❌

Normal view

Singapore’s DayOne Pushes Ahead With Data Center IPO Tied to TikTok

16 October 2026 at 17:00

DayOne Data Centers, a Singapore-based data center operator gearing up for a multibillion-dollar initial public offering in New York, is little known to most U.S. investors. But its business is built on a much better known company: ByteDance.

The TikTok parent company accounts for nearly 70% of DayOne’s revenue, according to two people with knowledge of DayOne’s operations. DayOne, which started as a Chinese data center company’s overseas business unit four years ago, has benefitted greatly from ByteDance’s rapid global expansion through TikTok. But that has also left it extraordinarily dependent on a single customer, which the company has acknowledged creates a significant risk for its business.

China Proposes Export Controls on AI Technology

16 October 2026 at 12:51

China is considering new export controls on AI technologies that could potentially restrict the overseas transfers of AI models and chip designs deemed strategically important.

The Ministry of Commerce on Friday issued a draft plan to add 40 technologies across AI, biomedicine and photovoltaic ...

OpenAI Works With Samsung on Next-Generation Chips

9 September 2026 at 10:33

OpenAI said it is working with Samsung Electronics to develop next-generation chips, deepening a collaboration with the South Korean technology giant that already spans data centers and enterprise sales, Reuters reported.

β€œOne of the areas where we have made the most progress and gained the most ...

❌