Broadcom closes its $61 billion megadeal with VMware

Broadcom’s mega $61 billion VMware acquisition has closed following considerable scrutiny by regulators, the company announced in a press release. With China recently granting approval for the acquisition with added restrictions, the network chip manufacturer had secured all the required approvals.  “Broadcom has received legal […]

US chip export ban is hurting China’s AI startups, not so much the giants yet

Well before Washington banned Nvidia’s exports of high-performance graphic processing units to China, the country’s tech giants had been hoarding them in anticipation of an escalating tech war between the two nations. Baidu, one of the tech firms building China’s counterparts to OpenAI, has secured […]