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Chip restrictions: The US has revoked permission for Taiwan Semiconductor Manufacturing Co. to freely ship essential gear to its China production facility, a similar move imposed on Samsung and SK Hynix to require licenses before allowing technology transfers. Apple defections: The iPhone maker lost its lead AI robotics researcher to Meta Platforms — and three other researchers to AI firms continuing an exodus of talent from the company. OpenAI acquisition: The ChatGPT maker agreed to buy product testing startup Statsig for $1.1 billion in an all-stock deal, marking one of its biggest acquisitions. | |
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Anthropic almost tripled its valuation to $183 billion in a fundraising round that expanded as more and more investors sought a piece of the artificial intelligence company. The firm, a key rival to OpenAI, initially held talks to raise $5 billion, before doubling that target and finally hauling in $13 billion. | |
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Benchmark’s Peter Fenton says that a small venture capital firm that focuses on early stage investments still works in an era dominated by AI startups, Kate Clark reports in today’s Tech In Depth. Clark sat down with Fenton to talk about Benchmark’s strategy, the future of the firm and the potential for an AI bubble. Get the Tech In Depth newsletter for analysis and scoops about the business of technology from Bloomberg’s journalists around the world. | |
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