A look at Shanghai’s status as China’s chip hub: SMIC and SMEE making 14nm and 90nm chips, ~$36.95B market size in 2021 or ~25% of China’s total, and more (Jiaxing Li/South China Morning Post)

Che Pan / South China Morning Post:
SMIC reports Q3 revenue up 34.7% YoY to $1.91B, with net profit up 54.1% YoY to $574.4M, and expects Q4 revenue to decline by 13% to 15% due to US sanctions  —  Semiconductor International Manufacturing Corp (SMIC) said it is assessing in more detail the impact from the latest US export control measures …

Todd Spangler / Variety:
Denmark-based Podimo, a subscription service for podcasts and audiobooks, raised €58.6M led by 83North, Highland, and Saban, bringing its total funding to €162M  —  Listen up: Podimo, the Denmark-based subscription service for podcasts and audiobooks, said it secured €58.6 million …

Sabrina Ortiz / ZDNet:
Google signs a cooperative research and development agreement with the NIST to develop new nanotechnology and semiconductor devices with open-source designs  —  Chips used to develop new nanotechnology and semiconductor devices oftentimes have a large price tag, posing a big obstacle for innovation.

Max A. Cherney / Protocol:
Nvidia and AMD say the US imposed export restrictions on chips used for AI applications to Russia and China, affecting chips like Nvidia’s A100 and AMD’s MI200  —  The U.S. has begun to impose fresh restrictions on exports of advanced chips necessary for AI-related applications to Russia and China …

Kyle Wiggers / TechCrunch:
Vic.ai, which offers an accounting automation service, raised a $52M Series C led by GGV Capital and ICONIQ Growth, bringing its total funding to $115M  —  AI is an imperfect technology, but one task at which it excels is identifying patterns in vast amounts of data.

Taryn Plumb / VentureBeat:
Cloudbrink, which offers networking tools to help secure hybrid workforces, emerges from stealth with $25M led by Highland Capital Partners and The Fabric  —  Hybrid work wasn’t just a mini-trend or a temporary solution amidst the pandemic: It has fundamentally transformed the workplace — and dramatically broadened the attack surface.