Financial Conduct Authority, Bank of England publish proposals to bolster tech resistance of the financial sector
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News Datacentre
The most recent data centre news from TechWeekEurope. We cover energy efficiency servers, network and storage
IBM Unveils Heron Quantum Chip, Plus Quantum System Two
Next generation quantum processor dubbed 'Heron', and the modular IBM Quantum System Two unveiled by Big Blue
Microsoft To Invest £2.5 Billion To Bolster UK AI, Data Centres
Prime Minister and Chancellor welcome Microsoft's £2.5 billion investment to expand AI data centre infrastructure
Autumn Statement 2023: Tech Implications
Chancellor's Autumn statement for the tech industry focused on AI, quantum computing, R&D tax credits, and more
China Not A Focus For Microsoft, Says Satya Nadella – Report
Microsoft boss confirms Microsoft is fine avoiding China, amid the ongoing national security concerns with Beijing
Microsoft Unveils Two Customised Chips For AI
Two custom-designed chips will deliver AI services and will be used internally in Microsoft data centres and Azure cloud
How to Choose the Right Cloud Data Warehouse: What Your Business Needs to Know
Think about the data your business collects daily. Is your data dispersed over many siloes none of which can be connected. And critically, are you able to analyse this information for commercial insights enabling your business to innov ...
European IT Spending To Grow 9 Percent In 2024, Says Gartner
Gartner forecasts European IT spending to rise next year, with software and IT services segments to see the most growth
AI Safety Summit 2023: UK To Invest £225m For AI Supercomputer
UK government says it will invest £225m ($273m) for AI supercomputer as it seeks to bolster its AI credentials with US and China
Nvidia Shares Sink On Report Of $5bn China AI Chip Cancellations
Nvidia's shares tumble on report that it may be forced to cancel $5bn worth of AI chips destined for China under new US export restrictions
Nonprofit Plans To Lease 24,000 Nvidia H100 GPUs For AI
Nonprofit Voltage Park, backed by crypto billionaire Jed McCaleb, plans to lease Nvidia GPUs to ease shortage of AI training resources
Meta Profit Soars From Ongoing Strong Ad Spending
Meta Platforms beats expectations in its Q3 financials, helped by an ongoing uptick in digital ad spend and cost cutting measures
Alphabet Profits But Cloud Sales Disappoints
Share price drops after Google Cloud miss, overshadows better-than-expected results for Alphabet's third quarter
Microsoft Q1 Benefits From Cloud Strength
Microsoft beats Wall Street expectations in all categories for its first quarter financial results, helped by strong cloud performance
Microsoft To Invest Billions To Bolster Australian Cyber Defences
Microsoft to spend A$5 billion ($3.2 billion) to expand AI and cloud capabilities in Australia, to help bolster skills and cyber security
Nvidia, Foxconn Partner Up To Build AI Data Centres
New class of data centres are to be constructed by iPhone maker Foxconn and Nvidia to “accelerate the AI industrial revolution”
IT Spending Worldwide To Increase 8 Percent Next Year
Despite economic worries, Gartner says IT spending in 2024 will rise 8 percent, but spending on generative AI will not feature
US Cuts China Off From AI Chips, As Export Controls Tightened
Beijing reacts with anger, as United States and President Biden tighten export controls to China for advanced computer chips
Tech Giants Warn Of Largest-Ever DDoS Attack
Google, Amazon, Cloudflare all issue warnings after dealing with the largest-ever DDoS attack they have ever seen
AMD To Buy AI Startup As Nvidia Battle Heats Up
US chipmaker AMD is to acquire startup Nod.ai for undisclosed amount, as AI competition against rival Nvidia ramps up
China Plans Aggressive Expansion Of Computing Power
Chinese ministries say they want 50 percent expansion of national computing power by 2025 amidst trade war with US
OpenAI Mulls Development Of Own AI Chip – Report
Developer of ChatGPT, OpenAI is said to be exploring making its own AI chips and is eyeing a potential acquisition target
EU Urges Risk Assessments On Critical Technology
Amid rising tensions with certain nations, EU officials urge member states to immediately conduct risk assessments of most sensitive tech
EU Says No Formal Investigation Into AI Chips After Nvidia Raid
European Commission says no formal probe as yet into AI chip sector, following raid of Nvidia's offices by French competition authority
TikTok Opens First European Data Centre Amid China Fears
Project Clover effort to alleviate Chinese state surveillance fears, sees TikTol open first European data centre, with more to follow
China To Launch $40 Billion State Chip Fund – Report
Sanctions response. New state-backed investment fund is to be launched that seeks to raise $40 billion for China's semiconductor sector
Engineers Create Greener Alternative To Lithium-ion Battery
Australian boffins develop 'proton battery' that allegedly removes the environmental challenges posed by toxic lithium-ion batteries
US Denies Restricting AI Chip Sales To Middle East
US government official denies AMD and Nvidia claims they are being denied permission to sell AI chips to Middle East
Intel Says Upcoming Data Centre Chip More Than Doubles Efficiency
Intel says upcoming Sierra Forest data centre chip offers 240 percent efficiency gains over current-generation Xeon, as it looks for comeback
Nvidia Reaps AI Chip Demand As Profit Surges
Quarterly profits at Nvidia rocket up 843 percent, as GPU powerhouse benefits massively from demand for AI chips