. A mid-year up…
The News Flicker·May 31, 2026

AP Technology SummaryBrief at 11:41 p.m. EDT
Iran war energy shock drives interest in ethanol and other biofuels across hard-hit Asia
The News Flicker·May 15, 2026
AI coding startup Cursor is hiring for 200 roles in one region
In the next six months, the 800-person company plans to hire 200 employees in four countries, an engineer told Business Insider.
The News Flicker·May 15, 2026