Tuesday, October 31, 2023

Filings: China's Big Fund invests $1.99B in DRAM maker Changxin Xinqiao, or 33.15% of its total registered capital, part of plans to build 12-inch memory wafers (Reuters)

Reuters:
Filings: China's Big Fund invests $1.99B in DRAM maker Changxin Xinqiao, or 33.15% of its total registered capital, part of plans to build 12-inch memory wafers  —  China's state-backed chip investment fund has invested 14.56 billion yuan ($1.99 billion) in a memory chip company called Changxin Xinqiao, records showed.



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...