Industrial Innovations

24 Apr 2025

IoT devices: are they secure?

What happens if the information IoT devices use or communicate is not reliable or accurate?

Micron rejigs business units to highlight AI data center demand

18 Apr 2025

Micron Technology said on Thursday it is reshuffling its business segments to focus on the artificial intelligence-linked demand for its memory chips from large-scale cloud providers.

OpenAI's $500 billion Stargate venture weighs future UK investment, FT reports

17 Apr 2025

Stargate, a $500 billion U.S. data-centre project funded by SoftBank, OpenAI and Oracle, is weighing a future investment in the UK as it explores overseas locations to build out AI infrastructure, the Financial Times reported on Thursday.

ABB to spin off world's second biggest robotics business

17 Apr 2025

Swiss industrial group ABB on Thursday announced plans to spin off its robotics division in the biggest shake up at the company since it sold its power grids business to Japan’s Hitachi in 2018.

Fast-charging battery firm Nyobolt raises $30 million for expansion

16 Apr 2025

UK fast-charging battery technology company Nyobolt has raised $30 million to expand its business in autonomous warehouse robots and heavy duty vehicles and move into new markets including mainstream electric vehicles, it said on Wednesday.

15 Apr 2025

Intel to sell majority stake in Altera for $4.46 billion to fund revival effort

Intel has agreed to sell a 51% stake in its Altera programmable chip business to buyout firm Silver Lake for $4.46 billion, in the first major move by new CEO Lip-Bu Tan to revive the struggling American chipmaker.

Navigation specialist TomTom beats quarterly revenue forecast on auto tech sales

15 Apr 2025

Dutch digital mapping specialist TomTom reported on Tuesday a marginal rise in its first-quarter revenue, beating expectations, supported by a stronger-than-anticipated performance in its automotive location technology business.

Lucid to acquire select Arizona-based Nikola facilities and assets

14 Apr 2025

California-based Lucid Group on Friday said it will acquire select Arizona-based facilities and assets previously belonging to bankrupt electric and hydrogen-powered truckmaker Nikola Corp.

Google launches new Ironwood chip to speed AI applications

10 Apr 2025

Alphabet’s on Wednesday unveiled its seventh-generation artificial intelligence chip named Ironwood, which the company said is designed to speed the performance of AI applications.

Foxconn wants to work with Nissan on EVs, strategy chief tells Nikkei

09 Apr 2025

Foxconn wants to cooperate with Nissan but is currently not engaging with the Japanese automaker, an executive in charge of the Taiwan company’s electric vehicle business told the Nikkei newspaper in an interview published on Wednesday.

China's Horizon Robotics announces partnership with Volkswagen on advanced smart driving tech

07 Apr 2025