A controlling stake in data centre cooling firm Motivair has been acquired by industrial giant Schneider Electric
TECHNOLOGY POWERING BUSINESS
News Enterprise
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
China Touts ‘Significant’ Advances In Chipmaking Tools
China's technology ministry says two upcoming chip manufacturing tools made 'significant breakthroughs', but still lag cutting edge
CMA Cites Higher Prices Post Vodafone, Three Merger, Demands Changes
OpenAI Valued At $150Bn In Funding Talks – Report
More cash required. Latest funding talks with investors reportedly values AI startup OpenAI at $150 billion
Former Girlfriend of FTX’s Bankman-Fried Seeks To Avoid Prison
Ahead of her sentencing later this month, former cryptocurrency executive Caroline Ellison, asks judge to spare her from prison
China Accused Of Poaching Talent Amidst Chip Plant Drive
Taiwan accuses mainland China of poaching chip talent, secrets amidst frenzied pending on chip equipment, factory construction
Nvidia Invests In Japan Start-Up Sakana AI
AI chip giant Nvidia invests in start-up Sakana AI in funding round that takes company to over $1bn valuation
Nvidia Market Value Hit By Historic Single-Day Drop
Nvidia market value sees biggest single-day decline on record for a US company, as investors pull back from AI speculation