Kenya releases its brand-new AI strategy 2025-2030
Kenya aims to position itself as Africa’s leading AI power with its new initiative, AI Strategy 2025-2030.
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EnSilica secures key contract, opens second design centre in Brazil
The new design centre is in Campinas, São Paulo State, and complements the company’s Porto Alegre facility in Rio Grande do Sul, in southeastern Brazil.
TotalEnergies to invest $173M in battery storage in Germany
The six new battery storage projects totalling 221 megawatts will be commissioned next year and supplied by Total’s German subsidiaries SAFT and Kyon Energy.
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YES ships first VeroTherm Formic Acid Reflow tool to chipmaker
This represents the first equipment produced in India for advanced semiconductor applications like High Bandwidth Memory (HBM), which is critical for AI and High-Performance Computing applications.
Bridge DC secures $2.8 billion to fuel data centre expansion
The Bain Capital-backed hyperscale data center platform will leverage the funds to accelerate the development of hyperscale campuses in high-growth markets, including Malaysia, Thailand, and beyond.
BYD annual sales cross $100 billion, surging ahead of Tesla
Chinese EV maker BYD reported a 29% jump in sales from the previous year on deliveries of 4.27 million cars. By comparison, Tesla’s 2024 revenue was USD 97.7 billion.
Thermo Fisher launches solution to boost chip manufacturing
The seamlessly integrated system is designed to enhance productivity, increase yield and reduce operating costs for semiconductor manufacturers.
FRV Australia acquires 190 MW solar and BESS project in Victoria
The Axedale project will have a generation capacity of 140 MWac of PV solar energy and a battery storage system of 50 MW/100 MWh. The facility will power 80,000 homes in Victoria.
India ends import duty on items needed to make EV batteries, phones
India will exempt from import duty 35 items used to make EV batteries and 28 items used in mobile phone manufacturing. The move comes amid talks between India and the US to resolve tariff issues.
China to invest $138 billion in robotics, high-tech industry
In ten years, the country’s global share of industrial robot installations has risen from around one-fifth to more than half of the world’s total demand.
Schneider to invest over $700M in US to power AI growth
Coupled with previous investments in 2023 and 2024 to strengthen its North American supply chain, the French company's latest US planned investment will surpass USD 1 billion so far this decade.
Quantum computing startup PsiQuantum ‘is raising $750M’
PsiQuantum uses existing photonics technology at a facility run by GlobalFoundries in New York. In February, PsiQuantum said it had figured out how to manufacture quantum chips in large quantities.
FAMES Pilot Line launches open-access call for EU chip industry
Participants whose requests are selected will have access to FAMES technologies as they become available. Open-Access Calls will take place each spring through 2028.
PGE to invest $4.7 billion in battery storage projects
PGE, Poland’s largest power utility, aims to build 85 energy storage projects that will hike its storage capacity to over 17,000 megawatt hours and power 2.5 million households.
Infineon inaugurates new R&D hub in Gujarat
The centre in Ahmedabad will employ 500 highly skilled engineers and professionals over the next 5 years, focusing on advanced R&D for chip design and product software, among other fields.
Evertiq expands presence with key hires and new office space
Evertiq, first in electronics news and expo, is accelerating its growth by strengthening its presence in key European markets.
Xiaomi raises $5.5 billion in share sale amid EV push
Xiaomi is targeting its nascent EV business to propel growth and has raised its EV delivery target for 2025. The Chinese tech giant is also expanding the size of a planned second factory in Beijing.
Malaysia under US pressure to stem flow of Nvidia chips to China
Malaysia’s trade minister said the US wanted Malaysia to closely track the movement of cutting-edge Nvidia chips that enter the country amid suspicions that many are ending up in China, FT reports.
UAE pledges $1.4 trillion US investment, says White House
The investment framework “will substantially increase the UAE’s existing investments in the US economy in AI infrastructure, semiconductors, energy, and American manufacturing,” US officials said.
AI-driven weeding startup Harvested Robotics secures $580K
The Indian company’s AI-powered laser weeder reportedly attaches to tractors, using cameras and AI models to detect weeds and robotic actuators to eliminate them with high-power lasers.
Scotland’s chip packaging R&D centre receives $12 million
Hosted by the National Manufacturing Institute Scotland (NMIS), the new facility will form part of the University of Strathclyde’s Advanced Net Zero Innovation Centre (ANZIC).
TRENDE’s renewable energy initiatives get $7.2M boost
This capital infusion will accelerate TRENDE's growth initiatives, including the expansion of its solar and battery leasing service “Teraris,” and its peer-to-peer (P2P) energy trading platform.
iHub Robotics raises $520K to expand manufacturing
The Kerala-based startup has already exported its semi-humanoid robot, Tara Gen-1, to the UAE and Saudi Arabia.
Hero MotoCorp to acquire 32.5% stake in Euler Motors
Hero MotoCorp has entered the electric three-wheeler segment by investing USD 60 million in Delhi-based Euler Motors, which is operational in 30 Indian cities.
Nvidia to build quantum computing research centre in Boston
The Nvidia Accelerated Quantum Research Center, or NVAQC, will integrate leading quantum hardware with AI supercomputers, enabling what is known as accelerated quantum supercomputing.
€800M battery material plant to be built in Finland
Finnish Minerals Group and Beijing Easpring Material Technology have decided to start construction on a cathode active material (CAM) plant Kotka, Finland.
Second wave of AI factories set to drive EU-wide innovation
Austria, Bulgaria, France, Germany, Poland, and Slovenia will host the newly selected AI Factories, supported by a combined national and EU investment of around EUR 485 million.
SoftBank to acquire US chip designer Ampere in $6.5B deal
Carlyle Group and Oracle will sell their stakes in Ampere, which will operate as a wholly owned subsidiary of Japanese conglomerate SoftBank and keep its headquarters in Santa Clara, California.
India’s first commercial 20 MW BESS set to go live
The unit, being set up at the 33 KV substation of BSES Rajdhani Power Limited (BRPL), will boost power supply for around 100,000 residents in Kilokri, a densely populated area of South Delhi.
Infineon aims to double India workforce to 5,000 by 2030
However, the German semiconductor firm clarified that it has no immediate plan to set up a chip manufacturing plant in India.
DuPont names CEO for planned independent electronics company
Jon Kemp, President, DuPont Electronics & Industrial will take on the role as Chief Executive Officer and a member of the board of directors for the future independent public Electronics company that will be created following its intended spin-off from DuPont.
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