Foxconn Names Michael Chiang Rotating CEO
Hon Hai Technology Group, known as Foxconn, has appointed Michael Chiang as its rotating Chief Executive Officer for a one-year term starting April 1, 2026, succeeding Kathy Yang.
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Hon Hai Technology Group, known as Foxconn, has appointed Michael Chiang as its rotating Chief Executive Officer for a one-year term starting April 1, 2026, succeeding Kathy Yang.
The World Artificial Intelligence Conference has begun accepting global applications for the 2026 SAIL Award, recognizing AI projects that demonstrate both technological excellence and scalability, with a total prize pool exceeding $280,000.
The White House has submitted a $1.5 trillion defense budget request for fiscal year 2027, including $65.8 billion for Navy shipbuilding and the launch of the Golden Fleet program with a new Trump-class battleship.
X Square Robot held the inaugural Embodied AI Developers Conference (EAIDC 2026) in Shenzhen, marking the first global event dedicated to embodied AI developers. The conference featured live robotics demonstrations, a hackathon, and real-world deployment challenges.
ESET previewed new AI security tools at RSAC 2026 that scan chatbot prompts and responses to prevent data leaks and malicious content, with expanded capabilities for endpoint protection and AI supply chain defense.
Phantom Space Corporation has acquired Thermal Management Technologies to enhance its Phantom Cloud orbital data center program, bringing satellite thermal expertise in-house.
Numos has raised $4.25 million in seed funding led by General Catalyst, with participation from Operator Collective, to develop its AI platform for enterprise finance teams.
Versant Media Group has acquired StockStory, an AI-driven financial insights platform, to enhance CNBC’s data and analysis capabilities across its digital platforms.
Cupertino-based startup Alcatraz has secured $50 million in Series B funding to expand its AI-powered facial authentication system that verifies employees without storing biometric data.
Sona has secured $45 million in Series B funding led by N47, with participation from existing investors including Felicis, Northzone, Gradient, and Italian Founders Fund. The funding will accelerate the company’s AI platform development and U.S. expansion.
SpendHQ has acquired Sligo AI to integrate agentic AI into its enterprise procurement platform, combining structured spend data with secure AI deployment infrastructure.
Tata Communications has been recognized as a Leader in the 2026 Gartner Magic Quadrant for Global WAN Services, marking its thirteenth consecutive year in the position. The company highlighted advancements in AI-driven network infrastructure, expanded connectivity options, and upcoming quantum-safe encryption capabilities.
Microsoft announced a $10 billion investment in Japan from 2026 to 2029, focusing on AI infrastructure, cybersecurity partnerships, and training one million workers. The initiative includes collaborations with Sakura Internet and SoftBank to expand domestic AI compute capacity and support Japan’s data sovereignty goals.
Netflix has released VOID, an open-source AI model that can remove objects from videos while maintaining realistic physical interactions in the scene. The model, built on CogVideoX, introduces a new 'quadmask' system and two-pass inference process to ensure temporal consistency and accurate motion.
Cents has raised $140 million in a Series C round led by Sumeru Equity Partners, marking the largest software investment in the laundry industry to date. The funding will accelerate the expansion of its AI-powered platform for laundromats and dry cleaners.
Faraday Future announced its fourth quarter and full-year 2025 results, highlighting progress on its FX Super One EV and the launch of its EAI robotics lineup, which began deliveries in February 2026.
IFS has announced a new pricing structure for its Industrial AI software that charges customers based on operational assets rather than user count, aiming to make enterprise-wide AI adoption more accessible and cost-predictable.
The UK Department for Science, Innovation and Technology has appointed Cognizant as a strategic industry partner for its TechFirst programme, aimed at expanding technology career opportunities for young people across the UK.
Hyperscale Data announced it received $26.6 million in cash following the resolution of litigation involving a former subsidiary, with funds distributed between its subsidiaries Ault Lending and RiskOn International.
EvoChip.ai announced benchmark results showing its AltiCoreAI technology achieving up to 41 times faster inference performance than optimized neural networks on standard CPUs, according to a press release. The benchmark, conducted with SidePath, compared AltiCoreAI to TensorFlow-based models across multiple datasets.