TSMC reports $3.9B Q1 profit, but slashes outlook for the year

TSMC reports $3.9B Q1 profit, but slashes outlook for the year

Taiwan Semiconductor Manufacturing Company (TSMC) beat analyst estimates after reporting its net profit almost doubled in the quarter that ended in March, and said it was hopeful to sustain momentum in the current quarter but slashed its industry and foundry outlook...
Chinese startup Rokid pitches COVID-19 detection glasses in U.S.

Chinese startup Rokid pitches COVID-19 detection glasses in U.S.

Thermal imaging wearables used in China to detect COVID-19 symptoms could soon be deployed in the U.S. Hangzhou based AI startup Rokid is in talks with several companies to sell its T1 glasses in America, according to Rokid’s U.S. Director Liang Guan. Rokid is among a...
Sprout.ai raises $2.5M to speed up insurance claims

Sprout.ai raises $2.5M to speed up insurance claims

Sprout.ai, an insurtech incubated at London’s Imperial College that is applying AI to insurance claims,, has raised $2.5 million in additional seed funding. Leading the round is Amadeus Capital Partners, with participation from Playfair Capital, and Techstars. Founded...
Taxfix raises $65 million for its mobile tax filing app

Taxfix raises $65 million for its mobile tax filing app

Berlin-based startup Taxfix has raised a $65 million Series C funding round. Index Ventures is leading the round with Neil Rimer joining the board. The company started its fundraising process before the coronavirus process and managed to sign all contracts a few days...