The US says ASML’s top chip tool may be in China. ASML says it isn’t
There’s a commercial logic that cuts against the idea that ASML would risk its export license to arm a Chinese customer.
Telegram ban in India sparks a rush to VPNs, rival apps
Telegram argues India should block specific content, not an entire platform used by millions.
Source: Elastic agrees to buy CRV-backed DeductiveAI for up to $85M
DeductiveAI, a startup that uses AI to catch and resolve bugs in software, was founded just three years ago.
AI inference startup Baseten reportedly raising $1.5B months after its last mega-round
Startup Baseten is reportedly close to finalizing a $1.5 billion round at a $13 billion as the “inference gold rush” marches on.
Snap spins off AI video team into new company, Dotmo, due to costs
The Snapchat maker is spinning off yet another internal unit. Dotmo will be comprised of current Snap staff who are leaving the social media company to focus on AI video development.