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Wednesday 20 March 2024
Intel grabs away US$8.5 billion CHIPS Act money and a US$11 billion loan
The Biden-Harris Administration announced that the US Department of Commerce and Intel Corporation have reached a non-binding preliminary Memorandum of Terms (PMT) to provide up to...
Wednesday 20 March 2024
Taiwan to fund sub-16nm chip R&D
The Taiwanese government has proposed a subsidy program to fund the research and development of sub-16nm chips.
Wednesday 13 March 2024
Pentagon scraps plan to spend US$2.5 billion on Intel grant
The Pentagon pulled out of a plan to spend as much as $2.5 billion on a chip grant to Intel Corp., people familiar with the situation said, putting the onus on another federal agency...
Monday 11 March 2024
India launches AI Mission to foster local ecosystem
The Indian government approved the INR103.7192 billion AI Mission to foster India's Artificial Intelligence (AI) ecosystem and catch up with leading countries in AI.
Tuesday 20 February 2024
Does OpenAI dream of electric unicorns? Better ask Figure
OpenAI and Microsoft have invested huge sums of money in AI humanoids.
Tuesday 20 February 2024
GF to get US$1.5 billion funding in US chip manufacturing push
The US Department of Commerce has disclosed US$1.5 billion in planned direct funding for GlobalFoundries (GF) as part of the US CHIPS and Science Act. According to the pure-play foundry,...
Tuesday 6 February 2024
Wait for it... US teases major Chip Act funding announcement
The US Department of Commerce is preparing to allocate funds from its semiconductor manufacturing revitalization plan.
Monday 22 January 2024
Sakana AI secures US$30M from Sony and co., paving the way for Japan's GenAI leap
Founded in 2023 by former Google AI researchers Llion Jones and David Ha, startup Sakana AI has attracted significant investments from leading Japanese companies such as NTT, KDDI,...
Friday 5 January 2024
Funding for Chinese IC design firms drying up
China's semiconductor industry has seen a drastic dive in funding availability since 2023, taking a heavy toll particularly on the IC design sector. With strong government support,...
Thursday 4 January 2024
Taiwan's semiconductor academies boosted by government and corporate funding for advanced equipment amid challenges
The enrollment and educational research efforts of the six semiconductor academies, funded jointly by the National Development Fund (NDF) under the Executive Yuan and sponsoring enterprises,...
Monday 27 November 2023
Climate tech investment declines, unveiling the costly realities of the net-zero dream
Will green investment will pay off over time? In 2023, climate tech start-ups faced a significant funding decline, reaching levels not seen in the past five years. Despite the growing...