Chinese AI chip designer Cambricon reports 44-fold revenue growth and a profit of ~$144M in H1 2025, after Beijing encouraged companies to use homegrown tech (Rachel Yeo/Bloomberg)

https://www.techmeme.com/feed.xml Hits: 8

Summary

Featured Podcasts Acquired: Alphabet Inc. Learn the playbooks that built the world's greatest companies - and how you can apply them as a founder, operator, or investor. Subscribe to Acquired.

First seen: 2025-08-27 01:20

Last seen: 2025-08-27 08:21

Read Full Article More from this Source

Chinese AI chip designer Cambricon reports 44-fold revenue growth and a profit of ~$144M in H1 2025, after Beijing encouraged companies to use homegrown tech (Rachel Yeo/Bloomberg)

Summary

Related News

Reddit, Yahoo, Medium, Quora, People, O'Reilly, wikiHow, Ziff Davis, and others adopt the Really Simple Licensing (RSL) Standard to set terms for AI scraping (Emma Roth/The Verge)

Sources: Amazon is developing consumer AR glasses codenamed Jayhawk with microphones, speakers, a camera, and color display, set for late 2026 or early 2027 (The Information)

Bending Spoons agrees to acquire video platform Vimeo in an all-cash deal valued at ~$1.38B, set to close in Q4; Vimeo will be delisted from exchanges (Lynn Doan/Bloomberg)

Brain Co., co-founded by Jared Kushner, Elad Gil, and others to help enterprises and governments use AI, comes out of stealth with a $30M Series A (Forbes)

Israeli chip monitoring startup ProteanTecs raised a $51M Series D led by IAG, with participation from Arm, Samsung, and more, taking its total funding to $250M (Meir Orbach/CTech)