Mergers and acquisitions

• China’s first 'AI tiger' goes public as Zhipu climbs in Hong Kong debut - Shares of China-backed Zhipu made small gains on their Hong Kong debut, following a $558 million initial public offering.
• Trump orders Chinese-owned firm to unwind chip asset deal, citing national security risks - A Chinese-controlled company must divest semiconductor assets it bought from Emcore after the White House said the deal could threaten U.S. national security.
• Meta acquires intelligent agent firm Manus, capping year of aggressive AI moves - Meta Platforms has acquired Manus, a Singapore-based developer of general-purpose AI agents, capping a year of massive spending on artificial intelligence.
• Roomba's bankruptcy may wreck a lot more than one robot vacuum maker - Roomba's bankruptcy should serve as a warning sign to many small companies that big tech may not be able to come to the rescue, say M&A experts.
• Startup backed by Altman, JPMorgan announces capital lending partnership with Amazon - Slope, an AI lending platform backed by JPMorgan Chase, told CNBC exclusively that it is launching a partnership with Amazon's independent sellers.
• Nvidia supplier SK Hynix eyes U.S. listing as it expands on the AI boom - South Korea's SK Hynix is considering a U.S. listing as it grows in market cap and production capacity.
• 'China's Nvidia' Moore Threads surges over 400% on trading debut after $1.1 billion listing - Shares of Moore Threads soared by more than 400% on its debut in Shanghai following its $1.1 billion listing.
• Anthropic reportedly preparing for one of the largest IPOs ever in race with OpenAI: FT - Anthropic, the AI startup behind the popular Claude chatbot, is reportedly in talks to launch one of the largest initial public offerings ever as 2025.