Microsoft to lay off 9,000 workers in latest rounds of cuts
July 03, 2025
The tech giant said several divisions would be impacted without giving specifics. This is the fourth round of lay-offs this year. In May, Microsoft said it would slash 6,000 jobs.
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Meter raises $170 million in Series C funding
June 30, 2025
Meter delivers reliable, secure and scalable internet, Wi-Fi, and cellular connectivity for the enterprise. The company built networking infrastructure from the ground up: enterprise hardware, firmware, software, deployment operations and support
Trump's first onshoring win isn’t the iPhone – it's the AI server
June 12, 2025
As Nikkei Asia reports in a new investigation, the US is quietly assembling a domestic supply chain for one of the most complex machines in the world: the AI server. And while Apple has resisted political pressure to move iPhone production onshore, a host of data centre suppliers – including Foxconn, Wistron, TSMC and SK Hynix – are rapidly expanding their US footprint to serve customers like Nvidia, Microsoft and Amazon.
Microsoft to invest $400 million in Switzerland on AI, cloud computing
June 03, 2025
Microsoft’s commitment includes expanding its cloud and AI infrastructure, empowering Switzerland’s startup and SME ecosystem, developing AI skills and digital competencies, and strengthening Switzerland’s role as a global hub for responsible AI governance.
SCI raises $3.3M to develop security-enhanced microcontroller
May 30, 2025
CHERI, which stands for ‘capability hardware enhanced RISC instructions,’ aims to protect against cyber attacks that use software memory misallocation, buffer over flows and other memory hacks.
Dubai’s du announces $540M hyperscale data center deal with Microsoft
May 27, 2025
The hyperscale data center will have Microsoft as the main tenant and its capacity will be delivered in tranches.
Israeli quantum computing firm Classiq raises $110 million
May 19, 2025
This investment brings Classiq’s total funding to USD 173 million, positioning the company to meet growing demand by significantly scaling its go-to-market, customer success and R&D teams.
Data center builder CoreWeave signs $4B deal with OpenAI
May 16, 2025
Nvidia-backed CoreWeave also said it is looking to spend over USD 20 billion this year on AI infrastructure and data center capacity, amid booming demand from clients.
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.
Europe’s patent landscape: stable, but no breakthrough
April 25, 2025
In 2023, the European Patent Office (EPO) received a record number of patent applications from companies, research institutions, and individual inventors alike — a total of 199,275. So, did 2024 break that record? Not quite. Still, the data shows that innovation activity in Europe remains at a consistently high level.
Meta plans nearly $1 billion data center project in Wisconsin
April 07, 2025
According to a report by Bloomberg, Wisconsin struck a deal with the social media giant to develop a data center in the US state with an expected investment of $837 million spread out across years.
OpenAI raises record $40 billion in SoftBank-led round
April 01, 2025
SoftBank said it would fund OpenAI with USD 10 billion in mid-April and another USD 30 billion in December, subject to the AI firm transitioning to for-profit by the end of the year.
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.
UAE pledges $1.4 trillion US investment, says White House
March 24, 2025
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.
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.
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.
Supply chain reset – from excess to equilibrium
February 27, 2025
The global electronic component supply chain is expected to transition from excess inventory to a more balanced demand environment in 2025, according to a recent report from independent distributor Fusion Worldwide.
Qualcomm sales top estimates amid strong smartphone demand
February 06, 2025
Qualcomm forecast a sales range with a midpoint of USD 10.75 billion and adjusted profits of USD 2.80 per share, both above analyst estimates, according to data from LSEG.
Arm names Eric Hayes as EVP of operations
January 17, 2025
Arm Holdings has appointed Eric Hayes as executive vice president of Operations with immediate effect. He will lead the coordination of end-to-end execution of operational activities across multiple products and solutions and report to Arm CEO Rene Haas.
TSMC's 2024 annual revenue is an all-time record
January 13, 2025
Taiwan Semiconductor Manufacturing Company (TSMC) has recorded total revenue of USD 90 billion for 2024. It's the firm's highest annual sales total since it went public in 1994.
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.
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.
Goldman Sachs takes $900 million hit on Northvolt
November 25, 2024
The Goldman Sachs private equity funds, together the 2nd-largest shareholders in Swedish battery maker Northvolt, are set to write down their $896 million investment to zero by year end, FT reports.
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.
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.
Nvidia dethrones Apple as world’s most valuable company
October 28, 2024
Nvidia’s stock market value briefly reached USD 3.53 trillion, a little above Apple’s USD 3.52 trillion. The surge in its market value is driven by demand for its chips, the gold standard for AI.
Is Tesla in talks with SK Hynix for $725 million eSSD order?
October 28, 2024
Tesla has pledged to invest USD 10 billion every year in building its AI supercomputer, Dojo, for which the US carmaker needs fast and large capacity drives to improve the system’s efficiency.
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.
Qualcomm may be looking to acquire parts of Intel’s chip design units
September 06, 2024
No formal move to approach Intel has been made yet and Qualcomm’s plans are not in a final stage, the Reuters report says.
Nvidia gets subpoena from US Department of Justice
September 04, 2024
Last month, the DoJ launched a probe into the company after competitors complained that it had abused its market dominance.
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