Next generation quantum processor dubbed 'Heron', and the modular IBM Quantum System Two unveiled by Big Blue
TECHNOLOGY POWERING BUSINESS
News Server
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
AWS re:Invent: Amazon Announces Two New AI Chips
Amazon Web Services announces the next generation of two AWS-designed chip families, namely the AWS Graviton4 and AWS Trainium2
AWS re:Invent: Amazon Nvidia Expand Collaboration
Amazon Web Services and Nvidia expand partnership with new supercomputing infrastructure, software and services for generative AI
Nvidia Delays Launch Of AI Chip For China – Report
Customers in China informed by Nvidia that it delaying launch of new AI chip that will comply with US export rules
Autumn Statement 2023: Tech Implications
Chancellor's Autumn statement for the tech industry focused on AI, quantum computing, R&D tax credits, and more
Broadcom Expects To Complete $61bn VMware Deal On Weds
Broadcom expects to complete $61bn VMware acquisition on Wednesday after triggering antitrust probes around the world
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, 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”
China Lashes Out As US Tightens Chip Export Controls
Trade war intensifies, as Beijing lashes out at toughens export controls from US. Nvidia confirms new rules will impact AI chips
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
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
US Warns China Of Update To Chip Export Controls
Biden administration not blinking first, as Beijing is warned by US of imminent update to export rules on AI chips and chip-making tools
Intel Re-Issued Hefty Antitrust Fine by European Commission
No escape. After successfully overturning last year its 2009 antitrust fine of €1.06 billion, European Commission re-imposes fine of €376.4m
ARM Shares Soar 25 Percent After Nasdaq Listing
Successful public listing for ARM Holdings in the US after its shares rise 25 percent above Nasdaq debut price
ARM Holdings IPO Values Firm At £43.6 Billion
Ahead of its shares listing on Thursday, British chip designer ARM Holdings secures a market value of $54.5bn (£43.6bn)
Newport Wafer Fab To Cut Jobs, Blames Government Restrictions
National security restrictions blamed as Welsh chip factory proposes to axe 100 jobs, as search for new owner continues
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
ARM Signs Up Major Tech Firm Investors, Prices IPO
Apple, Alphabet, Intel, Samsung etc sign up as investors in ARM's upcoming IPO, as management lowers listing valuation
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
President Biden Executive Order Targets Tech Investments In China
Tech crackdown against Beijing continues after President Biden signs executive order to prohibit certain tech investments in China
Apple, Amazon In Talks To Invest In ARM – Report
Amazon and Apple reportedly in talks with British chip designer ARM Holdings to be 'anchor investors' before September IPO
Germany To Subsidise TSMC Factory In Dresden
TSMC's first European factory will see the German government cough up 5bn euros (£4.3bn) in subsidies for the 10bn euros (£8.6bn) fab
‘Room-Temperature Superconductor Claim Triggers Investigation
South Korean researchers grab attention after breakthrough claim of a room-temperature, ambient-pressure superconductor
A Clear Road To Net Zero – Tackling Data Centre Sustainability Myths
David Watkins, solutions director for VIRTUS Data Centres, dispels the sustainability myths that continue to surround the data centre sector
ARM Targets $60 Billion Valuation For IPO
Owner Softbank seeks valuation of $60 to $70 billion for September IPO of British chip designer ARM Holdings
AMD To Invest $400m In India Over Five Years
US chipmaker AMD confirms big investment in India, plus construction of largest design centre, as New Delhi continues charm offensive