The valuation of Kavak, a Mexico City-based online used car dealer and LATAM's most valuable startup, was cut by $6.5B to $2.2B in a $127M equity round in March — The valuation for Latin America's most valuable startup was cut, by $6.5 billion, to $2.2 billion in its most recent funding round.
The Trump administration's restrictions on AI chip exports by Nvidia, AMD, and Intel to China could help turn Huawei into a global chip-making powerhouse (Tripp Mickle/New York Times)
Tripp Mickle / New York Times:
The Trump administration's restrictions on AI chip exporA look at slopsquatting, a supply chain attack where threat actors create malicious packages on indexes using AI-hallucinated names resembling popular libraries (Bill Toulas/BleepingComputer)
Bill Toulas / BleepingComputer:
A look at slopsquatting, a supply chain attack where thSources: Apple produced $22B worth of iPhones in India in the 12 months ended March 2025, up nearly 60% YoY, and now makes 20% of its iPhones in the country (Sankalp Phartiyal/Bloomberg)
Sankalp Phartiyal / Bloomberg:
Sources: Apple produced $22B worth of iPhones in India iThere is increasing uncertainty about China approving Synopsys' $35B Ansys acquisition, amid the escalating tariff fight between the US and China (Bloomberg)
Bloomberg:
There is increasing uncertainty about China approving Synopsys' $35B Ansys aDocuments: OpenAI told investors it expects revenues of $125B in 2029 and $174B in 2030, with sales from agents and other products exceeding those from ChatGPT (Sri Muppidi/The Information)
Sri Muppidi / The Information:
Documents: OpenAI told investors it expects revenues of Huawei unveils the Ascend 920 AI chip, expected to hit mass production in H2 2025, after Trump included Nvidia H20 in the ban on AI chip exports to China (Jowi Morales/Tom's Hardware)
Jowi Morales / Tom's Hardware:
Huawei unveils the Ascend 920 AI chip, expected to hit m
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