Bloomberg Tech

Pragmatic Semiconductor Ltd. is close to finalizing a £200 million funding round from investors including M&G’s Catalyst fund, Sky News reported.

Roche Holding AG’s lung cancer drug scored a big win against a standard therapy in a study this week. Now, the Swiss drugmaker is turning to artificial intelligence to find patients who can benefit.

Leaders and senior officials from the Middle East and Europe will meet in Cairo on Saturday in a bid to ensure aid supplies get into Gaza and prevent the Israel-Hamas war becoming a wider conflict.

Prime Minister Rishi Sunak was hoping his AI summit next month would bring heads of the most powerful nations face-to-face with executives to guard against the technology’s “catastrophic” potential. With less than two weeks to go, the guest list is thin on world leaders.

President Joe Biden said Hamas attacked Israel in part to stymie its efforts to normalize relations with Saudi Arabia, his most illuminating comments yet on the impetus for the crisis in the Middle East.

Taiwan has appointed Taiwan Semiconductor Manufacturing Co. founder Morris Chang as its special envoy to next month’s Asia-Pacific Economic Cooperation summit, where the presidents of the US and China are likely to meet for the first time in almost a year.

The US-led restrictions over advanced chipmaking equipment for Chinese firms will ultimately deter China’s efforts to develop an indigenous semiconductor industry, according to a senior American official responsible for enforcing export controls.

Amazon.com Inc. joined companies and investors bowing out of the upcoming Web Summit technology conference in Europe after the event’s leader made controversial comments about Israel.

Tether Holdings Ltd.’s Chief Technology Officer Paolo Ardoino is hardly crypto’s most well-known public figure. That may change when he takes over the reins of one of the sector’s most dominant businesses along with the $84 billion stablecoin it issues.

Hamas released two US citizens who had been held captive in Gaza. US and European officials have been pressing Israel to delay a ground invasion of the territory and allow time for talks aimed at freeing hostages. President Joe Biden later spoke to the two freed Americans, the White House said on Friday evening.