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Nirva raised $33 million for an AI pendant that listens only to its wearer, while Leiphone reported new funding for Geometry Logic and CubiFab and product plans from Flowtica.
Tesla's quarterly operating profit fell 56% despite higher gross profit, as Musk outlined spending plans for FSD, Robotaxi, Optimus and chips while after-hours shares dropped.
KOSPI falls 3.52% to 5,533.77 as chip profit-taking and AI investment concerns hit Seoul; the won strengthens.
BOK sees AI-driven chip exports lifting private consumption next year; Lee urges balanced growth.
Seoul's KOSPI fell 2.25% late Thursday morning as AI investment concerns triggered a chip-share selloff, Yonhap reported.
Meta beat revenue estimates and unveiled a nonvoting Class C stock split. Tesla beat adjusted earnings but posted flat revenue; its shares fell after hours as Musk floated a SpaceX merger.
Blackstone's Jas Khaira said fears over AI-buildout debt are overblown, TechCrunch reported.
Flapping Airplanes raised $1B in a Series A led by Index and Lux at a reported $6B valuation.
CoreWeave's stock and debt are under pressure as rising rates and AI buildout concerns hit neoclouds, CNBC reported.
Tesla started Optimus robot production at Fremont as flat Q3 revenue accompanied conflicting profit figures.
SpaceX shares rose 7% after strong results; Musk said power and cooling, not chips, now limit AI compute buildout.
Dell says AI supply is outpacing planning, shifting buyers from discounts to delivery. Apple's iPhone Duo is also tight.
Nebius says AI computing prices are rising as investors question neocloud business models and debt-funded data centers.
Trump urges data centers to pay communities a ‘dividend’ to win support ahead of midterms.
South Korea's KOSPI rose 3.29% to 5,735.66 as chip shares rebounded on easing AI spending concerns; the KRX briefly activated a buy-side sidecar.
Seoul's KOSPI rose 4.1% as tech stocks rebounded despite concerns over heavy AI infrastructure investment, Yonhap reported.
Dutch startup Photon Bridge raised €10m to build laser devices linking AI chips in data centres.
Elice fell 32% in its Seoul debut, then rebounded 30%, as investors scrutinize AI spending and neocloud debt.
Eka Robotics raised $150M at a reported $1.45B valuation for force-sensing robot hands and vision-force-action model.
SpaceX and Tesla have set up special committees to discuss a potential merger, Elon Musk said, as SpaceX posted its first quarterly profit and AI became its largest revenue source. Anthropic, Tencent, Qualcomm and Chinese auto regulators also disclosed major developments.
SpaceX’s Q3 revenue rose 161% to $14.6 billion, led by its Super Intelligence AI unit, which generated $7.6 billion and 52% of sales.
Cramer trust sold Broadcom and Capital One shares, trimming AI exposure and a credit-sensitive bank stake.
Blackwall raised $100M Series C at $2.2B valuation to scale its web traffic management platform, led by AVP.
Amulya Vishwanath says physical AI is in a 'LEGO era,' with foundational parts still being built and talent a key moat.