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AI FACTORIES IN EUROPE
Deeptech startup Ethereal Machines raises $28.5 million from Avataar Ventures, Peak XV, othersDeeptech startup Ethereal Machines secured $28.5 million in funding. This capital will fuel the construction of a large manufacturing facil...- STMicro lifts data centre revenue goals on AI demand, shares hit 25-year highThe Franco-Italian chipmaker's shares rose as much as 10% to €65.21 per share, their highest since September 2000. They were up 8.4% as o...
- SoftBank to spend $87.5 billion on AI centres in France: SonJapanese tech investor SoftBank will spend 75 billion euros ($87.5 billion) on artificial intelligence infrastructure in France, its founde...
- Meta tool to track employee mouse clicks on collision course with EU privacy rulesMeta's AI training tool, Model Capability Initiative (MCI), is reportedly capturing extensive U.S. employee computer usage, including non-U...
- ‘She helped build the AI that replaced her’: Viral Meta layoff post sparks fear over future of white-collar jobsMeta layoffs: Meta's recent 8,000 job cuts coincide with a significant shift of over 7,000 employees to AI roles. A viral post alleges empl...
- Want to jump into the 'China is back' rally? Tread carefullyInvestors are increasingly betting that “China is back” as the economy rebounds from years of deflation, helped by strong manufacturing, ex...
- Customers have started committing to new product cycles: Tata Technologies MD & CEOTata Technologies is ramping up investments in the automotive and industrial arenas, fueled by innovative product cycles that are encouragi...
- Google seriously considering manufacturing AI servers in India: Minister Ashwini VaishnawGoogle is seriously considering manufacturing AI servers in India, according to IT Minister Ashwini Vaishnaw, who noted HP has already begu...
- Tata Electronics' $30 billion fab bet; Ather's Q4 revenue surgeTata Electronics CEO Randhir Thakur lays out the group’s big swing in fabs, advanced packaging and more in an interaction with ET. This and...
- Tata Electronics aims to be $30 billion business with fab play: CEO & MD Randhir ThakurTata Electronics is rapidly expanding its semiconductor and electronics manufacturing operations. The company has achieved significant reve...
- Egocentric data collection fuels AI robotics growth in IndiaIndian startups are entering the lucrative egocentric data collection business. This data, captured from a first-person view, is vital for ...
- These large-, mid- and small-cap stocks can give more than 22% return in 1 year, according to analystsWhen a market is in a secular correction due to fears that the economy might take a hit for some reason, the fall is generally across the b...
- U.S Stock Market today down: Why are S&P 500, Nasdaq, Dow Jones falling on Thursday?U.S. Stock Market indexes S&P 500, Nasdaq, and Dow Jones Industrial Average are down on Thursday.
- Europe risks falling behind US, China on AI data centre build-up, Nokia CEO saysNokia's CEO raises an alarm about Europe's lagging status in the development of AI data centers, warning that inadequate infrastructure and...
- HCL Tech flags weak Q4, bets big on AI to drive next phase of growthHCL Technologies faced a slower fourth quarter than anticipated. Weakness in its software business and certain service areas impacted resul...
- SUSE eyes deeper India push as CEO flags growth, open-source demandSUSE plans to increase investments in India, recognizing it as a significant growth market for open-source technologies. The company aims t...
- Falling trust in America is a Pandora’s box for the global economyThe TACO trade, a bet on Trump backing down from market-rattling actions, seems outdated as his Iran war and global policy shifts create un...
- Apple turns 50: Can AI shape the tech giant's future or signal its end?Apple celebrates its 50th anniversary as artificial intelligence challenges the Silicon Valley legend to prove it can deliver yet another c...
- Europe should focus on industrial AI, SAP saysEurope should focus on competing in industrial AI, a top executive at German software giant SAP said, as the continent plays catch-up in th...
- Nvidia to build first industrial AI cloud in GermanyNvidia will build its first AI cloud platform for industrial use in Germany, aiding firms like BMW and Mercedes. CEO Jensen Huang announced...
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