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Las Vegas-based TensorWave, which offers AMD-powered cloud infrastructure, raised $100M led by Magnetar and AMD Ventures, taking its total funding to $146.7M (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch : Las Vegas-based TensorWave, which offers AMD-powered cloud infrastructure, raised $100M led by Magnetar and A...

14 May 2025

The US Commerce Department issues guidance stating that "using Huawei Ascend chips anywhere in the world violates US export controls" due to the use of US tech (Financial Times)

Financial Times:
The US Commerce Department issues guidance stating that “using Huawei Ascend chips anywhere in the world violates US export controls” due to the use of US tech  —  Commerce department guidance aims to toughen export controls on tech used by China to make AI processors

Posted from: this blog via Microsoft Power Automate.

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