Japan’s Chip Chemical Makers Hit by China Anti-Dumping Probe
China is launching an anti-dumping investigation into imports of dichlorosilane from Japan. The move sent shares of major Japanese chemical producers lower in early trading on January 8.
Category: Business
OpenAI’s new ChatGPT Health is a big, risky bet on AI doctors
OpenAI is launching a dedicated ChatGPT Health product, responding to over 230 million weekly health questions. It promises data siloing and app integrations, but the core AI still hallucinates. This is a massive move into a deeply regulated, high-stakes arena.
Lux Capital raises a massive $1.5 billion for defense and AI bets
Lux Capital has secured $1.5 billion for its ninth fund, the largest in the firm’s 25-year history. The raise comes despite a broader slump in new VC fund formation, highlighting investor confidence in Lux’s frontier tech thesis.
Nestlé’s CIO Says AI’s Real Value Isn’t Just Efficiency
Nestlé’s global CIO, Chris Wright, argues the company’s AI focus is on growth and better decision-making, not just efficiency. With a centralized data foundation, pilots in pricing and sales are scaling from Brazil to the Philippines. But AI is still a factor in broader cost-cutting that includes la
JPMorgan Dumps Proxy Advisors for Its Own AI System
JPMorgan Chase is cutting out the middleman in shareholder voting. The bank is ditching external proxy advisory firms and will instead use its own AI system, Proxy IQ, to analyze data from about 3,000 annual company meetings.
MSCI Backs Off, Saving MicroStrategy and Crypto Stock Proxies
In a surprise move, MSCI has postponed its proposal to kick so-called digital asset treasury companies (DATCOs) out of its indexes. This gives firms like MicroStrategy, whose stock jumped 6% on the news, a crucial lifeline for now.
Agentic AI Adoption Just Exploded. The Sandbox Era Is Over.
New data shows a stunning reversal in enterprise AI strategy. Where 98.3% of chief product officers refused to grant AI agents meaningful autonomy in August 2025, that resistance had collapsed to 63.3% by November, with nearly 40% now open to it. Active piloting and usage tripled in some sectors.
China Eyes Meta’s $2 Billion AI Startup Deal
According to a report, Chinese regulators are looking into Meta’s recent $2 billion purchase of AI startup Manus. The review focuses on whether the transfer of Manus’s tech out of China required an export license, potentially giving Beijing leverage over the deal.
xAI Raises a Staggering $20 Billion to Fuel Its AI Ambitions
Elon Musk’s xAI has secured a monumental $20 billion in new funding. The capital will accelerate its data center buildout and the development of its Grok AI models, which now reach 600 million users.
Elon Musk’s Wealth Just Jumped $24 Billion in Two Days
Elon Musk has kicked off 2026 by adding a staggering $24 billion to his fortune in just two trading days, according to the Bloomberg Billionaires Index. This 4% bump brings his estimated net worth to $644 billion, further extending his lead as the planet’s wealthiest individual.