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Tata and JSW to spend $1bn building India’s way out of Chinese battery dependence

Battery, Business, Digital Marketing, Next Featured, SEO Tips, Technology /

The two conglomerates are funding separate R&D centres focused on next-generation battery chemistries and advanced EV systems. The investment is a hedge: both groups currently buy critical battery components from Chinese suppliers and want options when Beijing tightens export rules again. India’s two largest steel-and-everything-else conglomerates are putting close to $1bn behind a question that […]

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Amazon retreats from Singapore groceries, leans on cross-border instead

Amazon, Business, Digital Marketing, Next Featured, SEO Tips, Technology /

Amazon Fresh and the local fulfilment network shut on 6 July. A small number of Singapore roles go with them. AWS, retail, and Global Selling stay; the bet is that Singaporean shoppers want US, Japanese, and German catalogues, not local replenishment. Amazon is closing Amazon Fresh in Singapore and shutting down its local fulfilment operations, […]

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Silex Microsystems shares soar on Stockholm debut as MEMS foundry IPO clears at SEK 8.9bn EV

Business, Digital Marketing, Insider, SEO Tips, Technology /

The Bure Equity- and Creades-backed pure-play MEMS foundry priced at SEK 81 per share, with the offering oversubscribed several times. Cornerstone investors, including Capital Research, Fidelity, AFA, AP2, AP3, AP4, Swedbank Robur, and Carnegie, took roughly three-quarters of the deal. Silex Microsystems opened sharply higher on its Nasdaq Stockholm debut on Wednesday, with the chipmaker’s […]

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SpaceX files for a $55bn Texas semiconductor fab, with combined chipmaking investment reaching $119bn

Business, Digital Marketing, Insider, Next Featured, SEO Tips, Technology /

The Terafab project sits alongside the existing Bastrop packaging operation. Combined, the two facilities could anchor a $119bn Texas chipmaking footprint. SpaceX has not yet disclosed the process technology Terafab will run, or the construction timeline. SpaceX has filed paperwork for a semiconductor fabrication facility in rural Texas with a planned investment of approximately $55bn. […]

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Hut 8 signs a 15-year, $9.8bn lease for the first phase of its Texas AI data centre

Artificial Intelligence, Business, Digital Marketing, SEO Tips, Technology /

The Beacon Point lease, anchored by an unnamed investment-grade tenant, lifts Hut 8’s contracted AI capacity to 597 MW and $16.8bn in base-term value. The Bitcoin-miner-to-AI-landlord pivot is now substantially complete. There is a particular kind of corporate transformation that is supposed to take years, and Hut 8 has done it in roughly 18 months. […]

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Ametek to buy Indicor’s instrumentation businesses for $5bn, the largest CD&R partial exit of 2026

Business, Digital Marketing, Investors and funding, SEO Tips, Technology /

Clayton, Dubilier & Rice banks one of the cleanest mid-market industrial partial exits of 2026, three and a half years after carving the portfolio out of Roper Technologies. Ametek pays a full multiple for picks-and-shovels exposure to the AI-infrastructure trade. Ametek, the Pennsylvania-based scientific-and-industrial-instrumentation company, has agreed to acquire the test-and-measurement businesses of Indicor for […]

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