In a sweeping analysis of the AI sector, Sequoia Capital projects a widening competitive moat among leading cloud providers through 2025, as infrastructure buildout reaches critical mass. The venture firm’s latest report, “AI in 2025: Building Blocks Firmly in Place,” identifies a consolidation around five key players: Microsoft/OpenAI, Amazon/Anthropic, Google, Meta, and xAI.
CATL and Stellantis have entered a joint venture to establish a EUR4.038 billion (approx. US$4.25 billion) battery plant in Zaragoza, Spain, with each party holding a 50% stake. As reported by Yicai, this will be CATL’s third large-scale production facility in Europe, further expanding its global footprint.
Jiyue Auto, the automotive startup co-founded by Baidu and Geely, is on the brink of collapse. CEO Joe Xia, in a letter to employees dated December 11, admitted the company faces severe challenges and requires urgent restructuring. Reports indicate that salary benefits for some employees have been suspended, fueling fears of widespread layoffs.
Aegiverse is betting big on fiber-optic gyroscopes (FOG) as military demand for resilient navigation systems surges amid growing drone and satellite deployments. The National Central University spinoff, founded in 2022, is pushing into US and Indian markets while deepening ties with Taiwanese defense contractors.
Google has officially launched its upgraded AI model, Gemini 2.0, delivering enhanced performance and multimodal capabilities while paving the way for the future era of AI agents. Additionally, Google’s sixth-generation Tensor Processing Unit (TPU) Trillium, first introduced at the I/O Developer Conference in May, is now operational to support Gemini 2.0’s training and inference workloads.
The European Union’s newly imposed tariffs on Chinese electric vehicles (EVs) are sending a ripple of concern through the global auto industry. In response, BYD, the top EV manufacturer in China, has announced plans to manufacture its Dolphin and Atto 3 models in Europe by 2025, a move aligned with its global expansion strategy.
Delta Electronics has launched its “Delta Net Zero Science Laboratory” in Tainan Science Park, marking a major step in Taiwan’s hydrogen energy development. Chairman Ping Cheng hailed hydrogen as the “holy grail” of energy, emphasizing its potential as a future growth driver and advocating for a national hydrogen energy team.
Delta Electronics has launched Taiwan’s first megawatt-scale hydrogen production and fuel cell testing facility—the “Delta Net-Zero Science Laboratory”—at Tainan Science Park. The lab marks a significant step forward in Delta’s efforts to drive innovation in hydrogen energy technology as part of its commitment to a net-zero future.
Samsung Display (SDC) recently announced its routine personnel changes, naming Vice President Joohyung Lee as the new head of its most profitable division, the small- and medium-sized display sector. Chung Yi, the previous head of this unit, has been promoted to president and will now serve as SDC’s president, as highlighted by The Korea Herald.