All articles by Archana Rani
Archana Rani
Intel challenges EU over antitrust fine of $421.4m
The chipmaker has contested the fine, arguing that it is both “disproportionate and unfair”.
Nvidia, Foxconn to build AI factory in Taiwan
The AI factory will house 10,000 NVIDIA Blackwell GPUs, which is expected to enhance the availability of AI computing.
EC seeks feedback on Microsoft antitrust remedy proposals
Investigation by the EC began in July 2023, following complaints from Slack Technologies, now part of Salesforce, and alfaview GmbH
Cognichip secures $33m seed funding for ACI development
Led by Lux Capital and Mayfield, the financing will be instrumental in developing Cognichip’s first PIFM for semiconductors.
AI video startup Hedra secures $32m in Series A funding round
The round also saw participation from previous backers, including a16z speedrun, Abstract, and Index Ventures.
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EU preliminary findings note TikTok breached DSA
If the findings are ultimately confirmed, the Commission could impose a fine of up to 6% of TikTok’s global annual turnover.
US and UAE collaborate on new 5GW AI campus in Abu Dhabi
The campus will serve as a central hub for US hyperscalers and large enterprises.
Harvey AI in talks to raise $250m-plus at $5bn valuation
The round could be led by venture capital firms Kleiner Perkins and Coatue.
Amazon cuts jobs in devices and services division
The job cuts are a result of Amazon’s routine business evaluation.
CoreWeave plans up to $23bn investment to boost AI infrastructure
For Q2 2025, CoreWeave’s projected capital expenditure ranges between $3bn and $3.5bn.