Nine EU countries led by the Netherlands push European Commission for follow-up to 2023 EU Chips Act to boost manufacturing
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Trump Says US Should Kill Landmark CHIPS And Science Act
After Trump administration reportedly sought to renegotiate existing CHIPS Act awards, Donald Trump says he now wants to scrap it
Google Invests $1 Billion in AI Startup Anthropic
More investment into OpenAI rival Anthropic, after Google reportedly makes fresh investment of more than $1 billion
UK Tech Struggling To Innovate Under Labour, Survey Finds
Ayming research finds British tech firms are struggling to source suitable funding and skills – prompting calls for more government support
Anthropic Nears Deal For $2 Billion Amazon Investment – Report
More funding for AI startup Anthropic, after report that Amazon is to pump in additional $2 billion (£1.6 billion)
US Awards Micron $6.1 Billion From US Chips Act
Biden administration awards $6.1 billion subsidy from US Chips Act for Micron's Idaho and and New York plants
GM Kills Cruise Robotaxi Business, After Funding Is Pulled
General Motors kills Cruise robotaxi ambitions, after halting funding for the loss-making autonomous vehicle unit
US Finalises $7.86bn Award To Intel Amidst Business Troubles
Biden administration to reduce Intel's $8.5bn preliminary award under Chips Act as company lays off 15,000 staff, delays investments
Northvolt Files For Bankruptcy Protection In US
Northvolt files for Chapter 11 bankruptcy protection in the United States, and CEO and co-founder Peter Carlsson steps down
Northvolt Appoints Restructuring Expert For Main Battery Plant
Restructuring expert appointed to oversea Northvolt's main facility in northern Sweden, amid financial worries
VW, Rivian Launch Joint Venture, As Investment Rises To $5.8 Billion
Volkswagen and Rivian officially launch their joint venture, as German car giant ups investment to $5.8 billion, depending on certain milestones
Latest Funding Round Values Start-Up Sierra AI At $4.5bn
Start-up Sierra AI, co-founded by former Salesforce co-chief Bret Taylor, sees valuation more than quadruple in new funding round
Former OpenAI Mira Murati Raising Capital For New AI Startup –...
Cos the world needs another AI startup. Former CTO at OpenAI, Mira Murati, reportedly fund raising for her new AI startup
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
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
OpenAI Valued At $150Bn In Funding Talks – Report
More cash required. Latest funding talks with investors reportedly values AI startup OpenAI at $150 billion
Apple, Nvidia In Talks To Join OpenAI Funding Round – Report
Big names in AI funding. Apple, Nvidia reportedly in talks to join a funding round in ChatGPT maker OpenAI
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
Elon Musk To Discuss $5 Billion xAI Investment With Tesla Board
Conflict of interest? Elon Musk to talk with Tesla board about making $5 billion Tesla investment in his other venture, xAI
Alphabet To Invest $5 Billion In Waymo Self-Driving Unit
Senior management at Alphabet confirm substantial additional investment in the Waymo self-driving division
Saudi Fund Invests In China’s Biggest AI Start-Up
Saudi Arabian investment fund Prosperity7 reportedly contributes to funding round for China's Zhipu AI as US tries to keep allies away
Elon Musk’s xAI In $6bn Funding Round Valuing It At $24bn
Elon Musk artificial intelligence start-up xAI concludes $6bn funding round valuing it at $24bn in coming weeks amidst heavy competition
Amazon Pumps Another $2.75 Billion Into Anthropic
Amazon completes its $4bn investment into AI firm Anthropic, after providing an additional $2.75bn in funding
Intel To Spend $100bn In US, After Biden’s $20bn Award
Big investment planned for US, after Intel wins nearly $20 billion in loans and funding from Biden Administration
UK Joins EU’s Chip Research Program
UK joins European Union's chip funding research scheme, pledging £35 million for EU's 'Chips Joint Undertaking'
Elon Musk Will Not Fund Candidates After Meeting Donald Trump
SpaceX CEO Elon Musk says he will not fund Joe Biden or Donald Trump in US Presidential election, after Trump meeting
Microsoft Investment In Mistral AI Prompts EU Scrutiny Calls
European lawmakers call for investigation after Microsoft this week made small investment in French startup Mistral AI
OpenAI’s Sam Altman Seeks Trillions To Overhaul Chip Industry...
Sam Altman reportedly seeking between $5 and $7 trillion to overhaul semiconductor industry to remove AI chip limitations
Disney To Take $1.5 Billion Equity Stake In Epic Games
Disney to collaborate with Epic Games on new content, and will sink a $1.5bn investment into the gaming giant
UK Government To Fund Two Semiconductor Research Hubs
Government to fund semiconductor research hubs in Bristol and Southampton, to help bring new chip tech to market