Dutch chip equipment maker ASML saw its shares jump 7 percent after reporting record orders and stronger than expected guidance, supported by the ongoing global boom in artificial intelligence. The results signal growing confidence among chipmakers as they expand capacity to meet rising AI driven demand.  ASML reported bookings of 13.2 billion euros in the fourth quarter…

Amazon has announced plans to lay off around 16,000 corporate employees, marking another major step in its ongoing effort to reduce bureaucracy and simplify decision making. This is the company’s second large round of job cuts since October last year, following the removal of 14,000 corporate roles.  In a recent blog post, Amazon said the layoffs are…

Chinese humanoid robot makers are moving fast to enter global markets, with the Middle East and the United States emerging as key focus areas. One such company is LimX Dynamics, a Shenzhen based startup that is quickly gaining attention in the global robotics space.  Over the last two years, LimX Dynamics has grown from a small setup into a modern operation…