Friday, December 22, 2023

Toshiba sees power management chips as a profit driver and plans to spend ~$175M to double production as the company completes its $14B buyout by PE firm JIP (Makiko Yamazaki/Reuters)

Makiko Yamazaki / Reuters:
Toshiba sees power management chips as a profit driver and plans to spend ~$175M to double production as the company completes its $14B buyout by PE firm JIP  —  Toshiba Corp (TOSBF.PK) sees power management chips as an immediate profit driver on the back of surging electric vehicle (EV) …



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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...