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Joe Biden and Xi Jinping have been locked in an escalating trade war over the global supply of microchips as the White House seeks to curb China’s tech superpower ambitions.
Amazon is considering becoming a major investor in Arm as it turns to the British chip maker’s technology to help power its data centres.
by David Prior A Manchester-based AI software provider has secured a $3m investment boost. Founded in November 2017, Mindtrace’s mission is to deliver ‘brain-inspired’ AI solutions which improve the accuracy of artificial intelligence models and reduce time to deployment. The funding round was led by Skylake Capital, Bloc Ventures and existing investor Mercia Asset Management. Mindtrace will use the cash to accelerate its product roadmap and bolster go-to market capabilities, including strategic partnerships. Following the investment Marcos Battisti, general partner at Skylake Capital, ...