The day in tech.

The Galaxy Z Fold 8 256GB version may be priced at $1,899 in the US, while the Galaxy Z Fold 8 Ultra 256GB variant could cost $2,099. Samsung has announced the official unveiling date for its next-generation foldable phones and smartwatches.

India approved a manufacturing joint venture between China's Vivo and India's Dixon Technologies. The 51/49 venture, majority-owned by Dixon, will manufacture Vivo smartphones and other electronics in India. The deal, first announced in December 2024, required government clearance under 2020 investment rules for countries sharing a land border with India.

AVELIN AI, based in the United Arab Emirates, raised $3.7 million in a pre-seed round. The startup provides sovereign AI infrastructure for government institutions and large enterprises in regulated sectors like healthcare, finance, and government services. It plans to expand across the Middle East and Europe.

Tencent is leading a deal to unwind Meta's acquisition of Manus, according to reports. The move involves Tencent in talks to reverse the buyout, which was previously completed by Meta. The deal's unwinding marks a significant shift in the AI startup's ownership structure.

Data scraping startup Oxylabs raised $130 million from Warburg Pincus, its first outside funding, at a $3.6 billion valuation. The Lithuanian company provides infrastructure for AI model developers to collect public web data at scale. It has over 350,000 customers and more than $350 million in annual recurring revenue.

DJI launched the EV50, its first VTOL fixed-wing cargo drone, which reached 8,861 meters on Everest. The EV50 has a 50 kg payload, 150 km range, and 160 km/h top speed. Separately, the DJI FlyCart 100 hauled 10,073 kg of supplies and waste between Base Camp and Camp 1 during the 2026 spring climbing season.

1X unveiled Neo humanoid robot hands with 25 actuated degrees of freedom and tendon-driven motion for near human-level dexterity. Low gear ratios enable force transparency, and IP68 sealing allows washing. High-resolution tactile sensors detect pressure and slippage. The hands can lift a 20-pound kettlebell and pick grapes.

SK Hynix raised $26.5 billion in its New York share offering, the largest ever US listing by a foreign firm. The South Korean memory chipmaker sold 177.9 million American depositary shares at $149 each, set to trade on the Nasdaq under ticker SKHY. Demand exceeded available shares by seven times.

OpenMandriva Linux accused former contributor Davide Beatrici of deleting years of repository work and pushing an empty package that could break desktop installations after a community dispute. The project is restoring data and conducting a full system audit, but decided not to pursue legal action despite calling the act a criminal offense.

Kraken Technology Group Ltd., a British defense startup building autonomous ships, raised $175 million in Series B funding led by DTCP. The round included the UK government's British Business Bank, the NATO Innovation Fund, and over half a dozen other investors, valuing the company at $1 billion.