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Micron rejigs business units to highlight AI data center demand
18 Apr 2025

Micron rejigs business units to highlight AI data center demand

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

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

18 Apr 2025
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

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

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

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

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

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

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

16 Apr 2025
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

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

15 Apr 2025
Intel has agreed to sell a 51% stake in its Altera programmable chip business to buyout firm Silver Lake for $4.46 billion, in the first major move by new CEO Lip-Bu Tan to revive the struggling American chipmaker.
Navigation specialist TomTom beats quarterly revenue forecast on auto tech sales

Navigation specialist TomTom beats quarterly revenue forecast on auto tech sales

15 Apr 2025
Dutch digital mapping specialist TomTom reported on Tuesday a marginal rise in its first-quarter revenue, beating expectations, supported by a stronger-than-anticipated performance in its automotive location technology business.
Lucid to acquire select Arizona-based Nikola facilities and assets

Lucid to acquire select Arizona-based Nikola facilities and assets

14 Apr 2025
California-based Lucid Group on Friday said it will acquire select Arizona-based facilities and assets previously belonging to bankrupt electric and hydrogen-powered truckmaker Nikola Corp.
India's TCS says retail, travel clients more exposed to US tariff turmoil
14 Apr 2025

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

Clients of India’s Tata Consultancy Services in the retail, travel and automobile sectors are more exposed to fallout from U.S. tariffs and they may resort to cost-cutting if uncertainty persists, the company’s CEO told Reuters.
Google launches new Ironwood chip to speed AI applications

Google launches new Ironwood chip to speed AI applications

10 Apr 2025
Alphabet’s on Wednesday unveiled its seventh-generation artificial intelligence chip named Ironwood, which the company said is designed to speed the performance of AI applications.
Global trade war may produce headwinds for nascent AI sector, IEA says

Global trade war may produce headwinds for nascent AI sector, IEA says

10 Apr 2025
An escalating global tariff war could provide challenges for the emerging data centre sector and cause slower growth, Laura Cozzi, the International Energy Agency (IEA) Director of Technology told Reuters.
Lithuania fines Revolut 3.5 million euros for money-laundering prevention failures

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

09 Apr 2025
Lithuania’s central bank has fined Britain’s most valuable start-up, Revolut 3.5 million euros ($3.83 million) for failures in money-laundering prevention, the bank said on Monday.
Foxconn wants to work with Nissan on EVs, strategy chief tells Nikkei

Foxconn wants to work with Nissan on EVs, strategy chief tells Nikkei

09 Apr 2025
Foxconn wants to cooperate with Nissan but is currently not engaging with the Japanese automaker, an executive in charge of the Taiwan company’s electric vehicle business told the Nikkei newspaper in an interview published on Wednesday.

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