Techmeme: Cambridge, UK-based Camgraphic, which is developing graphene-based photonics chips for AI, HPC, autonomous cars, and other applications, raised a €25M Series A (Maya Dharampal-Hornby/Sifted)

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M.G. Siegler / Spyglass:

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Maya Dharampal-Hornby / Sifted:

Cambridge, UK-based Camgraphic, which is developing graphene-based photonics chips for AI, HPC, autonomous cars, and other applications, raised a €25M Series A — The money will be used to develop the startup's R&D operations in Pisa and establish a pilot manufacturing line in Milan

More: University of Cambridge and FinSMEs

Wency Chen / South China Morning Post:

Chinese chip equipment manufacturer SiCarrier debuted ~30 “domestically controllable” products at the Semicon China show, as China pushes for chip self-reliance — The equipment start-up kept a low profile until this week, when it unveiled about 30 new products at the Semicon China show

Bluesky: @kentindell

Bloomberg:

How Klarna's Walmart deal ahead of its IPO put long-simmering tensions between Klarna CEO Sebastian Siemiatkowski and Affirm CEO Max Levchin on public display — Even by Sebastian Siemiatkowski's standards, it's been a wild month. — The chief executive officer of buy now …

More: Affirm Holdings, Inc.

Manish Singh / India Dispatch:

Bernstein: AI could erode India's $350B services export sector as AI replaces entry-level engineers at “higher precision and speed” at a fraction of the cost — AI subscriptions replace Indian engineers at “higher precision and speed” — For decades, India's economic promise …

More: New York Times. X: @refsrc and @tweetinderkaul. LinkedIn: Sandeep Payal

Steven Sinofsky / Hardcore Software:

A look at the new, open-source Model Context Protocol for connecting LLMs to data sources and why its success depends on overcoming middleware challenges — There's a long history of “middleware” in our industry. Everyone wants it. There's always a hot one, but it rarely makes to the finish line and often disappoints.

X: @stevesi and @stevesi

Alex Riehl / BetaKit:

Waterloo, Ontario-based logistics software company Descartes Systems Group acquires 3Gtms, an Ohio-based transportation software vendor, for $115M in cash — Waterloo, Ont.-based multinational and logistics software company Descartes Systems Group has acquired Columbus, Ohio-based 3Gtms …

More: Descartes, FreightWaves, and FinSMEs

Ryan Gould / Bloomberg:

PE firm Clearlake agrees to acquire and take private Dun & Bradstreet, one of Wall Street's oldest data and analytics providers, for $7.7B including debt — The private equity firm will pay $9.15 per share in cash for Jacksonville, Florida-based Dun & Bradstreet, according to a statement Monday …

More: Dun & Bradstreet, Wall Street Journal, and Reuters

Taylor Telford / Washington Post:

How AI tools are causing problems and sowing distrust in both job hunting and hiring; a Polish cybersecurity startup says it almost hired a deepfake candidate — The proliferation of artificial intelligence tools and overreliance on software such as ChatGPT is making the job market increasingly surreal.

More: Digital Music News. LinkedIn: Katy Imhoff, Cathleen Quade, and Kari Naimon

Emma Beavins / Fierce Healthcare:

NYC-based Navina, which has developed an AI copilot for clinicians, raised a $55M Series C led by Goldman Sachs Alternatives, taking its total funding to $100M — Artificial Intelligence KLAS Research Goldman Sachs funding round — Clinician AI assistant company Navina has raised …

More: Navina, Modern Healthcare, CTech, MobiHealthNews, MedCity News, FinSMEs, HIT Consultant, Tech in Asia, and Business Insider

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