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29 Apr 2025

Sony considering chip unit spinoff, Bloomberg reports

Sony is considering a spinoff and listing of its semiconductor business as soon as this year, Bloomberg News reported, citing anonymous sources.

Indonesia minister says LG to invest another $1.7 billion in battery factory

29 Apr 2025

South Korea’s LG group remains committed to Indonesia and will increase its investment in a battery cell factory by $1.7 billion, raising total investment in the project to $2.8 billion, Indonesia’s investment minister said on Tuesday.

Alphabet climbs as AI bets drive ad strength, quelling market fears

28 Apr 2025

Alphabet shares jumped about 3% on Friday, after a solid earnings report from the Google parent showed investors that its bold bets on AI were fueling growth in the core advertising business, soothing some concerns around competition and tariff-related pressures.

Workers could save 122 hours a year by adopting AI in admin tasks, says Google

28 Apr 2025

Britain could gain 400 billion pounds ($533 billion) from AI-driven growth if it trained its workforce, Google said, after a pilot scheme in the UK showed workers could save more than 120 hours a year by using AI in administrative tasks.

Micron rejigs business units to highlight AI data center demand

18 Apr 2025

Micron Technology said on Thursday it is reshuffling its business segments to focus on the artificial intelligence-linked demand for its memory chips from large-scale cloud providers.

18 Apr 2025

Global Payments agrees $24.25 billion Worldpay deal as industry heavyweights shift focus

Global Payments has agreed to buy rival Worldpay from FIS and private equity firm GTCR for $24.25 billion in a three-way deal, sharpening its focus on merchant services in its race for big-business clients in a crowded payments market.

OpenAI's $500 billion Stargate venture weighs future UK investment, FT reports

17 Apr 2025

Stargate, a $500 billion U.S. data-centre project funded by SoftBank, OpenAI and Oracle, is weighing a future investment in the UK as it explores overseas locations to build out AI infrastructure, the Financial Times reported on Thursday.

ABB to spin off world's second biggest robotics business

17 Apr 2025

Swiss industrial group ABB on Thursday announced plans to spin off its robotics division in the biggest shake up at the company since it sold its power grids business to Japan’s Hitachi in 2018.

AI Talk: Propel your AI initiatives into new business opportunities

16 Apr 2025

From building modern infrastructures with vector databases and RDMA to securing your models against data poisoning, the panel unpacks what it really takes to get your AI agents working safely and effectively.

Fast-charging battery firm Nyobolt raises $30 million for expansion

16 Apr 2025

UK fast-charging battery technology company Nyobolt has raised $30 million to expand its business in autonomous warehouse robots and heavy duty vehicles and move into new markets including mainstream electric vehicles, it said on Wednesday.

16 Apr 2025

Exclusive-Nvidia kept some China customers in the dark about new US chip clampdown, sources say

Nvidia did not warn at least some major customers in advance about new U.S. export rules it was told about a week ago requiring it to obtain licenses to sell its China-focused artificial intelligence chip, according to two sources familiar with the matter.

Intel to sell majority stake in Altera for $4.46 billion to fund revival effort

News

Sony considering chip unit spinoff, Bloomberg reports

Indonesia minister says LG to invest another $1.7 billion in battery factory

Alphabet climbs as AI bets drive ad strength, quelling market fears

Workers could save 122 hours a year by adopting AI in admin tasks, says Google

Micron rejigs business units to highlight AI data center demand

Global Payments agrees $24.25 billion Worldpay deal as industry heavyweights shift focus

OpenAI's $500 billion Stargate venture weighs future UK investment, FT reports

ABB to spin off world's second biggest robotics business

AI Talk: Propel your AI initiatives into new business opportunities

Fast-charging battery firm Nyobolt raises $30 million for expansion

Exclusive-Nvidia kept some China customers in the dark about new US chip clampdown, sources say

Intel to sell majority stake in Altera for $4.46 billion to fund revival effort

Navigation specialist TomTom beats quarterly revenue forecast on auto tech sales

Lucid to acquire select Arizona-based Nikola facilities and assets

India's TCS says retail, travel clients more exposed to US tariff turmoil

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Lucid to acquire select Arizona-based Nikola facilities and assets

Siemens can make more acquisitions after Altair deal, exec tells paper

Volkswagen investment chief steps down from Northvolt board

Lithuania fines Revolut 3.5 million euros for money-laundering prevention failures

Delivery Hero to list Talabat business in Dubai in December

Exclusive-Huawei aims to mass-produce newest AI chip in early 2025, despite US curbs, sources say

Microsoft plans to invest $80 billion on AI-enabled data centers in fiscal 2025

Global Payments agrees $24.25 billion Worldpay deal as industry heavyweights shift focus

AI chip firm Cerebras partners with France's Mistral, claims speed record

Meta in talks to raise $35 billion for data center financing led by Apollo, Bloomberg News reports

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