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Arm CEO René Haas confirmed at Computex that ByteDance and Oracle have joined Meta as customers for Arm’s own data-centre CPU, validating the company’s shift from licensor to silicon vendor. Arm chief executive René Haas confirmed at Computex on Monday that ByteDance and Oracle are among the customers using AGI, Arm’s first in-house data-centre CPU, […]
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Tilt’s $26M raise, the first Vinted Ventures cheque into a live-commerce platform, looks like a defensive move against the Whatnot expansion threatening Vinted’s European resale base. Tilt, the London-based live-auction app founded by two early Revolut employees, has raised $26m in fresh funding with Vinted Ventures joining as a new investor alongside existing backers TQ […]
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Vinted Ventures backs Tilt’s $26M live-commerce round as Whatnot pressure mounts Read More »
Alphabet is raising $80bn in equity, an unusually large sum for a company that has rarely needed to ask. The Google parent announced the plan on Monday to help fund what it called investment in world-class AI compute infrastructure to meet unprecedented customer demand, and the structure of the raise is as telling as the […]
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Alphabet to raise $80bn in equity to fund its AI spending Read More »
The Nvidia-backed AI video firm joins Anthropic and OpenAI in betting on London, citing customers including the BBC, Fremantle and WPP. Runway is making London its European headquarters and has pledged to put more than $200m into the UK’s AI ecosystem by the end of 2028, the company told CNBC on Monday. The New York […]
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Runway picks London for its European headquarters with a $200m UK pledge Read More »
Jensen Huang spent a portion of his Computex keynote reading out a guest list. Anthropic, OpenAI, SpaceX and Oracle, the Nvidia chief executive told the audience in Taipei on Monday, are among the first big users of Vera, the company’s new in-house processor. Nvidia, a firm that built its empire on graphics chips, would now […]
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NVIDIA names Anthropic and OpenAI among first users of its Vera chip Read More »
Modern chips have a measurement problem that sounds almost philosophical: they have become too complex to look at. As logic and memory devices stack into three dimensions and shrink to a few nanometres, the optical tools that check each layer can no longer resolve the structures buried inside. Invisix, an Eindhoven startup spun out of […]
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ASML spinout Invisix raises €20M to see inside the chips optics can’t Read More »
New Commerce Department guidance ties export-licence rules to where a company is headquartered, not where it sits, snaring the overseas units of Chinese AI firms. For about a year, there was a way around America’s toughest chip controls, and it was a matter of geography. A Chinese AI company barred from buying Nvidia’s best processors […]
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US moves to close the loophole letting Nvidia’s top chips reach Chinese firms abroad Read More »
European tech has a confidence problem that has little to do with its results. The companies are there, the exits are there, and yet the dominant story has long been one of catching up to Silicon Valley. Balderton Capital wants to change the register. On Monday it launched “Built in Europe,” a campaign backed by […]
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Revolut, Mistral and Wayve founders back Balderton’s ‘Built in Europe’ push Read More »
The fight over who makes the world’s chips is increasingly a fight over the parts of a chip nobody photographs. India has just landed one of them. Intel and 3D Glass Solutions have signed an agreement to build a roughly $3.3 billion substrate-manufacturing plant in the eastern state of Odisha, the government announced on Friday. […]
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Intel and 3DGS back a $3.3bn glass-substrate plant in India’s Odisha Read More »
The world’s largest sovereign wealth fund does not often pick a fight with a company it owns. When it does, the size of the holder makes the gesture hard to ignore. Norges Bank Investment Management, which runs Norway’s $2.3 trillion oil fund, will vote in favour of shareholder proposals calling for a human-rights review at […]
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Norway’s $2.3tn fund backs a human-rights review at Palantir Read More »