South Korea’s fabless AI chip industry saw a slew of fundraising events over the last couple of years as demand for hardware to power AI applications skyrocketed, and […]
Tech giants form an industry group to help develop next-gen AI chip components
Intel, Google, Microsoft, Meta and other tech heavyweights are establishing a new industry group, the Ultra Accelerator Link (UALink) Promoter Group, to guide the development of the components […]
Finout lands cash to grow its cloud spend management platform
In 2021, Roi Ravhon, Asaf Liveanu and Yizhar Gilboa came together to found Finout, an enterprise-focused toolset to help manage and optimize cloud costs. (We covered the company’s […]
AI chip startup DEEPX secures $80M Series C at a $529M valuation
DEEPX is a South Korean on-device AI chip (NPU, or neural processing unit) startup that makes hardware and software for various AI applications in electronic devices. The company […]
China tensions underline US investment in TSMC
The United States Department of Commerce Monday proposed investing as much as $6.6 billion to fund a third Taiwan Semiconductor Manufacturing Company Limited (TSMC) fab in Arizona. The […]
OpenStack improves support for AI workloads
OpenStack allows enterprises to manage their own AWS-like private clouds on-premises. Even after 29 releases, it’s still among the most active open-source projects in the world and this […]
Apple cancels its car, Google’s AI goes awry and Bumble stumbles
Hello, folks, welcome to Week in Review (WiR), TechCrunch’s newsletter covering noteworthy happenings in the tech industry. This week, investment firm KKR announced that it would acquire VMware’s […]
KKR to acquire VMware’s end user computing biz from Broadcom for $4B
We’ve already started to see big M&A, as in multi-billion deals, finally pick up this year after a slow period last year. Today, KKR added to that growing […]
With deadline looming, Broadcom tries to push $61B VMware deal over finish line
Broadcom announced its intention to buy VMware for $61 billion in May 2022. After clearing a number of regulatory hurdles including the U.S., UK and European Union, it […]