src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-8050569412065003" crossorigin="anonymous">[/script]

Qualcomm CEO welcomes TSMC $100 billion investment in U.S. chipmaking newsthirst.

Taiwan Semiconductor Manufacturing Co.‘s $100 billion commitment to expand manufacturing in the U.S. is “great news,” Qualcomm CEO Cristiano Amon told CNBC on Tuesday, adding it helps with diversification of chipmaking locations. Amon also addressed U.S President Donald Trump’s tariff policy, suggesting longer term technology trends would outweigh any short term uncertainty. Trump announced on…

Read More

Amazon-backed AI firm Anthropic valued at $61.5 billion after latest round newsthirst.

Jaque Silva | Nurphoto | Getty Images Anthropic on Monday closed its latest funding round at a $61.5 billion post-money valuation, the company confirmed to CNBC. The $3.5 billion round was led by Lightspeed Venture Partners, and other investors included Salesforce Ventures, Cisco Investments, Fidelity Management & Research Co., General Catalyst, D1 Capital Partners and…

Read More

Qatar attracts VC fund managers to Doha with its $1 billion ‘fund of funds’ newsthirst.

The skyline of Doha, Qatar. Tim De Waele | Corbis | Getty Images The Qatar Investment Authority is leveraging its over-$500 billion in assets to attract venture capital firms to the hydrocarbon-rich state. The sovereign wealth fund’s $1-billion fund of funds program — which invests in both international and regional VC funds — is designed…

Read More