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Tuesday 25 March 2025
FuriosaAI reportedly rejects Meta's US$800 million acquisition offer
Several South Korean media outlets have reported that South Korean AI chip startup FuriosaAI has rejected Meta's US$800 million acquisition proposal.
Monday 24 March 2025
Chip companies flood Germany with US$6.5 billion in subsidy requests
Companies in the chipmaking industry are asking for three times the available subsidies from Germany’s latest funding program, setting up one of the first challenges for the...
Thursday 20 March 2025
Japan govt to inject additional US$1 billion in Space Strategy Fund projects
The Japanese government has established a Space Strategy Fund (SSF) to subsidize research and development in space technology, aiming to secure a foothold in the emerging new space...
Monday 17 March 2025
Airoha secures NT$1.4 billion in government grants alongside approvals for three others
In November 2024, Airoha Technology (Airoha) secured a NT$1.4 billion (approx. US$ 42.59 million) grant from Taiwan's Ministry of Economic Affairs (MOEA), drawing industry-wide attention...
Monday 17 March 2025
Europe's EV battery dreams shattered: Northvolt's collapse amid rising Chinese competition
Northvolt, once touted as Europe's best bet to challenge Asia's grip on the EV battery market, has filed for bankruptcy in Sweden after failing to secure fresh funding. A court-appointed...
Friday 14 March 2025
Japan doubles down on Rapidus as semiconductor ambitions face funding hurdles
Japan's 2025 budget proposal is on the verge of approval, paving the way for government investment in Rapidus, a project focused on the mass production of advanced semiconductors...
Thursday 13 March 2025
Biren secures pre-IPO funding as valuation tops US$2.1B, backed by Shanghai AI Industry Fund
On March 11, Shanghai Guotou Pioneer Fund announced via its official WeChat account that its AI industry fund led a fresh investment round in Biren Technology (Biren), one of China's...
Monday 10 March 2025
Anthropic raises fresh capital to supercharge AI expansion across Asia, Europe
Anthropic, the San Francisco-based artificial intelligence startup, has closed a US$3.5 billion Series E funding round, bringing its post-money valuation to US$61.5 billion, as per...
Friday 7 March 2025
TSMC's US$100 billion expansion: political capital or sunk cost?
TSMC is committing an additional US$100 billion to the US, funding three wafer fabs, two advanced packaging plants, and an R&D center. While framed as a business decision, the...
Tuesday 25 February 2025
EV dead end: Nikola's fall highlights financial and supply woes for startups
US-based electric vehicle (EV) startup Nikola has recently filed for bankruptcy protection, a move that comes as no surprise to industry insiders, who view the company as having reached...
Monday 24 February 2025
DeepSeek may accelerate AI smart factory adoption, but vertical data is key to unlocking full potential
DeepSeek has enabled industries to accelerate AI applications more affordably. However, supply chain operators caution that without a mature industry and technological foundation,...
Friday 21 February 2025
EU approves funding for Infineon's Dresden fab under European chip incentive
According to Infineon's press release, the European Commission has approved funding for Infineon's Smart Power Fab in Dresden under the European Chips Act, with expected approval...
Friday 14 February 2025
GlobalWafers maintains course amid US CHIPS Act funding uncertainty
Reports indicate that the Trump administration is considering revising incentive agreements under the CHIPS and Science Act (commonly referred to as the 'CHIPS Act'), potentially...
Friday 14 February 2025
Trump puts CHIPS Act subsidies on hold, industry braces for renegotiations and policy shift
The Trump administration has begun reviewing incentive agreements under the CHIPS and Science Act (hereinafter the CHIPS Act), signaling potential renegotiations and delays in upcoming...
Monday 10 February 2025
OpenAI's shifting alliances: Altman seeks funding amid Figure AI split, Microsoft strain grows
Sam Altman's recent global tour across Japan, South Korea, and India highlights OpenAI's ambitious drive to establish strategic alliances throughout Asia. While SoftBank's Masayoshi...