All articles by Refna Tharayil
CMA ends probe into $4bn partnership between Amazon and Anthropic
The partnership allows Anthropic and Amazon to collaborate on honing the latter’s future Trainium and Inferentia AI chipsets.
Intel turns down Arm’s attempt to acquire product division
It is not clear whether the talks between the parties about the products division are abandoned or are still going on.
Accenture’s Q4 FY24 earnings exceed estimates, driven by Gen AI technology
The company posted revenues of $16.4bn in the reported quarter, marking a 3% increase compared to the corresponding quarter of the prior fiscal year.
Micron Technology’s shares rise on $8.7bn revenue forecast for Q1 FY25
The US chip company’s net income for Q4 FY24 increased to $887m against a loss of $1.43bn in the corresponding quarter of the previous fiscal year.
DSIT announces funding boost for UK semiconductor scale-ups to drive domestic chip industry
A new report by Perspective Economics revealed that the UK’s semiconductor industry is valued at around £10bn and will reach up to £17bn by the end of 2030.
Blackstone, Vista to acquire enterprise work management platform Smartsheet in $8.4bn deal
Upon the closing of the proposed transaction, Smartsheet’s class A common stock will cease to trade on any public market, and it will become a privately held company.
US awards $123m in funding to Polar Semiconductor to boost domestic chip production
The funding will enable the semiconductor firm to ramp up its wafer production from nearly 20,000 per month to 40,000 per month.
Kaspersky removes anti-malware software in US, forces UltraAV replacement
The Russian company’s latest move comes after it ceased US operations following the Biden administration’s ban on the sale of its products.
MHRA seeks applications for AI medical devices in regulatory sandbox
The regulatory body will offer customised testing plan for the participants in the AI Airlock programme to meet their specific needs, alongside opportunities for collaboration with industry and regulatory experts.
UK, US, and Canada join forces on cybersecurity and AI research
The collaboration also intends to expedite the transition of new technologies from research to operational use, thereby minimising technological risks