The U.S. will add Semiconductor Manufacturing International Corp. and China National Offshore Oil Corp. to its blacklist of companies it alleges are controlled by the Chinese military. SMIC, which is China’s largest chipmaker, relies heavily on U.S. technology in its semiconductor manufacturing plants and said it was continuing to engage with U.S. officials, according to Reuters. The U.S....
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Chatbot Startup Character Seeks $250 Million, Testing Investor Appetite for AI
Character, an AI chatbot startup founded by two former Google researchers, has told investors it wants to raise as much as $250 million in new funding, according to two people with direct knowledge of the matter. The pitch will test investors’ appetite for machine-learning startups as Microsoft’s multibillion-dollar deal with OpenAI casts a halo over the sector. A funding round of...
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