Industrial Innovations

28 Mar 2025

Italian top government official seen joining STMicroelectronics supervisory board

Italy intends to appoint Marcello Sala, head of an economy ministry department that manages state-run firms and asset disposals, as a supervisory board member at chip maker STMicroelectronics, three sources said.

Exxon investing $100 million in facility to produce cleaning alcohol for chip industry

27 Mar 2025

Exxon Mobil said on Wednesday it will spend $100 million to upgrade its Baton Rouge, Louisiana, chemical plant to produce a highly pure form of isopropyl alcohol that is used in the tech industry to clean and process microchips.

Aurora plans for self-driving trucks in harsh weather ahead of commercial launch

26 Mar 2025

Aurora Innovation plans to allow its self-driving trucks to operate without a driver in inclement weather ahead of launching commercial trips this year in Texas, the company said on Tuesday.

Firefly Aerospace selects Blue Origin unit to explore volcanic formations on moon

25 Mar 2025

Firefly Aerospace has partnered with Blue Origin’s Honeybee Robotics to supply a rover for its third lunar mission in 2028 to study the Gruithuisen Domes, the Texas-based rocket maker said on Monday.

Exclusive-Quantum computing startup PsiQuantum raising at least $750 million, sources say

25 Mar 2025

Quantum computing startup PsiQuantum is raising at least $750 million at a $6 billion pre-money valuation, according to two people familiar with the matter.

19 Mar 2025

South Korea's SK On wins EV battery deal with Nissan

South Korean battery maker SK On said on Wednesday that it had won a deal to supply batteries for electric vehicles for Nissan Motor in the United States.

BYD unveils new super-charging EV tech, to build charging network in China

18 Mar 2025

BYD on Monday unveiled a new platform for electric vehicles (EVs) that it said could charge EVs as quickly as it takes to pump gas and announced for the first time that it would build a charging network across China.

Thailand approves $2.7 billion of investments in data centres and cloud services

17 Mar 2025

Thailand has approved 90.9 billion baht ($2.7 billion) worth of investments in data centres and cloud services, its investment board said on Monday, the latest additions to the country’s expanding tech sector.

Intel jumps nearly 15% as investors cheer appointment of new CEO Tan

14 Mar 2025

Shares of Intel closed 14% higher on Thursday, as Wall Street cheered its decision to name former board member Lip-Bu Tan as CEO, who left in August over differences about the chipmaker’s direction, after several years of market underperformance.

AI leading to faster, cheaper oil production, executives say

14 Mar 2025

Artificial intelligence is speeding up oil and gas drilling and prompting companies to take a second look at places they had viewed as too difficult or expensive to develop, executives detailed during the CERAWeek conference in Houston.

Intel's new CEO Lip-Bu Tan has a history as a successful underdog

13 Mar 2025