US chipmaker AMD confirms big investment in India, plus construction of largest design centre, as New Delhi continues charm offensive
TECHNOLOGY POWERING BUSINESS
News investment
Salesforce Invests $4 Billion In UK Amid AI Push
CRM giant Salesforce confirms it will invest $4bn in its UK business over the next five years, in the face of strong demand for AI
Elon Musk Touts Significant India Investment By Tesla
India has more promise than any other large country in the world, says Elon Musk after meeting Indian PM Modi
Apple Doubles Investment In Carbon Removal Fund
Investment by Apple of another $200 million in the ‘Restore Fund’, to remove carbon emissions and support sustainable forestry
Foreign Cash Flows Into China On Alibaba Breakup Plan
Foreign investment in China surges after Alibaba announces breakup plan, as investors see sign of more business-friendly attitude from Beijing
Samsung To Spend $228 Billion On South Korean Chip Plant
South Korean government announces 'world's largest' chip complex near Seoul. Samsung says it will spend $228 billion
Tesla To Invest $3.6 Billion In Nevada Expansion
Multi billion dollar investment will add two factories to Tesla's Nevada Gigafactory complex for battery and semi electric truck production
Meta Shareholder Urges Job Cuts, Metaverse Spending Reduction
Investor says Meta has too many staff, and must reduce its hefty investment in metaverse tech in order to regain mojo
US Says Private Investment Boosts EV Charger Manufacturing
US says private companies investing more than $700m to expand domestic electric vehicle charger manufacturing capacity after $7.5bn subsidy package
Sky Backs £100m Fund For Climate Tech
British Media group Sky backs £100m Planet Fund for start-ups developing climate-related technology as London Tech Week brings focus to UK tech sector
Samsung To Create 80,000 New Jobs, Plans $356 Billion Investment
South Korean electronics giant Samsung says it will create 80,000 jobs, and will sink a $356 billion investment into the firm
Google To Invest $9.5 Billion In US Offices, Data Centres In 2022
CEO Sundar Pichai confirms hefty spending plans for Google in 2022 in the United States, which includes new offices and data centres
AWS To Spend £1.8bn On UK Data Centres
Amazon Web Services is to spend close to £2 billion in the UK over next two years on data centre infrastructure, skills and renewable energy
Crypto Giant Binance To Take $200m Stake In Forbes
Giant cryptocurrency exchange Binance to take $200m stake in Forbes as media firm plans $630m listing in New York through blank-cheque company
Intel Says Ohio Site Could Become World’s Biggest Chip Plant
Intel chooses Ohio site for manufacturing investment that could grow to $100bn over ten years, but ties scale and speed to US subsidies
Google To Invest $740 Million After Australia Clash
Clash that saw Google threaten to withdraw services from Australia altogether, to be settled with fresh investment in the country
Intel May Invest 80 Billion Euros For Two Chip Fabs
CEO Pat Gelsinger says Intel could invest as much as 80 billion euros ($95bn or £69bn) in Europe to expand chip production
SAP Invests £216m In UK, Opens Offices In London, Manchester
Germany's most valuable company (SAP) is to invest £216m in the UK for the SAP UK Data Cloud, as well as open new offices
Intel To Invest $3.5bn To Expand New Mexico Factory
Chip giant Intel is to ramp up its manufacturing capability at its New Mexico factory, and will add 3D packaging manufacturing capabilities
Apple To Build $1 Billion Campus In North Carolina
As part of a $430 billion investment over five years in the US, Apple is to build a new campus for AI research and software engineering
Microsoft Invests In GM’s Cruise For Self-Driving Future
Software giant confirms it is part of a $2 billion investment in GM's Cruise self-driving unit, which will utilise Azure going forward
BT Suspends Dividend To Funnel Investment Into FTTP Broadband, 5G
For the first time in a decade BT suspends its dividend to free up cash for investment in fibre to the premise (FTTP) broadband and 5G
Regulator Gives Green Light To Amazon’s Deliveroo Stake
Competition and Markets Authority gives provisional approval to £460m investment round after warning Deliveroo likely to collapse without new funds
Google To Spend Billions On US Data Centres
Alphabet CEO Sundar Pichai confirms plan to spend $10 billion in 2020 on Google data centres and offices across the United States
Nokia Cuts Jobs As It Ramps Up 5G Investment
Finnish equipment maker Nokia pledges to increase its investment in developing 5G technology, but at the same time confirms 180 job cuts
Government Invests £36m To Bolster Chip Cyber Defence
Additional £36 million in funding as government teams up with chip designer ARM to bolster chip level cyber security for businesses
Samsung Display Confirms Plans For $11 Billion Screen Investment
Despite a global oversupply of screens, Samsung confirm plans to plough huge investment into production of more advanced displays
Top UK Quantum Computing Experts Depart For Silicon Valley ‘To Access Funding’
Relative lack of available capital and expertise in Europe drives well-known names in quantum photonics to seek backing elsewhere
Oxford University Gets £150m Investment For AI Ethics
University's largest ever donation from American billionaire will fund research into AI ethics
China Warns Of UK Investments, If Huawei Is Banned
Ban on Huawei “sends a very bad signal” to other Chinese firms looking to invest in UK, ambassador warns