Thursday, February 27, 2025

Microsoft calls on Trump to ease US export rules on data center chips for allies including India, Switzerland, and Israel, classed in the second of three tiers (Wall Street Journal)

Wall Street Journal:
Microsoft calls on Trump to ease US export rules on data center chips for allies including India, Switzerland, and Israel, classed in the second of three tiers  —  Request highlights the president's challenging task of trying to boost U.S. businesses and limit China's advances in artificial intelligence



Polish startup Nomagic, which makes robotic arms for logistics operations, raised a $44M Series B led by the EBRD, taking its total funding to ~$74M (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
Polish startup Nomagic, which makes robotic arms for logistics operations, raised a $44M Series B led by the EBRD, taking its total funding to ~$74M  —  Regions like the U.S. and Europe have been doubling down on rebuilding their industrial muscle after decades of closing down factories and outsourcing the work to countries like China.



Sources: no major players behind online scam centers in Myanmar were taken down in the recent China-led raids, and the construction of new centers continues (Hannah Beech/New York Times)

Hannah Beech / New York Times:
Sources: no major players behind online scam centers in Myanmar were taken down in the recent China-led raids, and the construction of new centers continues  —  A China-led crackdown on online fraud rescued thousands from Myanmar this month.  But this massive business of grift keeps growing.



Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)

Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...