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Honda plans to halt production in Japan and China from December 29 to January 6, showing the ongoing fallout of the global chip shortage and Nexperia takeover (Bloomberg)

Bloomberg : Honda plans to halt production in Japan and China from December 29 to January 6, showing the ongoing fallout of the global ch...

1 December 2023

Sources: CFIUS forced Aramco Ventures' Prosperity7 fund to sell its stake in AI chip startup Rain AI in the past year; Prosperity7 led Rain's 2022 $25M raise (Jane Lanhee Lee/Bloomberg)

Jane Lanhee Lee / Bloomberg:
Sources: CFIUS forced Aramco Ventures' Prosperity7 fund to sell its stake in AI chip startup Rain AI in the past year; Prosperity7 led Rain's 2022 $25M raise  —  - Aramco Ventures' Prosperity7 sold Rain AI shares to Grep VC  — Altman met Middle East funds for an Nvidia rival chip firm

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