domain-b.com: The first online Indian business magazine

NEWS

SK Hynix posts record quarterly profit, sees AI driving memory chip demand

By Axel Miller | 28 Jan 2026

SK Hynix posted a record Q4 profit of $13.5 billion, driven by booming AI memory chip demand and strong pricing, while announcing a large share cancellation and U.S. expansion plans.

SoftBank in talks to invest up to $30 billion more in OpenAI

By Cygnus | 28 Jan 2026

SoftBank is in talks to invest up to $30 billion more in OpenAI as part of a large funding round valuing the AI company near $830 billion, highlighting deepening investor focus on AI infrastructure.

China clears first Nvidia H200 AI chip imports in policy shift, sources say

By Axel Miller | 28 Jan 2026

China has approved the first imports of Nvidia’s advanced H200 AI chips, allowing major tech firms to move forward with delayed orders in a key policy shift for AI infrastructure.

C3.ai in merger talks with Automation Anywhere in potential reverse listing deal

By Axel Miller | 28 Jan 2026

C3.ai is reportedly in merger talks with Automation Anywhere in a potential reverse-listing deal that could take the automation firm public amid consolidation in enterprise AI software.

SpaceX reportedly eyes June 2026 IPO at $1.5 trillion valuation

By Cygnus | 28 Jan 2026

SpaceX is reportedly considering a June 2026 IPO that could value the company at about $1.5 trillion and raise up to $50 billion, potentially one of the largest market debuts ever.

Saudi Arabia pauses work on landmark Mukaab megaproject as funding review begins

By Cygnus | 27 Jan 2026

Saudi Arabia has halted construction on the landmark Mukaab skyscraper in Riyadh’s New Murabba district as authorities review funding, fiscal priorities and project feasibility.

Hindalco announces $2.3 billion aluminium smelter expansion in India

By Cygnus | 27 Jan 2026

Hindalco plans to invest about $2.3 billion in an aluminium smelter expansion in Odisha and has commissioned a battery-grade foil plant to support EV and energy storage supply chains.

UK politicians urge competition review of Netflix’s Warner Bros Discovery bid

By Cygnus | 27 Jan 2026

UK politicians have urged the Competition and Markets Authority to launch a full competition review of Netflix’s proposed $83 billion bid for Warner Bros Discovery, raising concerns about market dominance and consumer choice.

Anta Sports buys 29% stake in Puma for $1.8 billion, rules out full takeover

By Axel Miller | 27 Jan 2026

China’s Anta Sports will buy a 29.06% stake in Puma for €1.5 billion ($1.8 billion), becoming the German sportswear brand’s largest shareholder while ruling out a full takeover.

Micron to invest $24 billion in new Singapore memory chip plant

By Cygnus | 27 Jan 2026

Micron plans a $24 billion memory chip fab in Singapore, with NAND production slated for late 2028 and HBM packaging starting in 2027, as global AI demand soars.

Nvidia CEO Jensen Huang visits Shanghai as China AI chip approvals remain unclear

By Cygnus | 24 Jan 2026

Nvidia CEO Jensen Huang is visiting Shanghai as China reviews approvals for the company’s H200 AI chip, adding uncertainty to Nvidia’s China sales outlook.

US SEC seeks court nod to serve Gautam, Sagar Adani by email as India route stalls

By Axel Miller | 23 Jan 2026

The US SEC asked a Brooklyn court to allow email service to Gautam and Sagar Adani after India rejected summons requests twice, stalling a civil case tied to Adani Green.