Blackstone to invest £10 billion in data centre in England's north east, at proposed site of Britishvolt battery factory
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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
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
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
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
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
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 report
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
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
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
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
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
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
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 cloud systems
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 security”
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 roughly 6,000 jobs
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
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, or 12,500 staff
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
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
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
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
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 we've been anticipating? Explore how this cutting-edge development aims to transform our d ...
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
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
Microsoft Slowdown In Cloud Growth Worries Wall Street
Share price falls after investors react negatively, as Microsoft's Azure growth misses ambitious expectations
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