Mixed Reality

Technology News

  • SoftBank sells Nvidia stake to fund OpenAI bets, boosts AI push
    November 11, 2025, 5:08 PM EST. SoftBank disclosed it has sold its entire Nvidia stake (about 32 million shares) for roughly $5.83 billion to fund a bigger bet on OpenAI. CFO Yoshimitsu Goto stressed the move isn't about Nvidia and noted this year's OpenAI investment could exceed $30 billion, necessitating divestment of existing holdings to preserve financial strength. Nvidia shares slipped about 1.5% after hours. SoftBank's results for the six months to September showed profits near ¥2.5 trillion and revenue of ¥3.7 trillion, with a Vision Fund profit of around $19 billion helping buoy returns. Founder Masayoshi Son has framed SoftBank as a major AI player, even eyeing a shared Stargate project; yet questions linger about an overheated AI market and lofty valuations.
  • Nebius inks $3B AI infrastructure deal with Meta; Meta misses Q3 revenue estimates
    November 11, 2025, 5:02 PM EST. Nebius has sealed a $3B deal to supply and scale AI infrastructure for Meta, signaling a major push into AI workloads. The pact arrives as Meta reports a Q3 revenue miss relative to estimates, fueling questions about funding priorities and AI deployment strategy. Details are initially sparse, but the agreement is expected to cover provisioning for AI training and inference workloads and related services, with potential implications for suppliers, pricing dynamics, and the broader AI infrastructure market.
  • Smartphone Cover Glass Market 2025: Trends, Growth, and Key Players (Corning, NEG, Schott, Biel Crystal, Lens Technology)
    November 11, 2025, 4:56 PM EST. Data Intelligence projects the Smartphone Cover Glass Market to grow at a CAGR 18.57% from 2024 to 2031, driven by demand for scratch resistance and durability in premium devices. The report highlights a competitive landscape led by Corning with Gorilla Glass variants, and news on Gorilla Glass Ceramic and Gorilla Armor 2 shaping front displays. Regional dynamics show Asia-Pacific as the dominant manufacturing hub, with China, Japan, Korea, and Taiwan fueling OEM activity from Samsung, Xiaomi, Oppo, and Vivo. Notable developments include NEG's ultra-thin Dinorex UTG for foldables, Schott's acquisitions and glass components for AR, and ongoing capacity expansions in the US and Europe. The market benefits from foldable introductions and next-gen cover glass innovations.
  • Ingevity to Produce CHASM NTeC-E CNT for EV Batteries in North America and Europe
    November 11, 2025, 4:54 PM EST. CHASM Advanced Materials announced that Ingevity Corp. has signed a license agreement to manufacture CHASM's NTeC-E CNT conductive additives for battery applications in North America and select European countries, expanding on their February 2024 JDA. The license strengthens a partnership aimed at building secure, regionally sourced CNT supply chains for the growing EV gigafactory ecosystem in NA and Europe. CHASM's NTeC-E CNT, validated by Ingevity's labs and third-party tests, delivers higher conductivity and superior capacity retention at high C-rates across lithium-ion cathodes and silicon anodes. It is designed for integration into commercial Li-ion cathodes, high-nickel chemistries, silicon anodes, solid-state and emerging chemistries, offering cost-effective, domestically sourced options. Leaders from CHASM and Ingevity emphasize a resilient, local supply chain for EV battery materials.
  • Beside raises $32M to scale its AI receptionist for small businesses
    November 11, 2025, 4:52 PM EST. Beside, an AI voice startup, has raised $32 million to expand its AI receptionist, which handles calls, books appointments, and follows up via an app connected to a user's number. CEO Maxime Germain likens it to a Harvard-graduate Chief of Staff with perfect memory, a partner that understands customers and drives business. The round includes a $20 million Series A led by EQT Ventures, with participation from Index Ventures and angels like Slack founder Stewart Butterfield; earlier seed rounds totaled about $11.9 million. Beside plans product development, hiring, and European expansion. After 18 months in stealth as M1, the company touts $4 million ARR and 20,000 paying customers, targeting consumers-contractors, real estate agents, hairdressers, and other small businesses that rely on phone calls.