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A look at Osaka-based Fuso Chemical, which supplies 90%+ of the silica to polish wafers, sinking deeper into debt by refusing to raise its prices to cover capex (Bloomberg) 04-12-2023

Bloomberg: A look at Osaka-based Fuso Chemical, which supplies 90%+ of the silica to polish wafers, sinking deeper into debt by refusing to raise its prices to cover capex  —  – Fuso Chemical says lifting prices would be betraying customers  — Osaka firm dominates in chip silica but struggles with capex Lees verder op Tech Meme

Generative AI video startup Runway ML partners with Getty Images on a new AI video model available in the coming months for use in Hollywood and advertising (Carl Franzen/VentureBeat) 04-12-2023

Carl Franzen / VentureBeat: Generative AI video startup Runway ML partners with Getty Images on a new AI video model available in the coming months for use in Hollywood and advertising  —  Runway ML, the New York City video AI startup backed by Google and Nvidia, continues to entrench itself in the marketplace of the future. Lees verder op Tech Meme

Sources: Mistral AI is in the final stages of raising €450M in a round valuing the OpenAI rival around $2B; a16z is in talks to provide €200M in funding (Bloomberg) 04-12-2023

Bloomberg: Sources: Mistral AI is in the final stages of raising €450M in a round valuing the OpenAI rival around $2B; a16z is in talks to provide €200M in funding  —  – French AI startup is set to raise about €450 million in round  — Adviser Cedric O is among insiders set to sell partial stakes Lees verder op Tech Meme