DeepSeek reportedly raises $15B days after US restrictions
DeepSeek has reportedly raised $15 billion in one of China’s largest funding rounds, just days after the US ordered federal agencies to remove its technology over national security concerns.
Kate Park
US orders federal agencies to remove China’s DeepSeek AI from their systems
The US has ordered federal civilian agencies to remove DeepSeek products and third-party services built using its technology, citing national security concerns.
SK Hynix bargains for chip equipment exports to its China facility in return for building a factory in US
SK Hynix’s Solidigm is reportedly seeking US approval to send more chipmaking equipment to China as it weighs building a new NAND chip factory in America.
Intero Biosystems wants drugmakers to test on mini human intestines, not animals
Intero Biosystems is selling lab-grown human intestines to drugmakers as regulators push for alternatives to animal testing, while the startup looks to scale production and expand its organoid technology.
Mosqitter is turning its mosquito traps into an AI-powered surveillance network
Mosqitter is turning its mosquito-trapping hardware into an AI-powered surveillance network designed to identify species, monitor populations, and provide earlier warnings of mosquito-borne disease risks.
China’s Manus raises over $500M in first funding round since split with Meta
Boyu Capital and IDG Capital led the funding round, and existing shareholders Tencent, HSG (formerly known as Sequoia China), ZhenFund, and others also participated.
OpenAI apologizes to Australia after its AI agents breached government sites
The company also detailed how some of those breaches had happened, and outlined additional measures it is taking to assess the impact of the events.
Singapore’s Nexstrom wants to bring 2D semiconductors to chip fabs
Singapore-based Nexstrom has raised new funding to develop equipment that could help chipmakers manufacture 2D semiconductor materials at scale.
Huawei plans Q1 2027 launch of new AI chip as it takes on Nvidia
Huawei is accelerating the launch of its next-generation Ascend 960DT AI chip as it pushes to compete with Nvidia and close China’s AI computing gap with the U.S.
SK Hynix reportedly in talks with Intel to build memory chips in US
SK Hynix told TechCrunch the company hasn’t finalized any plans or arrangements yet.