Tech Meme

SemiAnalysis: A look at Huawei’s AI CloudMatrix 384 rack-scale system, which is less power-efficient than Nvidia’s GB200 NVL72, though this is not a limiting factor in China  —  No comments on Huawei AI CloudMatrix 384 – China’s Answer to Nvidia GB200 NVL72  — China has No Power Constraints, just Silicon Constraints Lees verder op Tech Meme

Rest of World: Experts say Chinese investors would be wary of backing AI startups building foundation models; PitchBook: in Q1, AI/ML VC funding in China fell 30% YoY to $1.2B  —  Investors believe practical AI applications will fuel the next wave of growth, with startups building on top of DeepSeek’s foundation. Lees verder op Tech Meme

Suvashree Ghosh / Bloomberg: Analysis: stablecoins’ market value rose ~4.5% from the end of February to a new high of ~$234B in April, as crypto traders sat out the market volatility  —  In stable condition  —  As volatility took over global markets over the past couple of months, one part of the volatile digital asset market quietly grew: stablecoins. Lees verder op Tech Meme

Ellen Huet / Bloomberg: Inside San Francisco-based live-in startup accelerator HF0, whose alumni include OpenSea’s founders; HF0’s latest fund is $100M, up from its previous $16M fund  —  HF0, a live-in program for startup founders in San Francisco, mixes New Agey spirituality with Silicon Valley-esque hypercapitalism. Lees verder op Tech Meme

Financial Times: European carmakers are increasingly doing deals with Chinese rivals to prevent them from falling behind in core areas such as software and autonomous driving  —  The EU is trading market access for expertise in key technologies, just as Beijing once did  —  Two decades ago … Lees verder op Tech Meme

Krishn Kaushik / Financial Times: A look at India’s efforts to catch up in the AI race, as the government reviews 67 bids from startups and research labs seeking funding for domestic AI models  —  Modi’s government seeks private sector backing to scale up LLMs and spur research  —  India is betting on the tradition of … Lees verder op Tech Meme

Nikkei Asia: Trump’s planned tariffs on chip imports risk upending a global supply chain and could lead to oversupply as the US and other countries seek domestic production  —  TOKYO/PALO ALTO, U.S. — The Trump administration’s steps toward extending its tariffs to the semiconductor industry threaten … Lees verder op Tech Meme

Pranav Mukul / The Economic Times: Goldman Sachs Alternatives acquires India-based HR SaaS company PeopleStrong from Multiples PE, sources say for $130M; Tracxn: Multiples PE held an 84.3% stake  —  This is a second major private equity buyout deal of a SaaS firm this year, after Singapore-based private equity firm Everstone … Lees verder op Tech Meme

Debaroti Adhikary / Moneycontrol: Indian food delivery and quick commerce platform Swiggy launches Pyng, an online marketplace to let users find verified professionals like financial advisors  —  The app will help connect customers to verified professions including health & wellness experts, financial advisors … Lees verder op Tech Meme

PYMNTS.com: Cape Town-based Stitch, which provides an online payments suite to enterprises, raised a $55M Series B led by QED Investors, bringing its total funding to $107M  —  South Africa-based payments infrastructure company Stitch raised $55 million in a Series B funding round to expand its offerings for enterprise merchants. Lees verder op Tech Meme