Industrial Innovations

25 Mar 2025

Firefly Aerospace selects Blue Origin unit to explore volcanic formations on moon

Firefly Aerospace has partnered with Blue Origin’s Honeybee Robotics to supply a rover for its third lunar mission in 2028 to study the Gruithuisen Domes, the Texas-based rocket maker said on Monday.

Exclusive-Quantum computing startup PsiQuantum raising at least $750 million, sources say

25 Mar 2025

Quantum computing startup PsiQuantum is raising at least $750 million at a $6 billion pre-money valuation, according to two people familiar with the matter.

South Korea's SK On wins EV battery deal with Nissan

19 Mar 2025

South Korean battery maker SK On said on Wednesday that it had won a deal to supply batteries for electric vehicles for Nissan Motor in the United States.

BYD unveils new super-charging EV tech, to build charging network in China

18 Mar 2025

BYD on Monday unveiled a new platform for electric vehicles (EVs) that it said could charge EVs as quickly as it takes to pump gas and announced for the first time that it would build a charging network across China.

Thailand approves $2.7 billion of investments in data centres and cloud services

17 Mar 2025

Thailand has approved 90.9 billion baht ($2.7 billion) worth of investments in data centres and cloud services, its investment board said on Monday, the latest additions to the country’s expanding tech sector.

14 Mar 2025

Intel jumps nearly 15% as investors cheer appointment of new CEO Tan

Shares of Intel closed 14% higher on Thursday, as Wall Street cheered its decision to name former board member Lip-Bu Tan as CEO, who left in August over differences about the chipmaker’s direction, after several years of market underperformance.

AI leading to faster, cheaper oil production, executives say

14 Mar 2025

Artificial intelligence is speeding up oil and gas drilling and prompting companies to take a second look at places they had viewed as too difficult or expensive to develop, executives detailed during the CERAWeek conference in Houston.

Intel's new CEO Lip-Bu Tan has a history as a successful underdog

13 Mar 2025

Lip-Bu Tan may be one of the most powerful technology executives you’ve never heard of. As he steps into one of the highest-profile jobs on the planet, CEO of troubled, storied chipmaker Intel, his performance will be on full display.

China's ICBC launches $11 billion technology innovation fund

12 Mar 2025

Industrial and Commercial Bank of China, the world’s biggest commercial lender by assets, announced on Wednesday the launch of an 80 billion yuan ($11.04 billion) technology and innovation fund to support the private economy.

Exclusive-TSMC pitched Intel foundry JV to Nvidia, AMD and Broadcom, sources say

12 Mar 2025

TSMC has pitched U.S. chip designers Nvidia, Advanced Micro Devices and Broadcom about taking stakes in a joint venture that would operate Intel’s factories, according to four sources familiar with the matter.

Oracle gives strong long-term growth outlook as AI cloud demand soars

11 Mar 2025