U.S. offers TSMC up to $6.6 billion for Arizona factories as Biden pushes for chip security

Posted on April 8, 2024 by Techme101

TSMC is set to receive up to $6.6 billion in CHIPS Act funding to support its investment into three manufacturing sites in Arizona.

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Microsoft announces new AI office in UK

Posted on April 8, 2024 by Techme101

The firm says its new London hub will “drive pioneering work” to advance AI models and development.

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Microsoft AI gets a new London hub fronted by former Inflection and Deepmind scientist Jordan Hoffmann

Posted on April 8, 2024 by Techme101

Microsoft has announced a new London hub for its recently unveiled consumer AI division. It will be fronted by Jordan Hoffmann, an AI scientist and engineer Microsoft recently picked up from high-profile AI startup Inflection AI, which Microsoft invested in last year. The news comes some three weeks after Microsoft CEO Satya Nadella unveiled a new […]
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Paddy Cosgrave returns as Web Summit CEO after resigning over Israel/Gaza controversy

Posted on April 8, 2024 by Techme101

Paddy Cosgrave, the co-founder of the Web Summit tech conference, is returning to his role as CEO after resigning in October over controversial statements he made about the Israel/Gaza war last year on social media. Rumors of his return began to surface over the weekend; Cosgrave confirmed the move in a post on X today. […]
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Avendus, top India venture advisor, seeks $300 million for new PE fund

Posted on April 8, 2024 by Techme101

Avendus, India’s leading investment bank for venture deals, is looking to raise about $300 million for its private equity unit, according to three sources familiar with the matter. The Mumbai-based firm, backed by U.S. private equity giant KKR, has established itself as the top financial advisor in India, working with popular growth-stage startups including Zepto, […]
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State-backed cyberattacks, AI deepfakes, and more: Experts reveal UK election cyber threats

Posted on April 8, 2024 by Techme101

Cyber experts expect malicious actors to interfere in the upcoming elections in several ways, not least through disinformation aided by artificial intelligence.

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China says innovations not subsidies powering EV edge as Yellen raises ‘overcapacity’ concerns

Posted on April 8, 2024 by Techme101

China’s Minister of Commerce Wang Wentao on Sunday said the allegations about “overcapacity” by the U.S. and Europe were without merit.

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Brazil Supreme Court judge opens inquiry into Musk

Posted on April 8, 2024 by Techme101

The billionaire owner of social media platform X has defied a court order to block certain accounts.

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Spotify launches personalized AI playlists that you can build using prompts

Posted on April 8, 2024 by Techme101

AI playlists will initially become available to users on Android and iOS devices in the U.K. and Australia and will be iterated on in the months ahead.
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Ripple CEO predicts crypto market will double in size to $5 trillion by the end of 2024

Posted on April 8, 2024 by Techme101

Ripple CEO Brad Garlinghouse said he expects the entire value of the crypto market to double this year.

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