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South Korea says it has signed an MOU with Arm to strengthen its chip and AI sectors, including a program to train ~1,400 high-level chip design specialists (Reuters)

Reuters : South Korea says it has signed an MOU with Arm to strengthen its chip and AI sectors, including a program to train ~1,400 high-...

7 December 2025

South Korea says it has signed an MOU with Arm to strengthen its chip and AI sectors, including a program to train ~1,400 high-level chip design specialists (Reuters)

Reuters:
South Korea says it has signed an MOU with Arm to strengthen its chip and AI sectors, including a program to train ~1,400 high-level chip design specialists  —  South Korea's industry ministry and SoftBank's (9984.T) chip unit, Arm Holdings, have signed an agreement to strengthen …

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Excelsior Sciences, which aims to use AI and robots for small-molecule drug discovery and development, raised a $70M Series A from Khosla Ventures and others (Aayushi Pratap/Chemical & ...)

Aayushi Pratap / Chemical & Engineering News:
Excelsior Sciences, which aims to use AI and robots for small-molecule drug discovery and development, raised a $70M Series A from Khosla Ventures and others  —  Excelsior Sciences cofounders say the company will make new molecules using robots and artificial intelligence

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India's digital transformation has exposed citizens to scams like "digital arrests", where victims are coerced into transferring funds under false accusations (Bloomberg)

Bloomberg:
India's digital transformation has exposed citizens to scams like “digital arrests”, where victims are coerced into transferring funds under false accusations  —  She races into her bedroom, shuts the door behind her, then falls to the checkered-tile floor.  The only place to hide is beneath the bed.

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Simular, which is building AI agents for Mac and Windows PCs, raised a $21.5M Series A led by Felicis; Simular has released its 1.0 version for macOS (Julie Bort/TechCrunch)

Julie Bort / TechCrunch:
Simular, which is building AI agents for Mac and Windows PCs, raised a $21.5M Series A led by Felicis; Simular has released its 1.0 version for macOS  —  Simular, a startup building AI agents for Mac OS and Windows, has raised a $21.5 million Series A led by Felicis, with existing seed investors NVentures …

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PermitFlow, which develops AI-powered workflow software for construction permitting, raised a $54M Series B led by Accel, a source says at a ~$500M valuation (Rashi Shrivastava/Forbes)

Rashi Shrivastava / Forbes:
PermitFlow, which develops AI-powered workflow software for construction permitting, raised a $54M Series B led by Accel, a source says at a ~$500M valuation  —  This week's edition of The Prompt newsletter covers Warner Music Group's settlement with Suno, why Decagon has a competitive streak …

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Chinese smartphone makers are promoting apps to help users switch from iOS in a race for market share, as Apple struggles to roll out AI features in China (Financial Times)

Financial Times:
Chinese smartphone makers are promoting apps to help users switch from iOS in a race for market share, as Apple struggles to roll out AI features in China  —  Manufacturers tout apps that help users switch from iPhones  —  William Langley in Guangzhou and Gloria Li in Hong Kong

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In recent months, several companies like Airtable, Handshake, and Opendoor have announced that they are "refounding", as they scramble to add new AI features (Lora Kelley/New York Times)

Lora Kelley / New York Times:
In recent months, several companies like Airtable, Handshake, and Opendoor have announced that they are “refounding”, as they scramble to add new AI features  —  In the age of artificial intelligence, some company leaders are framing new business lines as radical reboots.

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Digital asset treasuries, one of the hottest trends in public markets in H1 2025, saw a dramatic reversal in H2; SharpLink stock has fallen 86% from its peak (Monique Mulima/Bloomberg)

Monique Mulima / Bloomberg:
Digital asset treasuries, one of the hottest trends in public markets in H1 2025, saw a dramatic reversal in H2; SharpLink stock has fallen 86% from its peak  —  What began the year as one of the best trades in the stock market has, in a matter of months, turned into one of the worst.

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