Taiwan Tycoon Backs $1.5 Billion AI Bet With Private Credit Fund

Software startup Temporal Technologies Inc. is reportedly in advanced discussions to raise new capital, aiming for a valuation of $5 billion, which would mark a doubling of its worth from just three months prior. This surge in valuation is attributed to the ongoing boom in artificial intelligence (AI) technologies.

The United States has imposed a 25% tariff on imports of certain advanced semiconductors, a move linked to an agreement allowing Nvidia Corp. to export its H200 artificial intelligence processors manufactured in Taiwan to China. This decision was endorsed by President Donald Trump, marking a significant shift in U.S. technology export policy.

Microsoft has successfully shut down a scam website that facilitated the theft of millions by fraudsters leveraging pirated software. This action underscores the company's commitment to combating cybercrime and protecting its users from malicious activities.

Skild AI Inc., a rapidly growing robotics startup, has raised approximately $1.4 billion in a new funding round, elevating its valuation to over $14 billion, more than tripling its worth in just seven months. This significant financial backing underscores the increasing investor confidence in AI-driven technologies that enhance robotic learning capabilities.

Infosys Ltd. has raised its annual sales forecast, indicating a potential recovery in corporate information technology spending, driven by the adoption of advanced technologies like artificial intelligence and cloud services.

Taiwan has issued an arrest warrant for Pete Lau, the CEO of OnePlus, amid unspecified legal issues. This development raises concerns regarding Lau's ability to lead the company effectively while facing legal challenges.

TSMC is planning an expansion in the United States as part of a proposed tariff-relief deal with Taiwan, a move that aligns with the Trump administration's ongoing efforts to boost high-tech chip manufacturing domestically. This initiative aims to reduce reliance on foreign semiconductor production amid rising geopolitical tensions.