China Unveils New Chipmakers Amid Crypto Hack and Venture Funding Surge
China's push for greater semiconductor self-reliance has taken a significant step forward with AMEC unveiling six new chipmaking machines. This move aims to reduce the country's reliance on overseas semiconductor technology.
The new equipment covers multiple stages of chip production and highlights AMEC's growing role in strengthening China's domestic semiconductor manufacturing capabilities.
In another development, Claret Capital has raised €575 million to fund European technology and life sciences companies. This is the largest fundraise by the company yet, exceeding its target of €500 million.
The hiring landscape in India is also shifting, with a survey showing that diversity-focused hiring increased by 21% year-over-year despite a decline in overall recruitment activity.
A major security breach has hit the Liquid Network, a Bitcoin-linked blockchain used by several cryptocurrency exchanges. The incident resulted in the theft of nearly 4,000 Bitcoin worth approximately $320 million.