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EU approves 920 million euro German aid for Infineon chips plant
20 Feb 2025

EU approves 920 million euro German aid for Infineon chips plant

The European Commission said on Thursday it had approved a 920 million euro German state aid to Infineon for the construction of a new semiconductor manufacturing plant in Dresden.
Stellantis launches first in-house automated driving technology

Stellantis launches first in-house automated driving technology

20 Feb 2025
Stellantis announced on Thursday the launch of its first in-house-developed automated driving system, STLA AutoDrive, designed to allow urban commuters to momentarily engage in non-driving tasks. 
Ant Group enters China's growing humanoid robot industry amid rising tech interest

Ant Group enters China's growing humanoid robot industry amid rising tech interest

19 Feb 2025
Ant Group, the Alibaba-linked fintech giant, is venturing into the humanoid robot industry, joining a growing list of major Chinese tech companies exploring this emerging field.
Energy Transfer signs natural gas supply agreement with CloudBurst

Energy Transfer signs natural gas supply agreement with CloudBurst

11 Feb 2025
U.S. pipeline operator Energy Transfer on Monday entered into a long-term natural gas supply agreement with private, Denver-based company CloudBurst Data Centers for its development in Central Texas.
T-Mobile, Starlink start wide-scale testing of satellite-based connectivity

T-Mobile, Starlink start wide-scale testing of satellite-based connectivity

10 Feb 2025
T-Mobile said on Sunday it has started wide-scale testing of its satellite-to-cell service, powered by SpaceX’s Starlink, as the U.S. wireless carrier aims to eliminate mobile dead zones and extend connectivity to remote areas.
Data centre demand drives Keppel's annual profit higher
05 Feb 2025

Data centre demand drives Keppel's annual profit higher

Singapore’s Keppel posted a 5% rise in its full-year underlying profit on Wednesday, as earnings for its connectivity segment were boosted by strong demand for digital infrastructure required for artificial intelligence-based services.
Rivian says other automakers 'knocking on door' about tech from VW joint venture

Rivian says other automakers 'knocking on door' about tech from VW joint venture

24 Jan 2025
A joint venture between U.S. electric pickup and SUV maker Rivian and Volkswagen is in talks with other automakers about supplying their software and electrical architecture, a senior Rivian executive said on Thursday.
OpenAI, SoftBank each commit $19 billion to Stargate AI data center, the Information reports

OpenAI, SoftBank each commit $19 billion to Stargate AI data center, the Information reports

23 Jan 2025
OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported on Wednesday.
Aurora shares jump after deal with Nvidia, Continental to deploy self-driving trucks

Aurora shares jump after deal with Nvidia, Continental to deploy self-driving trucks

08 Jan 2025
Aurora Innovation’s shares rose 35% on Tuesday after the self-driving technology developer announced a long-term deal with Nvidia and Germany’s Continental to deploy driverless trucks.
Samsung Q4 earnings expected to be hit by Nvidia AI chip supply delay

Samsung Q4 earnings expected to be hit by Nvidia AI chip supply delay

07 Jan 2025
Samsung Electronics, the world’s top memory chip maker, is expected to forecast on Wednesday its profit growth continued to slow in the fourth quarter as it struggled to keep up with Nvidia’s strong demand for AI chips.
China's Pony.ai eyes robotaxi services in Hong Kong, joining Baidu
06 Jan 2025

China's Pony.ai eyes robotaxi services in Hong Kong, joining Baidu

Guangzhou-based Pony.ai Inc is seeking to launch its robotaxi services in Hong Kong, joining Baidu in a race to provide services in the city, as the autonomous driving firm looks to expand its operations globally. 
Exclusive-Singapore, Vietnam firms in talks for new undersea cables, sources say

Exclusive-Singapore, Vietnam firms in talks for new undersea cables, sources say

13 Dec 2024
Singaporean asset manager Keppel and Vietnamese conglomerate Sovico Group are discussing plans for new undersea fiber-optic cables that would boost the region’s data centre industry, people familiar with the discussions said.
Amazon successfully tests using delivery drones in Italy

Amazon successfully tests using delivery drones in Italy

06 Dec 2024
Amazon said on Thursday it had successfully completed an initial test of using delivery drones in Italy, the first European country where the e-commerce giant plans to introduce the service.
Amazon announces new slate of AI models

Amazon announces new slate of AI models

04 Dec 2024
Amazon announced a new slate of artificial intelligence platforms, known as foundation models, at its annual AWS conference, allowing for text, image and video generation, among other things.
US proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint venture

US proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint venture

03 Dec 2024
The U.S. Energy Department said Monday it is planning to loan up to $7.54 billion to a joint venture of Chrysler parent Stellantis and Samsung SDI to help build two electric vehicle lithium-ion battery plants in Indiana.

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