Cloud

Blackstone To Invest £10bn For Blyth AI Data Centre

Blackstone to invest £10 billion in data centre in England's north east, at proposed site of Britishvolt battery factory

2 months ago

Intel To Spin Off Foundry Unit As Independent Subsidiary

Turnaround latest. Intel Foundry to become independent subsidiary, while chip factory construction in Germany and Poland will be paused

2 months ago

Intel, AWS To Collaborate On AI Chip In Major Win

AWS to work with Intel on designing, manufacturing AI data centre chip in significant win for Intel manufacturing business

2 months ago

Government To Classify UK Data Centres As Critical Infrastructure

Data centres in the UK are to designated as Critical National Infrastructure (CNI), alongside energy and water systems

2 months ago

LUMI – The Most Powerful Supercomputer In Europe

Silicon tours the facilities housing Europe's most powerful supercomputer, and the fifth most powerful supercomputer in the world

2 months ago

AWS To Invest £8 Billion In UK, Amid Cloud AI Expansion

Government touts £8 billion investment in UK by Amazon Web Services (AWS), to support estimated 14,000 jobs

2 months ago

AI Data Centre Boom ‘Driving Huge Rise In Emissions’

AI, cloud data centre expansion to produce 2.5 billion metric tonnes of emissions through end of decade, finds Morgan Stanley…

3 months ago

Intel To Present Board With Strategic Options – Report

Troubled chip giant Intel is reportedly working with bankers and other advisors to present strategic options to board of directors

3 months ago

Google Mulling ‘Hyperscale’ Vietnam Data Centre – Report

Alphabet's Google is reportedly considering building a 'hyperscale' data centre in Southern Vietnam, and opening an office

3 months ago

Intel Questioned By US Senator Over Job Cuts After $20bn Grant, Loans

Intel CEO questioned by republican senator on 15,000 job cuts, after chip giant being awarded $20bn US grant

3 months ago

Shares In Nvidia Fall, Despite Record Profits, Sales

Nvidia announces $50 billion stock buyback after impressive Q2 financials, but shares slip despite strong demand for AI chips

3 months ago

Chip Veteran Resigns From Intel’s Board, Amid Turnaround Plan Clash

Semiconductor and venture capital veteran Lip-Bu Tan resigns from Intel's board of directors, amid reports of turnaround plan clash

3 months ago

Meta To Use Geothermal Power In US Data Centres

Data centre power. Facebook owner Meta Platforms signs deal to purchase geothermal power from Sage Geosystems

3 months ago

AMD To Buy Server Maker ZT Systems Amidst AI Battle

AMD plans to retain 1,000 engineers from acquisition of ZT Systems to help it more rapidly roll out AI GPU-based…

3 months ago

China To Limit Export Of Another Critical Mineral

Tit for tat. Beijing is to impose export limits on the strategic metal antimony and related elements due to “national…

3 months ago

Cisco Confirms Second Round Of Major Job Cuts In 2024

Second round of layoffs in 2024, as Cisco confirms it will axe a further 7 percent of its workforce or…

3 months ago

Intel Sells Stake In British Chip Designer ARM

Amid its turnaround struggles and job cuts, Intel sells its 1.18 million share stake in UK chip designer ARM Holdings

3 months ago

Dell Begins Fresh Round Of Job Losses, Amid AI Move – Report

More job losses for tech sector as reports suggest Dell is cutting as much as 10 percent of global workforce,…

3 months ago

UK Watchdog Clears HPE’s Acquisition Of Juniper

British competition regulator, the CMA, clear's HPE's $14 billion acquisition of Juniper Networks a week after EU approval

3 months ago

Intel Sued By Shareholders After Dividend Suspension, Stock Price Crash

Shareholders alleged being blindsided after Intel's weak Q2 results, job losses, dividend suspension, triggered share price plunge

4 months ago

Microsoft, CrowdStrike Hit Back At Delta’s Compensation Bid

Delta's old infrastructure blamed for its long recovery from global IT outage that resulted in over 6,000 cancelled flights

4 months ago

Amazon Shares Plummet On Slowing Sales

Amazon shares sink after it reports slowing sales amidst consumer bargain-hunting and competition from China's Temu and Shein

4 months ago

Google Project Astra: The AI Assistant We Have Been Waiting for?

Google's latest AI innovation, Project Astra, promises to redefine our interaction with technology. Could Astra be the breakthrough AI assistant…

4 months ago

Government Shelves £1.3 Billion UK Tech, AI Plan

Labour government shelves £1.3bn of funding promised by the Conservatives for tech and artificial intelligence projects

4 months ago

Intel To Cut 15 Percent Of Workforce, Suspends Dividend

Shares in Intel plummet over 20 percent after chip giant confirms thousands of job losses and suspends dividend payments

4 months ago

EU Approves Hewlett Packard Enterprise’s $14bn Juniper Acquisition

European Commission approves HPE's $14 billion acquisition of Juniper Networks, leaving the UK the last remaining obstacle

4 months ago

US To Exempt Allies From Expanded China Chip Equipment Export Rules

Biden administration reportedly will exempt certain allied countries from tougher chip equipment export rules to China

4 months ago

Intel To Cut Thousands Of Jobs – Report

Another round of layoffs reportedly on the cards for staff at Intel, in an effort to rebound from earnings slump

4 months ago

Microsoft Expected To Report 31 Percent Azure Growth Amidst AI Pressure

Microsoft expected to report 31 percent growth in Azure cloud unit as it faces pressure from investors to justify billions…

4 months ago