Intel’s foundry, or contract manufacturing business, has signed up Amazon’s cloud services unit as a customer for making custom artificial intelligence chips, the companies said on Monday, a deal that gives the chip maker a vote of confidence.
The European Commission has given Poland a green light to support an Intel chip assembly and testing plant with more than 7.4 billion zlotys ($1.91 billion) in state aid, the government said on Friday.
Qualcomm has explored the possibility of acquiring portions of Intel’s design business to boost the company’s product portfolio, according to two sources familiar with the matter.
Johnson & Johnson owes shareholders of Auris Health $1 billion in damages for breaching a 2019 agreement to acquire the private developer of robotics, a Delaware judge ruled on Wednesday.
Intel will begin to generate a "meaningful" amount of revenue from its contract chip manufacturing business in 2027, the company’s CFO said at an investor conference on Wednesday.
Tokyo-based artificial intelligence firm Sakana AI has raised over $100 million in a Series A funding round, with a mission to establish a cutting-edge AI lab in Japan.
Alphabet’s Google said on Thursday it will open its second data center in Latin America in the Uruguayan city of Canelones and invest more than $850 million in it.
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