Wen-Yee Lee / Reuters:
Filing: TSMC sold its remaining 1.11M Arm shares at $207.65 per share for a total of ~$231M this week; TSMC invested ~$100M in Arm's 2023 IPO at $51 per share  —  Taiwan Semiconductor Manufacturing Co (2330.TW), the world's largest contract chipmaker, has sold its remaining stake in Arm Holdings …

Bloomberg:
Sources: China suspends issuing Level 4 autonomous vehicle licenses, after 100+ of Baidu's Apollo Go robotaxis stalled and disrupted traffic in Wuhan in March  —  China has suspended issuing new licenses for autonomous vehicles, according to people familiar with the matter …

Nikkei Asia:
Sources: Apple tells suppliers it will maintain its current production share in India rather than expand, after local sites struggled without China-based teams  —  PALO ALTO, California/TAIPEI — Apple's incoming CEO has a China problem: On the one hand, the iPhone giant is finally seeing sales rebound …

Seema Mody / CNBC:
Pentagon Digital and AI Chief Cameron Stanley confirms the DoD is expanding its Google Gemini use, saying “overreliance on one vendor is never a good thing”  —  Pentagon AI chief Cameron Stanley confirmed to CNBC that the Department of Defense is expanding its use …

Sofia Chierchio / Forbes:
New York-based Actively, which offers AI sales agents for account management, raised a $45M Series B co-led by TCV and First Harmonic at a $250M valuation  —  Actively AI has raised $45 million to scale up its AI sales agents, which can automate a chunk of the work reps typically do manually.