AI Boom Turns a Furniture Hardware Maker Into Taiwan’s Richest Company
King Slide Works, once known for cabinet hinges, now dominates the market for AI server rack rails, making founder Lin Tsung-chi Taiwan’s richest person.
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Nvidia-backed Nscale Valued at $14.6 Billion After Funding Round
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Nscale raised $2 billion in a Series C round led by Aker and 8090 Industries, valuing the Nvidia-backed AI infrastructure company at $14.6 billion.
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Dell shares jumped 19% after the company topped fourth-quarter expectations and issued strong revenue guidance, driven by surging demand for AI servers amid a memory shortage.
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By
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The Trump administration launched the U.S. Tech Force, a 1,000-person engineering corps to support AI and other tech projects across federal agencies.