OpenAI moves up IPO timeline to get ahead of Anthropic

OpenAI is preparing to file for an initial public offering (IPO) in the coming weeks, a move that could sharpen its competitive edge in the AI race. While company executives had previously targeted a listing in the fourth quarter of this year or later, the accelerated filing is expected to substantially advance the offering’s schedule. According to The Wall Street Journal, the initial paperwork could be submitted to regulators as early as Friday.

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Taiwan’s export engine stalls in April as global orders pull back

Taiwan’s export orders fell 4.0% in April compared to March levels, with orders from the US, China, Europe, Japan, and the ASEAN region all declining. According to data released on May 20 by the Ministry of Economic Affairs (MOEA) for April 2026, six of the seven major export categories saw month-on-month declines, including electronics and ICT products. However, the Ministry expects overall May orders to rebound from April, based on feedback from export-oriented manufacturers.

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LG Innotek wins long-term substrate deals as Intel and cloud giants secure supply

LG Innotek has secured substrate supply terms with major technology customers that increasingly resemble long-term agreements used in the memory-chip sector, boosting the South Korean supplier’s revenue visibility and reducing profit volatility, according to reports.Hankyung and Yonhap, citing a KB Securities report, said the proposed contracts include large upfront payments, binding multi-year supply commitments with penalty clauses, and equipment investment support from customers.

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Yulon to fully back Foxtron production as N7, Bria and Carvia enter mass production

Yulon Motor said at an investor conference on May 20 that it will fully support Foxtron Vehicle Technologies’ production capacity requirements, with the N7, Bria, and the latest Carvia models now being mass-produced at Yulon’s Sanyi plant. The company disclosed first-quarter 2026 operating results and outlined a strategy covering vehicle manufacturing, energy services, asset monetization, and overseas expansion.

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