All articles by Swagath Bandhakavi

Swagath Bandhakavi

AI companies secure at least $52bn in global VC funding during Q1 2025

The surge was led by OpenAI’s $40bn raise, with AI firms including Anthropic, Infinite Reality, and Groq securing eight of the 10 largest global VC deals in Q1 2025.

OpenAI expands ChatGPT capabilities with launch of o3 and o4-mini models

The models are built to handle tasks across text, code, data, and image inputs by independently selecting and using integrated tools.

GenAI adoption nearly doubles to 22% in global professional services, report shows

The study by Thomson Reuters found that 89% of corporate professionals saw GenAI use cases, but 64% had no formal training, highlighting a gap between awareness and application.

ASML holds full-year guidance despite macro risks and US trade tariffs

The Dutch firm maintained its €30bn–€35bn full-year revenue forecast while warning that rising trade tensions and new US tariffs could disrupt demand in the coming quarters.

Researchers identify new ResolverRAT cyber threat affecting global healthcare organisations

ResolverRAT malware is deployed via phishing emails and executes entirely in memory, bypassing conventional endpoint security detection methods.

South Korea boosts chip industry funding to $23bn in response to global tariff risks

The updated package allocates KRW20 trillion ($14bn) in financial support, up from KRW17 trillion ($12bn), to assist domestic chipmakers including Samsung Electronics and SK hynix.

Microsoft confirms purposeful creation of inetpub folder in recent update

Initially, the folder was believed to be an error linked to the Windows 11 KB5055523 update and similar updates for Windows 10.

Trump set to announce new tariff rates on imported semiconductors

The upcoming announcement indicates that the prior exemptions for smartphones and computers from tariffs on Chinese imports might soon be revoked as part of a strategy to restructure trade in the semiconductor industry.

Cyber breaches fall to 43% of UK businesses, but cybercrime remains high

Around 283,000 UK businesses and 29,000 charities faced at least one cyber crime in the past year, the 2025 Cyber Security Breaches Survey found.

TSMC Q1 revenue climbs 42% to $25.6bn amid AI chip demand

The Taiwanese firm’s first-quarter revenue marginally surpassed analyst forecasts, landing within its earlier projected range of $25bn to $25.8bn.