Overview of Important Developments at Noon on November 1

Google (GOOG.US): 28 AI energy startups selected in North America and Europe to join the accelerator program.

Market news: Japanese memory chip giant Kioxia will build a new manufacturing plant in Iwate Prefecture, with an estimated investment exceeding 1 trillion yen.

Sources: U.S. digital media company Puck is in talks with RedBird Capital over an investment deal, with Puck valued at approximately $250 million.

IDC predicts that although Apple (AAPL.US) will launch its first foldable iPhone in September with a price tag possibly as high as $2,500, the first-year shipments will still exceed 10 million units and will drive renewed growth in the foldable phone market. IDC expects global foldable phone shipments to grow by 12.6% this year and 18% next year, with Apple accounting for 40% of global foldable phone shipments by 2027. Meanwhile, due to price increases in storage chips and other components as w