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Laptop manufacturer Primebook has secured $2 million in a pre-series A funding round, with contributions from Inflection Point Ventures, Auxano Capital, and individual investors. The funds will be used for research and development, product innovation, and enhancing after-sales service, as the company capitalizes on the growing demand for affordable computing devices in India's education sector.Primebook's sales of 35,000 units at competitive price points highlight its market traction, positioning it against established players like HP and Lenovo. The funding structure, combining equity and debt, reflects a strategic approach to growth, emphasizing the importance of clear market validation in early-stage investments.
Huawei is set to trial its new AI chip, the Ascend 910D, aimed at competing with Nvidia's H100 GPU, which has been popular for AI workloads. The company expects to receive samples by late May and is collaborating with domestic tech firms for performance testing. U.S. export restrictions on AI chips have inadvertently positioned Huawei to serve both its domestic market and international customers seeking alternatives to Nvidia's technology.
China's industrial acoustic AI startup Ensonic has raised approximately $14 million in its Series D funding round, led by the Beijing Advanced Manufacturing Fund. The investment will support research and development, overseas expansion, and supply chain integration.Ensonic specializes in non-contact acoustic monitoring systems for predictive maintenance, utilizing over 100 terabytes of acoustic data to enhance industrial equipment health management. The company aims to expand into automotive noise testing and Southeast Asian markets, reflecting a growing trend in industrial AI investments.
The Indian government is considering a 10% cap on Chinese equity in electronics joint ventures, emphasizing technology transfer to bolster local expertise. This policy aims to reduce dependency on China, allowing up to 49% equity if suppliers partner with US or European firms, while assessing each investment proposal individually. The move reflects India's strategy to avoid overreliance on Chinese manufacturing, as seen in Vietnam, amidst ongoing geopolitical tensions.
Blinkit has launched a 10-minute SIM card delivery service in partnership with Bharti Airtel, now available in 16 Indian cities, including Delhi and Bengaluru. Customers can choose new prepaid or postpaid connections, with Aadhaar-based self-verification streamlining the activation process.This move marks Blinkit's expansion into higher-margin categories beyond groceries, aiming to compete with e-commerce giants. The company plans to double its dark stores to 2,000 by December 2025, responding to the growing demand for quick commerce and reshaping India's retail landscape.
The inaugural GITEX ASIA x Ai Everything Singapore, set for April 23-25, 2025, at Marina Bay Sands, aims to unlock Southeast Asia's US$1 trillion digital economy potential by gathering over 700 global tech enterprises and 250 investors. The event will feature key programs like AI 100 and Singapore 100, showcasing groundbreaking innovations and promising startups, while also addressing cybersecurity challenges through GITEX Cyber Valley Asia. With a focus on collaboration and partnerships, it promises to be a pivotal moment for the region's tech landscape.
Chinese AI startup TARS has raised $120 million in an angel funding round to advance its work in embodied AI, which combines machine intelligence with physical agents like robots. The funding, co-led by Lanchi Ventures and Qiming Venture Partners, will support research and development, including AI model training and technology application expansion. Founded in February 2025 and based in Shanghai, TARS is led by veterans from Baidu’s Apollo project and Huawei’s autonomous driving division.
Lenovo's IP chief has departed, highlighting shifts in leadership within the tech sector. Meanwhile, Halozyme is refining its patent strategy, and trade secrets are under scrutiny as companies like MediaTek and Huawei engage in ongoing disputes. Mujin is also developing its data ecosystem, reflecting broader trends in the global IP market.
Huawei is accelerating its shift away from US technology, focusing on its in-house Kirin X90 chip, which has received national security certification in China. As the company prepares to launch HarmonyOS-powered PCs, it has seen a 15% increase in PC shipments, capturing 11% of the Chinese market despite recent sanctions.
A potential alliance between Huawei and AI firm DeepSeek poses a significant long-term threat to Nvidia's dominance in the AI chip market, according to Gregory Allen from CSIS. This collaboration aims to create a cost-effective chip ecosystem and reduce reliance on Western technology, particularly as Huawei improves its AI chip production and seeks to leverage DeepSeek's capabilities. As Nvidia faces challenges from U.S. export controls, the landscape of the AI industry may shift dramatically, with the Huawei-DeepSeek partnership potentially gaining critical momentum.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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