OpenAI is advancing in its bid to transform the non-profit structure of the US$157 billion company into a for-profit business by having preliminary discussions with regulators.

The uncertainty and potential disruption that may unfold in the wake of the 2024 US presidential election looms over Taiwan’s booming semiconductor industry. At the recent launch of the Mandarin translation of “Silicon Triangle: The United States, Taiwan, China, and Global Semiconductor Security,” industry leaders convened to discuss Taiwan’s crucial role in the semiconductor industry, along with the broader implications of the upcoming US election.

Meta Platforms has raised its 2024 capex forecast to between US$38 billion and US$40 billion, slightly above its earlier projection of US$37 billion to US$40 billion. This adjustment reflects Meta’s commitment to extensive infrastructure expansion, with a projected substantial rise in 2025 capex to support its long-term growth ambitions.

Taiwan-based AutoSys, which specializes in algorithms for automotive 360-degree surround image detection and ADAS sensing system fusion, has penetrated the supply chains of the US and Japanese automotive markets.