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South Korea delays decision on letting Google move hi-res map data overseas
A timeline of South Korean telco giant SKTβs data breach
Relevance AI raises $24M to help businesses build AI agents
Blinq lands $25M to further its mission to make business cards passΓ©
Early cancer detection startup Craif raises $22M
Alpaca raises $52M Series C to take its API brokerage platform to new markets
RLWRLD raises $14.8M to build a foundational model for robotics
US may fine TSMC $1B over chip allegedly used in Huawei AI processorΒ
Solve Intelligence raises fresh $12M to bring AI to IP, patent workflows
AI chip startup FuriosaAI reportedly turns down $800M acquisition offer from Meta
SoftBank to acquire semiconductor designer Ampere in $6.5B all-cash deal
SoftBank Group announced on Wednesday that it will acquire Ampere Computing, a chip designer founded by former Intel executive Renee James, through a $6.5 billion all-cash deal as a strategic move to broaden its investment in AI infrastructure. Ampere will be operating as a wholly-owned subsidiary of SoftBank after the deal, which is expected to [β¦]
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Tera AI comes out of stealth with $7.8M to provide visual navigation for robots
Robots are part of an exciting new frontier in tech, but hereβs the challenge: Robots rely on arrays of sensors, external signals like GPS and Wi-Fi, and customized software to navigate their environments. Further, robotics often involves expensive, ready-made hardware solutions that include built-in software and sensors designed for specific tasks, like estimating relative motion. [β¦]
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SoftBank buys $676M old Sharp plant for its OpenAI collab in Japan
SoftBank is marching ahead on its ambitions to build out a major AI operation in its home market of Japan, on its own steam and in strategic partnership with others like OpenAI. On Friday, the tech company confirmed it would pay $676 million for a factory previously used by Sharp to build LCD panels and [β¦]
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Singapore grants bail for Nvidia chip smugglers in alleged $390M fraud
A judge in Singapore granted bail to three men suspected of deceiving suppliers of server computers that may contain Nvidia chips affected by U.S. export rules that bar the sale of them to certain countries, as a route to halting them being sold to organizations in China. The move comes nearly two weeks after the [β¦]
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Salesforce to invest $1B in Singapore to boost adoption of AI
Salesforce plans to invest $1 billion in Singapore over the next five years as it seeks to fuel the adoption of its AI agent development platform, Agentforce. Salesforce claimed that Agentforce can help alleviate Singaporeβs ongoing labor issues and augment the countryβs workforce and enterprises by creating βdigital workforcesβ that combine humans with autonomous AI [β¦]
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Uber terminates Foodpanda Taiwan acquisition, citing regulatory hurdles
Uber Technologies has ended its acquisition of Delivery Heroβs Foodpanda in Taiwan, the Germany-based tech firm said on Tuesday. The announcement comes roughly three months after Taiwanβs antitrust regulator blocked the deal, citing competitive issues. The Fair Trade Commission (FTC) said that if Uber acquired Foodpanda, its market share in Taiwan would increase to 90%, [β¦]
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ARM to sign $250M chip deal with Malaysia
The SoftBank-backed chipmaker has signed an agreement with the Malaysian government to bolster the country's chip design ecosystem.
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Indonesia, Apple reach agreement to end iPhone 16 sales ban
Apple will be able to resume its iPhone 16 smartphone sales in Indonesia after the two sides came to an agreement, the Industry Ministry said during a press conference Wednesday, per a Reuters report. The ban was lifted five months after Indonesia blocked the U.S. iPhone maker from selling its iPhone 16 phones in Indonesia [β¦]
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Patlytics raises $14M for its patent analytics platform
For decades, patents have been a bone of contention in the technology world, seen by some as a way to protect intellectual property, but by critics as a blunt weapon against innovation. In the age of AI, they are once again getting revisited. New York startup Patlytics has developed an AI-enabled patent analytics platform to [β¦]
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