Cadence Design Systems CEO Says About Significance of Chip Packaging
Anirudh Devgan, Chief Executive Officer of Cadence Design Systems, said that the United States should increase investment in cutting-edge semiconductor packaging.
Anirudh Devgan, Chief Executive Officer of Cadence Design Systems, said that the United States should increase investment in cutting-edge semiconductor packaging.
A high-ranking representative of Taiwan, in the United States Hsiao Bi-khim said that semiconductor companies from this Asian country are in no hurry to make decisions on increasing investment in the USA because of the double taxation system, which they characterize as unfair and appear without sufficient grounds.
The British neobank Zopa announced that following the results of the next round of financing, it managed to raise investment funds for 75 million pounds ($93 million).
Shop Circle announced that following the results of the Series A financing round, it managed to raise investment funds for $120 million.
One of the most active early-stage venture investors in Southeast Asia, 500 Global, announced that he managed to raise funds in the amount of $143 million, which will be used to increase the volume of investments in the mentioned region.
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The media, citing knowledgeable persons, reported that the cloud unit of Alibaba Group Holding is currently exploring the possibility of conducting a private round of financing to raise funds from Chinese state-owned enterprises.
The media, citing persons who provided information on condition of anonymity, reported that China is currently seeking to raise funds in the amount of more than $40 billion to create a kind of investment base for the development of the local industry sector specializing in the production of chips and research in the relevant sphere.
Kenyan President William Ruto opened the first climate summit in Africa, drawing hundreds of millions of dollars in climate financing pledges
One of the oldest stock exchanges in the world, based in London, will reportedly use a separate entity for its planned blockchain-based markets business
Japanese startup Rapidus, which receives support from the government of this country, announced the hiring of more than 200 people as part of efforts to create an ultra-modern chip manufacturing plant by 2027.
The media reported that Barclays Plc, a structure that includes a multinational investment bank and a financial services company, decided to strengthen its position in the private loan market by allocating money from its balance sheet to implement the corresponding efforts.
The media, citing insiders, reported that Cohere, which operates in the field of artificial intelligence and receives support from investors, including Oracle and Nvidia, is currently interacting with banks in preparation for a new round of financing a few months after the completion of the previous one.
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Despite the legal victory of Grayscale, it’s too early for spot Bitcoin ETF proponents to cheer
Hyperproof, which provides software as a service, on Wednesday, August 30, announced that following the results of a funding round led by Riverwood Capital and with the participation of the venture capital firm Toba Capital, which is at an early stage of development, it managed to raise $40 million.
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