Microsoft lays off 6,000 people or 3% of its workforce
May 14, 2025
Microsoft employed 228,000 full-time workers as of June 2024. Of these, about 55% were in the US. The new job cuts will be its biggest since early 2023, when the company cut 10,000 jobs, or 5% of its workforce.
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Google unveils pioneering geothermal plant initiative for Taiwan
April 22, 2025
Google has released details of a 10MW geothermal energy plant to fuel AI chip production in Taiwan, signaling an enormous green innovation.
Samsung’s AI robot Ballie paired with Google Cloud’s Gemini
April 11, 2025
Ballie, a home AI companion robot from Samsung, will use Google Cloud’s generative AI tech Gemini’s multimodal capabilities along with proprietary Samsung language models to process and understand a variety of inputs.
Quantum computing startup PsiQuantum ‘is raising $750M’
March 25, 2025
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.
Top 10 IC design houses See 49% YoY growth in 2024
March 18, 2025
TrendForce reports that the combined revenue of the world’s top 10 IC design houses reached approximately USD 249.8 billion in 2024, marking a 49% YoY growth. The surge is largely attributed to the booming AI industry, with Nvidia dominating the market.
Honor pledges $10 billion investment in AI over 5 years
March 03, 2025
The Chinese smartphone maker wants to expand from being mainly a smartphone firm and develop a system of AI-powered PCs, tablets and wearables, its CEO James Li said.
Amazon unveils its first quantum computing chip Ocelot
February 28, 2025
Quantum research is an important emerging field, and countries like the US and China have been investing heavily in it. Tech giants are also in the race to get ahead in the experimental technology.
Humanoid robots to become the next US-China battleground
February 25, 2025
Governments worldwide are ramping up investments in robotics R&D as labour shortages and rising costs persist. TrendForce reports that China, Japan, the US, South Korea, and Germany have consistently ranked among the top five countries for industrial robot installations and are expected to continue executing over USD 13 billion in related projects by 2025.
SoftBank nears deal to acquire chip firm Ampere
February 06, 2025
The deal under discussion could be valued at USD 6.5 billion, including debt, and an announcement in this regard is possible in the next few weeks, according to Bloomberg.
AI chips to drive semiconductor industry in 2025: VanEck
February 03, 2025
Exchange-traded fund provider VanEck believes 2025 is set to be another “transformative year” for the semiconductor industry.
imec spin-off, Vertical Compute raises €20 million
January 15, 2025
Vertical Compute, founded by CEO Sylvain Dubois (ex-Google) and CTO Sebastien Couet (ex-imec), has closed a seed investment round of EUR 20 million.
Rapidus targeting 2nm chip production for Broadcom
January 13, 2025
Fresh reports say Japanese foundry Rapidus will begin trial production of 2nm chips in April 2025, and has Broadcom lined up as its first major customer.
Omdia bets on Foxconn becoming world’s largest server vendor
December 19, 2024
Fuelled by skyrocketing demand for AI-optimised servers from major US cloud providers, Foxconn's ODM direct business will experience exponential growth in 2024, securing the top rank in Omdia's global server market analysis.
Liquid AI raises $250 million in early-stage funding
December 16, 2024
The funding round was led by chipmaker Advanced Micro Devices (AMD), which is also the Cambridge, Massachusetts-based startup Liquid AI's strategic partner.
Tech firms to act as US ‘gatekeepers’ for AI chips
December 16, 2024
The companies would have to comply with strict requirements, which includes reporting key information to the US government and blocking Chinese access to AI chips, according to a Reuters report.
Are Nvidia’s new AI chips facing overheating snag?
November 18, 2024
The Blackwell graphics processing units overheat when connected together in server racks designed to hold up to 72 chips, according to a report by the Information.
Nokia acquires Rapid technology and R&D unit
November 14, 2024
Finland's Nokia has acquired Rapid’s technology assets, including the world’s largest API hub used by thousands of active developers globally, and its research and development unit.
Is Apple in talks with Foxconn to build AI servers in Taiwan?
November 07, 2024
Though Foxconn is Apple’s biggest iPhone supplier, it also makes Nvidia’s AI servers, and sources told Nikkei it may have limited capacity to take Apple as a new server client.
Thailand approves $2 billion investment for data centres, PCB facility
November 07, 2024
Thailand’s Board of Investment approved two new data centre projects in Chonburi province, one from Quartz Computing, a subsidiary of Alphabet, and the other from a subsidiary of GDS IDC Services.
Oracle to invest $6.5 billion in cloud services centre in Malaysia
October 04, 2024
Big tech firms such as Microsoft, Nvidia, Google and ByteDance have announced billions of dollars worth of investments into Malaysia in the past year, with a focus on cloud services and data centers.
Alphabet to invest $3.3 billion in South Carolina data centers
September 27, 2024
The new Dorchester County facilities represent a USD 2 billion investment and will create 200 new operational jobs, while the search engine giant will invest USD 1.3 billion in Berkeley County.
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SK hynix hints at new HBM product with 30 times higher performance
August 23, 2024
TrendForce predicts that the HBM industry will become more customization-oriented, breaking away from the standard DRAM framework.
AI data center chip demand to reach $151bn in 2029
August 06, 2024
The current hypergrowth in GPUs and other accelerator chips for AI in the cloud and the data center will eventually slow down but not until it has transformed the industry, according to research from Omdia.
Rebellions closes $15m Series B extension round
July 29, 2024
South Korea's fabless AI chip startup Rebellions has secured new investment to add to the USD 225 million it has raised to date.
Indkal secures $36m to boost electronics production
June 17, 2024
Bengaluru-based Indkal has completed its first funding round and says it will now expand its product offerings, invest in R&D and strengthen its sales network.
AI chip firms Rebellions and Sapeon to merge
June 14, 2024
South Korean artificial intelligence semiconductor companies Rebellions and Sapeon Korea have finalised plans to become a single entity.
Global AI chips revenue to grow 33% in 2024
May 30, 2024
Gartner says that revenues from AI semiconductors globally are expected to total USD 71 billion in 2024, an increase of 33% from 2023.
Fabless startup MetisX secures $44m in Series A funding
May 20, 2024
The South Korean firm has now raised more than USD 50 million since 2022 to accelerate its vision of a data-centric approach to next-gen memory chip design.
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