AMD plans to retain 1,000 engineers from acquisition of ZT Systems to help it more rapidly roll out AI GPU-based cloud systems
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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
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
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
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
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
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
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 spent on AI
Amazon Developing Cheaper AI Chips – Report
Engineers at Amazon's chip lab in Austin, Texas, are racing ahead to develop cheaper AI chips that are faster than Nvidia's
Wiz Rejects $23 Billion Acquisition Bid From Google – Report
Memo to staff from co-founder explains reason for walking away from Google's takeover bid, and confirms IPO intentions
Nvidia Said To Develop ‘Blackwell’ AI Chip For China
Nvidia said to be developing version of next-gen 'Blackwell' AI chip for China market as US mulls further export controls
Crowdstrike CEO ‘Deeply Sorry’ For Global IT Outage
George Kurtz, CEO of CrowdStrike, apologises for the global tech failure that disrupted multiple industries on Friday
OpenAI, Broadcom In Talks Over Development Of AI Chip – Report
Rebelling against Nividia? OpenAI is again reportedly exploring the possibility of developing its own AI processor
IT Spending Set For 7.4 Percent Growth In 2024 – Gartner
Good news for tech suppliers, after worldwide IT spending is forecasted by Gartner to grow 7.4 percent in 2024
Nvidia Completes Stock Split To Make Shares More Affordable
The 10-for-1 stock split at Nvidia has taken place, after the meteoric share price rise helped it become one of the most valuable tech firms
Nvidia Overtakes Apple As Second Most Valuable Tech Firm
Value of Nvidia continues to surge as it reaches $3 trillion market cap, making it the second most valuable tech firm
Microsoft Invests 4 Billion Euros In France For AI, Cloud
Global spending spree from Microsoft continues, with huge investment for new data centre to drive AI and skills in France
Microsoft Offering Relocation Out Of China For AI, Cloud Engineers
Hundreds of AI and cloud engineers are being offered relocation out of China by Microsoft, amid growing geopolitical tensions
SoftBank-Owned ARM To Develop AI Chips
SoftBank-owned UK chip design firm ARM Holdings to develop AI accelerator chips for data centres amidst investment boom
Microsoft Announces Big Investments In Malaysia, Indonesia, Thailand
Microsoft's AI investments continue in south east Asia, after investments in Japan, Malaysia, Indonesia, as well as Thailand
Intel Shares Sink As AI Surge Hits Chip Revenue
Intel shares sag after company shares gloomy revenue predictions, as data centre chip demand hit by priority for AI spending
Oracle To Invest More Than $8 Billion In Cloud, AI In Japan
Oracle's huge AI, Cloud investment in Japan will meet growing local demand and address digital sovereignty requirements
Google To Spend $1 Billion On Two Subsea Cables To Japan
US and Japan to be connected by two new subsea Google cables, amid possible AUKUS alliance expansion to include Japan
Google Unveils ARM-based AI CPU, Google Axion
Google announced first ARM-based CPU Google Axion, as well as upgraded TPU AI chips, but it won't be selling them to customers
Intel Unveils Latest AI Chip To Counter Nvidia
Nvidia AI chip challenger? Intel takes wraps off its latest artificial intelligence chip, called the Gaudi 3 AI accelerator
US Tightens AI Chip Export Restrictions To China
New restrictions online. Export rules of AI chips to China, announced last October, went into force late last week
McDonald’s International Outage Caused By Third Party
McDonald's says outage affecting thousands of locations across world caused by third-party tech provider carrying out 'configuration change'
Meta Sues Former VP, After Move To AI Startup
Former data centre VP is sued by Mark Zuckerberg's Meta, which alleged “brazenly disloyal and dishonest conduct”
Former Google Chinese Staffer Charged With Stealing AI Secrets
US arrest software engineer for allegedly stealing AI tech from Google, while secretly working for two Chinese firms
Amazon Web Services Plans Saudi Arabia Infrastructure Region
Amazon Web Services plans new infrastructure region in Saudi Arabia as country pitches itself as prospective hub for AI cloud apps