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EUROPEAN CHIP STARTUP
European chip startup Axelera wins AI factory supply deals and launches second chipCEO Fabrizio Del Maffeo in a phone call with Reuters declined to give precise details, but said the company now has more than 600 customers...- Europe expands AI computing network with €390 million order from France's BullThe European Union's supercomputing body EuroHPC selected Bull to build LUMI-AI, the sixth machine ordered under its AI Factories programme...
- Microsoft to fund Mistral's European AI expansion in multibillion-dollar dealAs part of the agreement, Microsoft Azure customers will be able to develop software using Mistral's data centers in France, giving Microso...
- Chipmakers and other high-flying stocks slide as AI trade wobblesAs July commenced, global tech stocks faced a notable decline, predominantly driven by chip shares. This drop indicates investor profit-tak...
- Global Market: Cerebras bets big on Europe with AI infrastructure expansion amid soaring demandCerebras is significantly increasing its European AI computing capacity. The company plans to reach 200 megawatts by next year. This expans...
- AI chip challenger Cerebras sets sights on EuropeCerebras plans significant European computing capacity expansion to challenge Nvidia. The AI chip startup is responding to extraordinary de...
- Ahead of Market: 10 things that will decide stock market action on WednesdayIndian equities ended lower after four straight gains as profit booking, weak global cues and caution ahead of the US Fed minutes weighed o...
- No chips, no glory for India's AI companies racing to lock in GPUsRamprakash Ramamoorthy, director of AI research, Zoho, which is running its own data centre, said the compute cost has gone up significantl...
- Europe frets about US AI as tech world flocks to France for G7, VivaTechEuropean leaders and tech executives are focusing on technological sovereignty. Discussions at G7 and VivaTech highlight concerns about Ame...
- Europe's tech 'liberation day'? Computer says not yetThe EU plan aims to boost European tech firms and limit some access for dominant U.S. rivals. It marks a key but initial step, with the blo...
- Europe to incentivise governments to buy made-in-EU chips by startups, document showsThe European Commission is pushing for governments to purchase chips manufactured by European startups. This initiative aims to lessen the ...
- 'Western tech dominance fading' at Lisbon's Web SummitLisbon’s Web Summit gathers over 70,000 attendees to discuss AI, robotics, and startups amid global tech tensions. Speakers highlighted shi...
- If Europe builds the gigafactories, will an AI industry come?The plan for the large public access data centres, unveiled by European Commission President Ursula von der Leyen last month, will face cha...
- Can Europe really compete in AI with $20 billion gigafactories?The European Commission plans to invest $20 billion in building four AI gigafactories to compete with the U.S. and China. These facilities ...
- European tech shares tumble as China's AI push spooks investorsEuropean shares slid on Monday as the technology sector joined the retreat in other markets after China's upgraded low-cost, low-power arti...
- Nvidia closes $700 million Run:ai acquisition after regulatory hurdlesNvidia has finalised its $700 million purchase of Israeli AI firm Run:ai, with regulatory approval from the European Commission. Despite an...
- Chinese chipmaker Nexperia invests $200 million in European expansionNexperia makes 100 billion such chips annually, nearly a quarter of the world's supply. These chips are preferred over traditional silicon ...
- Chips to Startup programme underway; electronics manufacturing to hit $300 billion by 2026: IT MoSC2S programme aims to train 85,000 industry-ready manpower specialised in very-large-scale-integration VLSI/ chip design/ embedded system d...
- EU founders and VCs turn to safer shores like AI on slumpEuropean startups are making strides towards developing AI platforms that aim to compete with US-based companies, such as Open AI, in addit...
- Amazon in talks to become anchor investor in Arm ahead of IPOAmazon's potential involvement in the IPO, which has not previously been reported, underscores Arm's significance in cloud computing. Amazo...
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