Expansion News
108 articles
AI company growth news including hiring, new office openings, market expansion, and international growth initiatives.
AWL to showcase NVIDIA Jetson Thor-based multi-camera tracking at COMPUTEX 2026
AWL (AWL株式会社), a Hokkaido University–originated edge AI video analytics startup, announced it will exhibit at COMPUTEX TAIPEI 2026 in the AVerMedia booth. The company will demonstrate a 2U rackmount e...
Mindtree (마인드트리), a South Korean integrated Employee Assistance Program (EAP) provider, has relocate...
Mindtree (마인드트리), a South Korean integrated Employee Assistance Program (EAP) provider, has relocated its headquarters to the Pangyo Startup Zone — a state-backed incubation space operated by the Mini...
**Cognite partners with Seoul Investment Agency to establish Seoul office for industrial AI expansion.**
Cognite, an industrial data analytics company headquartered in Tempe, Arizona with a European base in Norway, has signed a business agreement with the Seoul Investment Promotion Agency to establish a...
HCL-Foxconn semiconductor joint venture launches unit in Uttar Pradesh, advancing India's chip self-reliance.
Prime Minister Narendra Modi virtually inaugurated the groundbreaking of the HCL-Foxconn semiconductor manufacturing unit in Uttar Pradesh, a step toward attracting semiconductor investments and reduc...
Resolve AI expands platform to fix production failures from AI-generated code
Resolve AI, a production-operations startup backed by Greylock and Lightspeed Venture Partners, announced a sweeping expansion of its platform targeting system failures caused by AI-generated code. Th...
Naver Cloud (네이버클라우드) demonstrated its AI-driven welfare service 'Naver CareCall' at Government & Pu...
Naver Cloud (네이버클라우드) demonstrated its AI-driven welfare service 'Naver CareCall' at Government & Public Sector Week Japan 2026 in Tokyo from May 13-15-17. The exhibition, backed by Japan's Ministry o...
Runway opens Tokyo office, invests $40M to expand in Japan's video AI market
Video generation AI startup Runway announced on May 15 the opening of a Tokyo office and an initial investment of $40 million (approximately 6.2 billion yen) for its Japan expansion. The company state...
Kuaishou restructures Kling AI as independent unit, eyes $20B valuation and external funding
Kuaishou has announced plans to restructure Kling AI (可灵AI), its AI video generation business, into an independent business unit, evaluating external financing and a potential Hong Kong IPO. The compa...
# Uber and Adani Group to Build First India Data Centre
Uber CEO Dara Khosrowshahi announced the company is establishing its first data centre in India through a partnership with Adani Group. The facility, expected to go live later this year, will serve Ub...
OpenAI and Sam Altman discussed launching an AI compute company that would be majority-owned by Open...
OpenAI and Sam Altman discussed launching an AI compute company that would be majority-owned by OpenAI, according to sources. The structure would resemble that of Stargate, the massive data-center ven...
Kunlunxin (昆仑芯), Baidu's majority-owned AI chip subsidiary, has formally initiated IPO tutoring for...
Kunlunxin (昆仑芯), Baidu's majority-owned AI chip subsidiary, has formally initiated IPO tutoring for a STAR Market listing in Shanghai, with China International Capital Corporation as sponsor, accordin...
ByteDance has raised its 2026 AI capital expenditure budget by 25% to 200 billion yuan ($27.9 billio...
ByteDance has raised its 2026 AI capital expenditure budget by 25% to 200 billion yuan ($27.9 billion), up from the 160 billion yuan ($22.4 billion) planned at the end of 2025. The increase, reported...
PB Fintech secures SEBI debt brokerage licence, diversifying beyond insurance distribution
PB Fintech, the parent company of Policybazaar and Paisabazaar, has obtained a stock broking licence from the Securities and Exchange Board of India (SEBI) for its wholly owned subsidiary PB Marketing...
Google Explores AI Infrastructure, Server and Drone Manufacturing Investments in India
Google is evaluating investments in India across artificial intelligence infrastructure, server production, and drone manufacturing, according to Union IT minister Ashwini Vaishnaw. The discussions ex...
NetSuite expands AI-powered ERP offerings in Southeast Asia to meet enterprise demand
Oracle NetSuite is expanding its AI-powered enterprise resource planning (ERP) solutions across Southeast Asia, targeting businesses seeking intelligent automation and data-driven insights to optimize...
Databricks commits $300M to ANZ expansion, opens Sydney HQ amid 85% Q1 growth
Databricks announced a US$300 million (AU$420 million) investment in Australia and New Zealand over three years, including a new 22,000-square-foot headquarters at 400 George Street in Sydney. The com...
Lightelligence debuts in Hong Kong as optoelectronic computing gains traction
Lightelligence, a silicon photonics chip company founded in 2017 by MIT PhD Yichen Shen, listed on the Hong Kong Stock Exchange on April 28 under stock code 1879. It claims to be the world's first pub...
OpenAI Achieves FedRAMP Moderate Authorization for ChatGPT Enterprise and API
OpenAI has obtained FedRAMP 20x Moderate authorization for ChatGPT Enterprise and its API Platform, enabling U.S. government agencies to deploy frontier AI models including GPT-5.5 within secure, comp...
Galaxy Corporation Establishes Strategic Hub in Dubai to Drive AI & Robotics Entertainment Expansion.
Galaxy Corporation, a South Korean entertainment technology company, has established a new subsidiary named 'Galaxy ME' in Dubai. This marks its formal entry into the Middle East market and serves as...
The $10 Billion Startup Training AI to Replace the White-Collar Workforce
Mercor, a startup valued at $10 billion, is developing AI to replicate professional work and train replacements for the white-collar workforce. Original source: https://www.bloomberg.com/news/features...