Baseten Secures $1.5 Billion Funding at $13 Billion Valuation Amid AI Infrastructure Boom 
SpaceX Stock Plunges 16% as KeyBanc Warns Valuation May Be Overstretched 
Alibaba Shares Fall After Anthropic Alleges Massive AI Model Distillation Campaign 
Kioxia Targets U.S. Listing as AI Chip Boom Accelerates 
Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock 
SpaceX Stock Rebounds After Sharp Selloff, But Valuation Concerns Persist 
Trump Orders DOJ Investigation Into Exxon, Chevron Over High Gas Prices 
Apple Supplier Stocks Slide as Samsung, SK Hynix Lead Selloff After Apple Price Hikes 
OpenAI IPO Delay Weighs on SoftBank Shares as AI Valuation Concerns Grow 
Samsung Electronics Stock Surges on Report of Massive $59 Billion Share Buyback Plan 
OpenAI May Delay IPO to 2027 Amid $1 Trillion Valuation Goal 
Bain Capital Nears Deal for Majority Stake in Volkswagen Marine Engine Unit Everllence 
Doncasters Raises $919 Million in NYSE IPO as Aerospace Growth Accelerates 
SpaceX Eyes Starlink Mobile Phone Service to Challenge Verizon, AT&T, and T-Mobile 
Micron Stock Surges on Strong AI Demand, Record Revenue, and Bullish Q4 Forecast 
Fortescue Faces Class Action Over Sexual Harassment Claims at Australian Mining Sites 
Trip.com Shares Tumble After Q1 Profit Drops and Weak Revenue Growth Outlook 
The Egyptian government has agreed to manufacture Samsung's educational tablets as part of its strategy to localize the technology sector.
The contract with South Korean technology company Samsung would last for five years.
The tablet's specifications, which should be updated every two years, and the selling price have not been agreed upon.
Samsung had previously offered to invest about $30 million to establish a tablet factory in Egypt. The factory would have the capacity to produce up to one million devices annually.
Before the country's agreement with Samsung, Egypt's Ministry of Communications and Information Technology had negotiated with international companies early this year to determine the best offers to manufacture tablets locally.
Two days ago, Egyptian PM Mostafa Madbouly chaired a meeting on the localization of the tablet industry after previously indicating that manufacturing would start as soon as an agreement with Samsung was reached.
