TTM Technologies is putting $400 million into expanding its AI hardware production capacity across Asia. The company will upgrade existing facilities in four locations in China and one in Penang, Malaysia, rather than building new factories. This investment is on top of a previous $1.2 billion commitment spanning 2025 to 2029. The focus is on advanced N+M interconnect products, including printed circuit boards used in AI data centers and networking equipment.
SWI Group raised 800 million euros ($894 million) from institutional investors, valuing the company at 6.1 billion euros. The firm acquired Genesis Digital Assets out of the FTX bankruptcy and now plans to convert those former bitcoin mining facilities in the U.S. and Sweden into AI-focused data centers. Selling off Genesis Digital's sites in Kazakhstan is also part of the plan, reflecting a broader shift among crypto miners toward AI and high-performance computing workloads.
Research out recently flags a potential problem with DeepSeek's cost-saving memory techniques. According to the study, DeepSeek models — including DeepSeek-V4, V4.1, and compressed versions — are more likely to miss information depending on where it appears in a document. The findings have not yet been peer-reviewed, but they raise questions about how reliable these efficient models really are under the hood.
On the consumer and enterprise side, TikTok CEO Shou Zi Chew made two notable predictions. He warned that people are using AI agents without grasping the security implications, urging users to check their permissions carefully. He also told attendees at the DBS Asia Future Forward Conference in Singapore that major scientific breakthroughs in physics, biotech, chemistry, and materials science could come from AI within two to three years.
ServiceTitan is pushing AI into the trades with a limited pilot of its Max AI platform for roofing and commercial contractors. Three new AI agents handle insurance claims, production scheduling, and subcontractor management. Companies like SRS Distribution, Ferguson, and Lennox are design partners for a supplier-connected materials catalog expected by late 2026. ServiceTitan also launched a consumer platform called Homm that taps ChatGPT, Google Gemini, and Claude to help homeowners find contractors.
Reevo entered the sales tech space with a mobile AI app that lets sellers record and transcribe conversations straight from their phones. The app automatically writes summaries, logs action items, updates deal records, and drafts follow-up emails. A badge-scanning feature also helps sellers build contact lists and pull up account details before meetings. Meanwhile, healthcare AI investment continues to stall as organizations struggle to move beyond pilot projects, with unclear ROI and poor change management cited as major roadblocks.
Key Takeaways
- TTM Technologies is investing $400 million to expand AI PCB and interconnect production at sites in China and Penang, Malaysia, adding to a $1.2 billion commitment through 2029.
- SWI Group raised $894 million and plans to repurpose former FTX bitcoin mining facilities in the U.S. and Sweden into AI data centers.
- Research finds that DeepSeek's memory-saving compression may cause models like DeepSeek-V4 to miss information depending on document structure.
- TikTok CEO Shou Chew warns users about AI agent security risks and predicts major AI-driven scientific breakthroughs within two to three years.
- ServiceTitan launched a Max AI pilot for roofing contractors with agents for insurance claims, scheduling, and subcontractor management.
- ServiceTitan's consumer platform Homm integrates ChatGPT, Google Gemini, and Claude to connect homeowners with contractors.
- Reevo released a mobile AI sales app that records conversations, transcribes them, and auto-generates summaries and follow-ups.
- Healthcare AI investment is slowing as organizations face challenges scaling beyond pilots due to unclear ROI and weak change management.
- Meta's AI rollout is making the stock a buy in the eyes of Hightower Advisors analyst Stephanie Link.
- Retail investors at the Silvia Investor Summit showed strong enthusiasm for agentic AI trading opportunities.
TTM Technologies invests $400M to expand AI PCB capacity
TTM Technologies plans a $400 million investment to expand production at four facilities in China and its plant in Penang, Malaysia. The money will support advanced N+M interconnect technology used in AI hardware. The company will use existing spaces rather than build new factories. This adds to a prior $1.2 billion commitment from 2025 to 2029. TTM expects strong demand from data center providers and networking customers.
TTM Technologies expands AI infrastructure in China and Malaysia
TTM Technologies announced $400 million in planned investments to scale AI data center infrastructure capacity. CEO Edwin Roks and COO Jim Walsh unveiled the Rapid-Ramp brownfield expansion plan. The company will upgrade existing sites in China and Penang, Malaysia instead of building new ones. The focus is on advanced N+M asymmetrical interconnect products for hyperscalers and networking customers. TTM will share more details during its Third Quarter 2026 earnings call.
TTM Technologies adds $400M for AI capacity in Asia
TTM Technologies plans an additional $400 million investment to expand AI capacity in Asia. The investment covers four facilities in China and one in Penang, Malaysia. It is incremental to the company's earlier $1.2 billion commitment through 2029. TTM will focus on advanced interconnect products such as printed circuit boards for AI infrastructure. The company cited rising demand from data center providers, hyperscalers and networking customers.
TTM Technologies expands sites for AI hardware
TTM Technologies announced a $400 million plan to expand existing sites for AI hardware production rather than starting from scratch. The spending is additional to the $1.2 billion commitment for 2025 to 2029. The company will optimize space and add equipment in China and Penang, Malaysia. TTM will scale advanced N+M interconnect products including AI-specific printed circuit boards. Additional investor commentary is expected during the third quarter 2026 earnings call.
TikTok CEO warns users about AI agents
TikTok CEO Shou Chew said people are using AI agents without fully understanding how they work. He urged users to review the permissions and controls they grant to AI agents. His warning highlights growing concerns about how people interact with automated AI tools. The statement came as AI agent usage continues to rise among everyday users.
TikTok CEO predicts major AI scientific breakthroughs within three years
TikTok CEO Shou Zi Chew says artificial intelligence will likely drive major scientific breakthroughs in physics, biotech, chemistry, and material science within two to three years. He spoke at the DBS Asia Future Forward Conference in Singapore. Chew also warned that AI growth brings serious cybersecurity risks. His remarks came as ByteDance expands AI research beyond consumer products.
XChange LATAM Mexico 2026 focuses on integrating security, cloud, and AI
Mariluz Jiménez from Genesys Informática discussed how Mexican companies are shifting priorities toward data protection, cloud services, and AI as they plan for 2027. Based in Monterrey, the company serves enterprise customers with data centers, virtualization, backup, and cloud services. Customers increasingly want immutable backups to protect against ransomware. Jiménez also highlighted the growing importance of partnerships to deliver comprehensive technology solutions.
DeepSeek cost-saving AI may cause inaccuracies, research finds
New research reveals that DeepSeek's memory-saving technology may reduce model reliability. The study found that DeepSeek models are more likely to miss information when it appears in certain positions in a document. The phenomenon appears in DeepSeek-V4, V4.1, and all compressed models the team pretrained. The paper has not yet been peer-reviewed.
Healthcare AI investment stalls due to deployment gap
A new article highlights a deployment gap that is slowing healthcare AI investment. After successful pilots, many organizations struggle to scale AI solutions. The gap stems from unclear return on investment, poor change management, and insufficient training. The author suggests redesigning revenue cycle workflows to overcome these challenges and achieve AI investment goals.
Reevo launches mobile AI sales app for deal-making on the go
Reevo released a mobile AI sales app that helps sellers manage deals from anywhere. The app lets sellers record and transcribe conversations directly from a phone without a separate meeting bot. It automatically writes summaries, logs action items, updates deals, and drafts follow-ups. Sellers can also scan business badges to create contacts and access account information before meetings.
SWI Group raises $894 million to turn former FTX miner into AI data centers
SWI Group raised 800 million euros ($894 million) from institutional investors, valuing the company at 6.1 billion euros. The company acquired Genesis Digital Assets from the FTX bankruptcy and now controls it as SWI Digital. It plans to repurpose the U.S. and Swedish facilities of Genesis Digital into AI-focused data centers. The company will also sell Genesis Digital's sites in Kazakhstan. This move reflects a broader trend of bitcoin miners shifting to AI and high-performance computing work.
Meta's AI progress makes the stock a buy, says expert
Stephanie Link of Hightower Advisors explained why Meta's rollout of its AI services makes the stock a potential buy. The video segment covers Meta's developments in artificial intelligence. The discussion highlights how Meta's AI strategy could drive future growth for the social media giant.
Retail investors at summit are very bullish on agentic AI
Anthony Pompliano spoke with attendees at the Silvia Investor Summit in New York City. Day traders at the event showed strong enthusiasm for agentic AI. The report highlights how retail investors are increasingly interested in AI-related trading opportunities. The article covers the growing excitement around agentic AI among everyday traders.
ServiceTitan expands AI tools for roofing contractors
ServiceTitan launched a limited pilot of its Max AI platform for roofing and commercial contractors at its Pantheon 2026 conference in Orlando. The company introduced three roofing-specific AI agents focused on insurance claims, production scheduling, and subcontractor management. SRS Distribution, Ferguson, and Lennox are design partners for a supplier-connected materials catalog expected to launch by late 2026. ServiceTitan also announced a consumer platform called Homh that uses AI search tools including ChatGPT, Google Gemini, and Claude to connect homeowners with contractors.
Sources
- TTM Technologies Announces $400 Million Investment to Expand AI-Driven PCB Capacity in China and Malaysia
- TTM Technologies Announces $400 Million in Planned Strategic Investments to Accelerate AI Infrastructure Capacity in China and Malaysia
- TTM Technologies plans additional $400M investment to expand AI capacity in Asia
- A $400 million plan would expand existing sites for AI hardware, not start from scratch.
- TikTok CEO said people are using AI agents without understanding them
- TikTok CEO sees major scientific breakthroughs from AI within three years
- XChange LATAM Mexico 2026: The New Challenge Is Integrating Security, Cloud, and AI
- DeepSeek’s cost-saving AI may lead to inaccuracy in model performance: research
- Overcome the Deployment Gap Derailing Healthcare AI Investment
- Reevo Unveils Mobile AI Sales App to Keep Deals Moving Beyond the Desk
- SWI Group raises 800 million euros to convert FTX-backed miner into AI data centers
- Why Meta's AI developments make the stock a buy
- I attended a retail investor summit, day traders are bullish on agentic AI
- ServiceTitan Expands AI Tools for Roofing Contractors
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