Friday, April 5, 2024

CB Insights: global VC investment in fintech fell 16% QoQ to $7.3B over 904 deals in Q1 2024, the lowest amount of funding the sector has seen since 2017 (Mary Ann Azevedo/TechCrunch)

Mary Ann Azevedo / TechCrunch:
CB Insights: global VC investment in fintech fell 16% QoQ to $7.3B over 904 deals in Q1 2024, the lowest amount of funding the sector has seen since 2017  —  When it comes to funding, the fintech sector didn't have a very good start to the year.  —  Fintech funding slid by 16% quarter …



Microsoft warns that China plans to disrupt elections in the US, South Korea, and India this year with AI-generated content after making a dry run in Taiwan (Dan Milmo/The Guardian)

Dan Milmo / The Guardian:
Microsoft warns that China plans to disrupt elections in the US, South Korea, and India this year with AI-generated content after making a dry run in Taiwan  —  Beijing did a test run in Taiwan using AI-generated content to influence voters away from a pro-sovereignty candidate



Sources: Samsung plans to more than double its total chip investment in Taylor, Texas to ~$44B, a significant breakthrough for US' chip manufacturing plans (Wall Street Journal)

Wall Street Journal:
Sources: Samsung plans to more than double its total chip investment in Taylor, Texas to ~$44B, a significant breakthrough for US' chip manufacturing plans  —  South Korean firm plans to add a second semiconductor factory and advanced-packaging facility at its new hub outside Austin



A US bill seeks to ban exports of DUV lithography tech to China, whose imports of chipmaking equipment reportedly grew from $10.7B in 2016 to ~$51.1B in 2025 (Jared Perlo/NBC News)

Jared Perlo / NBC News : A US bill seeks to ban exports of DUV lithography tech to China, whose imports of chipmaking equipment reportedl...