Friday, March 26, 2021

Tesla's Chinese Rival Nio Temporarily Halts Production Due to Chip Shortage

Chinese electric vehicle maker Nio became the latest carmaker to temporarily suspend production as a result of a global semiconductor chip shortage that has led to major losses. https://ift.tt/2QEHAc5

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PitchBook: US startups raised $209B in 2024, up ~33% from 2023; AI startups raised $97B, the largest portion on record; VCs raised $76.1B, the lowest since 2019 (Sarah McBride/Bloomberg)

Sarah McBride / Bloomberg : PitchBook: US startups raised $209B in 2024, up ~33% from 2023; AI startups raised $97B, the largest portion ...