Thursday, June 29, 2023

Sources: after struggling to raise at a $4B valuation Stability AI secured a convertible note worth under $25M; Stability AI denies fundraising difficulties (Bloomberg)

Bloomberg:
Sources: after struggling to raise at a $4B valuation, Stability AI secured a convertible note worth under $25M; Stability AI denies fundraising difficulties  —  Stability AI, the artificial intelligence startup that has been struggling to raise funding at a $4 billion valuation …



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MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's, as the mobile chip designer bets on AI demand for growth (Cheng Ting-Fang/Nikkei Asia)

Cheng Ting-Fang / Nikkei Asia : MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's...