Troubled chip giant Intel will invest more than $28 billion to construct two new chip factories in Ohio, to take fight to TSMC
News Enterprise
CMA Begins Probe Into Alphabet Partnership With Anthropic
UK competition regulator begins phase one investigation into Alphabet's partnership with AI startup Anthropic
Nigerian Court Orders Release Of Binance Executive
After charges are dropped, Nigerian court orders the release of Binance executive Tigran Gambaryan who is poor health
Sophos Expands Cybersecurity With $860m Secureworks Purchase
Second time Secureworks is acquired, after UK's Sophos says it will buy the US cybersecurity firm for $859m (£662m) in cash
Former OpenAI Mira Murati Raising Capital For New AI Startup – Report
Cos the world needs another AI startup. Former CTO at OpenAI, Mira Murati, reportedly fund raising for her new AI startup
Worldcoin Rebrands To World Network, Ramps Up Iris Scanning
Sam Altman's Worldcoin rebrands itself as pledges to ramp up its controversial iris-scanning crypto project
Microsoft Settles Gamer Lawsuit Over Activision Purchase
Gamers who sued Microsoft to halt its purchase of Activision Blizzard have agreed to the dismissal of their lawsuit
Schneider Electric Bolsters Data Centre Credentials With Motivair Acquisition
A controlling stake in data centre cooling firm Motivair has been acquired by industrial giant Schneider Electric
Fisker Unable To Migrate EV Data To New Owner’s Server
Firesale buyer files emergency objection, after bankrupt Fisker states it cannot transfer vital EV data to new servers
Canadian Crypto Expert Denies He Is Satoshi Nakamoto
After HBO documentary names Canadian crypto expert Peter Todd as Bitcoin inventor – but he denies he is Satoshi Nakamoto
Ubisoft Shares Skyrocket On Buyout Speculation
Shares in game developer Ubisoft surge after report Guillemot family and China's Tencent considering taking company private
Mark Zuckerberg Overtakes Bezos To Become Second-Richest Man
Billionaire battle. Meta's boss Mark Zuckerberg overtakes Jeff Bezos to become the world’s second richest man
Microsoft Invests €4.3 Billion In Italy For AI, Cloud
Data centre and AI spending spree continues over at Microsoft, with Italy earmarked for €4.3 billion investment
ChatGPT Maker OpenAI Raises $6.6bn In Funding
OpenAI closes $6.6bn funding round from big name backers, but reportedly asks them not to finance rival AI startups
X Value Down By 79 Percent Since Elon Musk Purchase
X shareholder estimates value of firm formerly known as Twitter, is down nearly 80 percent since Elon Musk takeover
International Tensions, AI Drive Record Chip Spending
AI, government efforts to boost domestic chip manufacturing expected to boost spending on chip tools to record levels
Musk Lashes Out At UK Government After Investment Summit Snub
Elon Musk criticises UK government after not being invited to next month's International Investment Summit over inflammatory posts
Government Nationalises One Of UK’s Last Semiconductor Factories
Saved from closure. Ministry of Defence acquires chip factory in County Durham responsible for semiconductors for defence industry
Intel Rejects ARM Approach To Purchase Product Unit – Report
Not for sale. Intel rebuffs another acquisition approach, after ARM reportedly inquires about Intel's product division
OpenAI To Remove Non-Profit Control – Report
Restructuring plan for OpenAI's core business will turn it into a 'for-profit benefit corporation', amid funding drive
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
US DoJ Sues Visa For ‘Monopolising’ Debit Cards
Visa hit with lawsuit from US Department of Justice, over allegations of threatening merchants with high fees and paying off potential rivals
FTX’s Caroline Ellison Sentenced To Two Years In Prison
Caroline Ellison, former girlfriend of Sam Bankman-Fried, sentenced to two years in prison, despite testifying for prosecution in fraud trial
OpenAI Backers ‘Betting It Will Be Worth Trillions’
Venture capital firms participating in $6bn-plus OpenAI funding round betting start-up will be worth trillions, report says
Jony Ive Confirms Working With OpenAI’s Altman On Device
Former Apple designer Sir Jony Ive confirms working with OpenAI chief Sam Altman on AI device 'less socially disruptive' than iPhone
Trump Media Shares Fall To All-Time Low
Shares in Trump Media fall to all-time low on first day former president is entitled to sell his holdings in social media company
Qualcomm ‘Offers To Buy Intel’
Mobile chip giant Qualcomm approached Intel with an acquisition offer in recent days, Wall Street Journal reports
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
Microsoft’s Hiring Of Inflection AI Staff Does Not Meet EU Merger Thresholds
European Commission says Microsoft's hiring of Inflection AI's staff will not be investigated under EU merger rules
Intel ‘Lost PlayStation 6 Chip Bid To AMD’
Intel reportedly lost bid to design, manufacture PlayStation 6 processor to AMD in blow to troubled foundry business