All articles by Shivam Mishra
Shivam Mishra
Singapore-based Silicon Box to set up €3.2bn chip facility in Italy
The investment is expected to generate around 1,600 semiconductor jobs at the new manufacturing site and create additional jobs indirectly through supplier and construction activities.
Nokia agrees to acquire Infinera in $2.3bn deal
The company expects the deal to bolster its optical networks business by 75%, expediting product development and expanding offerings.
AI start-up Helsing in talks to raise $500m at a $4.5bn valuation
Accel and Lightspeed are poised to be new investors, with General Catalyst, an existing supporter, likely to join the round.
CData Software secures $350m in funding led by Warburg Pincus
The company intends to use the funds to accelerate development of its new data integration solutions for its customers.
Volkswagen to invest $5bn in EV maker Rivian
The partnership is anticipated to expedite the development of advanced software for Rivian and Volkswagen.
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Stability AI raises funding, appoints new CEO
Akkaraju, a former CEO of Weta Digital, will take over as CEO of Stability AI with immediate effect.
Oracle to invest more than $1bn in AI and cloud computing in Spain
This investment, which will be made over the period of ten years, will be used to establish a third cloud region in Madrid.
PQShield raises $37m to offer quantum-resistant cryptography solutions
The investment is aimed at expanding the company’s commercial operations and further developing its intellectual property.
onsemi to invest $2bn in SiC facility in Czech Republic
The investment aims to meet the growing semiconductor demands fuelled by electrification, renewable energy, and AI.
Amazon to invest $10.7bn in Germany to expand cloud infrastructure and logistics
This investment is part of the company’s larger commitment to Germany, bringing its total planned investments to €17.8bn.