Taiwan Billionaire Bets Big: Cathay Joins $152M In French AI Chip

Taiwan Billionaire Bets Big: Cathay Joins $152M In French AI Chip

Taiwan’s Cathay Venture, the investment arm of billionaire Tsai Hong-tu’s Cathay Financial Holdings, has taken a decisive leap into Europe’s semiconductor scene by backing French AI chip startup SiPearl in a hefty $152 million (€130 million) Series A round. This marks Cathay Venture’s first foray … Read more

PhysicsX Lands $135M, Nears $1B Valuation with F1-Led AI

PhysicsX Lands $135M, Nears $1B Valuation with F1-Led AI

PhysicsX, a London-based AI engineering startup founded by ex–Formula 1 engineers, has just closed a $135 million Series B funding round—nearly hitting unicorn status. Why should this matter to you? Because it marks a leap forward in how AI is being used to revolutionize real-world engineering, with implications … Read more