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Synopsys pulls back from chip fab software to chase AI design margins

Synopsys, the US chip design software giant, is preparing to walk away from the manufacturing control software that helps run the world’s semiconductor fabs, and to redirect the engineers behind it towards the far more lucrative business of AI chip design. The plan, reported by Reuters and attributed to six people briefed on the matter, is a pointed […]

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Google and RWE back Proxima Fusion in record €411mn round

Munich-based Proxima Fusion has raised €411mn ($468mn), the largest private fusion round Europe has ever seen and a rare vote of confidence in a technology that has yet to produce a watt of commercial power. The deal values the stellarator company at €2.4bn and brings in Google and German utility RWE as strategic backers. XTX Ventures and […]

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