Tracking IPOs: Shein knocks on Hong Kong’s doors
The fast-fashion giant is just one company in the expanding list of those eyeing Asia as their IPO destination of choice.
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Honeywell completes $1.8bn Johnson Matthey Catalyst Tech acquisition
Honeywell Technologies has completed its £1.325 billion ($1.8 billion) all-cash acquisition of Johnson Matthey’s Catalyst Technologies business, strengthening its portfolio across refining, petrochemicals and renewable fuels. The deal expands Honeywell’s end-to-end energy and process technology offering, combining catalyst solutions with its automation and digital capabilities. The company said the acquisition will…
Top tech firms urge U.S. government not to limit ‘open’ AI models
SAN FRANCISCO — Top American tech firms including Microsoft, Meta and Nvidia warned the U.S. government on Friday not to restrict certain forms of artificial intelligence. Although China went unmentioned in the open letter signed by 25 tech firms, it staked out a position that would benefit Chinese AI companies some voices in Silicon Valley…
York County startups gain access to Charlotte’s ecosystem
For years, founders in Fort Mill, Rock Hill and Indian Land have been driving north on Interstate 77 to access Charlotte’s startup ecosystem. South Carolina’s Research Authority decided it was time to stop watching that happen. SCRA is expanding into the I-77 corridor with a pre-accelerator program launching in September, bringing Charlotte’s own startup infrastructure…
Runta raises seed for AI agent compute
Andreessen Horowitz (a16z) has led the seed funding round for Runta, a startup focused on re-architecting compute infrastructure for the burgeoning AI agent ecosystem. This investment underscores a shift in computing demands, moving beyond developer-centric platforms towards the raw needs of autonomous AI. The current trend of high-level abstractions and developer experience optimization, while beneficial…
TechCrunch Mobility: A robotaxi ultimatum
Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, how AI is playing a part. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! I am back from vacation. What did I miss? Turns out, quite a lot — including…
Trump vows to investigate EU over fining of US tech companies
Donald Trump says the US will launch an investigation into the European Union and threatened a fresh tariff over fines handed to some of the biggest American tech companies. It comes days after the European Commission fined Google €890m ($1bn) for operating in a way that squeezed out competitors to its services. In a post…
