Two months after the U.S. choke off China’s access to two of Nvidia’s high-end microchips, the American semiconductor design giant unveiled a substitute with a reduced processing speed for its […]
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Back to news homeAramco’s Prosperity7 powers AI drug firm Insilico’s $95M round
Hong Kong-based drug discovery and development company Insilico has secured fresh capital at a time that its CEO described as a “biotech winter.” The firm has raised $35 million on […]
What’s driving China’s autonomous vehicle frenzy?
A lot of government support, it appears Rita Liao 13 hours China’s autonomous vehicle industry first started seeing some traction around 2016, when a bunch of ambitious startups mushroomed following […]
Warehouse robotics startup ForwardX raises $31M in first Series C close
ForwardX Robotics, a Beijing-headquartered company that makes autonomous mobile robots (AMR), said Tuesday it has closed the initial tranche of its Series C funding round as it looks to expand […]
Robotics startup FJDynamics raises $70M to make manual labor easier
FJDynamics, founded by DJI’s former chief scientist Wu Di, just closed a Series B round of $70 million as it advances its goal to empower workers in the harshest environment […]
Samsung announces new advanced semiconductor site in Taylor, Texas
Samsung Electronics announced today it has selected a site in Taylor, Texas, to build a new semiconductor wafer fabrication plant that is set to produce advanced logic devices. The estimated […]
Eatron, which makes ‘intelligent automotive software’, raises $11M Series-A led by MMC
An electric vehicle is, essentially, just ‘software on wheels’, and requires lots of moving parts, not physical but, of course, virtual. That software needs to continually optimize the performance, efficiency, […]
China roundup: Keep down internet upstarts, cultivate hard tech
Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. […]
Alibaba is making its cloud OS compatible with multiple chip architectures
Alibaba’s cloud computing unit is making its Apsara operating system compatible with processors based on Arm, x86, RISC-V, among other architectures, the company announced at a conference on Friday. Alibaba Cloud […]
SoftBank leads $15M round for China’s industrial robot maker Youibot
SoftBank has picked its bet in China’s flourishing industrial robotics space. Youibot, a four-year-old startup that makes autonomous mobile robots for a range of scenarios, said it has notched close […]