All articles by Refna Tharayil
Refna Tharayil
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
US likely to ban Chinese software and hardware in connected and autonomous vehicles
The proposed ban is set to come into effect following the US decision last week to increase tariffs on Chinese EVs and semiconductors.
Hack sees Disney back off from Slack
The decision comes after hacking group NullBulge exposed data from thousands of Disney’s Slack channels.
UK to host November AI safety conference in San Francisco
To be held on 21 and 22 November, the conference will offer AI companies a chance to assess and consolidate their progress in developing AI guardrails.