NEEDHAM, MA – Worldwide spending on artificial intelligence, including AI-enabled applications, infrastructure, and related IT and business services, will more than double by 2028 when it is expected to reach $632 billion, according to a new forecast from IDC's Worldwide AI and Generative AI Spending Guide.

TOKYO – Japanese PCB manufacturer CMK reported an 8% year-over-year increase in revenue for the quarter ending on June 30, totaling ¥22.9 billion ($157.6 million).

WALTHAM, MA – Nano Dimension reported record revenue of $15 million for the second quarter, up 2% from last year's second quarter.

KUNSHAN, CHINA – Long Young Electronic has announced plans to invest CNY200 million ($28 million) to build two new factories in Thailand.